FIF has scheduled a call for the SEC Equity Market Proposals Working Group for Monday December 2 at 1 pm. The Working Group will continue the discussion of the implementation of the SEC’s amendments to Regulation NMS.

FIF has scheduled two calls for this week for the CAT Transaction Reporting Working Group. The first call will be on Monday December 2 at 2 pm ET; the second call will be on Thursday December 5 at 11 am ET. The Monday call will focus on draft FIF comment letters on verbal activity and CAT cost savings; the Thursday call will focus on the reporting by a routing broker of default settings applied by a receiving firm.

FIF has scheduled a call for the Short Sales / Reg SHO / Short Reporting Working Group for Wednesday December 4 at 10 am ET. The Working Group will continue to discuss the implementation of short position reporting, including an update on a call with the SEC on December 2. The Working Group will also discuss a question from an FIF member relating to the bona-fide market making exception from the Reg SHO locate requirement.

The CAT Monthly Update Working Group call for December will be on Thursday December 5 at 2 pm ET. The Working Group will review guidance and updates from the CAT Plan Participants and FINRA CAT on CAT Transaction Reporting, CAT CAIS and CAT billing during the prior month. The Working Group will also review the current areas of focus for FIF members and the current open issues for CAT Transaction Reporting, CAT CAIS reporting and CAT billing.

The Back Office Committee will have its next call on Tuesday December 10 at 10 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled the next call for the Tax Information Reporting Working Group for Wednesday December 11 at 3 pm ET. Representatives from Wolters Kluwer will discuss special broker reporting considerations for dual classification assets and tokenized securities. 

The next call for the Digital Asset Securities Working Group will be on Thursday December 12 at 11 am ET. The Working Group will review a draft FIF letter to the SEC on custody by special purpose broker-dealers.

The Emerging Technologies Working Group will have its next call on Thursday December 12 at 4 pm ET. The spotlight presenter will be Bill Genovese of Kyndryl, who will discuss Quantum Computing in Capital Markets.

Short Position Reporting. The FIF Short Sales / Reg SHO / Short Reporting Working Group continued its discussion of the implementation of short position reporting. FIF members provided an update to the Working Group on a November 22 call with representatives from the SEC’s Division of Trading and Markets and Division of Economic and Risk Analysis relating to the calculation of Form SHO reportable amounts. The Working Group discussed reporting requirements relating to LEIs, CUSIPs and FIGIs, calculating whether a firm meets Threshold A for a security, and how settlement dates should be...