January 20, 2015 - Front Office Meeting Agenda

Meeting Agenda

  • Obvious Error Filing
    • Dec 4, 2014: SR-BATS-2014-067 - Proposal to replace Rule 20.6, entitled Obvious Error, with new Rule 20.6 entitled Nullification and Adjustment of Options Transactions including Obvious Errors. See Also: Jan 7, 2015: SR-BATS-2014-67 - Summary of the Harmonized Obvious Error Filing
  • FINRA Trade Reporting
    • FINRA Trade Reporting FAQs
    • Dec 22, 2014: Equity Technical Update #2014-20 - Nasdaq Updates FIX and CTCI TRF Specifications for FINRA Amendments
  • Exam Priorities
    • Jan 13, 2015: SEC Announces 2015 Examination Priorities See Related: Examination Priorities - 2015, Letter to National Securities Exchanges
    • Jan 6, 2015: 2015 Exam Priorities Overview
  • Pending Initiatives
    • FINRA Equity Trading Initiatives (Comment Period Ends: February 20th, 2015)
      • Nov 14, 2014: Regulatory Notice 14-51 - FINRA Requests Comment on Proposed FINRA Rules Requiring the Identification of Non-Member Broker-Dealers in Order Audit Trail System (OATS) Reports and the Reporting of Additional Order Information by Alternative Trading Systems (ATS)
      • Nov 12, 2014: Regulatory Notice 14-48 - FINRA Requests Comment on a Proposal to Publish OTC Equity Volume Executed Outside Alternative Trading Systems
      • Nov 12, 2014: Regulatory Notice 14-47 - FINRA Requests Comment on a Proposal to Tighten Business Clock Synchronization Requirements
      • Nov 12, 2014: Regulatory Notice 14-46 - FINRA Requests Comment on a Proposal to Identify OTC Equity Trades Reported More Than Two Seconds After Execution as “Out of Sequence” and Not Last Sale Eligible
    • CBOE Options Tied to Stock
      • Jan 15, 2015: SR-CBOE-2015-004 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Delay Implementation Date of Rule Change SR-CBOE-2014-040
  • ORF Migration
    • FINRA Response to FIF Requests for Enhancements
    • Dec 16, 2014: Revised OTC Reporting Facility (ORF) TDDS 2.0 Specification
  • SEC Announcements
    • Jan 13, 2015: SEC Announces Members of New Equity Market Structure Advisory Committee
  • FIF Working Group Updates - Join Working Groups
  • FINRA TRACE
    • Next Meeting Date: Friday, Jan 23, 2015 @ 10:00 AM EST
  • FINRA Equity Trading Initiatives
    • Next Meeting Date: Thursday, Jan 29, 2015 @ 11:00 AM EST, Thursday Feb 5, 2015 @ 10:00 AM EST
  • Consolidated Audit Trail WG
      • CAT NMS Plan
      • Exemptive Relief and Amended CAT Plan Update
    • Market Stability/Regulation SCI
      • Dec 23, 2014: Trading Halt Rule Draft
  • 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
    • Jan 16, 2015: SR-NYSE-2015-01 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Add a Price Protection Mechanism to Prevent the Automatic Execution of Incoming Market Orders and Marketable Limit Orders Outside a Specified Parameter and Eliminate Liquidity Replenishment Points and the Gap Quote Policy
    • Jan 15, 2015: SR-BATS-2015-04 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Clarify the Use of Certain Data Feeds. See also: SR-EDGA-2015-02, SR-EDGX-2015-02, SR-Phlx-2015-06
    • Jan 14, 2015: Equity Trader Alert #2015-6 - Nasdaq U.S. Markets will be Closed on Monday, January 19, 2015
    • Jan 13, 2015: SR-NASDAQ-2014-110 - Order Approving a Proposed Rule Change to Adopt NASDAQ Rule 7015(i) to Offer the New IPO Workstation
    • Jan 12, 2015: SR-NYSE-2014-63 - Order Approving Proposed Rule Change Amending Rules 311 and 313 to Add Limited Liability Companies as Eligible Member Organizations and Delineate the Information Limited Liability Companies Must Submit to the Exchange as Part of the Membership Process; Eliminate the Requirement that a Member Corporation Be Created or Organized, and Maintain its Principal Place of Business, in the United States; and Make Additional Related Amendments to Update Its Membership Rules 
    • Jan 9, 2015: SR-FINRA-2014-030 - Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove Proposed Rule Change Relating to Quotation Requirements for Unlisted Equity Securities and Deletion of the Rules Related to the OTC Bulletin Board Service 
    • Jan 6, 2015: SR-NYSE-2014-73 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 123C to Specify that Exchange Systems May Close One or More Securities Electronically
    • Jan 2, 2015: Equity Trader Alert #2015-1 - Nasdaq Enhances Minimum Acceptable Quantity Functionality
