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Gary Gensler: 'single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin.' 'investing in them is meant to be similar to shorting a stock.'

Source: https://www.sec.gov/news/speech/gensler-remarks-iac-120822 Good morning. Once again, it is good to be back with the Investor Advisory Committee. As is customary, I would like to note that my views are my own and that I am not speaking on behalf of the Commission or SEC

SEC Alert! Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting.

SEC Alert! Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting. The SEC is proposing amendments to its current rules for open-end management investment companies (“open-end funds”) regarding liquidity risk management programs and swing pricing. Source: https://www.sec.gov/rules/proposed/2022/33-11130.pdf The Securities

SEC Alert! The SEC today reopened the comment period on proposed amendments intended to modernize and improve the disclosure required about an issuer’s repurchases of its equity securities, often referred to as buybacks.

Proposed Rule: https://www.sec.gov/rules/proposed/2022/34-96458.pdf Source: https://www.sec.gov/news/press-release/2022-216 The Securities and Exchange Commission today reopened the comment period on proposed amendments intended to modernize and improve the disclosure required about an issuer’s repurchases of its equity securities, often

FINRA Alert! Since 12/5/22, FINRA is experiencing an issue with ORF clearing messages for transactions that are cancelled, corrected, broken or reversed and thus causing duplicate settlement messages and incorrect settlement amounts for those transactions

Source: https://www.finra.org/filing-reporting/orf/orf-clearing-messages-update Since Monday, December 5, 2022, FINRA is experiencing an issue with ORF clearing messages for transactions that are cancelled, corrected, broken or reversed and thus causing duplicate settlement messages and incorrect settlement amounts for those transactions. In the interim, until FINRA resolves

FICC - GOV Alert! Government Securities Division (“GSD”) will reset each Netting Member’s Individual Total Amount (“CCLF Cap”) on January 3, 2023. The reset will reflect a look-back period of July 1, 2022, to December 31, 2022.

FICC - GOV Alert! Government Securities Division (“GSD”) will reset each Netting Member’s Individual Total Amount (“CCLF Cap”) on January 3, 2023. The reset will reflect a look-back period of July 1, 2022, to December 31, 2022. The new CCLF Cap will be effective as of January 3, 2023.

NSCC Alert! Notice of Filing of Partial Amendment No. 2 and Amendment No. 3 and of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Revise the Excess Capital Premium

Source: https://www.sec.gov/rules/sro/nscc/2022/34-96426.pdf Comments due: 15 days after publication in the Federal Register Rebuttal comments due: 21 days after publication in the Federal Register Additional Materials: Exhibit 3, Exhibit 4, Exhibit 5 This filing constitutes Amendment No. 3 to proposed rule change

SEC Alert! SEC Investor Advisory Committee to Discuss Investor Account Statements, Corporate Tax Transparency, and Single-Stock ETFs on December 8th.

Source: https://www.sec.gov/news/press-release/2022-213 The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on December 8 at 10 a.m. ET. The meeting will be webcast on the SEC website. The committee will host three panels to discuss: Account statement