On December 19, 2018, the Securities and Exchange Commission finalized a rule to conduct a Transaction Fee Pilot designed to to study the effects that exchange transaction fee-and-rebate pricing models may have on order routing behavior, execution quality, and market quality.  FIF will be holding working group sessions to assist firms with the implmentation requirements of the pilot.  If you have not previously joined FIF's Transaction Fee Pilot Working Group and would like to attend subseqent meetings, please send an email to fifinfo@fif.com or update your profile here.

Thank you to all of you who attended the FIF Year-End Event last night and @Bloomberg for graciously hosting. Our expert panelists did a fantastic job reviewing the major regulatory initiatives of 2019. We look forward to supporting those efforts in the year to come.

Pictures below:

https://twitter.com/FIFinfo/status/1075809410012864512 

There are only a few days left until FIF's Year-End Event and the event is nearly sold out. The event will take place on Wednesday, December 19, 2018 at Bloomberg (731 Lexington Ave., New York, NY).  Please join FIF and our panel of industry experts as we discuss the strategies that your firm should consider when planning for the significant rule implementations scheduled for 2019.  Panelists will discuss major initiatives impacting Equities (i.e. CAT, SEC Rule 606, Reg ATS-N), Fixed Income (i.e. TRACE, FINRA Rule 4210), and the Back Office (i.e DTCC Settlement Optimization Initiative). Please register here by the end of the day. 

FIF recently submitted comments on behalf of its members to the Commission on the Current Status of CAT. To access the letter, please click here:  https://fif.com/comment-letters

FIF will be presenting on an STA Open Call on Tuesday, December 11th at 4:30 pm ET on amended SEC Rule(s) 605 and 606.  To register, please click here.