07 October, 2019
Working Group Updates 10/7/19
07 October, 2019
- FIF SEC Rule 606 Working Group - FIF solicited member feedback as to the current status implementation across the industry. FIF also reviewed potential solutions to broker-dealer access to order execution data as well as the status of issues with the PDF Renderer/XML Schema. The group also reviewed the application of the current understanding of 606(b)(3) look-through and non-look-through scenarios.
- FIF/SIFMA/STA CAT Options Subgroup - The group reviewed current recommendations with respect to the reporting of Paired Options orders to CAT, including the development of workable definitions and recommendations regarding the ultimate reporting of Paired Option orders.
- FIF CAT Committee - FIF asked for feedback to questions relating to what is necessary for firms to start reporting too late to cancel scenarios. FIF also reviewed the 2c Tech Spec publication schedule and planned feedback cycle. Finally, FIF discussed the proposed elimination of two-sided quoteID reporting of OTC Equity Quotes.
Eduard Kotlyar