The SEC extended consideration of a proposed rule change to shorten the time allowed for post-trade reporting of debt securities. The date to approve or disapprove the proposed rule was extended to April 24, 2024.
News & Insights
In comments in response to FINRA's and MSRB's proposal to shorten the time allowed for post-trade reporting in debt securities, SIFMA recommended that FINRA and MSRB reconsider if a one-minute trade reporting requirement is appropriate for fixed income markets.
In response to proposed rule changes to reduce trade reporting time frames, the Financial Information Forum and the Investment Company Institute recommended that FINRA and MSRB provide additional exceptions to the application of any reduced reporting times.
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.
The MSRB set a comment deadline of February 16, 2024 on a proposal to shorten the time allowed for post-trade reporting for Municipal Securities. The MSRB proposal was published in the Federal Register.