FIF Submits Exemption Request Letter to the SEC Relating to CAT Representative Order Linkage

On July 2, FIF submitted an exemption request letter to the SEC relating to CAT representative order linkage. The letter requests an exemption from the requirements that an industry member report linkage between (A) (i) a representative order or IDQS quote and (ii) a customer order, and (B) (i) an order fulfillment for a customer and (ii) a representative or principal order or IDQS quote, for specified scenarios. FIF would like to thank the members of the CAT Transaction Reporting Working Group for their contributions in the drafting of this exemption request letter.