Highlights Recently Published Regulatory Notices 2 February – 13 February 2015

CBOE issues reminder related to its extending the implementation date related to its requirement for Trading Permit Holders to identify Option Orders Tied to Stock and report on such orders.

The fourth and final phase of DTC’s Settlement Matching program will be effective with transactions staged for the night cycle processing on February 12, 2015 settling on February 13, 2015.

FINRA announces an upgrade to the File Transmission protocol in both OATS Test and Production environments. This change is effective in test on February 16, 2015 and production on March 2, 2015.

In anticipation of changes to TRACE Dissemination and Reporting, FINRA updates the TRACE OTC Corporate & Agency Debt User Guide Version 4.3 and TRACE Securities Products Secure Web User Guide.

Highlighting it cybersecurity concerns, FINRA issues a report on the state of Cybersecurity Practices within the industry.

NSCC advises participants of changes to the CNS Eligibility Master File to denote if the security is eligible or not for UTC Trade Acceptance.

Certain CMU RTTM trades will be eligible for T+1 Settlement in DTCC’s CNS and Non-CNS Balance Order systems in Q4 2015.

Option Clearing Corporation issues notice of the required processes and procedures Clearing Members must follow related to Letters of Credit issued in favor of OCC to meet margin obligations that expire on March 1, 2015.

Cybersecurity was a hot topic last week as the SEC issued its Alert to the industry and investors on its concerns related to cybersecurity.

A rule proposal issued by the SEC would enhance Corporate Disclosure of Company Hedging Policies for Directors and Employee, as directed by Dodd Frank.

Top