The Committee will meet ad hoc to review, share information and discuss best practices in connection with regulatory matters and compliance with regulatory changes. The Committee will focus on topics such as the Large Trader ID, Legal Entity Identifier, TIC-SLT, and FBAR. The Committee is also interested in fostering and communicating best practices for best execution requirements.

• Form PF Operations Working Group (new) The Form PF Operations Working Group was created to discuss the operational aspects of compliance solutions for the new Form PF reporting requirements.  As reporting for some funds in excess of $5 billion begins at the end of June 2012, it is beneficial to compare and contrast what some firms have already done, and are planning to do, to meet the upcoming deadline.  The working group provides a forum for members to share information and ultimately provide a platform which assists in reaching compliance deadlines.