Over-the-Counter Stock Reporting System Snarled by Tech Problem

An industry watchdog said that a key system for reporting over-the-counter equity trades was experiencing technical difficulties. From a report: The Financial Industry Regulatory Authority said on Monday that its Over-the-Counter Reporting Facility, known as ORF, was experiencing an issue with transaction messages. The system is used to report stock trades that don't happen on centralized exchanges like the New York Stock Exchange or Nasdaq, as well as for trades in restricted equity securities.

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