National Association of Securities Dealers, Inc. Filing Proposed Rule Change on TRACE-Eligible Security and Trade Reporting Exemption

Summary

The National Association of Securities Dealers, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend the definition of 'TRACE-Eligible Security' and grant an exemption to trade reporting for certain transactions. The proposed rule change aims to update the existing regulations governing the trading of securities subject to the TRACE system.