29 April, 2019
Working Group Updates (Week of 4/29)
29 April, 2019
- FIF CAT Working Group - FIF reviewed the remaining issues raised by FIF Members on recently published FDID guidance, discussed remaining spec issues, introduced the proposed CAT Web Portal and provided a status update on FIX to CAT Mapping.
- FIF SEC Rule 606 Working Group - Discussed the SEC's grant of FIF's extension request to extend the 606 compliance date to October 1, 201 and decided upon next steps we need to take in our discussions with the SEC. FIF will review and finalize a list of questions/proposed responses to remaining FAQs/guidance on Tuesday, April 30.
- FIF Front Office Committee Meeting - Focused on order management and trading system issues resulting from proposed rule changes (SEC, FINRA, SROs). Find this month's agenda here.
- FIF Data & Technology Committee Meeting - This month's spotlight topic was presented by Don Tait from IHS Markit who discussed Artificial Intelligence in the Banking Industry. We followed this presentation with a review of the FIF Market Data Capacity Reports, a summary of exchange and SIP technical notices and updates, and a review of recent or upcoming regulations that impact market data. Find the meeting materials here and the full capacity report here.
- FIF Tax Information Reporting Working Group - FIF held it's introductory call in the new Tax Information Reporting Working Group. Co-Chairs Jean Saladino and Jennifer Kemper of Scivantage introduced themselves and elicited feedback from the group members to determine which discussion topics should take priority in the coming calls. If you would like to join this new working group, email us at
This email address is being protected from spambots. You need JavaScript enabled to view it. - FIF Cybersecurity Working Group - FIF's Kevin McCabe provided a spotlight presentation this month on Artificial Intelligence and how it is currently a threat and a solution in today's cybersecurity environment.
Eduard Kotlyar