FIF has scheduled a call for the Cybersecurity Working Group and the Compliance and Surveillance Working Group for Monday April 17 at 4 pm ET. The agenda for the call will be to discuss a rule filing submitted by The Options Clearing Corporation to the SEC that would require immediate notification of security incidents to the OCC and various follow-up notification requirements.

FINRA CAT has scheduled a Tech Specs Working Group call for Tuesday April 18 at 9 am ET. Presumably on this call FINRA CAT will review the April 11 updates to the CAT Technical Specifications document. FIF has forwarded the invite for this call to the members of the FIF CAT Transaction Reporting Working Group.

The Back Office Committee will have its next call on Tuesday April 18 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled an additional call this week for the CAT Transaction Reporting Group to continue the discussion of CAT reporting for RFQ responses. This call is scheduled for Tuesday April 18 at 3 pm ET.

FIF has scheduled a call for Thursday April 20 at 3 pm ET to continue the review and discussion of the SEC’s recent cybersecurity, Reg SCI and Reg S-P rule proposals. FIF has invited members of the following Working Groups to participate on this call: the Compliance and Surveillance Working Group; the Cybersecurity Working Group; and the newly-formed SEC Cyber, Reg SCI and Reg S-P Working Group. If you are interested in participating on this call and are not a member of any of these Working Groups, please update your FIF profile or contact This email address is being protected from...

On March 21 the SEC proposed a series of rule changes that would require broker-dealers to file annual financial reports (Form X-17A-5 Part III) and certain other reports (including Form 17-H) in Inline XBRL format. A FIF member is interested in discussing this SEC proposal with other FIF members. If you are interested in discussing this with other FIF members, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

FIF SEC Cyber, Reg SCI and Reg S-P Proposals Working Group. The Working Group reviewed and discussed the SEC’s recent cybersecurity rule proposal. FIF Cybersecurity Working Group. Greg Markovich, Senior Director in the FINRA Cyber Enabled Fraud (CEF) Group, presented to the FIF Cybersecurity Working Group, the FIF Compliance and Surveillance Working Group, and the newly-formed FIF SEC Cyber, Reg SCI and Reg S-P Working Group on FINRA’s 2023 cyber-related priorities and the results of prior FINRA cyber audits. FIF would like to thank Jim Dolan, the Chair of the FIF Cybersecurity Working...

Liquidnet is set to integrate actionable alerts to its equities trading application to improve execution and alpha generation. This latest addition to Liquidnet’s equities trading application, which is available to all US and Canadian clients and powered by the firm’s suite of algorithms, will offer improved liquidity-seeking capabilities through new alerts. These alerts will offer traders the ability to quickly take advantage of liquidity events created by dark blocks, alongside the chance to reengage within the Liquidnet network on missed opportunities to trade. Liquidnet has also...

Parameta Solutions, the Data & Analytics division of TP ICAP, has been approved as an ESMA authorised benchmark administrator, making it the first data provider to administer over-the-counter (OTC) benchmarks and indices across Europe and the UK. The move follows the FCA’s decision last May to authorise Parameta Solutions as a UK benchmark administrator.  As a result of Brexit, all UK benchmark administrators are required to apply for EU benchmark approval by the end of this year (December 31, 2023), in order to operate in the EU. By getting in front of this process...