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FINRA Embraces Fractional Share Trading, to Overhaul Reporting Standards

From financemagnates.com

Companies regulated by the Financial Industry Regulatory Authority(FINRA) will soon be required to report fractional shares as a whole number. These new changes, which are set to take effect in the first quarter of 2025, aim to streamline the reporting standards of fractional shares. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of high-demand scenarios. Alibaba Cloud helps Forex traders to operate securely and globally. Click to know more! Currently, FINRA's existing trade reporting rules require the disclosure of the last sale reports to various trade reporting facilities. ... (full story)

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