On December 12th, the SEC provided notice of the Financial Industry Regulatory Authority's filing of a proposed rule change to require members to report the Factor to TRACE in Asset-Backed Security transactions (except an Asset-Backed Security traded TBA), in the limited instances when members effect such transactions as agent and charge a commission. Comments should be submitted within 21 days after publication in the Federal Register, which is expected during the week of December 17. SEC Release No. 34-68414.
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Additional TRACE reporting requirement proposed
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