FIF Call with SEC Staff on Rule 606

On July 16, 2021, FIF and the Chair of the FIF Rule 606 Working Group participated on a call with SEC staff to discuss requests for written guidance submitted by FIF relating to reporting of options routing, reporting of various ATS scenarios and the Rule 606 definition of customer. The SEC staff have requested that FIF submit in writing more specific scenarios relating to options routing where FIF members seek additional guidance. The next meeting of the FIF Rule 606 Working Group will be scheduled for the week of July 26.