The reporting of Customer Identifying Information and Customer Account Information consists of two phases, an earlier phase in which Industry Members must report to the CAT certain account information regarding account holders with a Large Trader Identification (LTID) number or an Unidentified Large Trader Identification (ULTID) number pursuant to SEC Rule 13h-1 (collectively called “LTID Account Information”), and a later phase that requires Industry Members to report all Customer Identifying Information and Customer Account Information. Specifically, each Industry Member must report Customer information according to the following milestones:
First Phase - Limited LTID Account Information Reporting
April 26, 2021| By April 26, 2021, Large Industry Members (which are Industry Members other than Small Industry Members) must report LTID Account Information for FDIDs that have associated LTIDs or ULTIDs and a CAT reporting requirement on or after April 26, 2021. The specific reporting requirements and guidance for such reporting are set forth in the CAT Reporting Customer and Account Information Technical Specifications for Industry Members-LTID.
December 13, 2021| By December 13, 2021, all Industry Members (Large and Small Industry Members) must report LTID Account Information related to all remaining FDIDs that have associated LTIDs or ULTIDs and CAT reportable activity as of and including Phases 2a, 2b, 2c and 2d.
Note that all Industry Members may begin submitting LTID Account Information to the CAT CAIS Testing Environment on August 24, 2020 and to the CAT Production Environment on December 14, 2020.
Second Phase - Full Customer & Account Reporting
May 31, 2024| All Industry Members must report to the CAT a full set of Customer Account Information and Customer Identifying Information for all Active Accounts in Phase 2e. The specific reporting requirements and guidance for Industry Members is provided in the CAT Reporting Customer and Account Technical Specifications for Industry Members-Full CAIS and CAT Alerts 2022-01 and 2023-01.
In addition, on a periodic basis, each Industry Member will be required to submit to the CAT a complete set of all required Customer information.