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SEC Alert! Division of Corporation Finance issues comments to China-based companies seeking more specific & prominent disclosure about legal & operational risks associated & the potential impact on operations and investors’ interests if disallowed

Recent events have highlighted the risks associated with investing in companies that are based in or that have the majority of their operations in the People’s Republic of China (China-based companies). The Division of Corporation Finance believes that more prominent, specific, and tailored disclosure about these risks, and companies’

SEC Alert! Commissioner Elad L. Rosman to resign effective the end of January.

SEC Alert! SEC Proposes New Share Repurchase Disclosure Rules. The proposal would establish new Form SR for reporting issuer share repurchases and enhance existing periodic disclosure.

Source The proposed rules would require an issuer to provide a new Form SR before the end of the first business day following the day the issuer executes a share repurchase. Form SR would require disclosure identifying the class of securities purchased, the total amount purchased, the average price paid,

SEC Proposes Amendments Regarding Rule 10b5-1 Insider Trading Plans and Related Disclosures. The proposed updates provide an affirmative defense to insider trading for parties that frequently have access to material nonpublic information

The Securities and Exchange Commission (SEC) today announced an award of nearly $5 million to a whistleblower who provided critical information and assistance that led to the success of a covered action. The SEC has awarded $1.2 billion to 236 individuals

Internet Outage shenanigans? Currently, any users attempting to submit a TRACE or Over the Counter Reporting Facility (ORF) form filing will incur an error. FINRA has stated they will advise when this issue has been resolved.

Source The Trade Reporting and Compliance Engine is the FINRA-developed vehicle that facilitates the mandatory reporting of over-the-counter transactions in eligible fixed income securities. All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules. Source The OTC Reporting

Inflation Alert! The Bureau of Economic Analysis today announced the PCE price index without food and energy was up by 3.6% in September--compared to a year ago. This is the highest PCE inflation reading since 1991.

The red line (sorry not a straight line) is the Fed's 2% target for inflation. As we can see, we have blown past that! Again, we haven't seen readings this high since 1991! Remember, this number is manipulated by excluding food and energy. By doing so,