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Commodity Futures Trading Commission (CFTC) Alert! In Opening Statement of Commissioner Kristin N. Johnson Before the Market Risk Advisory Committee Meeting: 'We are now witnessing the deployment of Web 3.0.'

Source: https://www.cftc.gov/PressRoom/SpeechesTestimony/johnsonstatement030823 Introduction Good morning and welcome to the first meeting of the Market Risk Advisory Committee (MRAC) in 2023 and our second MRAC meeting under my sponsorship. As our agenda indicates, today we will engage in the CFTC’s first public meeting examining

SEC Alert! Proposal request for approval of extension for Rule 607, which requires disclosure on each new account and on a yearly basis thereafter, on the annual statement, the firm's policies regarding receipt of payment for order flow.

Source: https://public-inspection.federalregister.gov/2023-04825.pdf Rule 607 requires disclosure on each new account and on a yearly basis thereafter, on the annual statement, the firm's policies regarding receipt of payment for order flow from any market makers, exchanges or exchange members to which it routes customers&

SEC Alert! Proposed Rules Safeguarding Assets: Our staff has also observed a general reduction in the level of protections offered by custodians, often resulting in advisory clients with the least amount of bargaining power (i.e., retail investors)...

'Our staff has also observed a general reduction in the level of protections offered by custodians, often resulting in advisory clients with the least amount of bargaining power (i.e., retail investors) receiving the most limited protections.' Source: https://public-inspection.federalregister.gov/2023-03681.pdf 380 pages Background Rule

Consumer Credit Alert! In January, consumer credit increased at a seasonally adjusted annual rate of 3.7 percent. Revolving credit increased at an annual rate of 11.1 percent, while nonrevolving credit increased at an annual rate of 1.2 percent

Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf In January, consumer credit increased at a seasonally adjusted annual rate of 3.7 percent. Revolving credit increased at an annual rate of 11.1 percent, while nonrevolving credit increased at an annual rate of 1.2 percent. https://www.

FINRA Alert! OPEN FOR COMMENT: proposed rule change to require members to (i) publish order routing reports for orders in OTC Equity Securities, and (ii) submit their order routing reports for both OTC Equity Securities and NMS Securities to FINRA

Source: https://public-inspection.federalregister.gov/2023-04786.pdf Background: On November 16, 2022, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)1 and Rule 19b-4 thereunder,2 a proposed

CFTC Alert! The March 8 Meeting of the Market Risk Advisory Committee (MRAC) is OPEN for public comment in connection with the meeting.

Items to be addressed at the meeting: technology-oriented risks affecting the derivatives and related financial markets, central counterparty risk and governance. Source: https://www.cftc.gov/PressRoom/PressReleases/8671-23 Public Comments Members of the public may submit comments in connection with the meeting, identified by “Market Risk Advisory Committee,” by