MSRB Rule G-14 requires municipal securities dealers to report to the MSRB the sale and purchase of municipal securities. This RTRS Users Manual, pursuant to Rule G-14 RTRS Procedures Section (c) under Rule G-14, is comprised of the Specifications for Real-Time Reporting of Municipal Securities Transactions, the Users Guide for RTRS Web, guidance on how to report specific types of transactions and other information relevant to transaction reporting under Rule G-14.
Specifications for Real-Time Reporting of Municipal Securities Transactions: The RTRS Specifications document details various aspects of the MSRB's Real-time Transaction Reporting System (RTRS), including input and output specifications for interfacing with RTRS using interactive messaging. Error codes assigned to an RTRS submission are also included.
Users Guide for RTRS Web: The RTRS Web Manual describes the web-based input of data into RTRS and describes related compliance reports.
RTRS Interpretive Notices: Guidance on how to report specific types of transactions and related matters are available in RTRS Interpretive Notices
Other Information on Trade Reporting: Additional information relevant to transaction reporting under Rule G-14 is accessible below:
Questions and Answers
- Questions and Answers About Trade Submission, Error Feedback, RTRS Web, and Contacting the MSRB
- Questions and Answers About Covering Data Fields, ISO 15022 Message Format, Errors and Corrections, and Reporting Trades
Reports on Dealers Trades
Dealers can obtain a record of the transactions for which a fee has been assessed to verify their compliance with Rule G-14. Use the MSRB's Dealer Feedback System (DFS) in MSRB Gateway to request a report of all transactions reported to RTRS within a selected calendar month. Reports are available for the three most recent billing months processed by the MSRB.
