FIF Call with FINRA CAT on Reporting of registeredRepCRD and branchOfficeCRD for CAIS

On August 27, 2021, FIF members participated on a call with FINRA CAT and the SROs to discuss the reporting of the registeredRepCRD and branchOfficeCRD fields for CAIS. As a follow-up, FIF has sent a survey to members of the CAIS Working Group requesting feedback on the different group coverage models that firms implement, what activities are permitted and not permitted for group coverage personnel, and what is the work that would be required for firms to collect and report the CRDs for all registered reps assigned to accounts. This will be discussed further on the FIF CAIS Working Group call on Wednesday, September 1, 2021.