SR-FINRA-2019-022
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 5130 (Restrictions on the Purchase and Sale of Initial Equity Public Offerings) and FINRA Rule 5131 (New Issue Allocations and Distributions) to exempt additional persons from the scope of the rules, modify current exemptions to enhance regulatory consistency, address unintended operational impediments and exempt certain types of offerings from the scope of the rules.
Technical NoticeATS Transparency Data Quarterly Stats File Format Conversion
July 22, 2019
By end of business on Monday, August 19, 2019, FINRA will convert the 2014 (Q2) through 2018 (Q1) ATS Transparency Data quarterly tables to the .xlsx format in Excel. Quarterly files from Q2 2018 onward are already posted in the .xlsx format.
If you have any questions, please contact FINRA Business Services.
Regulatory Notice 19-25
Summary
FINRA requests comment on a proposal to expand TRACE reporting requirements to collect information on trades in foreign sovereign debt securities that are U.S. dollar-denominated. Issuance activity in these debt securities has accelerated in recent years and FINRA believes the proposal would provide important regulatory information on an increasingly active segment of the market. Under the proposal, trades in U.S. dollar-denominated foreign sovereign debt securities would be subject to same-day reporting and would not be disseminated publicly.
Technical NoticeReminder – Final Weekend Testing Opportunity - NYSE Pillar Migration - July 20
July 01, 2019
NYSE is providing the final weekend testing opportunity with OATS support for the NYSE Tape A Pillar Technology Migration on July 20, 2019.
Election Notice – 7/19/19
Executive Summary
FINRA will conduct its Annual Meeting of firms on Monday, August 19, 2019, at 9:00 a.m. Eastern Time in the FINRA Visitors Center at 1735 K Street, NW, in Washington, D.C. The purpose of the meeting is to elect individuals to fill one small firm seat and one large firm seat on the FINRA Board of Governors (FINRA Board).1
Technical NoticeTRAQS Connections
April 16, 2019
FINRA has observed a small number of TRACE and ORF clients experiencing difficulties with their connections to the TRAQS website. FINRA is currently researching the problem.
TRAQS clients with questions regarding this issue should contact FINRA Market Operations at (866) 776-0800.
Trade Reporting Notice – 7/19/19
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.
Technical NoticeTRACE MBS Dissemination Issue
July 08, 2019
For July 8, 2019, transactions disseminated for the below listed 57 Freddie Mac-issued mortgage-backed securities traded in specified pool transactions (MBS transactions) do not reflect the most recent reference data element updates provided by Freddie Mac on Saturday, July 6 2019. Consequently, the dissemination ID (RDID) used for MBS transactions in the below listed securities reflect reference data information as of July 5, 2019, as currently in the TRACE Issue Master.