The Financial Information Forum (FIF) is a necessary and important resource that helps organizations understand new initiatives and develop implementation responses that fulfill regulatory compliance requirements without adding excessive overhead costs. FIF provides a collaborative environment in which members analyze rule requirements, discuss alternative approaches, and recommend practical solutions. FIF is a highly valuable resource for an organization’s management, business analysts, developers, technology support, operations, compliance, legal and marketing personnel.

FIF’s mission:

• Serve as a go-to resource for objective commentary and analysis on industry issues/initiatives
• Engage and inform regulators about the implementation impact of proposed rules/regulations and other market structure changes
• Provide a forum to address open issues relating to the implementation of industry initiatives
• Foster a community of industry professionals with subject matter expertise and the ability to collaborate effectively
• Be recognized as the premier implementation-focused industry association, with cross-industry participation of broker-dealers, exchanges, and vendors

Primary Areas of Focus

FIF focuses on implementation issues impacting:

• Front Office Trading/Compliance
• Back Office Processing
• Data and Technology

We are currently active in:

• Consolidated Audit Trail (CAT)
• CAT Customer and Account Information System (CAIS)
• Regulatory Reporting: TRF, ORF, EBS, Large Options Position Reporting (LOPR), Large Trader Reporting
• SEC Rule 606 (disclosure of order routing data)
• SEC Rule 605 (disclosure of order execution data)
• Short sales / Reg SHO / Short Interest Reporting
• Fixed Income Initiatives, including TRACE
• Recent SEC Rule Proposal for Securities Lending Transparency (equities and bonds)
• Front Office Trading
• Back Office Processing
• FINRA Supplement Liquidity Schedule (SLS)
• ATS Transparency
• Compliance
• OFAC, KYC and AML Requirements that Impact Trading
• DTC, NSCC, FICC and OCC Initiatives
• Market Data Capacity Planning
• Market Data Infrastructure Rule
• Emerging Technologies / Cloud Computing
• Cybersecurity
• Tax Information Reporting

To join FIF, please go to www.fif.com.