The Securities and Exchange Commission approved amended rules proposed by the Financial Industry Regulatory Authority to require quicker reporting of so-called “TRACE”-eligible securities by firms required to report transactions. Under TRACE—FINRA’s trade reporting and compliance engine—broker-dealers must report transactions in certain fixed income securities within certain time frames (typically 15 minutes; click here for precise time frames). This information is then generally made available to the public. Under the new FINRA rules approved by the SEC, firms must report transactions in TRACE-eligible securities subject to public disclosure “as soon as practicable.” FINRA’s new rules are effective November 30, 2015.