BMA: SEC Should Delay TRACE Permanent Fee Approval


The Securities and Exchange Commission (SEC) should delay approval of the National Association of Securities Dealers’ (NASD) proposal for a permanent fee structure for the Trade Reporting and Compliance Engine (TRACE), says a comment letter from the Bond Market Association (BMA).

"We believe some financial disclosure [regarding TRACE] is necessary before the SEC can make a decision," Michele David, vice-president and assistant general counsel of the BMA, tells Inside Market Data.

"NASD has never

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: