§242.302. Recordkeeping requirements for alternative trading systems.
17 C.F.R. § 242.302
To comply with the condition set forth in paragraph (b)(8) of § 242.301, an alternative trading system shall make and keep current the following records:
A record of subscribers to such alternative trading system (identifying any affiliations between the alternative trading system and subscribers to the alternative trading system, including common directors, officers, or owners);
Daily summaries of trading in the alternative trading system including—
Securities for which transactions have been executed;
Transaction volume, expressed with respect to equity securities in—
Number of trades;
Number of shares traded; and
Total settlement value in terms of U.S. dollars; and
Transaction volume, expressed with respect to debt securities in—
Number of trades; and
Total U.S. dollar value; and
Time-sequenced records of order information in the alternative trading system, including—
Date and time (expressed in terms of hours, minutes, and seconds) that the order was received;
Identity of the security;
The number of shares, or principal amount of bonds, to which the order applies;
An identification of the order as related to a program trade or an index arbitrage trade as defined in New York Stock Exchange Rule 80A;
The designation of the order as a buy or sell order;
The designation of the order as a short sale order;
The designation of the order as a market order, limit order, stop order, stop limit order, or other type or order;
Any limit or stop price prescribed by the order;
The date on which the order expires and, if the time in force is less than one day, the time when the order expires;
The time limit during which the order is in force;
Any instructions to modify or cancel the order;
The type of account, i.e., retail, wholesale, employee, proprietary, or any other type of account designated by the alternative trading system, for which the order is submitted;
Date and time (expressed in terms of hours, minutes, and seconds) that the order was executed;
Price at which the order was executed;
Size of the order executed (expressed in number of shares or units or principal amount); and
Identity of the parties to the transaction.
Notes, amendments, and revision history
Source
Source: Sections 242.300 through 242.303 appear at 63 FR 70921, Dec. 22, 1998, unless otherwise noted.
Authority
Authority: 15 U.S.C. 77g, 77q(a), 77s(a), 78b, 78c, 78c-4, 78g(c)(2), 78i(a), 78j, 78k-1(c), 78 l, 78m, 78n, 78 o (b), 78 o (c), 78 o (g), 78q(a), 78q(b), 78q(h), 78w(a), 78dd-1, 78mm, 80a-23, 80a-29, 80a-37, and 8343.
Source
Source: 62 FR 544, Jan. 3, 1997, unless otherwise noted.