The next meeting of the FIF Reg SHO Working Group will be held on April 8 at 11 am (ET). The Working Group will discuss specific Reg SHO issues and questions raised by FIF Members.  

• Cybersecurity and Emerging Technology Working Groups. On March 23, Josh Burns of CitiHub will present on Secrets Management in the Financial Industry Using a Hashicorp Vault Implementation.
• Data and Technology Working Group. On March 31, Brian Faughnan of SIAC will discuss the Pillar migration.
• Tax Information Reporting Working Group. On April 29, Stevie Conlon and colleagues at Wolters Kluwer will present Part 2 of their Spotlight on Virtual Currency.

On March 19, 2021, FIF submitted a comment letter on a rule proposal by the Federal Reserve to expand TRACE reporting to certain depository institutions. FIF would like to thank the participants of the FIF TRACE Working Group for their contributions to the comment letter.   

The next meeting for the FIF Rule 605 Working Group will be held on April 1 at 10 am. The Working Group will continue to discuss FIF member recommendations for modernizing the current Rule 605. The Working Group also will continue discussion of potential expansion of Rule 605 reporting to include options, OTC equities, broker-level disclosure and trade-level disclosure. If you are not a member of the Rule 605 Working Group and would like to join, update your working group subscriptions in your profile here: https://fif.com/index.php/profile. If you're having trouble, or forgot your password, email fifinfo@fif.com for assistance.

On March 23, the FIF CAIS Working Group Co-Chairs will participate on a call with FINRA CAT to get clarification on an industry survey from the CAT Plan Participants relating to authorized traders. On March 25, members of the FIF CAIS Working Group will participate on a call with FINRA CAT to discuss the CAIS feedback process.