Proposed Rule Change Relating to Dissemination of Agency-Pass Through Mortgage-Backed Securities and SBA-Backed ABS Traded in Specified Pool Transactions

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Trade Reporting and Compliance Engine (“TRACE”) dissemination protocols to provide a limited exception to dissemination requirements for certain Agency Pass-Through Mortgage Backed-Securities (“MBS”) and Asset-Backed Securities (“ABS”) backed by loans guaranteed as to principal and interest by the Small Business Administration (“SBA-Backed ABS”) traded in Specified Pool Transactions (collectively, “MBS and SBA-Backed ABS Specified Pool Transactions”) that are reported late and to clarify that FINRA will disseminate an MBS or SBA-Backed ABS Specified Pool Transaction in instances where some but not all of the data elements are available and input in the TRACE System when the transaction is reported.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 99.93 KB
Notice of Filing and Immediate EffectivenessPDF - 230.09 KB