TRACE/Fixed Income Working Group

The FIF TRACE/Fixed Income Working Group will meet today, June 21, 2022 at 2 pm ET, to review a draft comment letter on the recent rule filing by FINRA with the SEC (SR-FINRA-2022-013) to require reporting of transactions in U.S. Treasuries as soon as practicable, but no later than one hour after execution, and to require that electronic executions in U.S. Treasuries be reported to TRACE using the same time increment as recorded by the execution system for the transaction. Time permitting, the Working Group also will review draft questions for FINRA relating to TRACE reporting by Covered Depository Institutions and reporting the portfolio trade modifier.