Goldman Sachs Execution and Clearing, L.P., KCG Americas LLC and RBC Capital Markets LLC agreed to pay fines in excess of US $2.6 million in aggregate to resolve allegations by the Financial Industry Regulatory Authority that they failed to comply with Order Audit Trail System reporting requirements. (OATS is an integrated audit trail of order, quote and trade information for all national market system stocks and over-the-counter equity securities administered by FINRA. Under OATS, FINRA member firms must electronically capture and report to OATS specific data elements relating to the handling or execution of relevant orders.) According to FINRA, between July 2006 and July 2013, Goldman Sachs failed to transmit 6.3 billion reportable order events (or 6.1 percent of all reports it was required to transmit), and transmitted 42.1 billion inaccurate or incomplete order events (or 20.5 percent of all reports it was required to transmit) between July 2006 and March 2015, among other issues. FINRA also alleged that GETCO Execution Services, whose assets and obligations KCG purchased in December 2013, misreported almost 7 billion records from January 1 through December 1, 2013. This constituted 48 percent of all records the firm transmitted to OATS during the relevant time period. Likewise, RBC failed to report almost 2 billion required records from November 2011 through March 2014; this constituted almost 16 percent of all records the firm was required to transmit to OATS during the relevant time period. For their alleged offenses, Goldman Sachs agreed to pay a total fine of US $1.8 million, KCG, US $380,00 and RBC, US $425,000.