What is the criteria for determining if a Reportable Event report is late and therefore, marked as such in a CAT Reporter’s reporting statistics?
The reporting of data will be considered late if it is not reported by the deadlines established in the CAT NMS Plan. For example, Industry Members must report (1) Recorded Industry Member Data, as defined in the CAT NMS Plan, to the CAT by 8:00 a.m. ET on the Trading Day following the day the Industry Member records such data, and (2) Received Industry Member Data, as defined in the CAT NMS Plan, to the CAT by 8:00am ET on the Trading Day following the day the Industry Member receives such Received Industry Member Data. If such data is not reported in accordance with those deadlines, it will be considered late.