Letters

SIA Submits Comments to the SEC on a Proposal Relating to the NASD Corporate Bond Trade Reporting Facility

Summary

The Fixed Income Transparency Subcommittee of the Securities Industry Association (SIA)* provides comments to the Securities and Exchange Commission (SEC) on amendments relating to the National Association of Securities Dealers, Inc. (NASD) Corporate Bond Trade Reporting Facility, File No. SR-NASD-99-65.  SIA addresses the new and revised elements of the NASD filing and urges an alignment of Trade Reporting and Compliance Engine (TRACE) with the timetable for implementation of the industry’s preferred model for post-trade processing across all markets.

SIA’s T+1 Streetside Fixed Income Working Group provided additional comments on the proposal.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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