FINRA adopted amendments to disseminate individual transactions in active U.S. Treasury securities at the end of the day.
News & Insights
FINRA adopted a new rule to require that broker-dealers file their order routing reports with FINRA to facilitate public dissemination of the information.
FINRA fined a muni dealer for MSRB Rule violations including (i) failing to timely cancel or close out inter-dealer municipal securities transactions after settlement; (ii) failing "to take prompt steps to obtain physical possession or control of 247 short positions resulting from failed inter-dealer municipal securities transactions;" and (iii) related supervisory violations.
The SEC approved FINRA rule amendments to accelerate the reporting on TRACE of transaction information in the market for certain U.S. Treasury Securities.
The MSRB set a comment deadline of February 26, 2024 on proposal to shorten the time allowed for post-trade reporting. The proposal was published in the Federal Register.