TRACE Working Group

The next call for the TRACE Working Group will be on Thursday May 9 at 1 pm ET. The Working Group will review a draft FIF comment letter on two SEC Orders: the April 22 SEC Order requesting additional comments in response to the January 11, 2024 FINRA rule filing (SR-FINRA-2024-004) to reduce to one minute the TRACE reporting timeframe for securities that are currently subject to a 15-minute reporting timeframe; and the April 22 SEC Order requesting additional comments in response to the January 12, 2024 MSRB rule filing (SR-MSRB-2024-01) to reduce the reporting timeframe for municipal bonds from 15 minutes to one minute.