United States:
FINRA To Publish Additional OTC Equity Trading Volume Data
24 September 2019
Cadwalader, Wickersham & Taft LLP
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FINRA adopted amendments to Rules 6110 ("Trading Otherwise than on an
Exchange") and 6610 ("General") that will expand the
summary firm data FINRA publishes on its website regarding OTC
equity trading. The rule amendments will become effective on
November 4, 2019.
As
previously covered, FINRA will publish monthly block trading
statistics for trades in National Market System stocks occurring
outside of an alternative trading system ("ATS") on the
same terms as currently released ATS block trading statistics.
Primary Sources
- FINRA Regulatory Notice 19-29: OTC Equity Trading
Volume
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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