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SR-NASD-2004-057 |
Proposed Amendment to Reduce The Reporting Period for Transactions in TRACE-Eligible Securities
NASD has filed with the SEC a proposed rule change to amend NASD Rule 6230(a) to reduce the period to report a transaction in a TRACE-eligible debt security in two stages: (i) from 45 to 30 minutes in stage one, and (ii) subsequently, from 30 to 15 minutes in stage two. Rule 6230 is one of the Trade Reporting and Compliance Engine (“TRACE”) rules.
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| Text of Proposed Rule Change PDF 57 KB |
| Federal Register Notice PDF 32 KB |
| Extension Letter and Response to Comments PDF 28 KB |
| Approval Order PDF 27 KB |
