Trade Reporting Notice – 9/23/11

Trade Reporting Transactions in OTC Equity Securities and Restricted Equity Securities

Executive Summary

FINRA is issuing this Notice to remind firms that over-the-counter (OTC) trades in OTC Equity Securities and trades in Restricted Equity Securities under Securities Act Rule 144A must be reported to FINRA in accordance with FINRA trade reporting rules. If a firm executes a trade in a security for which there is no valid OTC symbol, the firm must obtain a symbol so it can fulfill its trade reporting obligations.


Questions regarding this Notice should be directed to:

  • Legal Section, Market Regulation, at (240) 386-5126;
  • FINRA Operations, at (866) 776-0800; or
  • Office of General Counsel, at (202) 728-8071.