On Jul. 25, 2025, SEC published designation of longer period in the federal register.
On Jun. 10, FINRA proposed amendments to transaction reporting.
FINRA proposed amendments on transaction reporting for TRACE-eligible securities.
Aims to maintain current 15-minute limit, provide streamlined reporting alternative.
Amends FINRA Rule 6730 related to transaction reporting, reporting timeframe.
Proposed Amendments
Amendments maintain the currently effective 15-minute outer limit timeframe for the reporting TRACE-eligible securities, and removing the references to one minute.
Streamlines alternative for reporting, dissemination in connection with allocations of aggregate order in a TRACE-eligible security to multiple managed customer accounts.
Consultation
Comments must be sent within 21 days from pending publication in federal register.
Jun. 16, 2025 SEC Proposal
On Jun. 16, 2025, SEC issued notice of FINRA proposal for 21-day comment period.
Jun. 2025 Fed Reg Notice of Filing
On Jun. 20, 2025, SEC published notice in federal register, comments by Jul. 11, 2025.
Jul. 22, 2025 SEC Longer Period
On Jul. 22, 2025, SEC designated longer period to take action, until Sep. 18, 2025.
Jul. 25, 2025 SEC Fed Reg Longer Period
On Jul. 25, 2025, SEC published designation of longer period in the federal register.
