February 18, 2014 - Front Office Meeting Agenda

Meeting Agenda

  • Limit Up-Limit Down 
    • Feb 06, 2014: SR-BATS-2013-066 - Notice of Filing of Amendment No. 1, and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Adopt Rules to Hold a Volatility Closing Auction; See also Amendment No. 1 to SR-BATS-2013-066
    • Feb 05, 2014: NYSE, NYSE MKT and NYSE ARCA Participation in LULD Phase 2b Industry Testing
    • Jan 31, 2014: NASDAQ, BATS - Limit Up/Limit Down Test Reminder and Details; See also Updated BATS Limit Up/Limit Down FAQ
    • Jan 23, 2014: Summary of the Functionality of the NYSE, NYSE MKT, and NYSE Arca Closing Auctions when an LULD Trading Pause Occurs within the Last 10 Minutes of the Trading Day
    • Jan 08, 2014: SR-NASDAQ-2014-004 - Notice of Filing of a Proposed Rule Change by The NASDAQ Stock Market LLC Proposes to Amend Exchange Rule 4754 Governing the NASDAQ Closing Cross (“Cross”)
  • SEC Updates
    • Feb 03, 2014: SEC Publishes Draft Strategic Plan For Public Comment; See also 34-71466
  • FINRA Updates
    • ADF Reactivation
      • Feb 07, 2014: Equity Trader Alert #2014 - 10 - NASDAQ Activates "ISLF" Directed Order Routing Strategy; See also SR-NASDAQ-2014-010
      • Feb 07, 2014: FINRA ADF Reactivation - Tag 9570 Reminder
      • Feb 04, 2014: FINRA ADF Reactivation in CTS/CQS – Migration Schedule
    • FINRA Wash Sale Proposal 
      • Dec 23, 2013: FIF Comment Letter II on FINRA Wash Sale Proposal. See all Comment Letters here.
      • Dec 03, 2013: SR-FINRA-2013-036 - Notice of Filing of Amendment No. 1 and Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change Relating to Wash Sale Transactions and FINRA Rule 5210 (Publication of Transactions and Quotations) 
    • FINRA Hybrid Securities Proposal
      • Feb 12, 2014: Amendment No. 1 to Proposed Rule Change
      • Dec 24, 2013: SR-FINRA-2013-039 - Order Instituting Proceedings to Determine Whether to Disapprove Proposed Rule Change to Clarify the Classification and Reporting of Certain Securities to FINRA
      • See Comments relating to FINRA Hybrid Securities Proposal here
    • FINRA CARDS
      • Dec 23, 2013: Regulatory Notice 13-42 - FINRA Requests Comment on a Concept Proposal to Develop the Comprehensive Automated Risk Data System - Comment Period Ends March 21, 2014
    • ATS Transparency
      • Feb 14, 2014: Regulatory Notice 14-07 - SEC Approves New Requirements for Alternative Trading Systems
      • Jan 17, 2014: SR-FINRA-2013-042 - Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Require Alternative Trading Systems to Report Volume Information to FINRA and Use Unique Market Participant Identifiers
      • See Comment Letters here
    • OATS WG
      • Feb 14, 2014: Amendment No. 1 to Proposed Rule Change
      • Jan 09, 2014: SR-FINRA-2013-050 - Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Over-the-Counter Equity Trade Reporting and OATS Reporting - Action Expected by Feb 27, 2014
      • Dec 23, 2013: FIF Comment Letter on SR-FINRA-2013-050 OATS Trade Reporting
      • Nov 22, 2013: SR-FINRA-2013-050 - Notice of Filing of a Proposed Rule Change Relating to Over-the-Counter Equity Trade Reporting and OATS Reporting
    • ORF Migration
      • Feb 12, 2014: ORF Paperwork Contact List
      • Feb 10, 2014: Data Feed and Reference Data Specifications for the New FINRA OTC Reporting Facility (ORF) Platform
      • Feb 05, 2014: FIF Notes on OTC Reporting Facility (ORF) Migration to MPP Industry Call #2
