The Financial Industry Regulatory Authority (FINRA) issued a press release announcing its intention to propose a significant expansion of its Trade Compliance and Reporting Engine (TRACE) requirements. Currently, TRACE reports real-time pricing and trade volume information only on corporate bonds trading in the secondary market. The proposal would expand the categories of TRACE-reportable bonds to include debt issued by federal government agencies, government corporations and government-sponsored enterprises. In addition, the proposal would require the reporting of primary market transactions in new issues. FINRA stated that its TRACE expansion proposal is expected to be published in the near future.