Jun 12, 2012 - Back Office Meeting Agenda

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

Meeting Agenda

  • Obligation Warehouse
    • May 21, 2012: A#7428 – Obligation Warehouse (OW) 2012 Plans for Enhancements in Q3 2012
    • May 15, 2012: A#7426 – Obligation Warehouse-Planned Industry Test for RECAPS on Jun 8, 2012
  • DTCC Updates
    • FICC Updates
      • May 13, 2012: MBS059.12 - Mortgage-Backed Securities Division 2:00 PM Pass and TBA Netting Schedule Update - Effective Date Nov 8, 2012
    • DTC
      • May 10, 2012: B#0722-12 -  Money Market Instrument (MMI) Processing and Settlement Cutoff Revisions – Effective Jun 22, 2012
      • May 4, 2012: B#0720-12 – Receive Authorized Delivery (RAD) Redesign-Effective Date May 14, 2012
      • May 3, 2012: SR-DTC-2012-02 -  Order Granting Approval of a Proposed Rule Change to Amend Rules Relating to the Issuance of and Maturity Presentment Processing for Money Market Instruments
    • NSCC Updates
      • May 24, 2012: A#7429 - Rewrite of the Exchange Traded Fund System
      • May 10, 2012: A#7423 - Clarification to Important Notice A#7412/P&S6982
      • May 4, 2012: A#7421 – Decommissioning Legacy Equity Trade Capture Output in 2013
      • May 4,2012: A#7405 – AIP Enhancements Release I 2012 – Effective Date Aug 2, 2012
    • ACATS
      • Feb 15, 2012: A#7379 – Elimination of ACATS Default Pricing – Effective Date: Jun 22, 2012
  • Cost Basis Update
    • Next FIF Cost Basis WG Meeting – Jun 11 @ 10:30 AM – 12:00 PM ET
    • May 02, 2012 - IRS Delays Debt and Options Reporting to January 1, 2014
    • 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
  • FATCA
    • Next FIF FATCA WG Meeting – Jun 12 @ 2:00-3:30 PM ET
    • June 5, 2012: IRS Publishes Draft W-8 Forms
    • May 15, 2012: IRS Public Hearing on FATCA and FIF Presentation
    • Apr 30, 2012: FIF Comment Letter to IRS on FATCA
  • New Options Products / Symbology
    • May 21, 2012: SR-NYSEArca-2012-26 - Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to List and Trade Option Contracts Overlying 10 Shares of a Security (“Mini-Options Contracts”) and Implement Rule Text Necessary to Distinguish Mini-Options Contracts from Option Contracts Overlying 100 Shares of a Security (“Standard Contracts”) – New date: Jul 8, 2012
  • Legal Entity Identifier (LEI)
    • FIF Meeting on LEI Update with DTCC, FIX Protocol and OFR - Jun 26 @ 11 AM ET (tentative)
    • Jun 1, 2012: Milestone Reached for the Global Initiative to Establish a Legal Entity Identifier (LEI)
    • May 2, 2012: LEI TEST File Download now available
  • Large Trader Reporting
    • FIF Large Trader Reporting – Current Documents
  • "Reg E" Remittance Transfers
    • Next FIF Reg E Remittance Meeting Date: Jun 13 @ 2:00-3:30 PM ET
  • FINRA Know Your Customer and Suitability
    • May 18, 2012: Regulatory Notice 12-25 – Additional Guidance on FINRA’s New Suitability Rule – Implementation Date: Jul 9, 2012
    • 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
    • May 25, 2012: SR-FINRA-2012-021 - Notice of Designation of a Longer Period for Commission Action on 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 – New date: Jul 18, 2012
    • May 21, 2012: Regulatory Notice 12-26 – SEC Approves Amendments to TRACE Reporting Requirements and Dissemination of Agency Pass-Through Mortgage-Backed Securities Traded To Be Announced and Related Fees – Effective Date: Nov 5, 2012
    • May 21, 2012:  TRACE Data Changes Updated:  New Software Release Date-July 30, 2012
    • Apr 18, 2012:  SR-FINRA-2012-020 - Approval of Proposed Rule Change Relating to Post-Trade Transparency for Agency Pass-Through Mortgage-Backed Securities Traded TBA  - Effective: Nov 5, 2012
  • MSRB Updates
    • Jun 1, 2012: 2012-29 - Request for Comment on Elimination of Large Trade Size Masking on Price Transparency Reports-Comments Due July 2, 2012
  • TMPG Updates
    • TMPG May 30 Meeting Agenda
  • Additional Upcoming Initiatives (Sign up for Initiatives Tracking Report Alerts)
    • FICC DVP System Rewrite
    • Negative Yield Treasuries Bills
    • Consolidated Audit Trail
    • 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 Market Structure Lifecycle Event in NY Sponsored by Equinix
  • Next Meeting Date: Jul 10 @ 11:00 AM ET