Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: NMS Stock

FINRA Issues Regulatory Notice Reminding Member Firms about CAT Reporting Deadlines

Posted in Broker-Dealer
On May 21, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 19-19 (Notice), which reminds applicable member firms that they must register with FINRA CAT, LLC (FINRA CAT) on or before June 27 for purposes of reporting to the Consolidated Audit Trail (CAT). This reporting requirement relates to 1) member firms or national securities… Continue Reading

SEC Proposes Rules to Enhance Transparency and Oversight of Alternative Trading Systems

Posted in Broker-Dealer
On November 18, the Securities and Exchange Commission proposed a rule to enhance operational transparency and regulatory oversight of alternative trading systems (ATSs) that trade stocks listed on a national securities exchange (NMS stocks), including “dark pools.” If adopted, the rule would require NMS Stock ATSs to publicly disclose, on new Form  ATS-N, detailed information about… Continue Reading