CETT – COMPLIANCE EMPLOYEE TRADE TRACK
CETT was developed to implement the SEC’s employee personal trade compliance requirements for financial institutions, investment managers, and any other organization subject to these regulations.
The main functionality of CETT is the following:
- Allows employees to request approvals for trades in personal accounts.
- Automatically approves trades requests that are not problematic from a compliance point of view.
- Reconciles, in real time, employee requests with the affected trades received from the custodians and brokers.
- Provides complex real time and batch reports required by the SEC.