Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
US SEC lowers CAT system operating expenses

US SEC lowers CAT system operating expenses

CointimeCointime2025/09/30 21:01
By:Cointime

U.S. Securities and Exchange Commission (SEC) announced that in order to reduce the costs of the Consolidated Audit Trail (CAT) system, it has approved conditional exemptions for CAT participants. The measures include reducing data processing and storage requirements, with projected spending expected to decrease by an additional $20-27 million from the current $196 million by 2025. SEC Chairman Paul S. Atkins stated that this is the beginning of CAT reform and cost control.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!