May 8, 2012 - Back Office Meeting Agenda

The agenda for the May Back Office meeting is included below.

Meeting Agenda

  • New Options Products / Symbology
    • Apr 30, 2012: FIF Comment Letter to SEC on Mini-Options Contracts
    • Apr 20, 2012: SR-NYSEAmex-2012-26 - Proposal to Adopt Rules Governing the Listing and Trading of a New Product Known as DORS
    • Apr 18, 2012: SR-ISE-2012-26 – Proposed Rule Change to List and Trade Option Contracts Overlying 10 Shares of a Security
    • Apr 3, 2012: SR-NYSEArca-2012-26 – Notice of Filing of Proposed Rule Change to List and Trade Option Contracts Overlying 10 Shares of a Security ("Mini-Options Contracts") and Implementing Rule Text Necessary to Distinguish Mini-Options Contracts from Option Contracts Overlying 100 Shares of a Security ("Standard Contracts")
  • LOPR Updates
    • Apr 20, 2012: FIF Back Office Meeting with FINRA and ISG on LOPR
  • Large Trader Reporting
    • Apr 30, 2012: FIF Questions for SEC on Large Trader Reporting - Open & Reviewed
    • Apr 23, 2012: SEC Large Trader Reporting Delay Announcement – New Dates: Nov 30, 2012 and May 1, 2013
    • Apr 23, 2012: Updated FINRA Blue Sheets FAQs
    • Apr 20, 2012: SEC Large Trader Reporting FAQs
  • FATCA
    • May 15, 2012: IRS Public Hearing on FATCA
    • Apr 30, 2012: FIF Comment Letter to IRS on FATCA
  • Cost Basis Update
    • Apr 19, 2012: CBRS006.12 - Revised Cost Basis User Master File Layout-Testing begins June 22, 2012.  Production date: July 27, 2012.
    • Apr 11, 2012: CBRS005.12 - Revised CBRS Record Layouts for June and November Deployments-User testing for deployment #1 production date: July 27, 2012.  User testing deployment #2 production date: November 30, 2012.
  • "Reg E" Remittance Transfers
    • Jan 24, 2012: Electronic Fund Transfers (Regulation E) – Effective Date: Feb 7, 2013
  • FINRA Know Your Customer and Suitability
    • Apr 12, 2012: FINRA New Account Application Template
    • May 18, 2011: Regulatory Notice 11-25 – New Implementation Date (Jul 9, 2012) and Additional Guidance on the Consolidated FINRA Rules Governing Know-Your-Customer and Suitability Obligations
  • TRACE Updates
    • Apr 18, 2012:  SR-FINRA-2012-020 - Order Granting Approval of Proposed Rule Change Relating to Post-Trade Transparency for Agency Pass-Through Mortgage-Backed Securities Traded TBA 
    • Apr 13, 2012:  SR-FINRA-2012-021 - Notice of Filing of Proposed Rule Change Relating to Post-Trade Transparency for Agency Pass-Through Mortgage-Backed Securities Traded in Specified Pool Transactions and SBA-Backed Asset-Backed Securities Transactions 
    • Mar 21, 2012: TRACE Data Changes – Effective June 25, 2012
  • DTCC Updates
    • NSCC Updates
      • Apr 25, 2012: A#7405 - Alternative Investment Product “AIP” Enhancements Release I 2012 - Effective Date August 2, 2012
      • Apr 23, 2012: A#7414 - Rule Change Approval (SR-NSCC-2012-02) – Enhancing Margining Methodology as Applied to Municipal Corporate Bonds - Effective Date TBA
      • Apr 20, 2012: A#7412 - Schedule Changes to Networking and Mutual Fund Profile Service II Files-Testing begins June 18, 2012 - Effective Date:  July 23, 2012
      • Apr 17, 2012: A#7409, CMU003.12-RTTM Corporate, Municipal, UIT (CMU) Trade Rejection for Ineligible Security Types and CD Settlement Eligibility Change - Implementation Date:  May 18, 2012
    • FICC Updates
      • Apr 25, 2012: SR-FICC-2012-02 - Order Approving Proposed Rule Change Relating to Remove Functionality in the Government Securities Division's Rules That Is No Longer Utilized by Participants
      • Apr 13, 2012: GOV035.12 - DVP Machine Readable Output (MRO) Layouts & New AutoRoute IDs-effective date May 18, 2012
      • Mar 30, 2012: B#0059-12 – Receiver Authorized Delivery (RAD) Redesign – Mandatory Migration –Effective Date May 14, 2012
    • ACATS
      • Feb 15, 2012: A#7379 – Elimination of ACATS Default Pricing – Effective: Jun 22, 2012
  • TMPG Updates
    • Apr 16, 2012: Frequently Asked Questions - TMPG Fails Charges
  • Additional Upcoming Initiatives - Sign up for Initiatives Tracking Report Alerts
    • Legal Entity Identifier
      • Apr 23, 2012: Omgeo ALERT's Legal Entity Release Now in Production
    • FICC DVP System Rewrite
    • Negative Yield Treasuries Bills
    • Consolidated Audit Trail
      • Apr 17, 2012: Telephone Conferences with FINRA
      • Other CAT Comment Letters
    • DTCC Proposal on Shortening Settlement Cycle
    • Jan 24, 2012: Standard Monthly Expiration Processing To Move To Friday Evening – effective date: Jun 21, 2013
    • Feb 29, 2012: ISO 20022 Message Specifications for Announcements - Standards Release 2011 (Updated February 29,2012) – Production Deployment: Nov 2012
    • Feb 2012: Product Migration Guide for Adoption of ISO 20022 Messaging
  • Upcoming FIF Events
    • Jun 19, 2012: FIF Quarterly Event in NY Sponsored by Equinix
  • Next Meeting Date: Jun 12 @ 11:00 AM ET