Meeting minutes
Discussed the need to complete the discussion on the cost basis tags. It was agreed that we need to have Lisa T. on the call to discuss next steps. Gary Jones will follow up with Lisa and perhaps schedule a call prior to the next monthly meeting.

Nick Nickatas discussed the need for participants on the FPL Americas conference panel discussed below.

Wealth Management
The migration of money to RIA's is highlighting the need for the more rapid development of a standard solution. Wealth management market participants are demonstrating significant interest in the use of FIX. The discussion will focus around the growing push from the wealth management community for standardization and the opportunities that exist within this market place to increase efficiencies.

Discussed the next step after cost basis tags and publishing a document of the findings. We will need closure on the open issue before proceeding.

Next issues to focus on are adding fixed income and Pre-allocated order flow.