Highlights Recently Published Regulatory Notices 2 March – 13 March 2015

The Consolidated Audit Trail SRO’s field an amendment to Rule 613. They are requesting amendments related to option Market Maker quotes, Customer ID, CAT Reporter ID, execution linking and timestamp granularity on manual orders.

CBOE issues notice of change in the calculation of the exercise settlement value on VXST options due to the upcoming Good Friday holiday.

DTC reminds members of the increase of memo segregation balances when spinoff transactions increase positions for all clients that leverage Memo Segregation Profile Option 1.  This will be effective March 6, 2015.

FINRA announces a revision of the migration date for its changes to the Securitized Products and Corporate/Agency Debt Reporting and Dissemination. The new date is Monday, June 1, 2015.

Internal Revenue Service announces the International Data Exchange Service (IDES) used for FATCA reporting will be open for testing starting Tuesday March 10 and ending on Thursday March 12, 2015.

Municipal Securities Rule Making Board announces SEC approval of its rule amendments to create professional qualification standards for municipal advisors.

NSCC announces it will on April 3, 2015 validate the principal trade amount submitted on correspondent clearing transactions.

Options Clearing Corporation filed a rule proposal to change the manner in which it establishes minimum capital requirements for banks approved to issue Letters of Credit from shareholder equity measurements to the Tier 1 capital measurement.

The Securities & Exchange Commission has extended the time period for its action on the proposed Tick Size Pilot until May 6, 2015.

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