MSRB Updates Electronic Form for Reporting Trade (Regulatory Notice 2013-05)

The MSRB has updated the electronic form required in connection with reporting transactions in municipal securities to the MSRB's Real-Time Transaction Reporting System ("RTRS"). The implementation date for the use of revised Form RTRS will be April 15, 2013. On and after that date, brokers, dealers and municipal securities dealers ("dealers") submitting new information or changes to previously submitted information will be required to use revised Form RTRS.

According to the notice, no action is required for dealers that are not submitting new information or changes, and data contained within existing Form RTRS submissions will be migrated to the revised form by the MSRB.

See: MSRB Updates Electronic Form for Reporting Trades (links externally to MSRB website).