Ruling of the Committee:
Where securities are physically separate instruments, transferable independently of one another, and not subject to any legal or technical condition which requires that they be kept together, good practice requires that they be quoted and dealt in separately and not as units. Where, for some special reason, members enter into a contract calling for a group of securities
All capital acquisition brokers are subject to FINRA Rule 2010.
Adopted by SR-FINRA-2015-054 eff. April 14, 2017.
Selected Notice: 16-37.
This data provides trade activity for corporate and agency bonds for up to 10 years. Access up to three years real-time trade history per individual security. Corporate and agency bonds are investor loans to corporations or government-sponsored enterprises other than U.S. Treasury. Learn more about corporate and agency bonds and other bond types.Fixed income data is compiled
Data Definitions for Treasury Securities Trade Activity. Data fieldDefinitionAggregate Indicator Aggregate Indicator field identifies if a transaction is eligible for the Treasury aggregate statisticsY - Aggregate EligibleN - Not eligible for the Aggregates As Of IndicatorThis field will be populated if the transaction being reported is an As/Of trade, Reversal, Cancel
The following charges shall be paid by participants for the use of the Trade Reporting and Compliance Engine ("TRACE"):System FeesTransaction Reporting FeesData FeesLevel I Trade Report Only Web Browser Access — $20/month per user IDLevel II Full Service Web Browser Access — Subscription for a single user ID or the first user ID — $50/month (includes one Data Set); $80/month (includes
Real-time trade activity for Collateralized Mortgage Obligation (CMO) Securities below one million. Since the fixed income market is less liquid than most markets for stocks, there may be no trade activity in a security for a period of time. See Weekly CMO Files and Monthly CMO Files for data CMO quantity over one million
This data provides comprehensive information on mortgage-backed securities (MBSs) that traded within the past 10 years. Access up to three years real-time trade history and seven years end-of-day trade history per security. Trade history represents mortgage securities with similar characteristics, i.e., reference data ID (RDID). An MBS provides issuers with monthly payments from a pool
A member, in the conduct of its business, shall observe high standards of commercial honor and just and equitable principles of trade.Cross References–1122, Filing of Misleading Information as to Membership or Registration2111, Suitability2121.01, Mark-Up Policy2342, "Breakpoint" Sales5130, Restrictions on the Purchase and Sale of Initial Equity Public Offerings5210, Publication of
The Reg NMS Trade Through Report Card is a monthly statistical report detailing the transactions in NMS Securities that appear to have been reported by your firm to a Trade Reporting Facility ("TRF") or to FINRA's Alternative Display Facility at a price that traded through at least one protected best bid or offer at the respective time of execution. If non-compliance with the Order
Investors take risks of all types based on their own assessments. Regulators have no business deciding how this assessment should be carried out since it's a personal decision. Only the investor can make this decision based on their own knowledge and wisdom of market behavior and how each investment tool functions. This is another step to limiting investment options for the little guy
