FINRA Proposes Rule Change to Update Industry Member Data Reporting Under SEC Regulation SHO

Summary

The Financial Industry Regulatory Authority (FINRA) has filed a proposed rule change to amend FINRA Rule 6830, which pertains to industry member data reporting, specifically regarding the Bona Fide Market Making exception under SEC Regulation SHO. The proposed rule change aims to update the existing rule to align with the SEC's regulations.