[Global Financial Insights] SEC Grants Exemption From Reporting Certain Personal Information to Consolidated Audit Trail
- Blog|News|Account & Audit|
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- By Chetan Kulasri
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- Last Updated on 15 February, 2025
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The SEC has granted an exemption from reporting personally identifiable information (PII), such as names, addresses, and birth years, to the Consolidated Audit Trail (CAT) for individual investors. This decision aims to reduce security risks associated with storing sensitive data while ensuring CAT remains effective in market oversight. The move follows growing concerns over cyber threats that could exploit PII in case of a breach.
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