Meeting Details

• Date: Tuesday, May 10, 2011 @ 11 AM ET

Meeting Agenda

• DTCC Updates (Ed Fanning, DTCC)
  • Apr 18, 2011; A#7199, CMU004.11 – RTTM Corporate, Municipal, UIT (CMU) Trade Rejection for Ineligible Security Types and CD Settlement Eligibility Change
• TRACE Updates
  • Apr 21, 2011; Revised TRACE Securitized Products Specifications
  • May 2011; Regulatory Notice 11-20 – SEC Approves Amendments to Transaction Reporting and Trading Activity Fee Rules Related to the Reporting of Asset-Backed Securities Transactions – May 16, 2011
• Cost Basis Updates (Brian Godfrey, Charles Schwab)
  • May 05, 2011; 0668-11 – Changes to Reorg Deposits on DAMP to support CBRS
  • Apr 07, 2011; CBRS002.11 – Change to CBRS WebDirect functionality: 3,000 record maximum size for CBRS Transaction Download End of Day (EOD) file
  • Apr 06, 2011; DTC #0526-11 – Change in Process for CBRS Daily Deposit File for TAs
  • Next FIF Cost Basis WG Meeting: May 31 @ 3 PM ET
• Mar 18, 2011; Proposed amendments to Rule 17Ad-17 – Transfer agents’, brokers’, and dealers’ obligation to search for lost security holders; paying agents’ obligation to search for missing security holders (Jane Young, Thomson Reuters BETA)
• Universal Trade Capture (Carlo Spano, Broadridge)
  • Apr 19, 2011; A#7200 – Automated Special Representative Facility To Replace 9a/9b Manual Forms
  • Apr 19. 2011; A#7201 – Correspondent Clearing Reporting Modifications
• FINRA OATS Updates
  • FIF OATS for NMS Tracker
    • Next FIF OATS WG Meeting with FINRA and NYSE: May 10 @ 4:15 PM ET
    • May 03, 2011: Updated Technical Specifications reflect additional validation enhancements
    • May 03, 2011: Overview of Technical Specification Changes - Jan 11, Feb 16, 2011 and Mar 17, 2011
    • Apr 26, 2011; SR-FINRA-2011-021; Proposed Rule Change Relating to Extension of Implementation Date for Expansion of the Order Audit Trail System to All NMS Stocks from Jul 11, 2011 to Oct 3, 2011
• Dodd-Frank Updates
  • Legal Entity Identifier
    • Requirements for a Legal Entity Identifier Framework
  • Short Sale Reporting Study Required by Dodd-Frank Act Section 417(a)(2)
• Additional NSCC/FICC Updates
  • May 02, 2011; MBS067.11 – MBSD CCP Update
  • Apr 27, 2011; MBS064.11 – REMINDER - Mortgage-Backed Securities Division AM Pass and TBA Netting Scheduling Change Update
  • Apr 19, 2011; MBS057.11 – Field Layouts for Tilde-Delimited Files Implemented in Conjunction with MBSD Clearing System Replacement
  • Apr 13, 2011; A#7196 – Rule Change Approval (SR-NSCC-2010-15) –Creating the Replacements Service
  • Apr 13, 2011; MBS056.11 – Retirement of version 1 date format (Revised)
• Additional FINRA Updates
  • Apr 2011; Regulatory Notice 11-19 – SEC Approves Consolidated FINRA Rules Governing Books and Records – Effective Date: Dec 5, 2011
  • Apr 11, 2011; SR-FINRA-2011-016 – Proposed Rule Change to Delay the Implementation date of FINRA Rule 2090 (Know Your Customer) and FINRA Rule 2111 (Suitability) – New Date: Jul 9, 2012
  • Apr 07, 2011; Regulatory Notice 11-16 – Treatment of Non-Margin Eligible Equity Securities – Effective Date: Jul 1, 2011
  • Apr 04, 2011; Regulatory Notice 11-15 – Guidance on Low-Priced Equity Securities in Customer Margin and Firm Proprietary Accounts
• MSRB Updates
  • Apr 11, 2011; SEC Approves Amendments to SHORT System Subscription Service
• Treasury Markets Practice Group
  • Apr 29, 2011; Understanding Settlement Fails in Agency MBS, Recommended Agency MBS Fails Charge Trading Practice, Recommended Agency Debt Fails Charge Trading Practice, TMPG Proposes Agency Debt and Agency MBS Fails Charge Recommendations
• FIF Conference Update
• Next FIF MC Back Office Committee Meeting Date: Jun 7 @ 11 AM ET