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Why is there a question on the CAT Registration Forms (Transaction and Reference Database Registration) asking for a Legal Entity Identifier (LEI)?

Why is there a question on the CAT Registration Forms (Transaction and Reference Database Registration) asking for a Legal Entity Identifier (LEI)?

The CAT NMS Plan requires Industry Members to “submit to the Central Repository” information  “including CRD number and LEI, if such LEI has been obtained.” “Central Repository” means the repository responsible for the receipt, consolidation, and retention of all information reported to the CAT pursuant to SEC Rule 613 and this Agreement. 

The CAT NMS Plan requirement does not require Industry Members to obtain an LEI, but rather to provide its LEI to the Plan Processor (FINRA CAT) if the Industry Member does have an LEI. 
 

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