April 8, 2022

FINRA Proposes to Further Extend Pilot Program on Clearly Erroneous Transactions

FINRA proposed extending a pilot program that governs the review of "clearly erroneous transactions" in exchange-listed securities ("FINRA Rule 11892").

The pilot has been extended several times. The expiration is now set for July 20, 2022.

Comments on the extension must be submitted within 21 days of the proposal's publication in the Federal Register.

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