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SEC Release (FINRA Rulemaking) The SEC declared immediately effective a FINRA proposal to extend a pilot program that does not require TRACE reporting of transactions in TRACE-eligible securities executed on an NYSE facility and reported to the NYSE under NYSE rules. The pilot is extended through July 8, 2011. Date January 7, 2011 Cross References (links may require a Cabinet subscription) SEC Release 34-63673

SEC Release (FINRA Rulemaking) The SEC declared immediately effective a FINRA provide members until Feb. 28, 2011 to report certain TRACE transactions that recently became subject to the reporting rules. The extension applies to trades effected between 3/1/2010 and 11/30/2010 in securities not identified by a CUSIP. Document Number SR-FINRA-2011-011 SEC Release 34-63709 Date January 12, 2011 Cross References (links may require a Cabinet subscription) FINRA Rule 6700 Series

SEC Release No. 34-64084 (SR-FINRA-2011-012) March 16, 2011 The SEC published a FINRA proposal to amend the FINRA Rule 6700 and 7730 series to make a series of technical and conforming changes relating to the reporting of asset-backed securities. Among other things, the rule change would (i) consolidate reporting requirements for ABS transactions executed off-hours; (ii) simplify settlement reporting for ABS transactions; (iii) add alternative reporting rules for ABS transactions that are pre-issuance SMO/REMIC transactions; and (iv) clarify firms' obligations to report information to FINRA

FINRA RN 11-20 May 2, 2011 FINRA published a regulatory notice to announce that May 16, 2011 will be the effective date of amendments to the FINRA rules that subject asset-backed securities, mortgage-backed securities, and other similar securities to trade reporting through TRACE and the fees associated with it. Cross References FINRA Rule 6700 Series (TRACE Rules) FINRA Rule 7730 SEC Release No. 34-64364 (approving rule amendments) SEC Release No. 34-64041 (approving fee amendments) SEC Release No. 34-61566 (approving rule changes subjecting ABS to TRACE)

FINRA Reg. Notice 12-26 The SEC approved amendments to FINRA Rule 6700 Series and TRACE dissemination protocols regarding the reporting and dissemination of transactions in TRACE-eligible securities that are agency pass-through mortgage-backed securities that are traded to be announced (TBA). In addition, the SEC approved amendments to FINRA Rule 7730 regarding TRACE fees to provide for data fees for TBA transaction data. The amendments also include the deletion of the reference to an expired pilot program and minor technical changes. Effective Date : November 5, 2012 Cross References