FIF is excited to announce our 2024 Year-End Holiday Event, hosted by Société Générale on December 3rd from 3:00 pm to 7:30 pm ET. Join us for insightful discussions on Regulatory Implementation Challenges, Retail Trading, Expanded Trading Hours, and FIF working group/comment letter updates. The event will take place at the offices of Société Générale at 245 Park Avenue, New York, NY. Registration and networking begins at 3 pm ET. The panel discussions will be from 4-6 pm ET, with refreshments and networking afterwards from 6-7:30 pm ET. FIF would like to thank Société Générale for hosting...

On October 21, FIF submitted a comment letter to the SEC and the other financial regulators on the Notice of Proposed Rulemaking to implement certain requirements of the Financial Data Transparency Act (“FDTA”). FIF would like to thank the members of the FDTA Working Group for their contributions in the drafting of this comment letter.

On October 22, FIF submitted a letter to the Treasury Department’s Office of Financial Research (“OFR”) relating to implementation of the new requirement to report non-centrally cleared bilateral repos to the OFR. FIF would like to thank the members of the OFR Repo Reporting Working Group for their contributions in the drafting of this letter.

On October 25, FIF submitted a comment letter to the SEC in support of the rule filing by the CAT Plan Participants to reduce CAT operating costs. FIF would like to thank the members of the CAT Transaction Reporting Working Group for their participation in the drafting of this comment letter.

FIF has scheduled two calls for this week for the Short Sales / Reg SHO / Short Position Reporting Working Group. The first call will be on Monday October 28 at 10 am ET; the second call will be on Tuesday October 29 at 11 am ET. The Working Group will continue to discuss the implementation of short position reporting, including an update on a call with SEC representatives on October 24 and the review of a draft FIF letter to the SEC relating to the draft Form SHO technical documentation.

FIF has scheduled the next call for the OFR Repo Reporting Working Group for Monday October 28 at 11 am ET. The Working Group will continue to discuss the implementation of the new requirement to report non-centrally cleared bilateral repos to the Treasury Department’s Office of Financial Research.

FIF has scheduled two calls for the CAT Transaction Reporting Working Group call for this week. The first call will be on Monday October 28 at 1 pm ET; the second call will be on Wednesday October 30 at 2 pm ET. FIF has not scheduled a CAIS Working Group call for this week.

FIF has scheduled a call for Tuesday October 29 at 1 pm ET to discuss the recent NSCC rule change on fractional share trading. FIF has invited the members of the Back Office and Front Office Committees to participate on this call.

The Data and Technology Committee will have its next call on Wednesday October 30 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter will be Steve Dickey from OPRA, who will discuss the OPRA Multicast Dynamic Rebalance Plan.