06 July, 2026
Working Group Updates 7/6/2026
06 July, 2026
- 24x7 Trading Working Group. The 24x7 Trading Working Group discussed the recent rule filings by NYSE Arca and Nasdaq relating to overnight regulatory halts for corporate actions and associated FAQs published by the NYSE and Nasdaq. The Working Group continued its discussion of registration requirements for overnight trading and requesting interpretive guidance from FINRA.
- Order Protection Rule. FIF hosted a call for the Equity Market Regulations Working Group to discuss the SEC rule proposal to rescind SEC Rules 611 (Order protection rule) and 610(e) (Locking or crossing quotations), including issues and questions from FIF members relating to the rule proposal.
- Financial Data Transparency Act Working Group. The Financial Data Transparency Act Working Group reviewed the Financial Data Transparency Act Joint Data Standards adopted by the SEC and other financial regulators.
- Data and Technology Committee. The Data and Technology Committee reviewed capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter was Anthony Montesano of Cboe, who discussed the recent SEC approval of Cboe’s rule filing to provide for extended trading hours for select single stock options.
- CAT Monthly Update Working Group Call. The CAT Monthly Update Working Group reviewed guidance and updates from CAT LLC and FINRA CAT during the prior month. The Working Group reviewed the current areas of focus for FIF members and the current open issues relating to CAT reporting.
- CAT Transaction Reporting and CAT Reference Database Working Groups. FIF hosted a joint call for the CAT Transaction Reporting and CAT Reference Data Working Groups. The Working Groups discussed updates to CAT billing documentation, CAT FAQs, the CAT Technical Specifications for transaction reporting, the CAT release schedule and other CAT documentation. The Working Groups discussed the comment letters submitted in response to the SEC Concept Release.
Eduard Kotlyar