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.
As a part of its comprehensive review of swap data reporting regulations, the CFTC approved a proposal intended to improve "the quality of swap data" and the swap data repository operations and governance.
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 issued a notice informing member firms that the fee rate for certain securities transactions on exchanges and in the OTC markets will increase from $13 to $20.70 per million dollars in transactions.
A broker-dealer agreed to settle FINRA charges for neglecting to report transactions in TRACE-eligible securities and failing to mark order tickets for securities transactions as "solicited" or "unsolicited."