Trade Reporting Notice 3/25/13

Reporting Reversals of OTC Trades in Equity Securities

Effective Date: July 29, 2013

Executive Summary

Effective Monday, June 3, 2013, FINRA is modifying the protocol for reporting reversals of over-the-counter trades in equity securities for firms that use the FINRA/Nasdaq Trade Reporting Facility, OTC Reporting Facility and Alternative Display Facility.

 

Questions regarding this Notice may be directed to:

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

 

In light of industry comments, FINRA has extended the effective date of this Notice from June 3, 2013, to July 29, 2013.