SEQ 001
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Plan Policies
CT Plan Policies
Policies
The complete CT Plan Policies governing licensing, reporting, billing and compliance across Tapes A, B and C.
Document information
- Scope
- Tapes A · B · C
- Effective
- APR 01 2027
SEQ 002
MSG=ADMIN
Key Changes
A summary of key changes
The new CT Plan Policies replace the existing CTA and UTP Plan Policies with a number of important modifications designed to improve the clarity and simplify CT Plan administration.
| Topic | Legacy: CTA & UTP Plans | New: CT Plan |
|---|---|---|
| Administration | Legacy · CTA + UTPTwo administrators, two policy sets, two portals, two audit programs | New · CT PlanOne administrator (DataCT LLC), one policy, one portal, one compliance program across Tapes A, B and C |
| Subscriber classification | Legacy · CTA + UTPRegistration-based “Securities Professional” tests; different question sets per plan | New · CT PlanUsage-based classification with one simple qualification and attestation, applied identically across all Tapes |
| Non-Professional counting | Legacy · CTA + UTPDevice-oriented counting (CTA) and differing per-subscriber rules (UTP) | New · CT PlanEach natural person engaged in Nonprofessional Usage is counted once, regardless of devices, applications or access points; sliding-scale fees |
| Professional User Netting | Legacy · CTA + UTPTwo separate MISU programs, each requiring an annual audit at the firm’s expense | New · CT PlanOne Professional User Netting Program; periodic control reviews and attestations replace the annual audit |
| Attribution | Legacy · CTA + UTPScreen-by-screen display statements designed for terminals | New · CT PlanPractical service-level attribution designed for displays, APIs, feeds, datasets and AI services |
| Delayed data | Legacy · CTA + UTPDifferent fee and agreement treatment under each plan | New · CT PlanA uniform 15-minute delayed data license across all Tapes; no usage reporting for delayed or end-of-day redistribution |
| Compliance | Legacy · CTA + UTPOverlapping plan-by-plan audits | New · CT PlanA graduated, controls-based program with good-faith protection for redistributors |
| Contract audit clauses | Legacy · CTA + UTPCPA-certified device-count reports at the vendor’s expense, plus reimbursement of the administrator’s audit costs for underreporting (UTP) | New · CT PlanLicense Reviews, attestations and compliance surveys follow the graduated Policies framework, with good-faith protections. Compliance Reviews conducted transparently and deterministically |
SEQ 003
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Policy Changes
Policy objectives
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01
Unified Policies
A single, unified set of Policies for all three Tapes, consistent terms, definitions and administration processes. One dedicated Administrator (DataCT), a new digital portal consolidatedtape.com for streamlined administration.
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02
Clear, unambiguous terms
Clear terminology and policy rules to reduce ambiguity and compliance risk. Online policy interpretation FAQs, support desk and online data license inventory for a shared, single source of truth to eliminate guesswork and reconciliations.
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03
Modernized Rules
Policies that acknowledge and recognize how data is used in modern markets and technologies.
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04
Objective, Control Focus
Enhanced focus on how data access and usage is controlled and managed supporting a more objective and clear compliance regime.
SEQ 007
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