On October 23rd, the SEC approved the Financial Industry Regulatory Authority's proposal relating to post-trade transparency for agency pass-through mortgage-backed securities transactions and SBA-backed asset-backed securities transactions. The proposal amends the FINRA Rule 6700 Series and Trade Reporting and Compliance Engine ("TRACE") dissemination protocols regarding the reporting and dissemination of transactions in TRACE-Eligible Securities that are: (1) Agency Pass-Through Mortgage-Backed Securities traded in Specified Pool Transactions and (2) Asset-Backed Securities backed by loans guaranteed as to principal and interest by the Small Business Administration and traded either in Specified Pool Transactions or to be announced. SEC Release No. 34-68084. See also Bloomberg.