A broker-dealer settled charges with FINRA for reporting transactions to the Trade Reporting and Compliance Engine without the required "No Remuneration" indicator.
The SEC granted exemptive relief to broker-dealers from requirements on the publication of quotations for fixed-income securities sold in compliance with rules on private resales of securities to institutions.
SEC Commissioner Caroline A. Crenshaw described potential risks to investors and the economy associated with the Broadly Syndicated Loan market.
A firm settled charges with FINRA for inaccurately reporting 600,000 transactions to the Trade Reporting and Compliance Engine due to its failure to include a "No Remuneration" indicator.
FINRA will sponsor a production User Acceptance Test on September 9, 2023 for firms required to report transactions on TRACE involving foreign sovereign debt securities.