The next meeting of the FIF Reg SHO/Short Interest Reporting Working Group is scheduled for Thursday, August 19, 2021 at 11 am ET. The agenda for this call is to continue the discussion of an FIF comment letter on FINRA Regulatory Notice 21-19, “FINRA Requests Comment on Short Interest Position Reporting Enhancements and Other Changes Related to Short Sale Reporting”.

On August 12, 2021, FIF sent out a survey request to get feedback from FIF member firms on what they consider to be the most important open issues relating to CAT CAIS. The purpose for this survey is to assist the Working Group to identify the key open issues on CAIS and discuss any next steps for following-up with the regulators on these issues. All responses will be anonymized. If we receive your firm’s response by end-of-day on August 17, 2021, the Working Group will discuss your response during the August 18, 2021 CAIS Working Group call. If we receive your response after August 17, 2021, the Working Group will discuss your response on a subsequent CAIS Working Group call.

FIF is continuing its series of webinars on the SEC Market Data Infrastructure Rule. The sixth installment of the series will focus on the 311-page order issued by the SEC on August 6, 2021 approving the NMS Governance Plan Regarding Consolidated Equity Market Data, as modified. The upcoming webinar will also discuss the takeaways from the SEC meeting scheduled later today, where they are planning to discuss the Governance plan. FIF plans to announce the panelists, date, and time of this webinar in the following days.

• Back Office Committee. On August 17th at 11am ET, a team from DTCC will come on our monthly committee call to present on their Securities Financing Transaction (SFT) Clearing Service.
• Data and Technology Committee. On August 18th at 10am ET, John Ramsay from IEX will come on to discuss changes to IEX’s retail program, which were approved recently by the SEC. They will be publishing a retail liquidity indicator on their prop feed and on the tape showing where there is trading interest for at least 100 shares willing to trade against retail orders at the midpoint.

The next meeting of the Rule 606 Working Group is scheduled for Tuesday, August 10, 2021 at 2 pm ET. The Working Group will continue its discussion of look-through for Rule 606 reporting of options routing and requesting interpretive guidance from the Securities and Exchange Commission.