In an annual notice, the MSRB provided criteria for designating participants in the next required testing of the MSRB's business continuity / disaster recovery (or "BC/DR") plans. MSRB stated that the "criteria are designed to ensure participation by those MSRB Registrants that the MSRB reasonably determines are, taken as a whole, the minimum necessary for the maintenance of fair and orderly markets in the event of the activation of its BC/DR Plans." The MSRB stated that the designated participants will be firms that account for the most activity in specific transaction or market segments and that the agency will notify designated participants that are obligated to take part in the testing.
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