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19 May 2017

FINRA Proposes Faster Release Of Historic Trading Data

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FINRA proposed changing Rule 7730 (Trade Reporting and Compliance Engine ("TRACE")) to reduce the delay period for its transaction-level data set offering from 18 months to 6 months.
United States Corporate/Commercial Law
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FINRA proposed changing Rule 7730 (Trade Reporting and Compliance Engine ("TRACE")) to reduce the delay period for its transaction-level data set offering from 18 months to 6 months. FINRA states that the proposal would increase the utility of "historic" TRACE data of corporate and agency debt securities for market participants.

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