SIE practice questionmediumReporting trades in municipal securities
Which system is used by broker-dealers to report municipal securities trades?
- ASIPC
- BACT
- CTRACE
- DRTRS✓ Correct answer
Explanation
Why D — RTRS
Broker-dealers report municipal securities trades to the MSRB's Real-Time Transaction Reporting System (RTRS). EMMA is the MSRB's public disclosure and market-data access platform.
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