Regulatory Notice 14-36

FINRA Announces Elimination of OTC Bulletin Board Historical Research Reports; Fees for ORF Trade Reporting and Data

Effective Dates: September 30, 2014 (Elimination of OTCBB Historical Research Reports); November 17, 2014 (ORF Fees)

 

Executive Summary

Effective September 30, 2014, FINRA will no longer provide historical research reports for OTC Bulletin Board (OTCBB) securities, and FINRA Rule 7740, pursuant to which FINRA charges fees for such reports, is deleted as of that date. In addition, FINRA is announcing amendments to FINRA Rule 7710 relating to fees for OTC Reporting Facility (ORF) trade reporting and data, upon migration of the ORF to FINRA’s Multi-Product Platform (MPP) on November 17, 2014.

 

The text of the amendments is available in Attachment A.

 

Questions regarding this Notice may be directed to:

• FINRA Market Operations at (866) 776-0800;
• FINRA Product Management at (866) 899-2107; or
• for legal or interpretive questions, Lisa Horrigan, Associate General Counsel, Office of General Counsel, at (202) 728-8190.