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Video: CAT Supercomputer to Track Dark Pools on Wall Street

In this video, Better Markets CEO Dennis Kelleher discusses the progress of the Consolidated Audit Trail (CAT), a proposed SEC supercomputer that will be used to track orders and peer into dark pools. While this sounds like a good idea, Kelleher describes the conflicts of interest inherent in the proposal process the SEC is using for CAT. Kelleher is the CEO of Better Markets, a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets.