The SEC granted a request from various securities exchanges to provide limited exemptive relief from timestamp granularity requirements under the National Market System Plan Governing the Consolidated Audit Trail.
CFTC Commissioner Dawn D. Stump outlined "common sense" fixes on position limits, swap execution facilities, the treatment of non-U.S. central counterparty clearing, a cross-border swaps rule and the implementation of initial margin for uncleared swaps.
FINRA filed a proposed rule change that would provide a temporary exemption to allow member alternative trading systems and their subscribers to report aggregate trade information to TRACE regarding certain U.S. Treasury Securities transactions.
The SEC Division of Trading and Markets granted an exemption to several exchanges from certain provisions of the plan to implement a Tick Size Pilot Program. The provisions address, among other things, the collection and publication of Pilot Program data.