Amendments to the MSRB’s Real-Time Transaction Reporting System (RTRS) would require dealers to indicate trades executed on an alternative trading system and trades involving non-transaction based compensation arrangements, among other changes. You can find our final letter here.
The BDA’s letter includes discussion on the following:
- Support for increased transparency
- Concern regarding additional associated reporting costs
- Request for nine-month testing period
Additionally, other relevant BDA letters on this topic can be found below:
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