Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on April 27, 2016, under the Government in the Sunshine Act. The Commission today will be considering a major milestone forward in the creation of the consolidated audit trail (CAT), a critical initiative that will greatly advance the ability of regulators to oversee the modern, constantly evolving securities markets. Specifically, the Commission will consider a staff recommendation to publish for public comment a proposed national market system plan submitted jointly by the self-regulatory organizations (SROs) to create, implement and maintain the consolidated audit trail.
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