MSRB Regulatory Notice: Update on Effectiveness of Changes to Transaction Reporting Requirements

The MSRB published this notice to update dealers on a recent development related to an upcoming change to the MSRB's Real-Time Transaction Reporting System ("RTRS") that is scheduled to become effective on November 5, 2012. As a result of disruptions experienced by some market participants due to Hurricane Sandy, the MSRB has updated plans for implementing the change that requires brokers, dealers and municipal securities dealers to report for inter-dealer transactions -- in addition to the information currently reported -- the contractual dollar price at which the transaction was executed.

Click here to view notice in full (links externally to MSRB website).