Working Group Update 10/19/2020

FIF CAT Tech Spec Working Group/CAT Committee: The FIF CAT Working Group commenced a detailed review of the Phase 2d requirements, including an overview of the areas covered by Phase 2d and a focus on the reporting of multi-leg orders. The FIF CAT Tech Spec Working Group and broader CAT Committee reviewed and finalized a draft letter to the CAT Operating Committee requesting extensions of the CAT compliance dates for correcting equity interfirm, exchange and TRF linkage validations and options interfirm and exchange linkage validations. The FIF CAT Committee reviewed the recently posted contacted list for exchanges, discussed various linkage and other issues raised by FIF Members, reviewed key updates from the October 12th Industry Testing Checkpoint call hosted by FINRA CAT, reviewed new FAQs and recent FAQ updates published by FINRA CAT, and reviewed Version 1.8 of the Order Routing Field Mapping between CAT and Exchanges recently published by FINRA CAT.

FIF CAT CAIS Working Group: The FIF CAT CAIS Working Group held two calls focused on challenges with reporting specific account and customer data elements required by CAIS and proposed feedback to FINRA CAT. The Working Group also focused on responses to specific questions raised by FINRA CAT relating to the reporting of customer and account information.

FIF Back Office Committee: Please find October's Back Office Agenda here.