Highlights Recently Published Regulatory Notices 01-15 July 2018

07 01 18 – 07 15 18 Recently Published Regulatory Notices

Highlights Recently Published Regulatory Notices

July 1 ā€“ 15 of 2018

From Chicago Board Options Exchange:

  • Files rule change to reduce the ORF from $.0049 to $0028 per option contract effective August 1, 2018.
  • Issues list of options on ETFs with recently amended position limits.
  • Reminds members of the prohibition of Pre-Arranged Trades.

From the Depository Trust Company:

  • Proposes rule change to allow a Participant/Pledgee to designate one or more collateral managements service providers acting on their behalf to receive reports and other actions with respect to the specific account of the Participants/Pledgees.
  • Amends its Underwriting Guide.

From the Internal Revenue Service:

  • Updates its list of FATCA approved certificate authorities and updates IDES User Guide.


  • Issues notice to encourage firms to promptly notify it if the firm, or any associated person or affiliate currently engages or intends to engage in any activities related to digital assets.
  • Issues warning to members of persons impersonating FINRA staff in the attempt to obtain confidential information.
  • Publishes its monthly reports of disciplinary actions.

From the Municipal Securities Rulemaking Board:

  • Issues list of items for discussion during its upcoming Board of Directors meeting.

From Nasdaq:

  • Advises members of a Mandatory Precise Front End release effective August 17, 2018.
  • Updates its Technical Specification to support a new Reject Order Reason New Liquidity code of ā€œuā€.
  • Announces on August 6, 2018, it will provide members the option to have LOC orders entered between 3:30 pm ET and 3:55 pm ET reject rather than have them repriced if its limit price is more aggressive than the 3:30 pm ET reference price.

From the National Securities Clearing Corporation:

  • Files proposal to change its Rules and Procedures by which it processes transactions in CNS that are subject to a reorganization event and describe its authority to identify counterparties to Members.
  • Announces a correction to its recently implemented changes to Mutual Fund Profile II Service, specifically, the Accrual Stop Date Code field.
  • Proposes rule change to eliminate its Commission billing Service including the limited membership category that support this service.

From the New York Stock Exchange:

  • NYSE proposes to make membership more readily available to registered broker-dealers that are not FINRA members or members of another national exchange. \

From Options Clearing Corporation:

  • Issues reminder to its Clearing Members of their obligations to report to OCC.
  • Announces a delay, until Q3 2018 of the enhancements to the CGM file to increase the maximum character length for the LEI Name field from 30 to 255 characters.

From the Office of Foreign Asset Control:

  • Sends reminder of the requirements to provide, by September 30, 2018, OFAC with a comprehensive list of all blocked property held as of June 30, 2018.