On January 19,  FIF submitted responses to FINRA CAT relating to the order receipt and acceptance process. On January 20 FIF submitted comments to FINRA CAT relating to the CAIS Customer and Account Types proposed by the Plan Participants and separately submitted new and open items to FINRA CAT relating to CAIS. On January 22, FIF submitted additional comments and questions to FINRA CAT based on issues raised by FIF Members.

On December 23, 2020, FINRA issued a request for comment on Enhancements to TRACE Reporting for U.S. Treasury Securities. The proposed changes could require significant changes to trade execution and reporting systems for U.S. Treasuries as well as trading and reporting workflow changes. On January 12 and 19 FIF held calls with the FIF TRACE Working Group to discuss the rule proposal in anticipation of submitting a comment letter. The next Working Group call is scheduled for January 26 to review a first draft of the comment letter.

The series will be multiple panels for FIF Members that will address the implementation considerations of the 898 page Rule. The kickoff panel on February 1 at 4PM is the Rule Overview presented by Wayne Aaron of the Vedder Price law firm in a conversation with Matt Billings of Two Sigma and Tom Jordan, Chair of the FIF Advisory Committee.

Topics in the series include The Data, Governance & Pricing, Competing Consolidators, Self-Aggregators, Transition and Dates, Retail/Institutional and Buy-Side considerations. Committed speakers to date include representatives from Cboe, Exegy, Georgetown McDonough Business School, IEX, RBC Capital Markets, and Refinitiv.

FIF Members who want to participate in the webinars will need to register. FIF will soon be sending a registration notice to all FIF Members

On January 22, FIF will host a follow-up call on Executive Order 13959. On the call, representatives from DTCC will review recent Important Notices that they have issued relating to EO 13959. In addition, Robert Dura and Satish Kini of the Debevoise law firm will review the FAQs issued by OFAC on January 14.

The series will include multiple panels for FIF Members that will address the implementation considerations of the 898 page Rule. The kickoff panel on January 25th at 4PM ET will focus on the Rule Overview and will be presented by Wayne Aaron of Vedder Price in a conversation with Tom Jordan, Chair of the FIF Advisory Committee.

Topics in the series include The Data, Governance & Pricing, Competing Consolidators, Self-Aggregators, Transition and Dates, Retail/Institutional and Buy-Side considerations.

Committed speakers to date include representatives from Cboe, Exegy, Georgetown McDonough Business School, IEX, RBC Capital Markets and Two Sigma.

FIF Members who want to participate in the webinars will need to register. FIF will soon be sending a registration notice to all FIF Members.