Meeting Details

• Date: Tuesday, March 15, 2011 @ 4 PM ET

Meeting Agenda

• Short Sale Updates (FIF Short Sale Portal)
• FINRA Rule 5131
  • FIF Comment Letter (see attached – Comments due EOD Wed, Mar 9)
  • Nov 2010; Regulatory Notice 10-60 – SEC Approves New FINRA Rule to Address Abuses in the Allocation and Distribution of New Issues – Effective Date: May 27, 2011
• FIF OATS WG
  • FIF OATS Expansion Portal
    • Feb 25, 2011: FIF OATS for NMS Implementation Tracking v4

• Feb 16, 2011: Overview of Technical Specification Changes - Jan 11 and Feb 16, 2011
• Feb 16, 2011: OATS Technical Specification (pdf)

• OATS for NMS FAQs:11 Q&As
• Next Meeting Date: Mar 15 @ 10:00 AM ET
• FIF Market Access WG
  • Next Meeting Date: Mar 10 @ 3:00 PM ET
• FIF/FPL Regulatory Reporting WG
  • Next Meeting Date: Mar 23 @ 3:00 PM ET
• Flash Order Update
  • Feb 25, 2011; Direct Edge CPI Functionality to Cease
• Rule 92/Manning
  • Feb 14, 2011; SR-FINRA-2009-090 – SEC Approval to Adopt FINRA Rule 5320 (Prohibition Against Trading Ahead of Customer Orders) in the Consolidated FINRA Rulebook
• ISE Qualified Contingent Cross
  • Feb 24, 2011; SR-ISE-2010-73 – Order Granting Approval of a Proposed Rule Change to Modify Qualified Contingent Cross Order Rules
  • Aug 28, 2009; SR-ISE-2009-35 – Approval of Proposed Rule Change Relating to Qualified Contingent Cross Orders
• SEC Updates
  • Feb 18, 2011; Recommendations Regarding Regulatory Responses to the Market Events of May 6, 2010
• FIF Event: Tue, Mar 22, 2011 - Navigating the Latency Roadmap - Meeting and reception hosted by Thomson Reuters
• Next FIF Front Office Committee Meeting Date: Apr 19 @ 4:00 PM ET