TRACE Working Group

The next call for the TRACE Working Group will be on Thursday September 8 at 10 am ET. The Working Group will continue its review of a draft FIF comment letter on FINRA Regulatory Notice 22-17 and MSRB Notice 2022-07. These regulatory notices propose to reduce to one minute the timeframe for reporting trades in corporate, agency and muni bonds. The Working Group also will review draft FIF members questions for FINRA relating to TRACE reporting for Covered Depository Institutions and TRACE reporting of foreign sovereign bonds. The Working Group also will discuss FINRA’s consideration of a requirement for the reporting of quotes in fixed income securities.