October 21, 2014 - Front Office Meeting Agenda

Meeting Agenda

  • ATS MPID Amendments
    • Oct 10, 2014: SR-FINRA-2014-042 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Implementation Date of Market Participant Identifier Requirements for Alternative Trading Systems.
    • Oct 3, 2014: SR-FINRA-2014-041 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the OTC Equity Tier Size Pilot of FINRA Rule 6433
    • List of Equity ATSs
  • Self-Trade Prevention
    • Oct 2, 2014: Policies and Procedures to Prevent Self-Trades in Nasdaq Crosses
  • CBOE Regulatory Reporting
    • Oct 1, 2014: CBOE RG14-139 - Regulatory Request Data Submissions Format. Effective date January 5th, 2015.
    • CBOE Options Tied to Stock -- Pending Regulatory Circular
  • Market Stability
    • Oct 1, 2014: SR-NYSEMKT-2014-81 - Notice of Filing of Proposed Rule Change Amending Rule 902.1NY to Authorize the Exchange to Share Any User-Designated Risk Settings in Exchange Systems with the Clearing Member that Clears Transactions on Behalf of the User.
    • Sep 29, 2014: OCC and the U.S. Options Exchanges Announce New Risk Control Standards to Strengthen Industry Protections
    • Sep 22, 2014: Options Regulatory Alert #2014 - 34 - PHLX, NOM, and BX Options Notify Participants of Inconsistencies with the Risk Monitor Mechanism
    • Sep 19, 2014: SR-ISE-2014-09 - Order Approving Proposed Rule Change Related to Market Maker Risk Parameters.
    • Sep 18, 2014: SR-OCC-2014-16 - Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Apply Enhanced Post-Trade Price Reasonableness Checks on Confirmed Trades in Standardized Options and Futures Options to Increase the Likelihood that Erroneous Trades will be Identified and Voided. 
  • ORF Migration WG
    • Oct 18, 2014: Equity Technical Update #2014-16 - Reminder: FINRA ORF Testing on Saturday, October 18, 2014
    • Oct 14, 2014: User Acceptance Test for OTC Reporting Facility (ORF) Migration -- October 18, 2014
    • Oct 3, 2014: OTC Symbol Directories
    • Oct 3, 2014: ORF Production Reference Data and TDDS 2.0 Production Connectivity Period
    • Sep 17, 2014: Regulatory Notice 14-36 - FINRA Announces Elimination of OTC Bulletin Board Historical Research Reports; Fees for ORF Trade Reporting and Data
    • FINRA ORF Migration Website
    • ORF Technical Notices
  • SR-FINRA-2013-050 
    • Oct 6, 2014: ACTION REQUIRED: Nasdaq TRF Testing Dates for FIX and CTCI to Add Milliseconds
    • Oct 2, 2014: SR-FINRA-2014-039 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Delay the Implementation Date of the Trade Reporting Amendments Approved Pursuant to SR-FINRA-2013-050
    • Sept 24, 2014: Proposed Rule Change to Delay the Implementation Date of the Trade Reporting Amendments Approved Pursuant to SR-FINRA-2013-050
  • ISE Updates
    • Sep 29, 2014: ISE Holdings Files for Third Exchange License to launch ISE Mercury
    • Sep 30, 2014: SR-ISE-2014-43 - Notice of Filing of Proposed Rule Change Amending its Information Barrier Rules
  • FIF Working Group Updates - Join Working Groups
    • Rule 605/606 Disclosure WG
    • Tick Size Pilot WG
      • Oct 20, 2014: Comment Letter Discussion Document
      • Firms should submit implementation issues to  for FIF comment letter to fifinfo@fif.com
    • OATS WG
      • Sep 18, 2014: OATS Industry Call FIF Notes
    • FINRA CARDS WG
      • Next Meeting Date: Thursday, October 23rd @ 2:00 PM ET
      • Sep 30, 2014: Regulatory Notice 14-37 - FINRA Requests comment on a Rule Proposal to Implement the Comprehensive Automated Risk Data System. Comment period ends December 1st, 2014.
    • Consolidated Audit Trail WG
      • Oct 1, 2014: CAT NMS Plan Submission
  •  FIF Regulatory Initiatives Tracking Site - (Requires FIF Website Login)
  •  FIF Monthly Reports
    • Market Share Report
    • Market Dynamics Report
    • Market Share Executive Summary
    • Market Dynamics Executive Summary
  • Additional Updates - Equities
    • Oct 15, 2014: SR-BATS-2014-045 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Rule 11.16 of BATS Exchange, Inc.
    • Oct 15, 2014: SR-BATS-2014-038 - Order Granting Approval of a Proposed Rule Change to Rules 11.9 and 21.1 of BATS Exchange, Inc. to Add Price Adjust Functionality 
    • Oct 9, 2014: SR-NYSEMKT-2014-56 - Order Approving Proposed Rule Changes Amending Exchange Rule 13 to Make the Add Liquidity Only Modifier Available for Limit Orders, and Make the Day Time-In-Force Condition and Add Liquidity Only Modifier Available for Intermarket Sweep Orders
    • Oct 7, 2014: SR-NASDAQ-2014-097 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the Algo Test Facility
    • Oct 3, 2014: SR-BATS-2014-044 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rules 11.13 and 21.9 of BATS Exchange, Inc.
    • Oct 1, 2014: SR-NYSEMKT-2014-84 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Exchange Rule 900.2NY to Codify the Terms Complex BBO and Complex NBBO and to Amend Exchange Rule 900.3NY to Revise the Definition of a PNP Plus Order
    • Sep 25, 2014: SR-EDGA-2014-20 - Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Include Additional Specificity within Rule 1.5 and Chapter XI Regarding 
    • Sep 25, 2014: NASDAQ Makes Changes to the IPO Process
  • Additional Updates - Options
    • Oct 15, 2014: SR-NYSEMKT-2014-86 - Notice of Filing of Proposed Rule Change Modifying Its Quote Mitigation Plan and Amending Rule 970NY and Rule 970.1NY
    • Oct 9, 2014: CBOE RG14-142 - Changes to Market-Maker Continuous Quoting Requirements
    • Oct 6, 2014: SR-PHLX-2014-30- PHLX Changes Priority Rule 1014 Commentary .05 (c)(ii) 
    • Oct 3, 2014: RG14-141 Rule 6.19, Trade Nullification and Price Adjustment Procedure
    • Sep 26, 2014: Options Regulatory Alert #2014 - 35 - PHLX Modifies Guidelines of Granting Opening Quote Parameter Relief
    • Sep 17, 2014: Options Regulatory Alert #2014 - 31 - Market Making Obligations