Notice of Filing of Proposed Rule Change Relating to the Reporting of Foreign Equity Securities to

SECURITIES AND EXCHANGE COMMISSION (Release No. 34-56199; File No. SR-FINRA-2007-001) August 3, 2007 Self-Regulatory Organizations: Financial Industry Regulatory Authority, Inc.; Notice of Filing of Proposed Rule Change Relating to the Reporting of Foreign Equity Securities to the Order Audit Trail System 1Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) and Rule 219b-4 thereunder, notice is hereby given that on July 31, 2007, the Financial Industry Regulatory Authority, Inc. (“FINRA”) (f/k/a the National Association of Securities Dealers, Inc. (“NASD”)) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II, and III below, which Items have been substantially prepared by FINRA. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change FINRA is proposing to amend Rule 6952 to exclude certain orders and transactions in foreign equity securities from the Order Audit Trail System (“OATS”) recording and reporting requirements. The text of the proposed rule change is available at FINRA, the Commission’s Public Reference Room, and www.finra.org. II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, ...