Regulatory Notice 14-34

SEC Approves Amendments to Disseminate Additional Asset-Backed Securities Transactions and to Reduce the Reporting Time for Such Transactions

Effective Date: April 27, 2015 [3/3/15: extended to June 1, 2015]

 

Executive Summary

The SEC approved amendments to the Trade Reporting and Compliance Engine (TRACE) rules and dissemination protocols to provide for dissemination of transactions in an additional group of asset-backed securities and to reduce the time frame for reporting such transactions, other than Fixed or List Price and Takedown Transactions. Transactions in asset-backed securities effected pursuant to Securities Act Rule 144A (Rule 144A transactions) also will be disseminated. The amendments will become effective on April 27, 2015.

 

The amended rule text is available at www.finra.org/notices/14-34.

 

Questions regarding this Notice should be directed to:

  • Ola Persson, Vice President, Transparency Services, at (212) 858-4796; or
  • Racquel Russell, Associate General Counsel, Office of General Counsel, at (202) 728-8363.

 

Note: On March 3, 2015, FINRA extended the effective date from April 27, 2015, to June 1, 2015.