BDA Submits Comment Letter to the SEC on FINRA Proposed Rule Change Relating to TRACE Reporting in Agency Specified Pool Securities

Today, the BDA submitted comments to the SEC on FINRA Proposed Rule Change Relating to TRACE Reporting and Dissemination of Transactions in Agency Pass-Through Mortgage-Backed Securities Traded in Specified Pool Transactions.

In the letter, BDA expressed concern with the proposed rule and suggested an alternative solution.

For the full comment letter, click [here.]

The FINRA Notice can be found [here.]

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