      • Jan 21, 2014: Revised Migration Date for New OTC Reporting Facility Technology Platform - Firms will begin reporting trades to the ORF on the new platform on Monday, June 2, 2014
      • Next Meeting Date: Friday, February 21st @ 11 AM ET
  • NYSE Updates
    • Jan 30, 2014: Information Memo 14-4 - NYSE Account Type Indicator Phase-In On Hold
  • CBOE Options Tied to Stock
    • Feb 05, 2014: SR-CBOE-2013-107 - Notice of Withdrawal of Proposed Rule Change to Amend Its Rules Regarding Option Orders That Include a Stock Component; See also 34-71178, 34-70806
  • FIF Working Group Updates 
    • Symbology WG
      • Dec 11, 2013: Equity Trader Alert #2013 - 115 - NASDAQ Expanded Suffix Symbology Update
      • Dec 11, 2013: UPDATED NASDAQ Expanded Suffix Symbology Plans
      • Nov 15, 2013: FIF Comment Letter on NASDAQ Expanded Suffix Symbology
      • Next Meeting Date: Thursday, February 20th @ 11 AM ET
    • Large Trader / EBS WG - Sign up for Large Trader Reporting Working Group Alerts
    • Consolidated Audit Trail WG - Sign up for CAT Working Group Alerts
      • Comment Letters on Selection Process Plan including SRO Response
      • Jan 30, 2014: CAT Request For Proposal Documents: Version 2.0
      • Jan 30, 2014: Received Intent to Bid Forms - Eighteen primary bidders remain
      • Jan 24, 2014: FIF Comment Letter II on CAT Selection Process NMS Plan
      • Dec 23, 2013: FIF Comment Letter on CAT Selection Process NMS Plan
      • Dec 06, 2013: 34-71018 - Order Granting a Temporary Exemption Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 from the Filing Deadline Specified in Rule 613(a)(1) of the Exchange Act
      • Nov 15, 2013: 34-70892 - Notice of Filing of Proposed National Market System Plan Governing the Process of Selecting a Plan Processor and Developing a Plan for the Consolidated Audit Trail
      • FIF CAT Current Documents
      • CAT NMS Plan - RFP Process
      • Next Meeting Date: Friday, February 21st @ 1 PM ET
    • Market Stability WG - Sign up for FIF Market Stability/Reg SCI Working Group Alerts
      • Feb 04, 2014: SR-NASDAQ-2014-017 - A proposed rule change to add a risk management tool commonly known as a "Kill Switch" as set forth in proposed NASDAQ Rule 6130
      • Jan 07, 2014: SR-NYSEMKT-2013-106 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending NYSE Rule 928NY to Expand the Scope of the Existing Risk Limitation Mechanism to Address Multiple, Successive Triggers of the Risk Limitation Mechanism; See also SR-NYSEArca-2013-148
      • Dec 23, 2013: FIF Comment Letter on DTCC Limit Monitoring
      • Dec 20, 2013: SR-NYSE-2013-80 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Offer Risk Management Tools Designed to Allow Member Organizations to Monitor and Address Exposure to Risk
      • Nov 26, 2013: SR-NSCC-2013-12 - Notice of Filing of Proposed Rule Change to Provide Its Members with a Risk Management Tool that Would Enable Members to Monitor Trading Activity and Receive Notifications When Pre-Set Trading Limits are Reached
      • Comment Letters on Reg SCI
  • FIF Monthly Reports
    • Sign up for Report Alerts
    • Initiatives Tracker
    • Milestones Tracker (Milestones Listed Below)
      • Feb 10, 2014 - Feb 18, 2014: ADF Participation Migration Schedule - On February 10, 2014, LavaFlow will become an active quoting and trade reporting participant on the ADF. Beginning on February 10, 2014, and completing on February 18, 2014, symbols will be migrated in a phased-in approach.
