4 Steps to Successful CAT Onboarding and Certification

https://tabbforum.com/opinions/4-steps-to-successful-cat-onboarding-and-certification/

David Campbell – Where is your firm in the onboarding process right now?

  • Have you read all the documents and signed all the necessary legal agreements to gain entry into the CAT testing environment?
  • Have you determined your default reporting ID?
  • Have you begun to assign your account administrators for CAT?
  • Have you signed up your reporting agents?

And most important: Will you be ready for industry testing when it starts on Dec. 16, 2019?

Robinhood is launching a new banking feature less than a year after blowing the launch of a similar product so bad Congress got involved

https://www.businessinsider.com/robinhood-cash-management-launch-congress-2019-10?amp%3Butm_medium=referral&utm_campaign=Feed%3A%2Bbusinessinsider%2B%28Business%2BInsider%29&utm_medium=feed&utm_source=feedburner

Dan DeFrancesco – With Cash Management, uninvested cash will be moved to program banks, which will offer insurance from the Federal Deposit Insurance Corp.