July 25, 2022

FINRA Extends Pilot Program on Clearly Erroneous Transactions

FINRA extended its pilot program on clearly erroneous transactions until October 20, 2022. The extension became effective on July 19, 2022. The Notice was published in the Federal Register.

The extension renews temporary amendments to FINRA Rule 11892 ("Clearly Erroneous Transactions in Exchange-Listed Securities"). The rule oversees the pilot program on "clearly erroneous transactions" in exchange-listed securities.