FINRA-Proposed Rule Change on the Implementation Date of Market Participant Identifier Requirements for ATSs Published (Fed. Reg.)

The FINRA-proposed rule change regarding the implementation date for market participant identifier requirements for Alternative Trading Systems ("ATSs") was published in the Federal Register.

FINRA proposed to postpone the implementation date to February 2, 2015, at which time ATSs will be required to use unique market participant identifiers when reporting order and trade information to FINRA. While the rule change was filed for immediate effectiveness, comments can be submitted until November 7, 2014.

See: 79 FR 62500; FINRA Rule Filing.
Related news: FINRA May Delay Implementation Date of Market Participant Identifier Requirements for ATSs (October 3, 2014).