FIF Rule 606 Working Group

The FIF Rule 606 Working Group will meet on Tuesday, February 8 at 2pm ET to discuss a draft interchange report to facilitate Rule 606(a) options look-through reporting, Rule 606 reporting for cash value orders that involve fractional shares, and the FINRA proposal to require reporting for routes in OTC equities. The Working Group also will review a recent filing by the SEC with the Office of Management and Budget (OMB) that estimates the annual costs to the industry for Rule 606 compliance.