SIFMA provided comments to the Financial Industry Regulatory Authority (FINRA) and Municipal Securities Rulemaking Board (MSRB) on their academic data proposals. These proposals create new Real-time Transaction Reporting System and Trade Reporting and Compliance Engine Academic Data Products that would include anonymized dealer identifiers. The RTRS and TRACE Academic Data Products would be made available only to institutions of higher education and would include the same transactions included in the current historical transaction data sets.

See also:

FINRA Regulatory Notice 15-26

MSRB Regulatory Notice 2015-10

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