The Back Office Committee will have its next call on Tuesday October 17 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

On Monday October 23 at 2 pm ET, Ignacio Sandoval of the Morgan Lewis Law Firm will review the SEC’s recent adoption of a rule to require Reporting of Securities Loans. FIF has invited members of the FIF Securities Lending Transparency Working Group to participate on this call. If you would like to participate on this call and are not a member of this Working Group, please update your FIF profile or send a note to fifinfo@fif.com.

FIF has scheduled the next call for the FIF Rule 606 Working Group for Monday October 23 at 3:30 pm ET. This will be a ½ hour call and will focus on questions submitted by FIF members relating to Rule 606

FIF has scheduled a call for Tuesday October 24 at 2 pm ET to review regulatory reporting fines for 2022 and 2023, including CAT, EBS, LOPR, Rule 605, Rule 606, short interest reporting, swap data reporting, TRACE, trade advertising and TRF/ORF. All firm names and dates are excluded from the presentation. If any reporting areas are not covered on this call, they will be covered on a future call. FIF has invited members of the Compliance and Surveillance Working Group to participate on this call. FIF has also created a new Regulatory Reporting Fines Working Group. If you are not a member of either Working Group and would like to participate on this call, please update your FIF profile or contact fifinfo@fif.com.   

The SEC has scheduled an open meeting for Wednesday October 18 at 10 am ET on Volume-Based Exchange Transaction Pricing for NMS Stocks. According to the agenda published by the SEC, the SEC “will consider whether to propose a new rule to prohibit national securities exchanges from offering volume-based transaction pricing in connection with the execution of agency-related orders in NMS stocks; and to require national securities exchanges to have certain anti-evasion rules and written policies and procedures and disclose certain information if they offer volume-based transaction pricing for member proprietary volume in those stocks.”