Regulatory Notice 11-20

SEC Approves Amendments to Transaction Reporting and Trading Activity Fee Rules Related to the Reporting of Asset-Backed Securities Transactions

Effective Date: May 16, 2011

The SEC approved proposed amendments to transaction reporting and notification requirements in the FINRA Rule 6700 Series (TRACE rules) and reporting fees in FINRA Rule 7730, which relate primarily to Asset-Backed Securities, and the method of calculating the Trading Activity Fee (TAF) for such securities in Schedule A of the FINRA By-Laws.

The effective date is May 16, 2011. The amended text of Schedule A of the FINRA By-Laws and the rules is set forth at

Questions regarding this Notice should be directed to:

  • Brant Brown, Associate General Counsel, Office of General Counsel (OGC), at (202) 728-6927 (regarding TAF);
  • Patrick Geraghty, Director, Market Regulation, at (240) 386-4973;
  • Elliot R. Levine, Associate Vice President and Counsel, Transparency Services, at (202) 728-8405; or
  • Sharon Zackula, Associate Vice President and Associate General Counsel, OGC, at (202) 728-8985.

Related Documents: 

DateTitleFormat - Size
Attachment A to Regulatory Notice 11-20PDF - 56.99 KB