FINRA Notice 13-35: SEC Approves FINRA Amendments to TRACE Rules and Dissemination Protocols

The SEC approved amendments to FINRA Rule 6750 ("Dissemination of Transaction Information") and TRACE dissemination protocols that provide for the dissemination of transactions in TRACE-eligible securities that are affected pursuant to Securities Act Rule 144A ("Private Resales of Securities to Institutions"). In addition, the SEC approved amendments to FINRA Rule 7730 to establish real-time and historic data sets for Rule 144A transactions. In a related rule filing, FINRA amended Rule 7730 to establish the fees for Rule 144A real-time and historic data at the same rates currently in effect for similar data sets.

See: FINRA Regulatory Notice 13-35; Amended Rule Text.Related news: SEC Releases Notice Soliciting Comments on Immediately Effective FINRA Rule Change Relating to TRACE Fees (October 17, 2013).