FIF Rule 606 Working Group

The FIF Rule 606 Working Group will meet on Thursday February 24 at 10am ET to review a draft comment letter on the 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. In connection with this comment letter, FIF has sent a survey request to members of the Rule 606 Working Group relating to the volume of Rule 606(b)(3) requests that firms have received. The Working Group also will discuss the FINRA proposal to require Rule 606-type reporting for routes in OTC equities.

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