FINRA proposed amendments to requirements for Firm Designated IDs under the Consolidated Audit Trail compliance rule, in order to be consistent with recent amendments approved by the SEC.
ISDA published its first "Risk Free Rates Adoption Monthly Indicator." The new report tracks how much trading activity is being conducted "in cleared over-the-counter and exchange-traded interest rate derivatives that reference the identified risk-free rates in six major currencies."
A broker-dealer settled FINRA charges for failing to (i) transmit required reportable order events to the Order Audit Trail System and (ii) include complete and accurate information in required quarterly reports.
FINRA requested comment on proposed amendments to FINRA Rule 6730 that would require firms to identify corporate bond trades (i) where the trade price is based on a delayed Treasury spot trade, which is one that "was priced earlier in the day based on the spread to a U.S. Treasury Security" and (ii) that are within a larger portfolio trade.
FINRA proposed amendments to Consolidated Audit Trail NMS plan rules to add consistency for certain NMS Plan exemptions and "to facilitate the retirement of certain existing regulatory systems."
A broker-dealer agreed to pay $250,000 to settle various FINRA reporting violations, including failing to disclose its sales compensations on preferred securities transactions to customers.
NFA extended relief previously provided to futures commission merchants / introducing brokers, swap dealers and forex dealer members from certain recordkeeping requirements.
The SEC granted conditional relief from certain Consolidated Audit Trail reporting requirements requested by FINRA and the national securities exchanges.
The CFTC's Division of Swap Dealer and Intermediary Oversight and Division of Market Oversight extended relief previously provided to registrants due to compliance challenges caused by COVID-19.
SIFMA urged the SEC to prohibit self-regulatory organizations from bulk downloading retail customers' personally identifiable information from the Consolidated Audit Trail.
FINRA and the national securities exchanges participating in the National Market System Plan Governing the Consolidated Audit Trail amended a previous request to the SEC for exemptive relief from certain reporting requirements.
At an SEC Fixed Income Market Structure Advisory Committee meeting, SEC Chair Jay Clayton and Commissioners Elad L. Roisman and Hester M. Peirce addressed issuers concerning rating agencies, bond pricing, trade transparency and internal fund crosses.
The SEC amendments to facilitate the implementation of the Consolidated Audit Trail and impose public transparency and financial accountability requirements were published in the Federal Register.
The SEC adopted amendments to facilitate the implementation of the Consolidated Audit Trail. The amendments impose public transparency and financial accountability requirements.
A broker-dealer settled FINRA charges for inaccurately reporting to the Trade Reporting and Compliance Engine the capacity in which it acted in executing reportable transactions.
