FINRA's proposal to amend Rule 6730 ("Transaction Reporting of TRACE-Eligible Securities") to extend the reporting period and adopt a new modifier to identify certain transactions was published in the Federal Register. Comments on the proposal must be submitted by May 21, 2019.
As previously covered, the proposal would (i) give members more time to report TRACE transactions that are executed in order to hedge new offerings of corporate bonds and (ii) adopt identifiers for these transactions.
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