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19 August, 2019

Working Group Updates 8/19/19

19 August, 2019
  • FIF CAT Tech Spec Working Group - FIF reviewed the recently published Industry Member Onboarding regarding CAT Connectivity published by FINRA CAT and next steps pertaining to connectivity as well as a preview of the Phase 2d Scoping regarding paired orders (options). The meeting also focused on the newly added CAT Industry Member Reporting Scenarios document and reviewed previously clarified scenarios. 
  • FIF Cybersecurity Working Group - FIF provided a high-level overview of Wipro's State of Cybersecurity Report 2019, which presented detailed data on the current cybersecuirty ecosystem across all industries, including finance. 
  • FIF CAT Working Group- FIF gave a brief update on our request for relief on OTC Quote Events. FIF also reviewed the recently published Industry Member Onboarding regarding CAT Connectivity published by FINRA CAT and next steps pertaining to connectivity. FIF also reviewed the deltas within the recently published CAT Industry Member Reporting Scenarios Document. FIF discussed questions raised to FINRA CAT during the Q&A session and industry best practices pertaining to unanswered questions. FIF has also requested additional use cases on FDIDs in preparation for the September 12th Industry Outreach session.
  • FIF TRACE Working Group- The call focused on implementation concerns with respect to the proposed expansion, the need for a comment letter and implementation best practices.