News & Insights

Help
27 News Results

FINRA proposed amending its protocols to (i) require the dissemination of transactions in collateralized mortgage obligations and (ii) shorten the trade-reporting timeline for CMO transactions from end-of-day to within sixty minutes of execution.

The Office of Investor Education and Advocacy provided information for investors about non-traded REITs. In the bulletin, a real estate investment trust ("REIT") is defined as a company that owns and typically operates income-producing real estate or real estate-related assets. Most REITs specialize in a single type of real estate, such as apartment communities. The bulletin includes a list of risks to consider before investing in REITs, such as a lack of liquidity and high fees. It also includes a comparison chart of REIT types.

Using the Trade Reporting and Compliance Engine ("TRACE"), FINRA will begin to disseminate information for so-called specified pool transactions in agency pass-through MBS issued by Fannie Mae, Freddie Mac, and Ginnie Mae, as well as in securities backed by loans guaranteed by the Small Business Administration ("SBA"). TRACE will disseminate transactional information such as the time of the trade, price, and volume. Furthermore, FINRA has also made information available on historic transactions in agency pass-through MBS and SBA-Backed asset-backed securities ("ABS") traded in specified pool