August 9, 2016 Back Office Committee - Meeting Agenda

Meeting Details  

  • When: Tuesday, Aug 9, 2016 @ 11 AM ET
  • Where: Please click here to join the meeting.

Meeting Agenda 

  • DTCC Updates
    • DTC Updates
      • Jul 28, 2016: B3812-16- Settlement Output for Matching Utility Transactions.
      • Jul 21, 2016: B3805-16 - The rule change will add a DTC Rule that establishes a link between DTC and Euroclear Bank SA/NV (“EB”) for DTC Participants that are also EB participants to use Securities held at DTC for use in transfers on the books of EB in connection with EB’s collateral management services.
      • Jul 21, 2016:  SR-DTC-2016-003 - Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Pursuant to Which DTC Would Impose Deposit Chills and Global Locks and Provide Fair Procedures to Issuers.
    • FICC Updates
      • Jul 13, 2016: GOV160-16 - Resubmission of FICC Rule Filing 2016-003 - Description of the Blackout Period Exposure Charge that may be imposed on GSD's Repo Participants.
    • NSCC Updates
      • Jul 29, 2016: A8234- Universal Trade Capture Exchange Launch of IEX.
      • Jul 21, 2016: A8232 - DTCC Limit Montoring Changes to Daily Output.
  • T+2 Settlement
    •  Aug 1, 2016:  T+2 Test Approach- Detailed Testing Approach 
  • FINRA Updates
    • EBS
      • Jul 14, 2016:Regulatory Notice 16-24 - FINRA and ISG modify certain electronic blue sheet data elements
    • TRACE
      • Jul 18, 2016: SR-FINRA-2016-027 - Proposed Rule Change Relating to the Reporting of U.S. Treasury Securities to the Trade Reporting and Compliance Engine.
        • FIF will be holding a TRACE working group meeting to discuss our Draft comment letter on Tuesday, August 9, at 4:00 PM ET.
  • MSRB Updates
    • August 1, 2016 - MSRB hold quarterly board meeting.
  • Treasury Updates
    • Jun 29, 2016: TMPG Welcomes FINRA Rule Amendment to Establish Margin Requirements for TBA Market 
  • FIF Working Group Updates - Sign up for any FIF Working Group 
    • Rule 600/606 - Disclosure of Order Handling Information
      • First Meeting will be held on Wednesday, August 10th @ 1:00 PM.
    • LULD Amendments Working Group
      • First meeting regarding proposed LULD B3805-16 to clarify the operation of the Regulation NMS Plan to Address Extrodinary Volitility will be held on Monday, August 8th @ 1:00 PM.
    • Consolidated Audit Trail (CAT) WG
      • July 18, 2016:  FIF CAT Comment Letter
      • CAT NMS Plan Website
    • Tick Size Pilot WG
      • Jul, 2016:  Tick Size Pilot Exchange Tech Specs/Links
      • June 30, 2016:  Updates FAQs for Tick Size Pilot available here - New Version Includes Examples of Trade-At Block Size Exceptions
      • FINRA Tick Size Pilot information available here
      • All links to relevant documents and notices tracked by FIF are available at the FIF Tick Size Pilot Initiatives Page
    • Market Data Technology
      • Next Meeting Date:  Wednesday, August 17th @ 10:30 AM ET
    • Cost Basis WG
      • Next Meeting Date: Thursday, September 1st @ 11 AM ET
  • Retail Execution Quality Statistics
  • FIF Regulatory Initiatives Tracking Summary
  • FIF Monthly Reports
    • FIF Market Share Report
    • FIF Market Dynamics Report
    • Market Share Executive Summary
    • Market Dynamics Executive Summary
  • Next Meeting Date: Tuesday, September 13, 2016 @ 11 AM ET