03 01 18 – 03 15 18 Recently Published Regulatory Notices
Highlights Recently Published Regulatory Notices
March 1-15, 2018
From Consolidated Audit Trail:
- Publishes updated Reporting Technical Specifications for Participants.
- Issues its Business Clock Synchronization requirements and Certification Form.
- Updates its FAQs for Industry Members.
From Chicago Board Options Exchange:
- Proposes a new discount program for retail clients in certain options classes.
- Announces effective immediately it will resume issuing Regulatory Circulars via email.
- Files proposal to Market Maker continuous electronic quoting obligations, which would allow for satisfaction individually or collectively with Market-Makers of the same TPH organization.
- Issues notice regarding clock synchronization as part of the Consolidated Audit Trail.
From Depository Trust Company:
- Publishes list of non-transferrable securities scheduled for destruction on or after June 12, 2018.
From FINRA:
- Publishes criteria for a designation for firms that report a significant volume in transactions in Treasury securities to TRACE for mandatory BC/DR testing.
- Issues its monthly report of disciplinary actions.
From MSRB:
- Publishes notice and details of its Designation criteria and Measurements Period is has established for BCP/DR testing under Regulation SCI.
- Issues brief about historical policy issues and considerations related to the use of minimum denominations in the sale of municipal securities.
From Nasdaq:
- Issues notice regarding clock synchronization as part of the Consolidated Audit Trail.
- Announces effective March 30, 2018 no Midpoint Peg Post only order will participate in the Closing Cross.
- Issues notice of future changes to the FINRA/Nasdaq TRF interface for short sale reporting.
From National Securities Clearing Corporation:
- Publishes notice of a redesign of CMU RTTM web system scheduled for the end of Q3 2018.
From the New York Stock Exchange:
- Issues notice regarding clock synchronization as part of the Consolidated Audit Trail.
From Options Clearing Corporation:
- Announces enhancement that will allow users to reset their own passwords.
From the U.S. Securities & Exchange Commission:
- Issues two (2) No-Action Letters: 1) Related to cash balances in the Customer Reserve Account sunder SEC Rule 15c3-3, and 2) Related to the application of haircuts on positions in PowerShares Treasury Collateral Portfolio under SEC Rule 15c3-1.
- Proposes to conduct a Transaction Fee Pilot for NMS stock to study the effects that transaction-based fees and rebates may have on order routing behavior, execution quality and market quality.