SEC Commissioner Elad L. Roisman urged financial regulators to consider the benefits of applying certain elements of current oversight of the equity markets to the market for U.S. government securities.
FINRA increased margin requirements for exchange-traded notes and options in order to address the complexity of these products, as well as confirming that exchange-traded notes and options on them are not allowed for portfolio margining.
FINRA's proposal amending rules on Transaction Reporting of TRACE-Eligible Securities, to extend the reporting period and adopt a new modifier to identify certain transactions, was published in the Federal Register.
FINRA proposed to amend reporting rules to give members more time to report TRACE transactions that are "executed to hedge a primary market transaction" and to adopt identifiers for these transactions.
FINRA proposed a rule change granting temporary relief to member alternative trading systems and ATS subscribers as they transition to disaggregated reporting for certain transactions in U.S. Treasury securities.