Comments on a FINRA proposal to require TRACE reporting of transactions in U.S. dollar-denominated foreign sovereign debt securities must be submitted by June 7, 2022.
FINRA proposed to require TRACE reporting of transactions in U.S. dollar-denominated foreign sovereign debt securities.
SEC Chair Gary Gensler previewed current and future agency efforts to further regulate the "$50 trillion-plus U.S. bond markets." Mr. Gensler asserted that the fixed income markets need (i) greater transparency, (ii) additional rules for electronic platforms and (iii) to increase financial resiliency.
FINRA requested comment on a proposal to expand the alternative trading system volume data published on the FINRA website to include transactions in corporate bonds and agency debt securities.