    • Dec 31, 2014: SR-NYSEMKT-2014-112 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Proposes to Amend NYSE MKT Rule 500 - Equities to Extend the Operation of the Pilot Program that Allows "UTP Securities" to be Traded on the Exchange Pursuant to a Grant of Unlisted Trading Privileges
    • Dec 31, 2014: SR-CTA-2014-04 - Notice of Filing of the Nineteenth Substantive Amendment to the Second Restatement of the CTA Plan
    • Dec 31, 2014: S7-24-89 - Notice of Filing of Amendment No. 34 to the Joint Self-Regulatory Organization Plan Governing the Collection, Consolidation and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on an Unlisted Trading Privileges Basis
    • Dec 30, 2014: SR-NASDAQ-2014-128 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend NASDAQ Rules 7014 and 7018
    • Dec 30, 2014: SR-NASDAQ-2014-095 - Order Granting Approval of Proposed Rule Change to Provide a New Optional Functionality to Minimum Quantity Orders
    • Dec 29, 2014: SR-NYSEArca-2014-146 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending NYSE Arca Equities Rules 7.32 in Order to Increase the Maximum Order Entry Size to Five Million Shares
    • Dec 29, 2014: SR-NASDAQ-2014-100 - Order Approving a Proposed Rule Change to Amend NASDAQ Rule 7015(d) to Include the IPO Indicator As a New Enhancement to the NASDAQ Workstation
    • Dec 24, 2014: SR-NASDAQ-2014-123 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Rules 4751(h) and 4654(b) Relating to the Closing Process
    • Dec 23, 2014: SR-NYSE-2014-71 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Extending the Operation of Its New Market Model Pilot, Until the Earlier of Securities and Exchange Commission Approval To Make Such Pilot Permanent or July 31, 2015 
    • Dec 22, 2014: SR-NYSEArca-2014-140 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Exchange Rules Regarding Trade Nullification and Price Adjustment 
    • Dec 22, 2014: SR-NYSEMKT-2014-95 - Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Amending Rule 13 - Equities and Related Rules Governing Order Types and Modifiers, as modified by Partial Amendment No. 1 
    • Dec 18, 2014: SR-NYSEMKT-2014-101 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 342 - Equities to Remove the Three Years' Experience Requirement for Supervisory Personnel and to Add Supplementary Material to Rule 3110 - Equities Stating that Supervisors Must Reasonably Discharge their Supervisory Duties and Obligations
    • Dec 17, 2014: SR-NYSEArca-2014-120 - Order Approving a Proposed Rule Change, as Modified by Amendment No. 2 Thereto, to List and Trade Shares of the Sit Rising Rate Fund under NYSE Arca Equities Rule 8.200 
  • Additional Updates - Options
    • Jan 16, 2015: Update: Professional Customer Rule Change - The previously announced implementation of functionality and mandatory compliance date in support of the Professional Customer Designation on NYSE Arca Options has been rescheduled. OTP Holders may begin to use the Professional Customer Designation on February 17, 2015. OTP Holders will be expected to be in compliance with Professional Customer order marking effective March 2, 2015.
    • Jan 15, 2015: RG15-006 - New Quote Risk Monitor (QRM) Features
    • Jan 9, 2015: SR-NYSEArca-2014-151 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Commentary .06 to Rule 6.8 to Extend the Pilot Program that Eliminated the Position Limits for Options on SPDR S&P 500 ETF 
    • Jan 8, 2015: SR-NYSEArca-2014-150 - Notice of Filing of Proposed Rule Change to Amend Rule 6.60 and to Adopt Rule 6.61, Which was Previously Reserved, to Provide Price Protection for Market Maker Quotes 
    • Jan 8, 2015: SR-NYSEMKT-2014-116 - Notice of Filing of Proposed Rule Change to Amend Rule 967NY and to Adopt Rule 967.1NY to Provide Price Protection for Market Maker Quotes
    • Jan 5, 2015: RG15-003 - February 7, 2015 Back-Up Data Center Test
    • Dec 29, 2014: CBOE RG14-180 - Penny Pilot Program - Replacement Classes to be Added on January 5, 2015
    • Dec 22, 2014: SR-NYSEMKT-2014-102 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Exchange Rules Regarding Trade Nullification and Price Adjustment
    • Dec 19, 2014: SR-BATS-2014-070 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Penny Pilot Program
    • Dec 17, 2014: SR-NYSEMKT-2014-14 - Order Approving a Proposed Rule Change Amending Exchange Rule 967NY to Enhance the Functionality of the Trade Collar Protection Mechanism