Trade Reporting Notice – 7/19/19

FINRA Reminds Firms of Their Obligations Regarding TRACE Reporting

Summary

FINRA is issuing this Notice to remind members of their obligation to have systems or processes in place to determine whether a transaction in a TRACE-Eligible Security has occurred and is, therefore, reportable, even if it was not included on the TRACE security master list at the time of the transaction. In those circumstances, members should contact Market Operations to add the TRACE-Eligible Security to the security master list and report the transaction to TRACE.

  • For questions on how to set up a TRACE-Eligible Security or report a security to TRACE, contact Market Operations at (866) 776-0800.
  • For legal and interpretive questions, contact Racquel Russell, Associate General Counsel, Office of General Counsel, at (202) 728-8363.