FIF is an industry trade group comprised of over 100 broker-dealers, exchanges, and financial technology vendors. Established in 1996, FIF seeks to address and resolve open implementation issues that impact the securities industry across the order lifecycle. FIF working groups provide our members with a collaborative environment to discuss critical issues amongst a broad range of subject matter experts. The open communication and sharing of industry best practices fostered by FIF helps our members gain a better understanding of the implementation impact of new initiatives and assists in their development of cost-effective solutions. FIF frequently informs the regulators of the implementation impact of new initiatives and offers alternative solutions through formal comment letters and in-person meetings.