Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-90939; File No. SR-FINRA-2019-008] I. Introduction On March 27, 2019, Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)  [ 1 ] and Rule 19b-4 thereunder, [ 2 ] a proposed rule change to establish a new issue reference data service for corporate bonds (“New Issue Reference Data Service”). [ 3 ] Pursuant to the proposal, FINRA would require that underwriters report to FINRA a number of data elements for new issues in corporate debt securities and FINRA would disseminate such data to the public upon receipt. On December 4, 2019, the Commission, acting through authority delegated to the Division of Trading and Markets (“Division”), [ 4 ] approved the proposed rule change, as modified by Amendment No. 2 (“Approval Order”). [ 5 ] ( printed page 6923) On December 18, 2019, Bloomberg, L.P. (“Bloomberg” or “Petitioner”) filed a petition for review of the Approval Order (“Petition for Review”). Pursuant to Commission Rule of Practice 431(e), the Approval Order was stayed by the filing with the Commission of a notice of intention to petition for review. [ 6 ] On February 14, 2020, the Commission issued a scheduling order, pursuant to Commission Rule of Practice 431, granting the…
Citation: 86 FR 6922
