On December 15, FIF submitted a supplemental comment letter to the SEC relating to the expansion of the TRF hours of operation. FIF would like to thank the members of the TRF / ORF Working Group for their contributions in the drafting of this comment letter.

FIF has scheduled a joint call for the Data & Technology Committee and the Front Office Committee for Monday December 22 at 1 pm ET to discuss the recent CT Plan amendment relating to market data fees.

FIF has scheduled a joint call for the CAT Transaction Reporting and CAIS Working Groups for Monday December 22 at 2 pm ET. The Working Groups will discuss the recent rule filing by CAT LLC to reduce CAT operating costs and other issues relating to CAT Transaction Reporting, CAIS and CAT billing.

FIF has scheduled a call for the Rule 605 Working Group for Tuesday January 6 at 1 pm ET. The Working Group will continue the discussion of open interpretive questions relating to implementation of the Rule 605 amendments, including reporting for different order types and orders with different characteristics. 

FIF has scheduled a joint call for the Back Office Committee and the Digital Asset Securities Working Group for Tuesday January 6 at 2 pm ET to continue the discussion of the no-action letter granted by the SEC to DTC relating to the DTCC Tokenization Services.

FIF has scheduled a call for the SLATE Working Group for Thursday January 8 at 11 am ET. The Working Group will continue its discussion of issues relating to SLATE implementation to raise with the SEC and FINRA. 

FIF has scheduled the January CAT Monthly Update Working Group call for Thursday January 8 at 2 pm ET. The Working Group will review guidance and updates from the CAT Plan Participants and FINRA CAT on CAT Transaction Reporting, CAT CAIS and CAT billing during the prior month. The Working Group will also review the current areas of focus for FIF members and the current open issues for CAT Transaction Reporting, CAT CAIS and CAT billing.

SLATE Working Group. The SLATE Working Group continued its discussion of issues to raise with the SEC. The Working Group discussed including ISLA representatives on an upcoming SLATE Working Group call. The Working Group discussed a draft FIF letter to FINRA relating to the SLATE securities list and reporting for evergreen term loans. The Working Group discussed references to Eastern Time and UTC for SLATE reporting. Rule 605 Working Group. The Rule 605 Working Group continued its discussion of reporting for different order types and orders with different characteristics, including Add...

OCC, the world’s largest equity derivatives clearing organization, announced that State Street is the first bank to become an OCC clearing member. OCC will provide central counterparty clearing and settlement through its Stock Loan Program for State Street’s Prime Services platform, which offers integrated custody-based securities lending solutions to investors. Brendan Eccles, global head of Prime Services at State Street said, “As a market leader with our Prime Services business, becoming an OCC clearing member was a strategic milestone reflecting the growing importance of central...