NASD Notice to Members 05-05 - January 2005

NASD Eliminates the TRACE Bond Transaction Data Service (BTDS) Non-Professional Real-Time Data Display Fee and the BTDS Professional Delayed-Time Data Display Fee Pilot Program

Executive Summary

NASD has amended Rule 7010(k) to eliminate the Bond Transaction Data Service (BTDS) Non-Professional Real-Time Data Display Fee, relating to Transaction Reporting and Compliance Engine (TRACE)transaction data, and a second TRACE data fee, the BTDS Professional Delayed-Time Data Display Fee pilot program. Rule7010(k), as amended, is set forth in Attachment A.

 

The effective date of the elimination of the BTDS Non-Professional Real-Time Data Display Fee is February 7, 2005. The effective date of the termination of the BTDS Professional Delayed-Time Data Display Fee pilot program is June 1, 2005.

 

Questions concerning this Notice should be directed to TRACE feedback; Elliot Levine, Chief Counsel, Market Operations, Markets, Services and Information, at (202) 728-8405; or Sharon K. Zackula, Associate General Counsel, Office of General Counsel, Regulatory Policy and Oversight, at (202) 728-8985.