Small Firm Resources
Consolidated Audit Trail (CAT) Frequently Asked Questions
View frequently asked questions from small firms about the consolidated audit trail (CAT)
OATS Excluded Member Transition Request Form (PDF 86 KB)
Rule 7410 permits members excluded from the definition of Reporting Member to retain their exclusion while routing orders to two Reporting Members during a transition from one Receiving Reporting Member to another for a defined period of time not to exceed one year provided certain conditions are met.
OATS Basics Presentation
For information, please refer to our Order Audit Trail System (OATS) Basics presentation (PowerPoint 208 KB).
NASD Notice to Members 06-15
SEC Approves Expansion of NASD's Exemptive Authority under the OATS Rules; NASD Provides Additional Guidance Regarding Exemptive Relief and Encourages Exempted and Other Small Firms to Test the Enhanced OATS Web Interface (Notice Posted on: 4/5/06)
Exemptive Relief from the OATS Recording and Reporting Requirements
FINRA Rule 7470 contains a provision that permits FINRA to grant exemptive relief from the OATS reporting and recording requirements for manual orders in certain circumstances.
OATS Web Interface User Guide (PDF 5 MB)
Provides an overview of the OATS Web Interface. It describes the functionality and steps used to navigate, view, and take action on OATS data and feedback.
The OATS Web Interface User Guide is a companion document to the OATS Reporting Technical Specifications. The Technical Specifications provides descriptions of order and reporting responsibilities, Reportable Order Event record (ROE), and Firm Order Report file (FORE) layouts.
OATS Web Interface Data Dictionary (PDF 150 KB)
Provides definitions, allowable values, and additional information related to data presented on the OATS Web Interface.