Yes.  FINRA rules and FINRA Facility system validations require that firms refer to the original trade report in the report of the reversal by including the control number assigned to the original report by the FINRA Facility and the original report date.  Because the reversal is linked by reference to the original trade, the Industry Member is not required to report the reversal to CAT by deleting the original MEOT.  The FINRA Facility Data reported to CAT by FINRA will be the source of the reversal.  After the reversal, if a new trade is reported to the FINRA Facility, a new MEOT would be required and must include a new tapeTradeID, irrespective of whether the execution date on the new trade report is the same as the original trade.

For more information on reporting cancellations, corrections, and reversals to the TRF/ADF/ORF, see Section 311 of FINRA’s Trade Reporting FAQs.