6610. General

(a) Members are required to report transactions (other than transactions executed on or through an exchange) in OTC Equity Securities, including secondary market transactions in non-exchange-listed Direct Participation Program securities, and Restricted Equity Securities to the OTC Reporting Facility in compliance with the Rule 6600 and 7300 Series, as well as all other applicable rules and regulations.
(b) Trading

6550. Emergency Authority

As market conditions may warrant, in consultation with the SEC, FINRA may suspend the reporting or dissemination of certain Covered Securities Loans, or the reporting of certain Data Elements or Confidential Data Elements or the dissemination of certain Data Elements for such period of time as FINRA deems necessary.
Adopted by SR-FINRA-2024-007 eff. Sept. 28, 2026.

6520. Participation in SLATE

(a) Mandatory Participation

(1) Pursuant to SEA Rule 10c-1a, participation in SLATE is mandatory for purposes of reporting Covered Securities Loans. Such mandatory participation obligates a Covered Person to submit Covered Securities Loan information to SLATE in conformity with SEA Rule 10c-1a and the FINRA Rule 6500 Series.

(2) Participation in SLATE shall be conditioned upon the SLATE Participant’s initial and continuing compliance with the following requirements:

6510. Definitions

.content .message-list li:nth-child(2){ display:none; }

For the purposes of this Rule 6500 Series, the following terms have the following meaning:

(a) “Confidential Data Element” means an item of information that a Covered Person must report under SEA Rule 10c-1a(e) and FINRA Rule 6530(a)(2)(M) through (U).

Subscribe to