Highlights Recently Published Regulatory Notices 01-15 of December 2017

01 -15 of December 2017 Recently Published Regulatory Notices

Highlights Recently Published Regulatory Notices

December 01 – 15 of 2017

From the Chicago Board Options Exchange:

  • Updates members on enhancements effective December 4, 2017 to its CTM terminal to require the designation of a “Reason Code” when a trade record is added or deleted or if certain fields are changed.
  • Announces a new PULSe Trader Workstation release scheduled for roll out during the week of December 4, 2017.
  • Proposes an amendment to its rule to allow it to restrict option series to closing transactions in specific circumstances.
  • Delays until December 18, 2017 of its planned system changes related to systematic rejection of AIM/SAM auction responses and reserve orders.
  • Files rule change to extend the Penny Pilot Program until June 30, 2018.

From the Depository Trust Company:

  • Issues list of non-transferrable securities set to be destroyed on or after March 9, 2018.
  • Publishes list of holiday settlement schedule for 2018.
  • Announces its enhancements to CA Web for Announcement of Reorganization Events will be deployed in March 2018.

From FinCEN:

  • Updates its list of FAQs related to the Bank Secrecy Act.

From Fixed Income Clearing Corporation:

  • Announces a TMPG Fair Charge rate will change effective December 14, 2017 because of the Fed’s interest rate hike.


  • Issues request for comment on establishing a roster or arbitrators with additional training and specific backgrounds or experience from which a panel would be selected to decide an associated person’s require for expungement of customer dispute information.
  • Publishes guidance on Short interest Reporting to reiterate its position for firms that maintain positions in master/sub account of parent/child account must calculate and report short interest based on the short position in each of the sub- or child accounts.
  • Issues its monthly report of disciplinary actions.

From the Internal Revenue Service:

  • Publishes new FAQs related to FATCA reporting.

From the Municipal Securities Rulemaking Board:

  • Issues notice of an extension of the comment period, until February 9, 2018, for the industry to provide feedback to its request for input on its approach to compliance support.
  • Receives SEC approval to amend Form G-45 to collect additional data related to transaction fees assessed by programs established under the ABLE Act, which is effective June 30, 2018.

From Nasdaq:

  • Announces several enhancements to its GEMX and has issued updates to the Technical Specifications.
  • Updates its security and publishes action items needed by subscribers in order to keep receiving reports via email.
  • Publishes notice of its filing of a rule change to align its disciplinary rules for PHLX with its other options exchanges.
  • Announces updat4es to its FIX Specifications, effective February 20, 2018, to support a Surrender features on PIXL Cross orders.
  • Proposes to reduce the length of the Display-Only period for the initial pricing on its market of a security that is the subject of an IPO from 15 minutes to 10 minutes.
  • Files rule change to extend the Penny Pilot until June 30, 2018.

From National Securities Clearing Corporation:

  • Issues advance notice of a proposal to increase the aggregate amount of Notes it would be authorized to issue and sell under the Prefunded Liquidity Program to $10 billion.
  • Announces it will support weekend testing on December 9, 2017 related to the NYSE Pillar migration allowing NYSE to trade Tape B and C securities.
  • Plans to deploy several enhancements to its automated ETF primary market clearing process effective January 26, 2018.

From Options Clearing Corporation:

  • Issues reminder to its Clearing Members of their ongoing obligations to notify OCC of certain events and financial reporting.
  • Announces on February 16, 2018, it will change the window close time for standard monthly expirations from 8:30 PM CT to 8:00 PM CT.

From the U. S. Securities & Exchange Commission:

  • Adopts a temporary final rule to require funds in larger fund groups to maintain their records the information that is required to be included in Form N-Port instead of filing their reports with the Commission until April 2019.