Notice to Members 03-22
Dissemination of Additional Corporate Debt Securities Will Begin on April 14, 2003
On January 31, 2003, the Securities and Exchange Commission (SEC or Commission) approved an amendment to Rule 6250 of the Trade Reporting and Compliance Engine (TRACE) Rules, the Rule 6200 Series, to require dissemination of transaction information on 90 Investment Grade securities that are rated "Baa/BBB." Rule 6250(a)(4), as approved on January 31, required NASD to select the 90 bonds. During the selection process, NASD determined that if an incremental, additional number of "Baa/BBB" bonds were disseminated, the quality of information NASD would collect would improve substantially. On March 17, 2003, NASD filed an amendment to Rule 6250(a)(4) to allow NASD to select up to 120 bonds rated "Baa/BBB" for dissemination. The proposed increase was effective upon filing with the SEC.
NASD has identified the 120 "Baa/BBB" TRACE-eligible securities for which transaction information will be disseminated, and will implement dissemination on April 14, 2003, at 8:00 a.m., Eastern Time.
Questions concerning this Notice should be emailed to TRACE Feedback; Justin Tubiolo, Vice President, Fixed Income, Regulatory Services and Operations, at (212) 858-4419; Elliot Levine, Chief Counsel, Market Operations, Regulatory Services and Operations, at (212) 858-4174; or Sharon K. Zackula, Assistant General Counsel, Office of General Counsel, Regulatory Policy and Oversight, at (202) 728-8985.
|Date||Title||Format - Size|
|11/21/2015||Notice to Members 2003 - List of 120 Triple-B-Rated Corporate Bonds||PDF - 29.11 KB|