On Tuesday February 15 at 2 pm ET, Ignacio Sandoval and Kyle Whitehead of the Morgan Lewis law firm will present on the SEC’s recently-proposed amendments to Regulations ATS and Regulation SCI. The amendments propose to apply Regulation ATS and Regulation SCI to ATSs that trade Treasury and agency securities and repos on those securities. The amendments also propose to expand the ATS definition to include RFQ and other trading systems. The invite for this presentation has been sent to the members of the FIF ATS, Compliance and TRACE/Fixed Income Working Groups and the FIF Front Office and...

FIF has scheduled an additional call this week for the FIF CAT CAIS Working Group to review the updated versions of the CAT CAIS Industry Member Reporting Scenarios published by FINRA CAT on January 28, 2021 and February 4, 2022. The call will be on Monday February 14 at 11am ET. This will be in addition to the regularly-scheduled Wednesday and Friday CAIS calls this week.

The FIF TRACE Working Group will meet on Thursday February 17 at 11am ET to continue its discussion of the rule adopted by the Federal Reserve Board to expand TRACE reporting for Treasury and agency securities to certain depository institutions that are not broker-dealers. The Working Group will continue its review of draft FIF member questions to FINRA relating to implementation of the new reporting requirements

The FIF Rule 606 Working Group will meet on Thursday February 17 at 2pm ET to continue its discussion of the draft interchange report to facilitate Rule 606(a) options look-through reporting. The Working Group also will discuss the FINRA proposal to require reporting for routes in OTC equities and review a recent filing by the SEC with the Office of Management and Budget (OMB) that estimates the annual costs to the industry for Rule 606 compliance.

The FIF Back Office Committee will meet on Tuesday February 15 at 11am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month. The spotlight presenter for the meeting will be Patrick Barthel of DTCC, who will discuss DTC’s new automated process for submitting instructions for voluntary corporate actions in ISO 20022 format.

The FIF Front Office Committee will meet on Tuesday February 22 at 11am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. The spotlight presenter for the meeting will be Hitesh Mittal, CEO of BestEx Research, who will discuss his paper on Queue Jumping and Smart Order Routing for Passive Limit Orders in the US Equity Market.

The FIF Data and Technology Committee will meet on Wednesday February 23 at 10am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter for the meeting will be Lain Garret of Cboe Global Markets, who will discuss Cboe’s fixed income initiatives.

On Monday March 7, 2022 at 4pm ET, FIF will host a webinar on Current Developments in Trading Technology. The webinar will include discussion of the following topics: converting voice communications to structured electronic data; 24-hour trading; trends in working from home and returning to the office; outsourced trading; risk data and analytics; inter-operability; and machine learning. Later this week FIF will send out a registration notice announcing further details about the webinar.

On Thursday March 10, 2022 at 3pm ET, FIF will host a spotlight presentation on Chief Compliance Officer liability. Patrick Campbell of the Baker Hostetler law firm, Adam Felsenthal, General Counsel of Great Point Partners, and Scott Gluck of the Duane Morris law firm will discuss a report by the Compliance Committee of the New York City Bar Association that details concerns about compliance officer liability and calls on regulators to provide limitations and guidance on when a compliance officer should be charged. They will also discuss the “no under influence over chief compliance...