Regulatory Alerts2024-12-24 | Information Notice 12/24/24Added · Updated
Completion of Historical CAT Cost Recovery Assessment 1
FINRA announces that Historical CAT Cost Recovery Assessment 1 will cease to apply to transactions in eligible securities executed by FINRA member CAT executing brokers effective January 1, 2025. This fee, established under FINRA Rule 6897(b)(1)(A) to recover $4,391,414 in contributions toward the Consolidated Audit Trail prior to January 1, 2022, has been fully collected. Consequently, member firms will no longer receive monthly invoices for this specific assessment after January 2025, with the final payment due in February 2025.
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