FIF has scheduled a joint call for the SEC FINRA Regulations Working Group and the Compliance and Surveillance Working Group for Wednesday May 20 at 11 am ET. The Workings Groups will continue the  review of an updated Regulatory Implementations Presentation and Calendar, including updates on the following topics: Consolidated Audit Trail; Rule 605 amendments; new equity and options exchanges and new clearing agencies; OPRA Dynamic Load Rebalancing; FICC cross-margining with CME; TRACE reporting; tokenized securities; and Trump accounts.

On April 29, FIF submitted a letter to the SEC with comments and questions in response to the Rule 605 FAQs and exemptive order published by the SEC on April 1. FIF would like to thank the members of the Rule 605 Working Group for their contributions in the drafting of this letter.

On April 28, FIF submitted a letter to CAT LLC prioritizing previously submitted recommendations. FIF would like to thank the members of FIF CAT Transaction Reporting and Reference Database Working Groups for their contributions in the drafting of this letter.

The Rule 605 Working Group will have its next call on Monday May 4 at 2 pm ET. The Working Group will continue its discussion of issues and questions relating to the Rule 605 amendments that will take effect on August 1.

FIF has scheduled two calls for the CAT Transaction Reporting and CAT Reference Database Working Groups for this week. The first call will be on Tuesday May 5 at 1 pm ET and will focus on the sections of the CAT Concept Release relating to CAT Design and Scope. The second call will be on Wednesday May 6 at 2 pm ET and will focus on the sections of the CAT Concept Release relating to the replacement of EBS with a request and response system.