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Proposed Rule Change To Amend the FINRA Rule 6700 Series and the TRACE Dissemination Protocols to Provide for the Dissemination of CMO Transactions

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the FINRA Rule 6700 Series and the Trade Reporting and Compliance Engine (“TRACE”) dissemination protocols to provide for dissemination of transactions in an additional type of Securitized Products – specifically, collateralized mortgage obligations (“CMOs”). In addition, FINRA is proposing a corresponding change to Rule 6730 to reduce the reporting period for CMOs from end-of-day to 60 minutes, and also to amend Rule 6730 to simplify the reporting requirements for transactions in CMOs executed prior to issuance. FINRA further proposes technical and conforming changes to the FINRA Rule 6700 Series and Rule 7730 in connection with the changes referenced above.

Title Format - Size Status
Text of the Proposed Rule Change PDF - 2.17 MB
Federal Register Notice PDF - 272.17 KB
Extension No. 1 PDF - 62.92 KB
Extension No. 2 PDF - 62.58 KB
Response to Comments PDF - 80.27 KB
Approval Order PDF - 208.98 KB