Trade Reporting Notice 8/1/13

Frequently Asked Questions Regarding TRACE Reporting

Executive Summary

FINRA addresses several trade reporting issues in connection with reporting transactions in TRACE-eligible securities to the Trade Reporting and Compliance Engine (TRACE) system. This Notice addresses the following topics:

  • split-volume reporting;
  • reporting investment adviser-directed transactions;
  • reporting Securities Act Regulation S transactions;
  • transfers establishing the underwriting syndicate;
  • firm commitments prior to final pricing;
  • transfers facilitating settlement; and
  • reporting collateralized mortgage obligations.

 

Questions concerning this Notice should be directed to:

  • TRACE Feedback;
  • Patrick Geraghty, Vice President, Market Regulation, at (240) 386-4973;
  • Elliot Levine, Associate Vice President and Counsel, TRACE, at (202) 728-8405; or
  • Sharon Zackula, Associate Vice President and Associate General Counsel, Office of General Counsel, at (202) 728-8985.