TRACE Working Group

FIF has scheduled a call for the TRACE Working Group for Thursday February 15 at 11 am ET. The Working Group will discuss two additional scenarios raised by an FIF member on reporting of electronic and manual orders to TRACE and RTRS. The Working Group also will review and discuss changes to the FIF comment letter on (i) the January 11 rule filing by FINRA to reduce to one minute the TRACE reporting timeframe for securities that are currently subject to a fifteen-minute reporting timeframe and (ii) the parallel rule filing by the MSRB on January 12. FIF has scheduled 45 minutes for this call but the call might not take the full scheduled time period.