📊MSRB Proposes Changes to Municipal Securities Reporting Rules
The proposed rule change by the Municipal Securities Rulemaking Board (MSRB) aims to amend the reporting requirements of municipal securities transactions. Notably, it reinstates the 15-minute reporting timeframe while retaining the “as soon as practicable” requirement, addressing compliance and operational burdens associated with previous amendments.
Learn More⚖️Nasdaq Automation Rule Change for Trade Reporting Compliance
The Nasdaq Stock Market LLC has proposed a new rule to automate the resubmission of rejected trade reports through its WorkX platform. This enhancement aims to streamline the reporting process, improve operational efficiency, and ensure compliance with SEC regulations, ultimately fostering market integrity and protecting investors.
Learn More📈Proposed Amendments to MSRB Rule G-14 on Trade Reporting
The Securities and Exchange Commission discusses a proposed rule change by the Municipal Securities Rulemaking Board that modifies the reporting timeframe for transactions in municipal securities. The changes include reverting the reporting deadline to 15 minutes and promoting timely reporting "as soon as practicable," aiming to enhance market transparency and minimize compliance burdens for dealers.
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