Equity Market Structure Advisory Committee — Customer Issues Subcommittee

Summary Minutes of October 18, 2016 Call

The Customer Issues Subcommittee held a call on October 18, 2016, to discuss and finalize the Subcommittee’s preliminary recommendations.

The call convened at approximately 11:00 a.m. via telephone. The following Subcommittee members were on the call:

Matt Andresen
Brad Katsuyama
Ted Kaufman
Richard Ketchum
Manisha Kimmel
Nancy Smith

The following staff from the Division of Trading and Markets joined the call:

David Shillman
Ted Venuti
Leah Mesfin
Andrew Sioson
Neel Maitra
Arisa Kettig

The first order of business was a discussion of the Subcommittee’s recommendation regarding an investor confidence survey, including an update on prior discussions with the Commission’s Office of the Investor Advocate.

The next order of business focused on a review of comment letters received in response to the Commission’s disclosure of order handling information rulemaking. The Subcommittee then discussed potential recommendations on the proposed rulemaking.

The last order of business discussed was finalizing the Subcommittee’s recommendations to be presented to the full Committee at the November 29, 2016 meeting.

The call concluded at approximately 12:00 p.m.