Texas Stock Exchange Added to Consolidated Audit Trail Plan
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This amendment adds Texas Stock Exchange LLC as a participant in the national Consolidated Audit Trail plan, the system used to track securities orders and trades across U.S. markets. The change mainly affects TXSE, existing exchange participants, broker-dealers, and market oversight teams. It is a technical onboarding step: TXSE signed the plan, paid the required fee, and is now included in the participant list unless the SEC reverses the change within the allowed review window.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Adds Texas Stock Exchange LLC as a participant in the CAT NMS Plan
- Updates the plan’s participant list and notice address information for TXSE
- Makes the amendment effective immediately as a technical or ministerial change
Obligations
What this law requires
A Commission-approved national securities exchange or national securities association seeking admission as a CAT NMS Plan Participant must submit a completed application to the CAT NMS Plan Company in the form provided by the Company.
A prospective CAT NMS Plan Participant must execute a counterpart of the CAT NMS Plan before admission as a Participant.
A prospective CAT NMS Plan Participant must pay the Participation Fee to the CAT NMS Plan Company as set forth in the Plan before the amendment admitting it becomes effective.
When a new CAT NMS Plan Participant is admitted, Exhibit A to the CAT NMS Plan must be amended to reflect the new Participant’s status and address for notices under the Plan.