FIF has scheduled a call for Monday June 5 at 11 am ET to review and discuss final changes to the FIF comment letter on the SEC’s recent cybersecurity, Reg SCI and Reg S-P rule proposals.

FIF has scheduled the next call for the Rule 605 Working Group for Tuesday June 6 at 3 pm ET. The Working Group will review and discuss a revised draft supplemental FIF comment letter on the SEC’s rule proposal on Disclosure of Order Execution Information.

The next call for the FIF Rule 606 Working Group is scheduled for Wednesday June 7 at 3 pm ET. The Working Group will review a revised draft supplemental FIF comment letter to the SEC on the FINRA rule proposal for order routing disclosures for OTC equities. The comment letter is focused on the scenario where a reporting firm routes child orders to multiple execution venues for a single parent order.

On Tuesday June 13 at 3 pm ET, Atulya Jyoti of Kyndryl will present to the Emerging Technologies Working Group on Mainframe Data Democratization in Capital Markets. Legacy mainframe applications and operations remain central to nearly all major capital markets firms. Trade processing, custody, and fund administration continue to require the secure, high-volume, and scalable platforms mainframes provide. So how can companies unlock value from all this mainframe data, exposing it to modern AI and analytics tools often only available on the cloud? In this talk we will look at an emerging capability known as data democratization which uses modern data pipelines to drive innovation and monetization for data on the mainframe, and examples of how it can transform capital market processes.

Because of the SEC open meeting scheduled for Wednesday June 7 at 10 am ET, which will include a vote on the CAT Executed Share Model, FIF is cancelling the regularly-scheduled CAIS call for this week. FIF will schedule a CAIS call for Thursday this week if requested by FIF members. FIF will host the regularly-scheduled CAT Transaction Reporting Working Group call on Wednesday June 7 at 2 pm ET.