Skip to main content

For updates and guidance related to COVID-19 / Coronavirus, click here.

SR-FINRA-2020-024

Proposed Rule Change to Delete the FINRA Order Audit Trail System (OATS) Rules

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to eliminate the Order Audit Trail System (“OATS”) rules in the FINRA Rule 7400 Series and FINRA Rule 4554 (Alternative Trading Systems — Recording and Reporting Requirements of Order and Execution Information for NMS Stocks) once members are effectively reporting to the consolidated audit trail (“CAT”) and the CAT’s accuracy and reliability meet certain standards.

Title Format - Size Status
Text of the Proposed Rule Change PDF - 359.56 KB
Federal Register Notice PDF - 273.33 KB