SEC Solicits Comment on Proposed Data Collection Requirements for Tick Size Pilot Program (Fed. Reg.)

The SEC requested comment on FINRA's proposed rule amendments to allow it to gather information in connection with the Tick Size Pilot Program. More specifically, FINRA's proposal to adopt FINRA Rule 6191(b) ("Compliance with Regulation NMS Plan to Implement a Tick Size Pilot Program") and to amend FINRA Rule 7440 ("Recording of Order Information") was published for comment in the Federal Register.

Separately, FINRA published for comment in the Federal Register its proposal to adopt FINRA Rule 6191(a) to implement the quoting and trading requirements of the Regulation NMS Plan to Implement a Tick Size Pilot Program. See the link below for the Cabinet's previous coverage on the requirements of proposed FINRA Rule 6191(a).

Comments are due on both FINRA notices by December 16, 2015.