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.
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