On Wednesday, December 15 at 10am ET Alaina R. Clark, Assistant Director for Stakeholder Engagement at the Cybersecurity and Infrastructure Security Agency (CISA), will present to a joint call of the FIF Cybersecurity and Compliance Working Groups. CISA is an agency within the Department of Homeland Security. Ms. Clark will discuss the role and functions of CISA, CISA’s current areas of focus, recommendations for industry members on cybersecurity processes and management, reporting of cybersecurity incidents, and opportunities for enhanced cooperation between the industry and federal regulators.

The invite for this presentation has been sent to all members of the FIF Cybersecurity Working Group and the newly-created FIF Compliance Working Group. If you are interested in participating on this call and do not have the invite in your calendar, please update your profile and add yourself to either the Cybersecurity Working Group or the Compliance Working Group. Alternatively, you can email fifinfo@fif.com to request an invite for this presentation.

Because of the Thanksgiving holiday, for this week FIF is cancelling the regularly scheduled Wednesday and Friday CAT CAIS Working Group calls and the regularly scheduled Wednesday CAT Tech Specs Working Group call. For this week only, FIF is moving the Monday CAT Tech Specs Working Group from 2pm to 11am ET.

On December 16, 2020, the Securities and Exchange Commission granted temporary exemptive relief, until July 31, 2023, from the CAT NMS Plan requirement to link representative orders (riskless principal/ customer facilitation orders) to the associated customer orders. Based on requests from multiple FIF members, FIF proposes to submit a request to the regulators to extend the implementation date for this requirement to July 31, 2024. On November 5, 2021, FIF sent a survey to the members of the FIF CAT Tech Specs Working Group requesting that FIF members provide additional detail relating to this issue. FIF requests that members respond to this survey by November 26. All responses are kept anonymous.

On November 17, FIF held a Webinar on Trading Digital Assets: Connectivity, Custody and Compliance. FIF Front Office Co-Chair Viktor Grinberg moderated a panel focusing on practical guidance to retail and institutional brokers and market makers on trading cryptocurrency and other digital assets, including connectivity to venues, custody of digital assets and determining which products can be traded and offered to customers. FIF would like to thank the panelists Alan Konevsky of tZERO, Mike Smith of IPC Network Services, Hongzhe Sun of Paxos and Dave Weisberger of CoinRoutes for taking the time to come on. If you missed this webinar and would like to view the recording, email fifinfo@fif.com. 

Please join us December 7 from 5:30-8:30pm ET for an in-person joint Holiday Party of FIF and FISD Members. This event will be strictly social and there will be no FIF panel discussion, therefore, there will be a $50 charge for all of those interested in attending. The event will take place at Tavern 29 in midtown Manhattan. This event is for FIF/FISD Members exclusively and there are only 95 spots available, so secure your spot today!

After registering here, you will be sent to PayPal to pay the $50 entry fee for the event. If you have any questions, please don't hesitate to email us at fifinfo@fif.com