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23 July, 2018

Working Group Updates (Week of 7/23)

23 July, 2018
  • Manual Events Subgroup - Completed our final review of the deck and scenerios to be used in a deep dive discussion with the SROs later this week. 
  • FIF CAT Spec Review Subgroup - The subgroup has completed a review of V0.3.1 of the Industry Member Reporting Specification and have our comments to ThesysCAT and the SROs.
  • FIF CAT Working Group - Reviewed Manual Orders Deep Dive analysis/recommendations, recommendations presented to the SROs on OTC Equity Reporting Scenarios, and the FIF submitted comments on the July 10 Proposed CAT Implementation Approach.
  • OMS-EMS Vendor Subgroup - Discussed Phase 2a CAT Reporting Requirements – limited CAT reporting of Representative Order Linkages.
  • Cost Basis Working Group - Reviewed the comment letters on Section 451(b) - Income recognition, the retirement of the LIBOR and the Cryptocurrency Tax Fairness Act
  • FIF Back Office Committee Meeting - Guidance and insight on implementation issues relating to exchange, utility, and industry initiatives as well as regulatory changes affecting securities processing and reporting. 7/17 Agenda