The SEC received 184 letters from the public and industry critiquing that version. Many brokers and firms said the initial plan invaded brokers' privacy and would be difficult and costly to implement.

Finra withdrew the plan in June because it did not believe it could fully address the comments within the strict time limits in which the SEC must act on a proposal, a Finra spokesman had said at the time.

A Finra spokeswoman declined to comment on specifics about the revised plan.

 

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