Regulatory Notice 12-56

SEC Approves Amendments to TRACE Rules and Dissemination Protocols to Disseminate Specified Pool Transactions and SBA-Backed ABS Transactions and to Reduce the Time to Report Such Transactions

 

Effective Date: July 22, 2013

Executive Summary

The SEC approved amendments to FINRA Rule 6700 Series and TRACE dissemination protocols that provide for the dissemination of transactions that are agency pass-through mortgage-backed securities traded in specified pool transactions and asset-backed securities backed by loans guaranteed as to principal and interest by the Small Business Administration (SBA-backed ABS) and traded in specified pool transactions or to be announced (TBA), and reduce the time to report such transactions. The effective date is July 22, 2013.

 

The amended rule text is available at www.finra.org/notices/12-56.

 

Questions regarding this Notice may be directed to:

  • Elliot 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.