Bloomberg has released the New Common Data Format 3.1 for Legal Entity Identifiers (LEIs) and received a second accreditation as an LEI issuer for funds. As an accredited Local Operating Unit of the Global LEI System, Bloomberg can issue and maintain LEIs through its web portal lei.bloomberg.com or on The Bloomberg Terminal at LEI <GO>. To streamline capturing the new data requirements of CDF 3.1, Bloomberg revamped its LEI web portal with an enhanced user experience, additional functionality and greater storage capacity. This newest Common Data Format, published...

Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank that accelerates Wall Street’s embrace of cryptocurrencies. The secured lending facility lent cash collateralized by Bitcoin owned by the borrower, a spokeswoman for the bank said. The deal was interesting to Goldman because of its structure and 24-hour risk management. Wall Street banks are ramping up their crypto offerings after a surge in price and popularity chipped away years of prior resistance. For Goldman, which traded its first...

On April 25, 2022, FIF submitted a comment letter on the SEC’s proposal to mandate a new buy to cover order marker for all buy orders. FIF would like to thank the members of the FIF Short Sales/Reg SHO/Short Interest Reporting Working Group for identifying this issue and for their contributions to this comment letter.

FIF has scheduled an additional CAT CAIS Working Group call for this week to focus on the updates to the CAIS Reporting Scenarios posted by FINRA CAT on April 22, 2022. This call is scheduled for Monday May 2, 2022 at 11 am ET. This call is in addition to the regularly-scheduled CAIS Working Group calls on Wednesday and Friday.

The CAT Monthly Update Working Group will meet on Thursday May 5, 2022 at 2 pm ET to review guidance and updates from the SROs and FINRA CAT on CAT transaction reporting and CAT CAIS reporting during the prior month. The Working Group also will review the current areas of focus for FIF members and the current open issues for CAT transaction reporting and CAT CAIS reporting.

At the request of several FIF member firms, FIF has scheduled a call for the Compliance Working Group that will focus on trade surveillance issues. FIF has scheduled this call for Tuesday May 17, 2022 at 2 pm ET. If you would like to participate on this call and are not a member of the Compliance Working Group, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.. Please also contact us if you would like to discuss any specific issues relating to trade surveillance.

FIF Short Sales/Reg SHO/Short Interest Reporting Working Group. The FIF Short Sales/Reg SHO/Short Interest Reporting Working Group completed its review of a comment letter on the SEC’s recent proposal to mandate a new buy to cover order marker. FIF Front Office Committee. The FIF Front Office Committee reviewed applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. Please find the April agenda here. Data and Technology Committee. The FIF Data and Technology Committee reviewed capacity, latency and volume data for the prior month for the...

FIF has scheduled an additional CAT CAIS Working Group call for this week to focus on the CAIS Technical Specification updates posted by FINRA CAT on April 8, 2022. This call is scheduled for Monday April 25, 2022 at 11am ET. This call is in addition to the regularly-scheduled CAIS Working Group calls on Wednesday and Friday.

The FIF Short Sales/Reg SHO/Short Interest Reporting Working Group will meet on Monday April 25, 2022 at 2pm ET to continue its review of a draft comment letter on the SEC’s recent proposal to mandate a new buy to cover order marker. The comment period ends on April 26.