{"abstract":null,"action":null,"agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2021/11/04/2021-24035.html","cfr_references":[],"citation":"86 FR 60933","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"(1) Lewis and Citadel ignore that Participants and FINRA CAT are required to monitor CAT's cyber security and promptly address vulnerabilities in accordance with Commission regulation; (2) Industry Members can influence CAT LLC and Commission regarding cybersecurity as a result of CAT LLC governance and operating mechanisms; (3) Commission has unique access to highly sophisticated cyber security and cyber warfare assets, which give them access to the most up-to-date technology; (4) CAT's technology suppliers (e.g., AWS) have reputational incentives to maintain CAT cyber defenses; (5) the ability to litigate might increase CAT cyber risk by potentially weakening Industry Members' incentives to provide feedback to the Participants; (6) Participants still face litigation risk including from Commission enforcement actions. See CRA Response at 13-14.","disposition_notes":null,"docket_ids":["Release No. 34-93484","File No. 4-698"],"dockets":[],"document_number":"2021-24035","effective_on":null,"end_page":60946,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2021/11/04/2021-24035.xml","html_url":"https://www.federalregister.gov/documents/2021/11/04/2021-24035/joint-industry-plan-order-disapproving-an-amendment-to-the-national-market-system-plan-governing-the","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2021-24035?publication_date=2021-11-04","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2021-11-04/2021-24035/mods.xml","not_received_for_publication":null,"page_length":14,"page_views":{"count":333,"last_updated":"2026-04-04 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-11-04/pdf/2021-24035.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-24035.pdf?1635943530","publication_date":"2021-11-04","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2021/11/04/2021-24035.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"SEC","document_id":"SEC-2021-1553-0001","checked_regulationsdotgov_at":"2021-11-05T03:30:10Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":60933,"subtype":null,"title":"Joint Industry Plan; Order Disapproving an Amendment to the National Market System Plan Governing the Consolidated Audit Trail","toc_doc":"Order Disapproving an Amendment to the National Market System Plan Governing the Consolidated Audit Trail","toc_subject":"Joint Industry Plan:\n","topics":[],"type":"Notice","volume":86}