On January 27th, FINRA advised that, effective April 12th, 2010, firms are no longer prohibited from reporting trade cancellations to the FINRA/NASDAQ Trade Reporting Facility and the OTC Reporting Facility after 5:15 p.m. Eastern Time on trade date. Firms must still report the cancellation of any previously reported over-the-counter transaction in an equity security to FINRA, in accordance with FINRA trade reporting rules; however firms will now be permitted to submit cancellation reports on trade date until the close of the FINRA/NASDAQ Trade Reporting Facility and the OTC Reporting Facility at 8 p.m. Eastern Time. FINRA also made certain changes to the requirements applicable to reporting trade cancellations to the Alternative Display Facility to conform to the rules relating to the other FINRA trade reporting facilities. FINRA Regulatory Notice 10-07.