Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: US Treasury securities

FINRA Requests Comment on Rules Applicable to Government Securities

Posted in Broker-Dealer
The Financial Industry Regulatory Authority (FINRA) is requesting comment on the applicability of various FINRA rules to government securities. After undertaking a review of its rulebook, FINRA has identified several rules that currently exclude or do not clearly apply to US Treasury securities or other government securities. FINRA has determined that the application of these… Continue Reading

SEC Approves FINRA’s TRACE Amendments for US Treasury Securities

Posted in Broker-Dealer
The Securities and Exchange Commission has approved the Financial Industry Regulatory Authority’s amendments to its Trade Reporting and Compliance Engine (TRACE) rules to provide for reporting of transactions in “US Treasury securities,” which includes all securities issued by the US Treasury Department, with the exception of savings bonds. As a consequence, the TRACE reporting requirements… Continue Reading

FINRA Proposes To Require Members To Report Transactions in US Treasury Securities to TRACE

Posted in Broker-Dealer
On July 19, the Financial Industry Regulatory Authority filed a proposed rule change with the Securities and Exchange Commission to amend its Trade Reporting and Compliance Engine (TRACE) reporting rules to require the reporting of transactions in all US Treasury Securities other than US savings bonds. This proposal would include transactions in US Treasury bills,… Continue Reading

FINRA Issues Notice on the Application of the Mark-Up Rule to Exempted Government Securities Transactions

Posted in Broker-Dealer
The Financial Industry Regulatory Authority released Regulatory Notice 16-03, which discusses the Securities and Exchange Commission’s approval of amendments to FINRA Rule 0150 (Application of Rules to Exempted Securities Except Municipal Securities). The amendments codify the application of FINRA Rule 2121 (Fair Prices and Commissions) and its Supplementary Material .01 and .02 (the “mark-up rule”)… Continue Reading