FIF has scheduled an additional call this week for the CAT Transaction Reporting Working Group to continue the discussion of CAT reporting for RFQ responses. This call is scheduled for Tuesday May 9 at 3 pm ET.

On Friday April 28, FIF sent out two survey requests to FIF members relating to CAT Transaction Reporting: the first survey request relates to a Plan Participant proposal for scheduled linkage in the CAT production mirror environment; the second survey request relates to QA reviews of CAT events. FIF has requested that FIF members respond to the survey requests by Monday May 15. All survey responses will be anonymized.

The next call for the FIF Tax Information Reporting Working Group will be on Thursday May 18 at 3 pm ET. Stevie Conlon and other representatives from Wolters Kluwer will present on proposed regulations for crypto tax reporting.

On April 26, FIF submitted a comment letter to the SEC on a rule filing submitted by The Options Clearing Corporation (OCC) that would require immediate notification of security incidents to the OCC and various follow-up notification requirements. FIF would like to thank the members of the FIF Compliance and Surveillance Working Group and the FIF Cybersecurity Working Group for their contributions in the drafting of this comment letter.

On April 27, FIF submitted a supplemental comment letter to the Municipal Securities Rulemaking Board (MSRB) in response to a proposal by the MSRB to reduce the timeframe for reporting trades in municipal bonds. This comment letter was a supplement to the comment letter submitted by FIF to the MSRB in October 2022. FIF would like to thank the members of the FIF TRACE Working Group for their contributions in the drafting of this supplemental comment letter.