Proposed Rule Change to Amend TRACE Reporting Rules Relating to Transfers of TRACE-Eligible Securities (FINRA release)

FINRA filed with the SEC a proposed rule change to amend FINRA Rule 6730(e) to expressly exclude from the Trade Reporting and Compliance Engine ("TRACE") trade reporting requirements transfers of TRACE Eligible Securities for the sole purpose of creating or redeeming instruments such as exchange-traded funds ("ETFs").

View release in full here(links externally to FINRA website).