FIF submitted a comment letter on June 19, 2017 in response to FINRA's Special Notice on potential enhancements to their engagement programs.  To review FIF's letter, please click the link here.

Pershing has launched FundVest ETF, an exchange-trade fund platform with no transaction fees, purchase minimums or holding fees. All Pershing clients will have access to FundVest ETF, as Pershing responds to growing ETF demand. ETF inflows on the Pershing platform grew by 20% last year, and a recent Pershing survey of financial advisors indicates the use of ETFs is likely to keep rising. FundVest ETF compliments the FundVest mutual fund platform, which also features no transaction fees. Current Pershing clients can access FundVest ETF via NetX360 as part of the ETF Center, which provides...

FIF is currently in the final testing phase of it's solutions provider & vendor page, which is planned to go live in the next couple of weeks. The solutions provider & vendor page is designed to provide FIF members an opportunity to highlight any news items or products on FIF's website that they would like to share with peers.  If you would like further information about this new program, please contact the program office at This email address is being protected from spambots. You need JavaScript enabled to view it.

Thomson Reuters has teamed up with investment bank-backed communications firm Symphony and integrated their respective messaging platforms. The partnership will allow users to share Thomson Reuters’ Eikon content, news and data through Symphony’s communications service. Symphony’s messaging platform is used as a replacement for traditional email and voice systems to communicate securely both internally and externally. The Symphony community currently contains more than 200,000 licenses across 170 companies including 40 asset management firms and 25 global banks.

Morgan Stanley is rolling out the welcome mat for the investing masses, part of a push to get a foothold with a new generation of wealth-management clients, according to a story in The Wall Street Journal. Starting this fall, investors with as little as $5,000 can use the New York bank’s robo-advisory service, known as Morgan Stanley Access Investing. Since ramping up in wealth management several years ago with the acquisition of Citigroup Inc.’s Smith Barney brokerage, Morgan Stanley has pushed its brokers to meet the investing needs of individuals with millions of dollars....

Per recent discussions and consensus within the FIF Retail 605/606 Execution Quality Working Group, FIF will be expanding its Retail Execution Quality Template to include Marketable Limits.  If you would like to learn more, please contact the program office at This email address is being protected from spambots. You need JavaScript enabled to view it.

FIF met with FINRA CEO Robert Cook on May 31 to discuss various industry initiatives.  FIF greatly appreciated the opportunity to meet with Robert Cook and looks forward to our continued productive relationship with FINRA.

FIF will be hosting an informational session on the impact of MiFID II to U.S. Broker-Dealers, presented by Matt Coupe of Barclays on Tuesday, June 6th at 10:00 AM ET.  For more information, please contact the program office at This email address is being protected from spambots. You need JavaScript enabled to view it..

EASE THE BURDEN OF MANAGING REGULATORY CHANGE Join our live demo on Tuesday, June 13 at 2:00 p.m. Eastern Time REGISTER Thomson Reuters can help compliance professionals cut through the complexity of regulatory developments and meet regulatory requirements with greater ease and efficiency. Thomson Reuters Regulatory Change Management provides an automated approach to the regulatory change management process, offering enhanced content integration and...