Bloomberg has launched a new a quotation transparency product for broker-dealers operating in the fixed income markets. The product will provide broker-dealers with information that can be integrated into their compliance program to help identify fixed income securities that may be impacted by the SEC Rule 15c2-11. The amendments to SEC Rule 15c2-11, made in October 2020, require broker-dealers to review certain current and publicly available information about an issuer of a security not listed on a US exchange prior to initiating or resuming quotations for the security through a quotation...

Citi China has established the clearing and settlement route with China Securities Depository and Clearing Corp’s (CSDCC) for the new Beijing Stock Exchange and the National Equities Exchange and Quotation (NEEQ).  In September last year, Chinese President Xi Jinping announced plans for the creation of a new bourse in Beijing, making it the third stock exchange on the Chinese mainland after the Shanghai Stock Exchange and the Shenzhen Stock Exchange.  The new Beijing Stock Exchange is fully owned by the Beijing-based NEEQ, an existing platform dealing in...

Cboe Europe and EuroCCP have partnered with commission-free platform, Freetrade, to give retail investors in the UK access to the pan-European markets. Through direct memberships with the pan-European exchange and clearinghouse the platform has extended its user access, beginning with German and Finnish listed stocks and with plans to extend this remit further to include Austria, Belgium, Netherlands, Portugal and Sweden. Retail investors will be able to access liquidity in stocks and exchange traded funds (ETFs) via Cboe Europe and pan-European equities and exchange traded fund (ETFs)...

The next meeting for the FIF Securities Lending Transparency Working Group is scheduled for Tuesday January 11 at 2 pm ET. This Working Group is preparing a comment letter on the SEC’s November 18 rule proposal to create a new reporting system for securities lending. During January this group is scheduled to meet on Tuesdays at 2pm ET and Thursdays at 11am ET until the comment letter is completed. To subscribe to this group, please either update your profile or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

On Monday January 10 at 3pm ET, Ignacio Sandoval of the Morgan Lewis law firm will present a buy-side perspective on the SEC’s recent Securities Lending Transaction rule proposal. The invite for this presentation has been sent to the members of the FIF Securities Lending Transparency Working Group. To subscribe to this group, please either update your profile or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

On Thursday January 20 at 3pm ET, Satish Kini of the Debevoise law firm will review the recent rule proposal by FinCEN to create a beneficial ownership registry. The invite for this presentation has been sent to the members of the FIF Compliance and CAIS Working Groups. To subscribe to either group, please either update your profile or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

On Thursday January 20 at 10am ET, Ignacio Sandoval and Kyle Whitehead of the Morgan Lewis law firm will provide an overview of the SEC’s recent rule proposal relating to electronic recordkeeping. The invite for this presentation has been sent to the members of the FIF Back Office Committee and the Compliance, Cybersecurity and Emerging Technologies Working Groups. If you are interested in attending this presentation and do not have the invite in your calendar, please either update your profile or email us at This email address is being protected from spambots. You need JavaScript enabled...

On Tuesday January 18 at 11am ET, Matt Cohen, CEO of Provable Markets, will discuss his firm’s role as an Approved Securities Finance Transaction Submitter for the upcoming DTCC SFT Clearing Service. This presentation will be part of the FIF monthly Back Office Committee call.

On December 15, FIF and the FIF CAIS Co-Chairs participated on a call with representatives from the SEC and the CAT Operating Committee to discuss CAT CAIS reporting issues. During the call, the SEC staff requested that FIF provide feedback from FIF members on the challenges with reporting addresses at the CAT Customer level for accounts with multiple Beneficial Owners and reporting CAIS data for Authorized Traders. FIF has sent a survey to members of the CAIS Working Group on these topics. FIF requests that members respond to the survey on or before Wednesday January 12.