On June 3rd, FINRA reminded firms of their obligation to submit to FINRA on the Form T Equity Trade Reporting Form, as soon as practicable, last sale reports of over-the-counter transactions in equity securities for which electronic submission is not possible. In addition, FINRA announced a new process for the electronic submission of Form T. Firms are required to submit Form T in accordance with this new process no later than July 5, 2011. FINRA Trade Reporting Notice.