Back Office Committee; FINRA T+1 Rule Changes

The Back Office Committee will have its next call on Monday December 18 at 10 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month. During the call, FIF will review the recent rule changes adopted by FINRA to conform to T+1 and the requirement for same-day allocations. The Working Group will also discuss how members plan to handle the scenario where a customer does not provide allocations by end-of-day.