Rollout Plan

SEC Rule 613 Rollout Plan

Event: CAT Processor Selected by NMS Plan Participants

Implementation Date: Within two months after effectiveness of the approved NMS Plan (January 17, 2017)


Event: Business Clock Synchronization for SROs and Broker-dealers

Implementation Date: Within four months after effectiveness of the approved NMS Plan (March 15, 2017)


Event: SROs begin submitting data to the central repository

Implementation Date: Within one year after the effectiveness of the approved NMS Plan (November 15, 2017)


Event: SROs must implement enhanced surveillance using CAT data

Implementation Date: Within 14 months after effectiveness of the approved NMS Plan (January 15, 2018)


Event: SRO members, except small members, must being submitting data to central repository

Implementation Date: Within two years after effectiveness of the approved NMS Plan (November 15, 2018)


Event: Small SRO members must begin submitting data to the central repository

Implementation Date: Within three years after effectiveness of the approved NMS Plan (November 15, 2019)