FINRA Proposed Rule Change Relating to TRACE Fees

FINRA filed with the SEC a proposed rule change amending FINRA Rule 7730 ("Trade Reporting and Compliance Engine"). The proposed rule change would:

• provide for Trade Reporting and Compliance Engine ("TRACE") data fees for real-time and historic data sets of transactions in TRACE-Eligible Securities that are effected pursuant to Securities Act Rule 144A ("Private Resales of Securities to Institutions")
• clarify Level II Full Service Web Browser fee rates in light of the availability of additional data sets; and
• make other technical amendments.

See: Text of Proposed Rule Change.