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FINRA is considering a pilot program that would change the way firms disseminate data about their block trading of corporate bonds.
Self-regulatory organization FINRA is considering changes to the way data (trade price and size) about block-sized trades of corporate bonds will be disseminated to the marketplace, and wants industry input for a proposed pilot program. The proposal is in response to market participants and the SEC, which have raised concerns over the current system of...
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