The FIF Rule 606 Working Group will meet on Tuesday March 1 at 2pm ET to continue its review of a draft FIF comment letter in response to a recent solicitation by the SEC of comments on the request submitted by the SEC to the Office of Management and Budget for approval of the extension of Rule 606. The Working Group also will review FIF member responses to a survey relating to the volume of Rule 606(b)(3) requests that firms have received. The Working Group also will discuss the FINRA proposal to require Rule 606-type reporting for routes in OTC equities.

The FIF Securities Lending Transparency Working Group will meet on Thursday March 3 at 11am ET to discuss a request from attorneys in SEC Chair Gensler’s office to engage in discussions with FIF members relating to securities lending workflows and the SEC’s recent rule proposal relating to securities lending transparency.

FIF will hold a 30 minute Cybersecurity Working Group meeting this Thursday (3/3 @ 3pm ET) to cover topics such as: state-sponsored cybersecurity threats from Russia, the 2022 report on FINRA's examination and risk monitoring program, a 2021 year-in-review report from the NSA and news of Chair Gensler potentially overhauling the Agency's cyber rules. An agenda will be sent out the day prior to the meeting. 

FIF has scheduled an additional CAIS Working Group call for Monday February 28 at 11am ET to complete the Working Group’s review of the updated versions of the CAT CAIS Industry Member Reporting Scenarios published by FINRA CAT on January 28, 2021 and February 4, 2022. This will be in addition to the regularly-scheduled Wednesday and Friday CAIS calls next week. Because of a conflict with a Congressional hearing relating to exchanges, FIF has moved the CAT Transaction Reporting Working Group call for this week from 2pm ET to 1pm ET on Wednesday March 2. The Monthly CAT Update Working Group call is scheduled for Thursday February 3 at 2 pm ET.

On Monday March 7, 2022 at 4pm ET, FIF will host a webinar on Current Developments in Trading Technology. The webinar will include discussion of the following topics: converting voice communications to structured electronic data; 24-hour trading; trends in working from home and returning to the office; outsourced trading; risk data and analytics; interoperability; and machine learning. Ivy Schmerken of FlexTrade, will moderate the panel. The panelists will be Brian Hyndman of Blue Ocean ATS, Rajiv Kedia/Shane Remolina of FlexTrade and Mike Smith of IPC. Please register here to join us for this webinar.