Advancing American Freedom, a conservative group founded by former Vice President Mike Pence, is sounding the alarm about a Biden administration effort to collect Americans’ private financial information, according to a memo obtained by the Daily Caller News Foundation. The Securities and Exchange Commission (SEC) in 2012 authorized a program to make it easier for financial regulators to track transactions in U.S. markets by creating a “consolidated audit trail,” or CAT. This would require brokerages and exchanges to collect and report certain financial information to regulators and other fina…
