Regulatory Notice 08-43

SEC Approves Expanding Disseminated Real-Time TRACE Data; Effective Date: November 3, 2008

Executive Summary

On November 3, 2008, FINRA will begin to publicly disseminate additional data elements for corporate bond transactions that are reported to TRACE. The additional data elements indicate whether a transaction is an interdealer transaction or a transaction with a customer and, if a customer transaction, whether the broker-dealer is on the buy or the sell side. Questions regarding this Notice may be directed to:

 

• Patrick S. Geraghty, Director, Fixed Income, Market Regulation at (240) 386-4973;
• Elliot R. Levine, Associate Vice President and Counsel, Transparency Services, at (202) 728-8405; or
• Sharon Zackula, Associate Vice President and Associate General Counsel, Office of General Counsel, at (202) 728-8985.