United States:
FINRA Proposes Fee For Academic Corporate Bond TRACE Data Product
09 November 2016
by
Cadwalader, Wickersham & Taft LLP
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FINRA proposed amending
FINRA Rule 7730 to establish a data fee of $500 per calendar
year (with a single set-up fee of $500) for the
new Academic Corporate Bond TRACE Data Product. The new TRACE
product provides data on historic transactions in corporate bonds
to institutions of higher education. The effective date for the new
fee will be the same as the effective date of the Academic
Corporate Bond TRACE Data product.
Commentary / Steven Lofchie
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