The FINRA Test Facility (NTF) for the OTC Reporting Facility (ORF) will be unavailable for testing all day Friday August 5, 2022, Thursday, August 11, 2022, and Friday, August 12, 2022. All other FINRA services, including TRACE and the ADF will be available for testing during this timeframe. The ORF test facility will conduct normal operations on August 8-10 and again beginning on August 15, 2022
I don't agree that there should be restrictions on leveraged and inverse funds. I believe that individuals who invest in these are savvy enough to understand the risks. Restricting access to these investment vehicles would actually discriminate and hurt individuals more than it would help. Thank you for your consideration.
Summary
FINRA has received an increasing number of reports regarding registered representatives and associated persons (representatives) forging or falsifying customer signatures, and in some cases signatures of colleagues or supervisors, through third-party digital signature platforms. Firms have, for example, identified signature issues involving a wide range of forms, including account
This rule would be almost impossible to adhere to for those in market making roles as the time it takes to book trades can take over 1 minute. If market makers need to pause trading responsibilities to book trades within the 1 minute time limit, this would actually cause bond markets to be less efficient.
FINRA experienced an issue yesterday with the processing of its OTC Transparency Data, thereby causing a publication delay for the week of July 11, 2022 (Tier 1), June 27, 2022 (Tier 2), June 2022 Monthly Non-ATS data, and June 2022 Block data on the OTC Transparency Data website.
The week of July 11, 2022 (Tier 1), the week of June 27, 2022 (Tier 2) and June Block data were posted after close
For 20 years, FINRA’s Trade Reporting and Compliance Engine, known as TRACE, has contributed to reduced trade execution costs, facilitated price formation, aided regulatory programs and protected investors, as detailed in a recent blog commemorating this milestone anniversary. As an economist, I’d argue TRACE’s impact extends. For me, some of the real impact is in the research it has enabled.
FINRA experienced an issue this morning with the processing of its OTC Transparency Data, thereby causing a publication delay for the week of July 11, 2022 (Tier 1), June 27, 2022 (Tier 2), June 2022 Monthly Non-ATS data, and June 2022 Block data on the OTC Transparency Data website. FINRA is working on resolving the issue and will provide an update once it is resolved.
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Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to April 24, 2023, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA- 2015-036, other than the amendments pursuant to SR-FINRA-2015-036 that were implemented on December 15,
As announced by the Board of the Federal Reserve System in the Federal Register on October 28, 2021, FINRA will collect detailed data on depository institutions' daily transactions of marketable U.S. Treasury securities and of the debt and MBS issued by U.S. federal government agencies including government-sponsored enterprises (agencies) via its Trade Reporting and Compliance Engine (TRACE
