On September 10th, the SEC provided notice of the National Securities Clearing Corporation's filing of a proposal modifying NSCC's rules and procedures regarding the creation of a Universal Trade Capture application and an automated Special Representative facility. The proposed rule change will amend NSCC's rules to accommodate the UTC application, which will standardize, streamline, consolidate, and modernize NSCC's existing legacy trade capture applications (specifically, with respect to trade recording applications within NSCC's Trade Comparison and Recording Operation) to create a more efficient and centralized process. The UTC application will accept and process a common input record from all marketplaces and will provide for receipt and reporting of data in both real-time and intraday-batch submissions to and from members and SROs. Comments should be submitted within 21 days after publication in the Federal Register, which is expected during the week of September 20. SEC Release No. 34-62882.