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FDIC Alert! Remarks by Chairman Martin J. Gruenberg on Recent Bank Failures and the Federal Regulatory Response before the Committee on Banking, Housing, and Urban Affairs: "The state of the U.S. financial system remains sound despite recent events."

Source: https://www.fdic.gov/news/speeches/2023/spmar2723.pdf Chairman Brown, Ranking Member Scott and Members of the Committee, thank you for the opportunity to appear before the Committee today to address recent bank failures and the Federal regulatory response. On March 10, 2023, just over two weeks ago,

Commodity Futures Trading Commission (CFTC) Alert! CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange.

Complaint: Binance Holdings Limited et, al Examples of Market Participants Currently Trading on Binance and Binance’s Efforts to Help Them Evade Its Compliance Controls: Trading Firm B: Trading Firm C CFTC Press Release: https://www.cftc.gov/PressRoom/PressReleases/8680-23 The Commodity Futures Trading Commission today announced it has

Options Clearing Corporation (OCC) Alert! [OPEN FOR COMMENT] Order Instituting Proceedings to Determine Whether to Approve/Disapprove a Proposed Rule Change Concerning the Options Clearing Corporation’s Collateral Haircuts and Standards for Clearing Banks

Source: https://public-inspection.federalregister.gov/2023-06195.pdf Introduction * On December 5, 2022, the Options Clearing Corporation (“OCC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change SROCC-2022-012 (“Proposed Rule Change”). * To change rules, policies, and procedures regarding collateral haircuts, minimum standards for clearing banks and letter-of-credit issuers,

SEC Alert! SEC proposes (OPEN for comment) to continue collecting information for “Rule 206(4)-6”: the proxy voting rule, to address an investment adviser’s fiduciary obligation to clients who have given the adviser authority to vote their securities.

Source: https://public-inspection.federalregister.gov/2023-06173.pdf Rule 206(4)-6 The title for the collection of information is “Rule 206(4)-6” under the Investment Advisers Act of 1940 (15 U.S.C. 80b-1 et seq.) (“Advisers Act”) and the collection has been approved under OMB Control No. 3235-0571.

CFTC Alert! CFTC proposes (OPEN for comment) to continue collecting information required under both the Final Rule and the Aggregation Rule to establish limits on speculative positions, to prevent the harms caused by speculation

Source: https://public-inspection.federalregister.gov/2023-06308.pdf https://public-inspection.federalregister.gov/2023-06308.pdf Final Rule * In 2021, the Commission issued a final rule on position limits that implemented CEA section 4a and established the Commission’s new position limits regime found in part 150 of the Commission’s Regulations (“Final

DTC Alert! Membership Updates Additional Account Activations: The Bank of New York Mellon, Various Accounts - THE BANK OF NEW YORK MELLON/CITADEL CCSV #2821 and THE BANK OF NEW YORK MELLON/CITADEL CMSV #2442

Federal Reserve Alert! Federal Reserve Board releases annual audited financial statement: In 2022 the Fed paid $42 billion in interest to counterparties of reverse repos.

Today the Fed released it's audited financial statement for 2022: https://www.federalreserve.gov/newsevents/pressreleases/other20230324a.htm KPMG It's worth noting that the Fed's audit firm, KPMG, has been involved in numerous scandals, including the use of stolen regulatory information to cheat on