The National Association of Securities Dealers has adopted rule changes extending the closing time of the NASD/NYSE Trade Reporting Facility (NASD/NYSE TRF), which provides NASD members with a mechanism for reporting locked-in, off-exchange transactions in exchange-listed securities, from 6:30 p.m. to 8:00 p.m. Eastern Time. The extended closing time conforms with the system closing time of the NASD/Nasdaq Trade Reporting Facility, which also was extended to 8:00 p.m. in late 2006.