FINRA Legal Agreements
In an effort to simplify the administration of and to streamline participants’ access to FINRA’s equities and fixed income transparency facilities, FINRA’s existing participant agreements have been consolidated into one agreement, called the FINRA Transparency Services Participation Agreement (FPA). Beginning March 22, 2011, all access to and use of FINRA’s transparency services facilities will be governed by the FPA rather than the individual participant agreements. Pursuant to the terms of the individual participation agreements, posting of the FPA serves as notice of this change and all participants who access one or more of the facilities following its posting will be deemed to have agreed to and accepted the FPA. No substantive legal or business changes were made during the consolidation of agreements.
Participation Agreement
- Instructions for completing the FINRA Transparency Services Participation Agreement and Supplements
- FINRA Transparency Services Participation Agreement – Version 1.0 (PDF 178 KB)
- Note: Firms that choose to change their give-up relationships must also submit a completed Uniform Service Agreement.
- Note: Firms that choose to change their give-up relationships must also submit a completed Uniform Service Agreement.
Release Forms
- TRACE Order Form (Firm Gateway) - Please allow 2 business days for processing
- TRACE Security Administrator Update Form (PDF 27 KB)
Underwriters – 6760 Information
Underwriters must submit a TRACE New Issue Form in order to comply with Rule 6760. This form contains all the pertinent information required to submit new issues.
Should you have any questions, please contact FINRA Operations at (866) 776-0800 or by email to FINRA Operations.
All documents are available as Portable Document Format (PDF) files, except the current TRACE Order and Trace New Issue Forms, from the links above. If you do not have Adobe Acrobat Reader to view PDF files, or have the need to access the old Order or New Issue Forms, please download the free plug-in. PDF items will open in a new browser window.