From 1 June 2010 the Australian Securities and Investments Commission (ASIC) requires disclosure of short positions arising from covered short sales. Reporting requirements incorporate FIX PositionReport messages.

FPL responded to a consultation from the SFC on the OTC Derivatives regulatory regime for Hong Kong.

FPL is pleased to announce that it has developed an Extension Pack which will enable FIX 5.0 to support IIROC's new FIX-based market regulation feed specification for market surveillance and transaction reporting.

On August 3rd, FPL submitted a response to the following consultation: ESMA/2012/379 - Draft Technical Standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories. Please click on the link above to view FPL's response.

Following consultation with the FPL European Regulatory Subcommittee, FPL produced a proposal for an industry led solution for the establishment of a Consolidated Tape Delivery Authority (CTDA) to oversee the delivery and governance of the European Consolidated Tape. To view this proposal please click on the link included in the title

FPL responded to the following CESR consultation - CESR Technical Advice to the European Commission in the context of the MiFID Review – Equity Markets. Please click on the link above to see FPL's response.

FPL has issued a response to the call for evidence by CESR, who invited interested parties to submit their views regarding (potential) future work on transparency data publication and consolidation as a result of MiFID.

Repository of MiFID information - the Markets in Financial Instruments Directive (MiFID) took effect on 1 November 2007, which promised to fundamentally change the structure of the European capital markets and is the most far reaching reform of any major financial market ever undertaken.

FPL's Response to IOSCO Consultation - CR02/11 Regulatory Issues Raised by the Impact of Technological Changes on Market Integrity and Efficiency

FPL's Response to IOSCO Consultation - Technological Challenges to Effective Market Survelliance

CFTC Enhancements were made to FIX for Trade Capture Report in FIX 5.0 Service Pack 2.

Please see notice indicating that FIX will be used for Fixed Income trade reporting to TRACE (a FINRA service).

Regulatory changes originating from FINRA have brought to light a gap in FIX Protocol functionality and this was the gap analysis that was developed.

Effective December 12, 2011, NASDAQ OMX® will implement changes to the NASDAQ ACT System to support short sale reporting designation changes to accommodate FINRA/NASDAQ Trade Reporting Facility™ (TRF) and FINRA Over-the-Counter Reporting Facility (ORF), as designated by the Financial Industry Regulatory Authority (FINRA). ACT Trade Reporting Specifications have been updated to reflect these changes.

FIX last made changes to the FIX specification for OATS as part of the OATS Phase 3 release. The fields added to the specification can be found at the above link. Most recently, on November 12, 2010, the SEC approved FINRA’s proposed rule change SR-FINRA-2010-044 to expand the OATS Rules to all NMS stocks. Since the approval, FINRA has released three updates to their specification in order to accommodate the changes required to incorporate all NMS stocks into OATS. The FPL / FIF Regulatory Working Group is currently working on a gap analysis to determine changes required to the FIX specification in order to support the OATS for NMS release. Once ready, that will be posted to the above link.

A link to the discussion forum that is utilized for any questions related to FIX and how the protocol complies with US Regulations.

In response to the evolution of program trading activities in the marketplace, NYSE has amended NYSE Rule 80A.40 to update the definition of account type indicators – “J” and “K”. These changes go into effect on June 2, 2008.

This implementation guide includes the recommended approaches to implement the OSI changes within the various versions of FIX.

Please see FPL's reponse to the Consolidated Audit Trail proposal which was submitted on August 5th, 2010.

Response letter from FPL following the Market Technology Roundtable held on October 2nd 2012.

According to the SEC, “Regulation NMS includes new substantive rules that are designed to modernize and strengthen the regulatory structure of the U.S. equity markets.”

The regulation requires that prior to entering a short sale order, a firm must have reasonable grounds to believe that the security can be borrowed.

FPL filed a response to the SEC Concept Release entitled Securities Transactions Settlement. This is the first time that FPL has responded to an SEC Concept Release. Also refer to the press release.