Jan 08, 2013 - Back Office Meeting Agenda

Meeting Agenda

  • DTCC Updates (Mark Vercruysse, DTCC)
    • ACATS Updates
      • Dec 21, 2012: A7556 – Requirements For The CNS ACATS And DTC Settling Assets Project – Tentative Production Date – Mar 2014
    • NSCC Updates
      • Dec 17, 2012: A7553 – Revised Implementation Date: Mutual Fund Profile II - Distribution Declaration Dividend Enhancement / Distribution Declaration Capital Gain Documentation Update – Jan 14, 2013
      • Dec 14, 2012: – Elimination Of ACATS Default Pricing TableA#7550
    • DTC Updates
      • Dec 19, 2012: A#7544 – Rule Filing And Advance Notice (SR-NSCC-2012-10) – Elimination Of ID Offset
    • FICC Updates
      • Dec 05, 2012: GOV125.12 – SR-FICC-2012-05 – Tri-Party Reform for GCF Repo® Service Implementation Update
  • MSRB
    • Dec 18, 2012: MSRB Undertakes Broad Rules Review And Asks Public To Recommend Changes To Municipal Market Regulations
    • Dec 18, 2012: Notice 2012-63 – Request For Comment On MSRB Rules And Interpretive Guidance – View Comments– Comment Deadline: Feb 19, 2013 (see attached questions)
    • FIF Meeting to Discuss MSRB Response – Jan 15 @ 1 PM ET
  • LOPR Updates
    • Reference Guide for LOPR Firms (Updated on Dec 19, 2012)
    • Frequently Asked Questions (Updated on Dec 19, 2012)
    • Next FIF Meeting – Jan 8 @ 2 PM ET
  • Transaction Tax
    • French Financial Transaction Tax (see attached)
      • Dec 21, 2012: SIFMA and ICI Submit Comments to the IRS Requesting Competent Authority Assistance under the US-France Tax Convention
    • Italian Financial Transaction Tax (see attached)
    • Nov 06, 2012: SIFMA and Other Associations Submit Comment to the US Department of Treasury on Global and Extraterritorial Financial Transaction Tax Proposals
  • FINRA Updates
    • Dec 27, 2012: Regulatory Notice 12-58 – SEC No-Action Guidance Expanding the Definition of “Ready Market” for Certain Foreign Equity Securities
    • TRACE
      • Dec 20, 2012: Regulatory Notice 12-56 – SEC Approves Amendments to TRACE Rules and Dissemination Protocols to Disseminate Specified Pool Transactions and SBA-Backed ABS Transactions and to Reduce the Time to Report Such Transactions – Effective Date: Jul 22, 2013
    • OATS
      • Dec 28, 2012: OATS Secure Transport Upgrade
      • Dec 11, 2012: Updated OATS Technical Reporting Specifications for New FINRA Rule 5350 – Effective Date: Mar 4, 2013
  • FIF Working Group Updates
    • Consolidated Audit Trail WG
      • Jan 03, 2013: RFP Concepts Response Draft
      • Upcoming FIF CAT WG Meetings: Jan 9th @ 2 PM ET, Jan 16 @ 2 PM ET
    • Large Trader Reporting WG
    • Reg E Remittance Transfer WG
      • Dec 14, 2012: SEC Approves FIF Regulation E Working Group No-Action Relief Request
    • FATCA WG
    • Cost Basis WG
  • Additional Updates
    • Treasury Options
      • Feb 2013: NASDAQ OMX Plan to Launch Options on U.S. Treasuries
      • Dec 11, 2012: SR-OCC-2012-23 - Proposed Rule Change to Accommodate Certain Physically-Settled Options on U.S. Treasury Securities
    • Expiration Friday
      • Dec 17, 2012: Expiration Friday Industry Testing (see attached)
    • Mini Options
      • Nov 26, 2012: ISE Announces Mini Options Launch Date of March 18, 2013
      • Nov 08, 2012: NYSE Arca Mini Options FAQs
  • Upcoming Events: Mar 5 @ 5 PM ET - FIF Quarterly Event in NY hosted by NASDAQ
  • Next Meeting Date: Feb 12 @ 11 AM ET