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Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Approving a Proposed Rule Change To Amend the FINRA Rule 6700 Series (Trade Reporting and Compliance Engine) (TRACE) To Expand the Scope of the Non-Member Affiliate-Principal Transaction Indicator to Also Include Member Affiliates
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Federal Register Documents published on or after 08/24/2025
The proposed rule change was published for comment in the Federal Register on May 6, 2026.
[ ] On June 10, 2026, pursuant to Section 19(b)(2) of the Exchange Act,[ ] the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change.
[ ]To effectuate this change, FINRA proposes to modify several existing rules in its rulebook, including FINRA Rule 6710 (Definitions), FINRA Rule 6730 (Transaction Reporting), and FINRA Rule 6750 (Dissemination of Transaction Information).
In conjunction with this change, FINRA proposes to update references to “non-member affiliate” to “Affiliate” in existing FINRA Rule 6370, Supplementary Material .02, and FINRA Rule 6750(d)(1).
Discussion and Commission FindingsAfter carefully reviewing the proposed rule change and the comment letters received, the Commission finds that the proposed rule change is consistent with the requirements of the Exchange Act and the rules and regulations thereunder applicable to a national securities association.