FIF is excited to announce our 2023 Year-End Holiday Event, sponsored by Societe Generale. After opening remarks from Greg Zielinski, Chief Operating Officer (COO) of Société Générale Americas, there will be two panels, with the first one focusing on implementation challenges of new regulations in 2024 and beyond. The regulatory panel will feature Mark Davies of S3, Michael Lurie of Credit Suisse, Judy McDonald of SIG and Ignacio Sandoval of Morgan, Lewis & Bockius LLP. The second panel will be focusing on technology, specifically trading and market data in the cloud and...

FIF has scheduled a follow-up call for Tuesday November 28 at 10:30 am to continue last week’s discussion of implementing clock synchronization requirements for debt securities based on FINRA Rule 4590, Supplementary Material .02. If you would like to participate in this discussion and are not already included in this subgroup, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF has scheduled an additional call this week for the CAT Transaction Reporting Working Group. The call will be on Tuesday November 28 at 2 pm ET and will focus on whether the CAT system can filter invoices for a CAT reporter based on the CAT submitter and the CAT reporter IMID. This will be in addition to the regularly scheduled CAT Transaction Reporting Working Group call on Wednesday November 29 at 2 pm ET.

FIF has scheduled the next call for the FIF Tax Information Reporting Working Group for Tuesday November 28 at 3 pm ET. Stevie Conlon of Wolters Kluwer will discuss the recent IRS regulations for crypto. FIF also has invited the members of the FIF Crypto, Digital Assets and Blockchain Working Group to participate on this call.

The Data and Technology Committee will have its next call on Wednesday November 29 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 Stephen Dorrian of Cboe, who will discuss market data in Europe.

On Wednesday November 29 at 4:15 pm ET, FINRA CAT will host a webinar titled “Part 1: CAIS Releases”. Because of the webinar, FIF has moved the FIF CAIS Working Group call for this week to Thursday November 30 at 2pm ET.

An FIF member would like to discuss with other members guidance from the SEC and FINRA on fully-paid lending from an omnibus account. If you would like to participate in this discussion, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

On November 22, FIF submitted a letter to the SEC on the implementation of CAT billing.  

Clock Synchronization Requirements for Debt Securities. FIF hosted a call for FIF members to discuss implementing clock synchronization requirements for debt securities based on FINRA Rule 4590, Supplementary Material .02. FIF Front Office Committee. The Front Office Committee reviewed applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. FIF CAT Transaction Reporting Working Group. The CAT Transaction Reporting Working Group discussed a November 17 FIF call with SEC representatives on the implementation of CAT billing. The Working Group...