Notice 16 Jul 2025 sec, securities regulation, finra, market transparency, otc trades, reporting hours

⏰FINRA Proposes Rule Change to Extend Trade Reporting Hours

The Financial Industry Regulatory Authority (FINRA) proposes to amend its rules to extend the operating hours of its Trade Reporting Facilities from 8 a.m. to 4 a.m. Eastern Time. This change aims to facilitate real-time reporting and public dissemination of OTC trades in National Market System stocks executed during early morning hours, enhancing market transparency.

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