Notice to Members 01-18
SEC Approves Rules to Require Fixed Income Transaction Reporting and Dissemination
On January 23, 2001, the Securities and Exchange Commission (SEC) approved proposed rules that will require National Association of Securities Dealers, Inc. (NASD® or Association) members to report secondary market transactions in eligible fixed income securities to the NASD and subject certain transaction reports to dissemination.
The TRACE rules will become effective 180 days following the NASD's publication of the TRACE technical specifications for members.
Questions concerning this Notice may be directed to Justin Tubiolo, Vice President, Fixed Income Department, NASD, at 212-858-4419, or by e-mail, or Sharon K. Zackula, Assistant General Counsel, Office of General Counsel, NASD Regulation, Inc., at (202) 728-8985, or by e-mail.