In a letter filed with FINRA today, the FIA Principal Traders Group (FIA PTG) supported proposed enhancements to TRACE reporting for US Treasury Securities. FIA PTG emphasized their support for reducing the reporting timeline requirements and urged FINRA to go a step further than proposed and reduce reporting times to no greater than 15 minutes.
In addition to supporting the proposed reporting enhancements, FIA PTG continued to advocate for increased transparency into the US Treasury market through public transaction reporting.
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