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FIF Submits Letter to FINRA, the MSRB and the Federal Reserve Board on TRACE and RTRS Reporting

On November 20, FIF submitted a letter to FINRA, the MSRB and the Federal Reserve Board on the  recent FINRA and MSRB rule changes to require one-minute reporting to TRACE and RTRS, subject to exceptions for manual activity and firms with limited trading activity. FIF would like to thank the members of the TRACE Working Group for their contributions in the drafting of this letter.

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