Based on requests from FIF and our Members, FINRA CAT has posted contact information of select exchanges in order to assist in resolving linkage errors.

On October 6, 2020, FIF submitted to FINRA CAT aggregated responses from FIF Members relating to clock synchronization and required granularity of event timestamp reporting. All responses were anonymized.

FIF has been featured in an article from the Tabb Group on upcoming CAT interfirm linkage reporting requirements. The article mentions FIFs efforts to assist in one of CATs trickiest milestones by offering a CAT Counterparty Contact Utility as a free tool for all CAT Reporting Brokers or Agents thereof. As FIF continues to try and spread the word of this Utility far and wide, we ask our Weekly News subscribers to do the same, for the more brokers who input their firm's information, the more valuable the Utility will become. Request Access Page

On September 22, 2020, FIF submitted a comment letter to the SEC in response to a rule filing by FINRA relating to the retirement of OATS. FIF would like to thank the FIF members who participated in the discussions relating to the FINRA rule filing and provided the input that was incorporated in the comment letter. The FIF and other comment letters on this rule filing  will be posted shortly on the SEC website: https://www.sec.gov/rules/sro/finra.htm.

FINRA CAT is in the process of soliciting industry member feedback on behalf of its CCO in support of the Plan Processor’s required annual review of the CAT clock synch and time increment reporting requirements. FIF has prepared a survey for members to complete. FIF requests that members please return completed responses to FIFInfo@FIF.com by Friday October 2. All responses to FINRA CAT will be anonymized.

FINRA CAT is in the process of soliciting industry member feedback on behalf of its CCO in support of the Plan Processor’s required annual review of the CAT clock synch and time increment reporting requirements. FIF has prepared a survey for members to complete. FIF requests that members please return completed responses to FIFInfo@FIF.com by Friday, October 2. All responses to FINRA CAT will be anonymized.