FIF has scheduled the next Rule 606 Working Group call for Monday October 10 at 10 am ET. The agenda for the call is to discuss FIF member questions on Rule 606(a) reporting.
POSTED Oct 10,2022
FIF Submits Comment Letter to FINRA and the MSRB on their Respective Proposals to Require One-Minute Reporting for Trades in Corporate, Agency and Municipal Bonds
This morning FIF submitted a comment letter to FINRA and the MSRB on FINRA Regulatory Notice 22-17 (“TRACE Reporting Timeframe: FINRA Requests Comment on a Proposal to Shorten the Trade Reporting Timeframe for Transactions in Certain TRACE-Eligible Securities From 15 Minutes to One Minute”) and MSRB Notice 2022-07 (“Request for Comment on Transaction Reporting Obligations under MSRB Rule G-14”). FIF would like to thank the members of the FIF TRACE/Fixed Income Working Group for their contributions in the drafting of the comment letter.
POSTED Oct 03,2022
Webinar on SEC Rule 15c2-11
On Thursday October 6 at 4 pm ET, FIF will host a webinar on SEC Rule 15c2-11 (Publication or submission of quotations without specified information). The webinar will discuss application of the rule to quoting in unlisted equities and bonds, the expiration (on January 1, 2023) of the current relief relating to Rule 144A securities, and firm processes to validate that specific securities are eligible to be quoted. The moderator for the panel is Michael Lurie of Credit Suisse. The panelists are Edward Best of the Mayer Brown law firm, Christopher Bok of OTC Markets and Jason Palsgrove of Bloomberg. FIF has invited members of the Back Office and Front Office Committees, the Compliance Working Group and the TRACE/Fixed Income Working Group to participate on the call.
POSTED Oct 03,2022
FIF In Person Event at Cboe Focused on Options
FIF is sponsoring an event at Cboe Global Markets in Chicago on November 3 at 4 pm (CT). The event is free for FIF members and will be focused on options. The panels will cover market developments and regulatory issues for options. FIF hosted this event annually for many years prior to 2020. FIF will announce further details in the near future, including how to register for the event.
POSTED Oct 03,2022
Front Office Committee
The Front Office Committee will have its next call on Tuesday October 4 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. The spotlight presenters will be Matt Cohen and Rachel Andreassian of Provable Markets, who will discuss FIX for stock lending.
POSTED Oct 03,2022