Federal Register: SEC Requests Comment on FINRA Proposal to Modify Fees and Transaction Credits for FINRA/NYSE Trade Reporting Facility

The SEC requested comments on a FINRA proposal to amend the FINRA Rule 7600B Series to modify fees and transaction credits applicable to members who use the FINRA/NYSE Trade Reporting Facility (the "FINRA/NYSE TRF"). The proposal is intended to provide additional revenue to FINRA/NYSE TRF in order to help offset increased regulatory costs, as well as increased functionality and development costs, that are associated with FINRA/NYSE TRF's growth in the market share.

Comments on the immediately effective proposal must be submitted by November 2, 2016.