The T+1 Streetside Fixed Income Working Group, a sub-group of the Securities Industry Association (SIA)* T+1 Streetside Committee, provides comments to the Securities and Exchange Commission (SEC) on proposed amendments to the National Association of Securities Dealers, Inc. (NASD) Corporate Bond Trade Reporting Facility, File No. SR-NASD-99-65.  The working group supports the comments filed by SIA in a separate correspondence and share concerns about bifrucated systems efforts, submission of clearance information and optional comparison discussed in SIA’s comments.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.