The SEC approved an MSRB proposal, as modified by Amendment No. 1, to provide academic institutions with post-trade municipal securities transaction data collected through the MSRB Real-Time Transaction Reporting System ("RTRS Academic Data Product"). The final rule was published in the Federal Register.
The SEC approved the proposal on an accelerated basis. The MSRB will announce the effective date of the RTRS Academic Data Product in a regulatory notice to be published no later than December 12, 2016, and the effective date will be no later than June 9, 2017. Interested persons may submit comments regarding Amendment No. 1 by October 11, 2016.
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