Highlights Recently Published Regulatory Notices from 16-30 of June 2017

06 16 17 – 06 30 17 Recently Published Regulatory Notices

Highlights Recently Published Regulatory Notices

16-30 of June 2017

From Chicago Board Options Exchange:

  • Proposes to allow closing transactions represented in the compression forum to be executed against opening transactions.
  • Issues notice restating its rules, interpretations and policies related to prearranged trades.
  • Publishes list of option classes to be removed and added as part of the Penny Pilot program on July 5, 2017.
  • Announces indefinite postponement of its Velocity Related Risk controls originally scheduled for implementation on June 26, 2017.


  • Proposes to amend its Rule 7730 to make available a new TRACE Security Activity Report.
  • Files temporary rule change to allow members to report transaction in U.S. Treasury securities executed within discrete ATS trading session on an aggregate basis rather than an individual basis.
  • Updates its list of FAQs related to Trade Reporting requirements.

From the Internal Revenue Service:

  • FATCA reminds foreign financial institutions of the requirement to renew as an FFI.

From the Municipal Securities Rulemaking Board:

  • File rule proposal to update its Rule G-21(e) related to municipal fund security product advertisements.
  • Publishes client complaint product and problem codes for Municipal Advisory business.
  • Announces several initiatives to support its strategic goals.

From Nasdaq:

  • Proposes rule changes designed to make its Closing Cross session more efficient.
  • Announces changes to its Penny Pilot Program effective July 5, 2017.
  • Announces changes to the Options Regulatory Fee for its exchanges.

From National Securities Clearing Corporation:

  • Announces enhanced forms on its web portal.
  • Files rule change to provide additional transparency to participants of its existing methodology for the calculation of margin on Net Unsettled Position and Balance Order Positions in corporate and municipal bonds.
  • File rule change to expand the application of its existing “family-issued” securities charge to apply to all members.

From Options Clearing Corporation:

  • Issues reminder to its Clearing Members of their notification requirements.

From U. S. Treasury:

  • OFAC issues reminder of the requirement to report a list of all blocked property held by the institution as of June 30, 2017 by September 30, 2017.

From UST2:

  • Issue notice of changes to SIFMA’s Master Securities Lending Agreement.
  • Nasdaq publishes Issuer Alert related to ex-Dividend processing under the shortened settlement cycle.
  • DTC issues mutual fund FAQs related to settlement under the shortened settlement cycle.