May 7, 2024
I am writing to express my strong support for the scheduled full implementation of the Consolidated Audit Trail (CAT) system on May 30th. As a constituent and someone deeply concerned about market transparency and investor protection, I believe that the timely full deployment of the CAT is essential for enhancing market oversight and safeguarding against market abuses. The CAT represents a significant step forward in market surveillance capabilities by providing regulators with comprehensive data on trading activities in U.S. equities and options markets. Its implementation will greatly improve the ability to detect and deter market manipulation, insider trading, and other illicit activities, ultimately promoting fair and efficient markets. The May 30th implementation date represents a culmination of extensive planning, development, and collaboration among industry participants and regulators. Any attempt to derail this process would undermine the progress made towards enhancing market transparency. Sincerely a household investor. William Ross