New Podcast: Leadership – Connecting the Dots in Today’s Business Environment

Recently, Oyster Consulting industry leaders Buddy Doyle, Bill Davis, Jeffrey Hiller, Jim Roth and Ed Wegener took some time to discuss what firm executives and decision makers should be focusing on in today’s volatile and changing business environment. With their decades of experience in compliance, operations, growth strategies and operations, they provide insight into improving… READ MORE

CAT Implementation Delayed Due to COVID 19

On March 16, 2020 the SEC announced no-action relief to allow Participants to delay the implementation of Consolidated Audit Trail (CAT) until May 20, 2020.  This announcement comes as the industry deals with disruptions as a result of COVID-19, and members have to make difficult prioritization decisions around staff required to implement CAT.  Market volatility… READ MORE

CAT Testing – Don’t Lose Sight of Large Trader ID (LTID) and Phase 2c Deadlines

Many broker-dealers are in the process of preparing for access to the CAT reporting environment.  They are making sure data transmission lines are implemented and functioning correctly, evaluating data requirements and ensuring which data will be produced by which technology provider (where appropriate), and performing linkage testing to clarify ALL of their trade flow to ensure all… READ MORE

CAT Connectivity Deadlines – Establish Connectivity Methods and Be Ready for Testing

FINRA CAT, LLC hosted two industry webinars concerning CAT Connectivity on August 29th and September 26th, 2019 which provided a summary of CAT interfaces and connectivity methods.  Three connection methods for file submittal were outlined for Industry Members (IMs). Private Line provided by a Managed Network Service Provider (MNSP) After an industry RFP, CenturyLink was… READ MORE