Skip to Primary Navigation

Guidance Note 1 – FINRA Rule 6730

Graphic map outlining the world with GRIP Guidance Note spelled out.
Graphic: GRIP/Yvonne Hsu

Late reporting to TRACE.

Description of issue

Transaction reporting under TRACE must happen as soon as practicable, but no later than within 15 minutes of the time of execution.

Firms often struggle in this area and FINRA is likely to discipline if it uncovers late reporting.

Considerations for compliance

Things that you should consider looking

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience