Regulatory Notice 15-41

SEC Approves Amendments to Require Firms to Report Transactions in TRACE-Eligible Securities As Soon As Practicable

Effective Date: November 30, 2015

Executive Summary

The SEC approved amendments to the Trade Reporting and Compliance Engine (TRACE) rules to codify that firms are required to report transactions in TRACE-eligible securities that are subject to dissemination as soon as practicable following the time of execution of the transaction. The amendment will become effective on November 30, 2015.

The amended rule text is available in the online FINRA Manual.

Questions regarding this Notice should be directed to:

  • Patrick Geraghty, Vice President, Market Regulation, at (240) 386-4973; or
  • Racquel Russell, Associate General Counsel, Office of General Counsel, at (202) 728-8363.