FINRA Rule 6730

SEC Approves FINRA Amendments to TRACE Reporting Requirements

On November 21, the SEC approved amendments to FINRA Rule 6730 regarding member firms’ reporting obligations for transactions in TRACE-eligible securities (other than ABS). The amendments were made in connection with the consolidation of all TRACE-eligible securities transaction processing and data management on FINRA’s new multi product platform. The rule amendments will be effective on February 6, 2012. FINRA Release. FINRA Amended Rule.