established by FINRA to create a time-sensitive audit trail for order, quote, and trade information. OATS provides a timed record of the sequence of events involved. Specifically, OATS records the time an order is entered, the time it is executed, and the time it is modified or cancelled.
Series 26: Order Audit Trail System (OATS)
Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam
Definition of the term Order Audit Trail System (OATS)...
Since you're reading about Series 26: Order Audit Trail System (OATS), you might also be interested in:
Please Enable Javascript
to view this content!
to view this content!