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Monday, 08/31/2015 7:18:33 PM

Monday, August 31, 2015 7:18:33 PM

Post# of 220996
Market makers balking at FINRA's proposed new rule requiring increased disclosure of trades on the OTC

"The Securities Industry and Financial Markets Association (“SIFMA”) submits this letter to comment on the above-referenced proposal by the Financial Industry Regulatory Authority (“FINRA”). Under the proposal, FINRA would publish the equity volume executed over-the-counter (“OTC”), including that from non-ATS electronic trading systems and internalized trades which could enable reverse engineering of those trades if they are published within two weeks." (my emphasis)

"In particular, the current proposal would include disclosure of large institutional trades done OTC"

http://www.sec.gov/comments/sr-finra-2015-020/finra2015020-2.pdf

The proposed rule
http://www.sec.gov/rules/sro/finra/2015/34-75356.pdf

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.

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