Regulatory Notice 14-47
FINRA Requests Comment on a Proposal to Tighten Business Clock Synchronization Requirements
FINRA is soliciting comment on a proposal to reduce the synchronization tolerance for computer clocks. The current clock synchronization requirements allow for a tolerance of one second from the National Institute of Standards and Technology (NIST) atomic clock. Under the proposal, the tolerance for computer clocks would be reduced to 50 milliseconds. The tolerance for mechanical time stamping devices would remain at one second.
The proposed rule text is set forth in Attachment A.
Questions regarding this Notice should be directed to:
- Shelly Bohlin, Vice President, Quality of Markets, at (240) 386-5029;
- Lisa Horrigan, Associate General Counsel, Office of General Counsel (OGC), at (202) 728-8190; or
- Alex Ellenberg, Assistant General Counsel, OGC, at (202) 728-8152.
|Date||Commenter||Format - Size|
|1/5/2015||Crews & Associates, Inc.||PDF - 171.16 KB|
|1/7/2015||FSMLabs||PDF - 1.43 MB|
|1/9/2015||Quincy Data, LLC||PDF - 601.2 KB|
|1/14/2015||Equity Trading Principal||PDF - 76.78 KB|
|2/12/2015||IEX Services LLC||PDF - 850.43 KB|
|2/20/2015||Financial Information Forum||PDF - 1.01 MB|
|2/20/2015||Sync-n-Scale||PDF - 27.84 KB|
|2/20/2015||KOR Group LLC||PDF - 487.05 KB|