On July 11, FIF submitted a comment letter to the SEC in response to the rule filings by FINRA and the MSRB relating to the TRACE and RTRS reporting timeframes and the reporting of allocations to TRACE. FIF would like to thank the members of the TRACE / RTRS Working Group for their contributions in the drafting of this comment letter.

The next call for the 24x7 Trading Working Group will be on Monday July 14 at 2 pm ET. The Working Group will continue its discussion of a draft FIF letter to the SEC relating to the planned expansion of exchange trading hours for US equities. If you are interested in participating in this discussion and are not a member of this Working Group, please update your FIF profile to add this Working Group or send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

The next call for the SLATE Working Group will be on Tuesday July 15 at 10 am ET. The Working Group will discuss a draft FIF letter to the SEC and FINRA relating to the implementation of SLATE reporting.

The Back Office Committee will have its next call on Tuesday July 15 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled a joint call for the Rule 605 and Rule 606 Working Groups for Tuesday July 15 at 2 pm ET. The Working Groups will discuss a draft Rule 605 Fact Sheet prepared by an FIF member and issues and questions from FIF members relating to Rules 605 and 606. 

FIF has scheduled the next call for the EBS Working Group for Wednesday July 16 at 11 am ET. The Working Group will discuss a revised draft FIF comment letter to the SEC relating to EBS reporting.

FIF has scheduled a call for the CAT Transaction Reporting Working Group for Wednesday July 16 at 2 pm ET. The Working Group will discuss potential amendments to SEC Rule 613 and the CAT NMS Plan to reduce CAT costs.

The Front Office Committee will have its next call on Tuesday July 22 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

FIF has scheduled a webinar on Trade Surveillance for Wednesday July 23 at 2 pm ET. The moderator for the panel will be Holly Dito of Daiwa. The panelists will be Ted Karn of The Karn Group, Derek Lacarrubba of the K&L Gates law firm, Chris Montagnino of Jordan and Jordan, and Jeremy Vest of S3. FIF has invited the members of the Compliance and Surveillance Working Group to participate on this call. If you have any topics or questions that you would like to submit anonymously for this webinar, please send them to This email address is being protected from spambots. You need JavaScript...