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FINRA Proposes Rule Change Relating to Reporting and Market Participant Identifier Requirements for ATSs

FINRA filed proposed amendments to multiple FINRA Rules with the SEC in order to revise the reporting and market participant identifier ("MPID") requirements applicable to alternative trading systems ("ATSs").

The amendments would revise FINRA Rule 4552 ("Alternative Trading Systems - Trading Information for Securities Executed within the Alternative Trading System"), Rule 6160 ("Multiple MPIDs for Trade Reporting Facility Participants"), Rule 6170 ("Primary and Additional MPIDs for Alternative Display Facility Participants"), Rule 6480 ("Multiple MPIDs for Quoting and Trading in OTC Equity Securities") and Rule 6720 ("Participation in TRACE").

See: Text of the Proposed Rule Change.

Tags

Regulated Activities
Trading
Sub-Activity
Participant Identifiers, Quotations in OTC Equities, Regulation ATS
Regulated Entities
Broker-Dealers Markets
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
FINRA