X

SEC Releases Notice Soliciting Comments on Immediately Effective FINRA Rule Change Relating to TRACE Fees

The SEC is soliciting comments on an immediately effective rule change amending FINRA Rule 7730 ("Trade Reporting and Compliance Engine"). The rule change would:

  1. provide for Trade Reporting and Compliance Engine ("TRACE") data fees for real-time and historic data sets of transactions in TRACE-Eligible Securities that are effected pursuant to Securities Act Rule 144A ("Private Resales of Securities to Institutions");
  2. clarify Level II Full Service Web Browser fee rates in light of the availability of additional data sets; and
  3. make other technical amendments.

See: SEC Notice.See also: Text of Proposed Rule Change and Exhibit 5.Related News: "FINRA Proposed Rule Change Relating to TRACE Fees" (October 2, 2013).

Tags

Regulated Activities
Trade Reporting Regulatory Fees
Sub-Activity
TRACE
Regulated Entities
Broker-Dealers
Regulated Products
Debt
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
SEC