      • Feb 24, 2014:  Equity Trader Alert #2014 - 3  - Limit Up/Limit Down Plan Update - Issued Jan 13, 2014
      • Mid 1Q2014: Equity Technical Update #2013 - 29 - Important Information Regarding the NASDAQ Technology Refresh 2013 Phase One. Phase Two, which will include all OUCH and Flite ports, will begin mid-Q1, 2014 - Issued Sep 23, 2013
      • Mar 01, 2014: IIROC Notice 13-0184 - New Canadian DMA Rules: NI 23-103 - Issued Jul 4, 2013
      • May 01, 2014: Regulatory Notice 13-38 - FINRA and the other U.S. members of the Intermarket Surveillance Group (ISG members) have extended the effective date for compliance with certain new data elements for Electronic Blue Sheets (EBS) identified in Regulatory Notice 13-16 to May 1, 2014 - Issued Nov 1, 2013
      • Jun 02, 2014: Revised Migration Date for New OTC Reporting Facility Technology Platform - Firms will begin reporting trades to the ORF on the new platform on Monday, June 2, 2014 - Issued Jan 21, 2014
      • Jul 14, 2014: Equity Trader Alert #2013 - 115 - Firms should make preparations to support the new symbology format by Monday, July 14, 2014 - Issued Dec 11, 2013
      • Jul 31, 2014: SR-NYSE-2013-48 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Extending the Pilot Period for the Exchange’s Retail Liquidity Program for An Additional 12 Months, to Expire on July 31, 2014 - Issued Aug 2, 2013
      • Sep 30, 2014: 34-71018 - Order Granting a Temporary Exemption Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 from the Filing Deadline Specified in Rule 613(a)(1) of the Exchange Act - Issued Dec 6, 2013
      • Nov 14, 2014: SR-FINRA-2013-049 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Tier Size Pilot of FINRA Rule 6433 (Minimum Quotation Size Requirements for OTC Equity Securities) - Issued Nov 03, 2013
      • Dec 15, 2014: SR-NYSEMKT-2013-83 - The Exchange proposes to amend Commentary .07 to Rule 904 to extend the time period of the SPY Pilot Program, which is currently scheduled to expire on October 15, 2013, through December 15, 2014 - Issued Oct 22, 2013
      • Nov 1, 2015: 34-70150 - Phase 3 of Order Temporarily Exempting Certain Broker-Dealers and Certain Transactions from the Recordkeeping and Reporting Requirements of Rule 13h-1 Under the Securities Exchange Act of 1934 - Issued Aug 08, 2013
    • Market Share Report
    • Market Dynamics Report
    • Market Share & Market Dynamics Executive Summary
  • Additional Updates - Equities
    • Feb 12, 2014: SR-BX-2014-011 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Modify BX’s Optional Anti-Internalization Functionality; See also SR-Phlx-2014-011
    • Feb 07, 2014: Regulatory Notice 14-06 - FINRA Announces Updates of the Interpretations of Financial and Operational Rules
    • Feb 05, 2014: SR-NYSEArca-2013-141 - Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to Adopt New NYSE Arca Equities Rule 7.25 to Create a Crowd Participant Program on a Pilot Basis to Incent Competitive Quoting and Trading Volume in Exchange-Traded Products by Market Makers Qualified with the Exchange as CPs
    • Feb 05, 2014: SR-NYSE-2014-07 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 13 - Equities to Modify The Manner By Which MPL-ALO Orders Trade When Triggered By Arriving Interest; See also SR-NYSEMKT-2014-15
    • Jan 23, 2014: SR-FINRA-2014-003 - Notice of Filing of a Proposed Rule Change to amend FINRA’s Corporate Financing Rules to Simplify and Refine the Scope of the Rules
    • Jan 23, 2014: 33-9516 - List of Rules to be Reviewed Pursuant to the Regulatory Flexibility Act
    • Jan 17, 2014: Notice of Filing and Immediate Effectiveness of Proposed Rule Change with Respect to the Composition of NASDAQ Basic
  • Next Meeting Date: Tuesday, March 18th, 2014 @ 4 PM ET