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SEC Alert! SEC unanimously voted to re-propose amendments to Rule 15b9-1 regarding when broker-dealers are required to register with FINRA.

SEC Alert! SEC unanimously voted to re-propose amendments to Rule 15b9-1 regarding when broker-dealers are required to register with FINRA. These amendments would cause some of the most active participants in equity & fixed-income markets to register with FINRA. Source: https://www.sec.gov/news/statement/gensler-proposed-amendments-exemptions-national-securities-association-072922 Rule 15b9-1 was

NSCC Alert! Change in the list of participants: Citadel Securities LLC added with a first trade date of July 29, 2022.

Economic Alert! The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022.

Economic Alert! The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. Source: https:

FINRA Alert! UAT underway for September 1, 2022 launch: certain depository institutions will be required to report transactions in U.S. Treasury securities, agency debt securities and agency mortgage-backed securities (Covered Securities) to FINRA’s Trade

UAT underway for September 1, 2022 launch: certain depository institutions will be required to report transactions in U.S. Treasury securities, agency debt securities and agency mortgage-backed securities (Covered Securities) to FINRA’s Trade Reporting and Compliance Engine (TRACE). Source: https://www.finra.org/filing-reporting/trace/federal-reserve-depository-institution-reporting Reddit Post

NYSE Alert! Notice of Filing of Amendment No. 1, and Order Granting Accelerated Approval of a Proposed Rule Change: to permit the listing and trading of certain exchange-traded products (“ETPs”) that overlie one or more stocks listed on the Exchange.

SR-NYSE-2022-04 34-95378 Notice of Filing of Amendment No. 1, and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Rules 5P, 5.2(j)(8)(e), 8P, and 98Comments due: 21 days after publication in the Federal Register * Submit Comments on SR-NYSE-2022-04

SEC Alert! The Securities and Exchange Commission today separately charged J.P. Morgan Securities LLC, UBS Financial Services Inc., and TradeStation Securities, Inc. for deficiencies in their programs to prevent customer identity theft.

Source: https://www.sec.gov/news/press-release/2022-131 JPMorgan: The JPMorgan order also finds that the firm failed to exercise appropriate and effective oversight of all service provider arrangements and failed to train staff to effectively implement one of its identify theft prevention programs in 2017. UBS: The UBS order

NSCC Alert! NSCC PROPOSED RULE CHANGE – ACATS RECEIVER DELETE ENHANCEMENTS (SR-NSCC-2022-011) The Rule Filing would amend the NSCC Rules & Procedures to permit NSCC to expand the “receiver delete” functionality in ACATS to additional products.