The Municipal Securities Rulemaking Board announced yesterday that it is changing its Real-time Transaction Reporting System to increase the time dealers have to report trades late and make corrections to previously reported trades.

Beginning Nov. 16, RTRS will accept a late inter-dealer or customer trade report with a trade date that goes back to Jan. 2, 2002. It also will accept a cancellation or modification of a trade for up to two years after it was initially reported.

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