Latest Updates | CATNMSPLAN

08/02/2023
Announcement
Update on CAIS Compliance Deadlines
08/02/2023
FAQ| Q. Customer and Account Information
Q65. To facilitate reporting of Authorized Traders as required by the CAT NMS Plan, the Full CAIS Technical Specifications require a firstName, lastName, yearOfBirth, tidType and tidValue to be reported for all Natural Person Authorized Traders. Accordingly, if these fields for Natural Person Customers are not populated, the Customer Record will be rejected. The Plan Participants understand that some Industry Members have not historically collected and systematized a tidValue and yearOfBirth for Natural Person Authorized Traders and may be unable to report them as required by the Full CAIS Technical Specifications per the implementation schedule as set forth in CAT Alerts – 2022-01 and 2023-01. How must Industry Members report Natural Person Customers if they are not able to provide all required information by the Full CAIS Compliance Go-Live date?
08/02/2023
FAQ| Q. Customer and Account Information
Q8. May Industry Members provide Customer Account Information on all of their accounts, not just Active Accounts or those Active Accounts in scope for a given phase of reporting?
08/02/2023
FAQ| Q. Customer and Account Information
Q42. A broker-dealer systematized a Customer’s account information on a specific date, but the new account form was dated with a date prior to the systematized date. Is it permitted for the broker-dealer to report the later systematized date as the fdidDate on the related FDID Record?
08/02/2023
Announcement
4/20/2023 This Announcement Has Been Superseded
08/02/2023
Reference Material
Customer & Account Technical Specifications for Industry Members v2.0 r10 (Clean)
08/02/2023
FAQ| Q. Customer and Account Information
Q27. When will CAIS open for Production, and what happens after that date?
08/02/2023
FAQ| M. Firm Designated ID
M16. FAQ M1 identifies certain limited circumstances where a change/replacement in Firm Designated ID (FDID) value associated with a particular trading account or Relationship ID would be permissible. If an Industry Member changes an FDID due to one of these limited circumstances prior to Full CAIS, what additional steps are required?
08/02/2023
FAQ| Q. Customer and Account Information
Q58. To facilitate reporting of correct Customer names as required by the CAT NMS Plan, the Full CAIS Technical Specifications require Natural Person first and last names to be reported in two separate fields. Accordingly, if both the firstName and lastName fields for Natural Person Customers are not populated, the Customer Record will be rejected. The Plan Participants understand that some Industry Members have historically maintained the first and last names in a single field within their system and may be unable to parse them into separate fields by the implementation schedule set forth in CAT Alerts 2022-01 and 2023-01. How must Industry Members report Natural Person Customers if the first and last names are not able to be parsed within the Industry Member’s system by the time the Customer Record is required to be reported to CAIS ?
08/02/2023
FAQ| Q. Customer and Account Information
Q18. When are account movements between broker-dealers (e.g., merger/acquisition) required to be linked in CAIS?
08/02/2023
FAQ| Q. Customer and Account Information
Q21. What is the reporting deadline for reporting Customer and Account information for the LTID Phase and Full Customer and Account Phase?
08/02/2023
FAQ| Q. Customer and Account Information
Q51. How should an Industry Member populate the roleStartDate field if it did not record the date on which the Customer entered into the specified role on the account?
08/02/2023
FAQ| Q. Customer and Account Information
Q28. What is expected to be in CAIS LTID on April 26, 2021, when mandatory reporting starts?
07/31/2023
Reference Material
CAT Industry Member Technical Specifications (2d) v4.0.0 r20
07/31/2023
Reference Material
Q2 2023 QPR

« First
‹ Previous
…
12
13
14
15
16
17
18
19
20
…
Next ›
Last »

Need Help?

Reach out to the FINRA CAT Helpdesk by phone at 888-696-3348 or email at [email protected].