{
  "tool_id": "art-544-slate-report-validator",
  "note": "golden_hash filled by golden-parity.test.mjs --update. Vector 1: one structurally valid loan report record (FLAT rate, CASH collateral, NEW loan). Vector 2: same record but late-reported with a rebate rate/non-cash collateral -- still valid, different enum branch. Vector 3: two records, one with missing required fields and a negative rate/quantity, one with bad enum values and a malformed security_identifier. Vector 4: zero-report edge (empty array -- finite gate, no throw). Vector 5: unparseable effective_date and out-of-range collateral_value.",
  "vectors": [
    {
      "name": "single_valid_flat_cash",
      "description": "One structurally valid record: FLAT rate, CASH collateral, NEW loan type, well-formed CUSIP-shaped identifier.",
      "policy_parameters": {
        "reports": [
          {
            "loan_id": "LOAN-1001",
            "effective_date": "2026-08-01",
            "rate_type": "FLAT",
            "rate": 4.25,
            "collateral_type": "CASH",
            "collateral_value": 100000,
            "counterparty_id": "CPTY-77",
            "security_identifier": "037833100",
            "quantity": 5000,
            "loan_type": "NEW"
          }
        ]
      },
      "output_payload": {
        "reports_checked": 1,
        "reports_valid": 1,
        "violations": [],
        "field_spec_version": "finra-rule-6540-6500-series-field-spec-2026.1",
        "regulatory_basis": "FINRA Rule 6540 (Securities Lending and Transparency Engine reporting, implementing SEC Rule 10c-1a); Rule 6500-series field definitions (loan terms, rate, collateral type, counterparty).",
        "scope_note": "Field-level structural validator only -- schema-validates report records against the FINRA Rule 6500-series field spec. This is explicitly NOT a full SLATE conformance engine: no cross-record consistency check, no regulatory-timeliness check. Validate-never-transmit: this tool never calls fetch, never calls an RNSA, and never simulates submission -- readiness is not submission.",
        "compliance_date_note": "SEC exemptive order (2025-12-03), issued after the Fifth Circuit remand-without-vacatur in NAPFM v. SEC (2025-08-25), sets the Rule 10c-1a reporting compliance date at 2028-09-28 -- verify against a then-current SEC.gov release before relying on this date."
      },
      "compliance_flags": [
        "ALL_REPORTS_STRUCTURALLY_VALID"
      ],
      "golden_hash": "ccfe0fab133f947ba3ca3f3e4e21cf26f6bca0c50cd9ce3b9b13eb67ef23dd17"
    },
    {
      "name": "single_valid_rebate_securities",
      "description": "One structurally valid record using the REBATE / SECURITIES / MODIFICATION enum branch.",
      "policy_parameters": {
        "reports": [
          {
            "loan_id": "LOAN-1002",
            "effective_date": "2026-08-02",
            "rate_type": "REBATE",
            "rate": -1.5,
            "collateral_type": "SECURITIES",
            "collateral_value": 250000,
            "counterparty_id": "CPTY-12",
            "security_identifier": "US0378331005",
            "quantity": 12000,
            "loan_type": "MODIFICATION"
          }
        ]
      },
      "output_payload": {
        "reports_checked": 1,
        "reports_valid": 1,
        "violations": [],
        "field_spec_version": "finra-rule-6540-6500-series-field-spec-2026.1",
        "regulatory_basis": "FINRA Rule 6540 (Securities Lending and Transparency Engine reporting, implementing SEC Rule 10c-1a); Rule 6500-series field definitions (loan terms, rate, collateral type, counterparty).",
        "scope_note": "Field-level structural validator only -- schema-validates report records against the FINRA Rule 6500-series field spec. This is explicitly NOT a full SLATE conformance engine: no cross-record consistency check, no regulatory-timeliness check. Validate-never-transmit: this tool never calls fetch, never calls an RNSA, and never simulates submission -- readiness is not submission.",
        "compliance_date_note": "SEC exemptive order (2025-12-03), issued after the Fifth Circuit remand-without-vacatur in NAPFM v. SEC (2025-08-25), sets the Rule 10c-1a reporting compliance date at 2028-09-28 -- verify against a then-current SEC.gov release before relying on this date."
