On March 5, FIF submitted a letter to the SEC, the CAT Plan Participants and FINRA CAT on the removal of PII from CAT. The letter also discusses the need to retire electronic blue sheets. FIF would like to thank the members of the CAT CAIS and CAT Transaction Reporting Working Groups for their contributions in the drafting of this letter.

FIF has scheduled the next call for the OFR Repo Reporting Working Group for Monday March 10 at 11 am ET. The Working Group will continue its discussion of the implementation of reporting non-centrally cleared bilateral repos to the Treasury Department’s Office of Financial Research.

FIF has scheduled two calls this week for the SLATE Working Group. The first call will be on Tuesday March 11 at 11 am ET; the second call will be Thursday March 13 at 11 am ET. The Working Group will continue its discussion of the implementation of SLATE reporting.

The next call for the Rule 605 Working Group will be on Tuesday March 11 at 2 pm ET. The Working Group will review a draft letter to the SEC to request an extension of the implementation date for the amendments to Rule 605 adopted by the SEC in 2024. The Working Group will also discuss a draft customer disclosure relating to the new Rule 605 summary report.

FIF has scheduled a joint call for the CAT CAIS and CAT Transaction Reporting Working Groups for Wednesday March 12 at 11 am ET to continue the discussion of the removal of PII from CAT and the need to retire EBS.

The CAT Transaction Reporting Working Group will have its next call on Wednesday March 12 at 2 pm ET. The Working Group will continue its discussion of a revised draft request for exemption relating to the CAT reporting of port settings. The Working Group will also discuss representative order linkage, potential strategies to address CAT costs, and feedback from FINRA CAT in response to recent FIF comments and questions.

FIF has scheduled the next call for the SEC Transition Working Group for Thursday March 13 at 2 pm ET. The Working Group will continue its discussion of issues and recommendations for FIF to raise with the incoming SEC Chair during 2025. If you are interested in this topic and are not a member of this Working Group, you can update your FIF profile or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

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

SLATE Working Group. FIF hosted two calls this past week for the SLATE Working Group. During the first call, the Working Group discussed the applicability of SLATE to funding trades, requesting an extension for SLATE implementation, reporting the CRD and IARD fields, and cross-border scenarios. During the second call, the Working Group discussed SLATE validation of the lending fee, rebate rate and other fees fields, reporting the borrower type field, the timeframe for repairs, and the application of SLATE reporting to pay-for-hold transactions. OFR Repo Reporting Working Group. The...