FINRA Proposes Rule Change Regarding the Submission of ''Clearing-Only, Non-Regulatory Reports'' (Fed. Reg.)

FINRA's proposed amendments to rules governing the reporting of over-the-counter transactions in equity securities to FINRA "Facilities" (including the Alternative Display Facility and Trade Reporting Facilities) were published in the Federal Register. The proposal will allow the submission of "clearing-only, non-regulatory reports" relating to previously executed and reported transactions and will exempt such reports from certain reporting requirements under FINRA rules.

Comments on the proposal should be submitted by October 27, 2015.