      },
      "compliance_flags": [
        "ALL_REPORTS_STRUCTURALLY_VALID"
      ],
      "golden_hash": "5584c5dfa1fdf116ce08bf551d1731088451170bbaa3f8f2d5f0a2bc92b7c2c5"
    },
    {
      "name": "two_records_violations",
      "description": "Two structurally invalid records: one missing required fields with a negative quantity, one with bad enum values and a malformed security_identifier.",
      "policy_parameters": {
        "reports": [
          {
            "loan_id": "LOAN-1003",
            "rate_type": "FLAT",
            "rate": 3,
            "collateral_type": "CASH",
            "counterparty_id": "CPTY-1",
            "quantity": -10,
            "loan_type": "NEW"
          },
          {
            "loan_id": "LOAN-1004",
            "effective_date": "2026-08-03",
            "rate_type": "VARIABLE",
            "rate": 2,
            "collateral_type": "GOLD",
            "collateral_value": 500,
            "counterparty_id": "CPTY-2",
            "security_identifier": "AB",
            "quantity": 100,
            "loan_type": "ROLLOVER"
          }
        ]
      },
      "output_payload": {
        "reports_checked": 2,
        "reports_valid": 0,
        "violations": [
          {
            "index": 0,
            "structurally_valid": false,
            "missing_fields": [
              "effective_date",
              "security_identifier"
            ],
            "type_errors": [
              "quantity must be a positive number"
            ]
          },
          {
            "index": 1,
            "structurally_valid": false,
            "missing_fields": [],
            "type_errors": [
              "rate_type must be one of: FLAT, REBATE",
              "collateral_type must be one of: CASH, SECURITIES, LETTER_OF_CREDIT",
              "loan_type must be one of: NEW, MODIFICATION, TERMINATION",
              "security_identifier must be a 6-12 character alphanumeric string (CUSIP/ISIN-shaped)"
            ]
          }
        ],
        "field_spec_version": "finra-rule-6540-6500-series-field-spec-2026.1",
        "regulatory_basis": "FINRA Rule 6540 (Securities Lending and Transparency Engine reporting, implementing SEC Rule 10c-1a); Rule 6500-series field definitions (loan terms, rate, collateral type, counterparty).",
        "scope_note": "Field-level structural validator only -- schema-validates report records against the FINRA Rule 6500-series field spec. This is explicitly NOT a full SLATE conformance engine: no cross-record consistency check, no regulatory-timeliness check. Validate-never-transmit: this tool never calls fetch, never calls an RNSA, and never simulates submission -- readiness is not submission.",
        "compliance_date_note": "SEC exemptive order (2025-12-03), issued after the Fifth Circuit remand-without-vacatur in NAPFM v. SEC (2025-08-25), sets the Rule 10c-1a reporting compliance date at 2028-09-28 -- verify against a then-current SEC.gov release before relying on this date."
      },
      "compliance_flags": [
        "STRUCTURAL_VIOLATIONS_FOUND"
      ],
      "golden_hash": "fe681647bcac02a7ebdfdb838ee8c1d1fc7863f72c797449165daa58059e247c"
    },
    {
      "name": "zero_reports_edge",
      "description": "Empty reports array. Finite gate: resolves to zero-checked, never throws.",
      "policy_parameters": {
        "reports": []
      },
      "output_payload": {
        "reports_checked": 0,
        "reports_valid": 0,
        "violations": [],
        "field_spec_version": "finra-rule-6540-6500-series-field-spec-2026.1",
        "regulatory_basis": "FINRA Rule 6540 (Securities Lending and Transparency Engine reporting, implementing SEC Rule 10c-1a); Rule 6500-series field definitions (loan terms, rate, collateral type, counterparty).",
        "scope_note": "Field-level structural validator only -- schema-validates report records against the FINRA Rule 6500-series field spec. This is explicitly NOT a full SLATE conformance engine: no cross-record consistency check, no regulatory-timeliness check. Validate-never-transmit: this tool never calls fetch, never calls an RNSA, and never simulates submission -- readiness is not submission.",
        "compliance_date_note": "SEC exemptive order (2025-12-03), issued after the Fifth Circuit remand-without-vacatur in NAPFM v. SEC (2025-08-25), sets the Rule 10c-1a reporting compliance date at 2028-09-28 -- verify against a then-current SEC.gov release before relying on this date."
      },
      "compliance_flags": [
        "NO_REPORTS_SUPPLIED"
      ],
      "golden_hash": "94744fc331d453b00ad529d8db2b8ea8ba230f730e2c7cdad07917aa2b90360c"
    },
    {
      "name": "unparseable_date_and_bad_collateral_value",
      "description": "Unparseable effective_date and a negative collateral_value. Finite gate: resolves to explicit type_errors, never NaN or a thrown error.",
      "policy_parameters": {
        "reports": [
          {
            "loan_id": "LOAN-1005",
            "effective_date": "not-a-date",
            "rate_type": "FLAT",
            "rate": 1,
            "collateral_type": "CASH",
            "collateral_value": -500,
            "counterparty_id": "CPTY-9",
            "security_identifier": "037833100",
            "quantity": 10,
            "loan_type": "NEW"
          }
        ]
      },
      "output_payload": {
        "reports_checked": 1,
        "reports_valid": 0,
        "violations": [
          {
            "index": 0,
            "structurally_valid": false,
            "missing_fields": [],
            "type_errors": [
              "collateral_value must be a non-negative number",
              "effective_date must be a parseable ISO-8601 date string"
            ]
          }
        ],
        "field_spec_version": "finra-rule-6540-6500-series-field-spec-2026.1",
        "regulatory_basis": "FINRA Rule 6540 (Securities Lending and Transparency Engine reporting, implementing SEC Rule 10c-1a); Rule 6500-series field definitions (loan terms, rate, collateral type, counterparty).",
        "scope_note": "Field-level structural validator only -- schema-validates report records against the FINRA Rule 6500-series field spec. This is explicitly NOT a full SLATE conformance engine: no cross-record consistency check, no regulatory-timeliness check. Validate-never-transmit: this tool never calls fetch, never calls an RNSA, and never simulates submission -- readiness is not submission.",
        "compliance_date_note": "SEC exemptive order (2025-12-03), issued after the Fifth Circuit remand-without-vacatur in NAPFM v. SEC (2025-08-25), sets the Rule 10c-1a reporting compliance date at 2028-09-28 -- verify against a then-current SEC.gov release before relying on this date."
      },
      "compliance_flags": [
        "STRUCTURAL_VIOLATIONS_FOUND"
      ],
      "golden_hash": "d91cdd63fedc27cb84718fa5dce1854178b5f280626651dada01a98aa384c9ef"
    }
  ]
}