Proposed Rule Change to Amend FINRA Rule 6730 (Transaction Reporting) to Enhance TRACE Reporting Obligations for U.S. Treasury Securities
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 6730 to: (i) require members to report electronically executed transactions in U.S. Treasury Securities to FINRA’s Trade Reporting and Compliance Engine (“TRACE”) in the finest increment captured by the system used to execute the transaction, subject to an exception for members with limited trading volume in U.S. Treasury Securities; and (ii) reduce the trade reporting timeframe for transactions in U.S. Treasury Securities to generally require reporting to TRACE as soon as practicable but no later than 60 minutes.
|Title||Format - Size||Status|
|Text of the Proposed Rule Change||PDF - 4.73 MB|
|Federal Register Notice||PDF - 560.64 KB|
|Notice of Designation of a Longer Period for Commission Action||PDF - 113.81 KB|
|Response to Comments||PDF - 525.97 KB|
|Approval Order||PDF - 389.64 KB|