On Thursday February 22 at 11 am ET, Ignacio Sandoval of the Morgan Lewis law firm will review the rule adopted by the SEC to expand the definition of “dealer” under the Securities Exchange Act. FIF has invited the members of the Compliance and Surveillance Working Group and the SEC/FINRA Regulations Working Group to participate on this call. If you would like to participate on this call and are not a member of either Working Group, please update your FIF profile or contact fifinfo@fif.com.

The Data & Technology Committee will have its next call on Wednesday February 28 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, option, currency, crypto and futures markets. The spotlight presenters will be Alex Mirarchi and Mike Perna of Amazon Web Services, who will discuss their recent white paper on Running an Exchange in the Cloud. FIF has also invited the members of the FIF Emerging Technologies Working Group to participate on this call.

An FIF member would like to discuss with other FIF members the FINRA rule change relating to Residential Supervisory Locations (“RSLs”) and FINRA Regulatory Notice 24-02, which provides implementation details for designating RSLs. If you are interested in participating in this discussion, please contact fifinfo@fif.com, and we will include you in the discussion.

FIF has scheduled two additional calls for the CAT Transaction Reporting Working Group for this week. On Monday February 5 at 2 pm ET, the Working Group will continue its discussion of CAT billing and reconciliation. On Thursday February 8 at 11 am ET, the Working Group will discuss linkage of representative to customer orders and linkage of order fulfillments to principal and riskless principal orders. The Monday and Thursday calls are in addition to the regularly-scheduled CAT Transaction Reporting Working Group call on Wednesday February 7 at 2 pm ET and the regularly-scheduled CAIS Working Group call on February 7 at 11 am ET.

The SEC has scheduled an open meeting for Tuesday February 6 at 10 am ET (rescheduled from January 31). At the meeting, “The Commission will consider whether to adopt new rules to further define the phrase ‘as a part of a regular business’ as used in the statutory definitions of the terms ‘dealer’ and ‘government securities dealer’ under the Securities Exchange Act of 1934, in connection with certain liquidity providers.” You can access the meeting from the SEC’s home page at the scheduled start time for the meeting.