Regulatory Notice 10-07

SEC Approves Amendments to FINRA Rules on Reporting Cancellations of Previously Reported OTC Trades in Equity Securities

Effective Date: April 12, 2010

Effective Monday, April 12, 2010, firms are no longer prohibited from reporting trade cancellations to the FINRA/NASDAQ Trade Reporting Facility and the OTC Reporting Facility after 5:15 p.m. Eastern Time on trade date, as described more fully in this Notice. Firms are reminded that they must report the cancellation of any previously reported over-the-counter transaction in an equity security to FINRA, in accordance with FINRA trade reporting rules.

The text of the amendments is available at

Questions regarding this Notice may be directed to:

  • FINRA Operations at (866) 776-0800; or
  • The Office of General Counsel at (202) 728-8071.