FINRA Proposal for Enhancements to TRACE Reporting for Treasuries

On December 23, 2020, FINRA issued a request for comment on Enhancements to TRACE Reporting for U.S. Treasury Securities. The proposed changes could require significant changes to trade execution and reporting systems for U.S. Treasuries as well as trading and reporting workflow changes. FIF has scheduled a call for the FIF TRACE Working Group for Tuesday January 12 to discuss the rule proposal.