SEC Approves Amendments to Fee Rules Related to Asset-Backed Securities Transactions The SEC approved proposed amendments to transaction reporting and notification requirements in the FINRA Rule 6700 Series (TRACE rules) and reporting fees in FINRA Rule 7730, which relate primarily to Asset-Backed Securities, and the method of calculating the Trading Activity Fee (TAF) for such securities. Some Topics Covered: -Amends TRACE Rules -Required ABS transactions to be reported to TRACE -Adding the FINRA Information eXchange (FIX) for reporting transactions Effective Date: May 16, 2011 View Full Notice PDF 141 KB (4 pages) |
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