The Front Office Committee will have its next call on Tuesday February 25 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.
Options Regulatory Fee
FIF has scheduled a call for Tuesday February 25 at 2 pm ET to continue the discussion of planned changes relating to the Options Regulatory Fee. If you are interested in this topic and do not have this invite in your calendar, please contact This email address is being protected from spambots. You need JavaScript enabled to view it. and we will include you in this discussion.
Data & Technology Committee
The Data & Technology Committee will have its next call on Wednesday February 26 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets.
CAT Transaction Reporting and CAT CAIS Working Groups
FIF has scheduled two CAT Working Group calls for this week. The first call will be a joint call for the CAT Transaction Reporting and CAT CAIS Working Groups on Wednesday February 26 at 11 am ET. During this call, the Working Groups will discuss a revised draft FIF letter in response to the SEC’s February 10 Exemptive Order to remove PII from CAT. The second call will be for the CAT Transaction Reporting Working Group and is scheduled for Wednesday February 26 at 2 pm ET. The second call will focus on port settings, representative order linkage, CAT costs and other CAT Transaction...
Securities Lending Transparency (SLATE) Working Group
FIF has scheduled the next call for the SLATE Working Group for Thursday February 27 at 10 am ET. The Working Group will continue its review of FINRA’s February 12 updates to the SLATE Technical Specification. The Working Group will also continue its discussion of the SEC approval of the FINRA rule filing for SLATE and current open interpretive issues.
SEC Transition Working Group
FIF has scheduled the next call for the SEC Transition Working Group for Thursday February 27 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..
Schulte Law Firm Presentation on 2025 FINRA Annual Regulatory Report
On Wednesday March 5 at 11 am ET, William Barbera and Derek Lacarrubba from the Schulte law firm will discuss the 2025 FINRA Annual Regulatory Oversight Report. FIF has invited the members of the Compliance and Surveillance Working Group to participate on this call.
Working Group Updates 2/24/2025
SLATE Working Group. The SLATE Working Group discussed the revised draft of the SLATE Participant Specification published by FINRA, including the definitions of required, conditional, optional and voluntary fields, the reporting of conditional and optional fields, the new Loan Termination event, the termDate and terminationDate fields, various termination and correction scenarios, and the need for FINRA to provide schemas and sample file submissions.
Short Position Reporting. The FIF Short Sales / Reg SHO / Short Reporting Working Group continued its discussion of the implementation of...
Cboe’s ‘Follow the Sun’ Model Will Help 24×5 US Equities Trading
Cboe operates 27 markets across five asset classes in the US, Asia Pacific and Europe. In its proprietary derivatives suite, Cboe offers near 24×5 trading in its S&P 500 Index (SPX) options, and Cboe Volatility Index (VIX) options and futures markets. In addition, Cboe’s foreign exchange markets already trade 24×5. Cboe said it continues to increase distribution of its US equities market data to complement the planned expansion. The Cboe One U.S. Equities Feed is available to customers globally and offers consolidated, real-time market data from Cboe’s four US equities exchanges, which...