SEC Rule Proposal on Minimum Pricing Increments, Access Fees and Transparency of Better Priced Orders

FIF has scheduled a call for Tuesday January 17 at 2 pm ET to discuss the recent SEC rule proposal on Minimum Pricing Increments, Access Fees and Transparency of Better Priced Orders. FIF has invited members of the Data and Technology Committee, the Front Office Committee and the Compliance and Surveillance Working Group to participate on this call. If you would like to participate on this call and are not a member of any of these groups, please update your FIF profile or contact fifinfo@fif.com.

POSTED Jan 17,2023

TRACE/Fixed Income Working Group

FIF has scheduled the next TRACE/Fixed Income Working Group for Thursday January 19 at 11 am ET. The agenda for the call will be to review a revised draft of the FIF comment letter on FINRA Regulatory Notice 22-26 (“FINRA Requests Comment on Proposed Changes to TRACE Reporting Relating to Delayed Treasury Spot Trades”). The Working Group also will discuss FINRA Regulatory Notice 22-28 (“TRACE Reporting of Foreign Sovereign Debt Securities: FINRA Adopts Amendments to Require Reporting of Transactions in U.S. Dollar-Denominated Foreign Sovereign Debt Securities to TRACE”). The Working Group also will provide an update on the FIF member call with MSRB representatives on the MSRB proposal to require reporting of municipal bond trades within one minute after execution.

POSTED Jan 17,2023

SEC Order Competition Rule Proposal

FIF has scheduled a call for Thursday January 19 at 2 pm ET to discuss the recent SEC rule proposal on Order Competition. FIF has invited members of the Data and Technology Committee, the Front Office Committee and the Compliance and Surveillance Working Group to participate on this call. If you would like to participate on this call and are not a member of any of these groups, please update your FIF profile or contact fifinfo@fif.com.

POSTED Jan 17,2023

Back Office Committee

The Back Office Committee will have its next call on Tuesday January 24 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month. The spotlight presenter will be Sheila Zak of the Options Clearing Corporation, who will provide an update on the OCC’s planned multi-year transition from ENCORE to the new Ovation platform (planned for launch in 2025). 

POSTED Jan 17,2023

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