17 October, 2022
Working Group Update 10/17/2022
17 October, 2022
- FIF Rule 606 Working Group. The Rule 606 Working Group discussed issues and questions from FIF members on challenges with linking to exchange fee schedules, reporting fees in the Rule 606(a) material aspects disclosures, and Rule 606(a) reporting for FLEX option orders.
- FIF CAT CAIS Working Group. The CAIS Working Group discussed reporting for independent registered representatives, reporting accounts for the United Nations, CAIS production refresh requests, and Material Inconsistencies for multiple Customer records for the same underlying Customer. The Working Group discussed the response from the CAT Plan Participants on the letter from FIF members requesting the removal of duplicative errors. The Working Group discussed the Full CAIS report cards. The Working Group continued its discussion of FAQ Q12 on the reporting of ltidEndReason and roleEndReason. The Working Group discussed the recent updates to FAQ Q67 on reporting addresses at the CAT Customer and account levels.
Eduard Kotlyar