Securities Operations Advisory Group Content

[29011] May 26, 2015 TO: INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 13-15 SECURITIES OPERATIONS ADVISORY COMMITTEE RE: ESMA ISSUES OPINION ON CALCULATION OF COUNTERPARTY RISK BY UCITS FOR OTC FINANCIAL DERIVATIVE TRANSACTIONS SUBJECT TO CLEARING OBLIGATIONS   On May 22, the...

[28987] May 15, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: INSTITUTE RECOMMENDATIONS FOR IRS 2015-2016 GUIDANCE PRIORITY LIST - TAX ISSUES The Institute has submitted the attached recommendations of tax issues for inclusion on the Internal Revenue Service (“IRS”) and...

[28972] May 12, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: COMMENT LETTER TO SEC REQUESTING RE-PROPOSAL OF MARGIN RULES FOR SECURITY-BASED SWAP DEALERS   ICI submitted a letter to the Securities and Exchange Commission (“Commission” or “SEC”) requesting that the SEC re...

[28898] April 15, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: ICI COMMENT LETTER ON PROPOSED QUALIFIED FINANCIAL CONTRACT RECORDKEEPING RULES THAT WOULD APPLY TO SIFIS AND CERTAIN RICS   As previously indicated, the Secretary of the Treasury (“Secretary”), in consultation...

[28884] April 7, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: SEC FINALIZES RULES ON SECURITY-BASED SWAP DATA REPOSITORY REGISTRATION, DUTIES, AND CORE PRINCIPLES   The Securities and Exchange Commission (“SEC” or “Commission”) recently adopted rules under the Securities...

[28868] March 27, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: SEC FINALIZES RULES ON SECURITY-BASED SWAP DATA REPOSITORY REGISTRATION, DUTIES, AND CORE PRINCIPLES   The Securities and Exchange Commission (“SEC” or “Commission”) recently adopted rules under the Securities...

[28793] March 4, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE ACCOUNTING/TREASURERS COMMITTEE No. 5-15 EQUITY MARKETS ADVISORY COMMITTEE No. 3-15 OPERATIONS COMMITTEE No. 7-15 BROKER/DEALER ADVISORY COMMITTEE No. 9-15 BANK, TRUST AND RETIREMENT ADVISORY COMMITTEE No. 6-15...

[28792] March 4, 2015 TO: SECURITIES OPERATIONS ADVISORY COMMITTEE RE: FSOC REQUEST FOR COMMENT ON ASSET MANAGEMENT AND POSSIBLE RISKS TO FINANCIAL STABILITY At an open session on December 18, the Financial Stability Oversight Council (FSOC or Council) considered whether to issue a...

Earlier this year [1] the Institutes’ Board of Governors endorsed the industry project for shortening the U.S. settlement cycle for equities, corporate and municipal bonds and unit investment trust securities from trade date plus three days (T+3) to trade date plus two days (T+2).

[28427] October 2, 2014 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: CFTC RE-PROPOSES MARGIN REQUIREMENTS FOR UNCLEARED SWAPS   Recently, the Commodity Futures Trading Commission (“CFTC”) re-proposed margin requirements for swap dealers (“SDs”) and major swap participants (“MSPs”)...