FINRA Extends Pilot Program on Clearly Erroneous Transactions

A FINRA extension of its pilot program on clearly erroneous transactions to July 20, 2022 became immediately effective on April 6, 2022. Comments may still be submitted until May 6, 2022.

As previously covered, the proposed rule change is a renewal of FINRA Rule 11892, which oversees the pilot program on "clearly erroneous transactions" in exchange-listed securities.