The next meeting for the new FIF Securities Lending Transparency Working Group is Tuesday December 21 at 2pm ET. This Working Group will discuss and prepare a comment letter on the SEC’s November 18 rule proposal to create a new reporting system for securities lending. The reporting system, as proposed by the SEC, will apply to equities and bonds, including corporates, Treasuries, Agencies, asset and mortgage-backed securities, and municipal bonds. After the New Year, this group is scheduled to meet on Tuesdays at 2pm ET and Thursdays at 11am ET until the comment letter is completed. To subscribe to this group, please either update your profile or email us at fifinfo@fif.com.

On December 1, 2021, FINRA filed SR-FINRA-2021-030 with the SEC, “Notice of Filing of Proposed Rule Change to Amend FINRA Rule 6730 to Require Members to Append Modifiers to Delayed Treasury Spot and Portfolio Trades When Reporting to TRACE.” FIF has scheduled the next call for the TRACE Working Group for Tuesday December 21 at 11am ET to make any final edits to FIF’s comment letter on this filing.

As of January 1, 2022, the CAT Committee will be renamed as the CAT Monthly Update Working Group and the CAT Tech Specs Working Group will be renamed as the CAT Transaction Reporting Working Group. This is intended to provide a clearer description of the functions of these groups. The CAT Tech Specs Working Group will have a call today at 2pm ET, and the Wednesday CAT Tech Specs call for this week is cancelled. For this week only, the CAIS Working Group will have a call today at 11am ET, and the Wednesday and Friday CAIS calls are cancelled. All CAT and CAIS calls for next week are cancelled. The regular schedule of calls will resume after the New Year.

FIF has set up a new Securities Lending Transparency Working Group. This Working Group will discuss and prepare a comment letter on the SEC’s November 18 rule proposal to create a new reporting system for securities lending. The reporting system, as proposed by the SEC, will apply to equities and bonds, including corporates, Treasuries, Agencies, asset and mortgage-backed securities, and municipal bonds. The next meeting for this Working Group is scheduled for Thursday December 16 at 11am ET. To subscribe to this group, please either update your profile or email us at fifinfo@fif.com.

Professor Jim Angel of the Georgetown University McDonough School of Business has graciously invited  the members of the FIF Securities Lending Transparency Working Group to a webinar hosted by the Georgetown University Center for Financial Markets and Policy on the SEC’s proposal for securities lending. The webinar will take place on Friday December 17 from 12-1 pm ET. To subscribe to the FIF Securities Lending Transparency Working Group, please either update your profile or email us at fifinfo@fif.com. In order to register for the webinar, please follow the link here.