On August 19, FIF members and FIF participated in meetings with SEC, FINRA and Treasury Department representatives. The topics of discussion included CAT, CAIS, electronic blue sheets, large trader reporting, Rule 605, Rule 606, FINRA Rule 6470, short position reporting, short interest reporting, SLATE, TRF, extended exchange trading hours, and the extension of the TRF hours of operation.
FIF Submits Letter to SEC on Implementation of Rule 605
On August 20, FIF submitted a letter to the SEC relating to implementation of the Rule 605 amendments. FIF would like to thank the members of the Rule 605 Working Group for their contributions in the drafting of this letter.
FIF Submits Comment Letter to SEC on CAT PII
On August 21, FIF submitted a comment letter to the SEC on the amended rule filing by CAT LLC to remove PII from CAT. FIF would like to thank the members of the CAT CAIS and CAT Transaction Reporting Workings Groups for their contributions in the drafting of this comment letter.
OFR Repo Reporting Working Group
FIF has scheduled a call for the OFR Repo Reporting Working Group for Monday August 25 at 11 am ET. The Working Group will discuss new FAQs and FAQ updates published by the Treasury Department’s Office of Financial Research.
24x7 Trading Working Group
The next call for the 24x7 Trading Working Group will be on Monday August 25 at 2 pm ET. The Working Group will discuss a revised draft FIF letter to the SEC relating to the planned expansion of exchange trading hours for US equities.
FIF Data & Technology Committee
The Data & Technology Committee will have its next call on Wednesday August 27 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter will be Ed Tom of Cboe Global Markets, who will discuss VIX Decomposition.
CAT PII, CAT Transaction Reporting and CAIS
FIF has scheduled a joint call for the CAIS and CAT Transaction Reporting Working Groups for Wednesday August 27 at 2 pm ET. The Working Groups will continue the discussion of a proposal from an FIF member to combine the CAIS system into CAT.
SLATE Working Group
The next call for the SLATE Working Group will be on Thursday August 28 at 11 am ET. The Working Group will continue its discussion of a draft FIF letter to the SEC and FINRA relating to the implementation of SLATE reporting.
Reg NMS: Odd Lots on the SIPs
FIF has scheduled a joint call for the Data and Technology Committee and the Equity Market Regulations Working Group for Wednesday September 3 at 3 pm ET. The Working Groups will continue the review of the documentation published by SIAC and the UTP relating to odd-lot data being added to the SIP market data feeds.