Tuesday, 07 Jul, 2026

The Panopticon of Finance: Inside the SEC’s Consolidated Audit Trail (CAT)

In an era defined by rapid digitization and the erosion of financial anonymity, the United States Securities and Exchange Commission (SEC) is finalizing the implementation of one of the most ambitious and controversial surveillance projects in financial history: the Consolidated Audit Trail (CAT). This massive, centralized database is designed to aggregate every equity and options […]