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SEC Adopts Rule to Increase Transparency in the Securities Lending Market

SEC Alert! SEC Adopts Rule to Increase Transparency in the Securities Lending Market

Background: Statutory Mandate: Section 984(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) added section 10(c) to the Exchange Act to provide the Commission with authority over securities lending.23 Section 984(b) of the Dodd-Frank Act mandates that the Commission increase transparency of

CFTC Awards Whistleblower Over $18 Million.

Whistleblower Alert! CFTC Awards Whistleblower Over $18 Million, Meaning the Penalty Levied Ranged Between $60 Million and $180 Million.

Press Release The Commodity Futures Trading Commission today announced an award of over $18 million to a whistleblower who provided detailed information and assistance in a CFTC enforcement action and in a related action by another agency. The whistleblower provided assistance to the Division of Enforcement’s (DOE) staff that

OSFI’s Annual Risk Outlook - Semi-annual update

Canada's Financial System Regulator: "we now consider CRE to be a higher risk item" "Elevated inflation puts pressure on retail, corporate, & commercial borrowers' ability to service debt."

Today, Canada's Office of the Superintendent of Financial Institutions (OSFI) released its fall update to the April publication of its 2023-2024 Annual Risk Outlook. This semi-annual update prioritizes the most significant risks facing Canada’s financial system. It also provides an overview of its near-term guidance priorities for

Social Security Announces 3.2% Benefit Increase for 2024.

Inflation Alert! Social Security Announces 3.2% Benefit Increase for 2024. Today, September CPI reported 3.7% over the past year. The increase eaten by inflation!

Wut Mean? * Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024. * The 3.2 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 66 million Social Security beneficiaries in January 2024. Increased payments to approximately

Open Meeting on Wednesday, October 18, 2023 at 10:00 a.m. (ET).

SEC to hold an OPEN meeting 10/18/23 at 10 a.m. ET to consider prohibiting national securities exchanges from offering volume-based transaction pricing in connection with the execution of agency-related orders in NMS stocks

MATTERS TO BE CONSIDERED: The Commission will consider whether to propose a new rule to prohibit national securities exchanges from offering volume-based transaction pricing in connection with the execution of agency-related orders in NMS stocks; and to require national securities exchanges to have certain anti-evasion rules and written policies and

September Consumer Price Index Summary

Inflation Alert! The acceleration of inflation continues: CPI for all items rises 0.4% in September and rose 3.7% over the last 12 months.

The Consumer Price Index (CPI) rose by 0.4% in September from August. With month-to-month inflation continuing to grow, over the last 12 months, the all items index increased 3.7%. This is all on the heels of a red-hot August (.6% month-to-month, 3.7% year-over-year). Inflation is not slowing

Source: S&P Global Market Intelligence

S&P Global Market Intelligence: US corporate bankruptcies showed no signs of slowing in September, closing out the quarter with the most bankruptcies (62) so far in 2023.

"US corporate bankruptcies showed no signs of slowing in September, closing out the quarter with the most bankruptcies so far in 2023." "S&P Global Market Intelligence recorded 62 bankruptcy filings in September, bringing the third quarter's total to 182. September's total