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Penalty? Without admitting the findings, a censure and $75k fine.

FINRA 'discipline': From January 2016 - April 2022 Elevation, LLC supervisory system was not reasonably designed to detect potential fraudulent trading, including spoofing, layering, and wash trades, in equity securities.

FACTS AND VIOLATIVE CONDUCT: Elevation failed to have a supervisory system reasonably designed to achieve compliance with applicable federal securities laws and FINRA rules prohibiting fraudulent trading, including spoofing, layering, and wash trades. Penalty?: How could this impact GameStop?: * OTC exchanges, traded OVER 1.27 BILLION shares of GME between

shortening of the standard settlement cycle from T+2 to T+1

The Canadian Securities Administrators (CSA) announces adoption of amendments to National Instrument 24-101 Institutional Trade Matching & Settlement reflecting the upcoming shortening of the standard settlement cycle from T+2 to T+1.

Introduction: The Canadian Securities Administrators (the CSA or we) are adopting amendments to National Instrument 24-101 Institutional Trade Matching and Settlement and changes to Companion Policy 24-101 Institutional Trade Matching and Settlement, together referred to as the Amendments. The Instrument and the Companion Policy are collectively referred to as NI

Senators reintroduce the Close the Shadow Banking Loophole Act

Senators reintroduce the Close the Shadow Banking Loophole Act, which would require nonbank companies that own an industrial loan company (ILC) to be subject to the same rules as traditional banks and close regulatory loopholes.

Fact Sheet: Press Release: Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators John Kennedy (R-LA), Bob Casey (D-PA), Chris Van Hollen (D-MD), Mike Braun (R-IN), and Roger Wicker (R-MS) reintroduced the Close the Shadow Banking Loophole Act,

Hedge Fund liabilities hit a new all time high in 2023:Q2.

The Fed's Enhanced Financial Accounts (EFAs) on Hedge Funds: Hedge Fund liabilities hit a new all time high in 2023:Q2.

* This table shows the aggregate assets and liabilities of hedge funds that file Form PF with the Securities and Exchange Commission. * Unlike table B.101.f in the regular Financial Accounts publication, which reports assets and liabilities of domestic hedge funds only, this table presents data on all hedge funds

Real-Time Public Reporting and Swap Data Recordkeeping and Reporting Requirements

CFTC Approves Proposed Amendments to Regulations Regarding Real-Time Public Reporting and Swap Data Recordkeeping and Reporting Requirements

Background: The Commission’s real-time public reporting and swap data reporting regulations were first adopted in 2012, and are located in parts 43 and 45 of the Commission’s regulations. The 2012 Real-Time Public Reporting of Swap Transaction Data Final Rule (the “2012 RTR Final Rule”) set forth regulations that

Money Market Fund Repo and the ON RRP Facility

FEDS Notes: Money Market Fund Repo and the ON RRP Facility. Between 2021 and 2022, MMFs moved $2 trillion into the Fed's ON RRP, reducing their lending in the private repo market by nearly $500 billion.

Source: Hempel, Samuel J., Calvin Isley, R. Jay Kahn, and Patrick E. McCabe (2023). "Money Market Fund Repo and the ON RRP Facility," FEDS Notes. Washington: Board of Governors of the Federal Reserve System, December 15, 2023, https://doi.org/10.17016/2380-7172.3412. Between January 2021 and

New Rules

SEC Adopting Security-Based Swap (SBS) Execution and Registration and Regulation of Security-Based Swap Execution Facilities (SBSEFs) Rules. Would create a regime for the registration & regulation of SBSEFs & SBS execution issues.

* The Securities and Exchange Commission (“SEC” or “Commission”) is adopting a set of rules and forms under the Securities Exchange Act of 1934 (“SEA”) that would create a regime for the registration and regulation of security-based swap execution facilities (“SBSEFs”) and address other issues relating to security-based swap (“SBS”) execution