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AMG BBH Asset-Backed Credit Fund LLC Section 6(c) Exemption Application

The SEC published notice of an application by AMG BBH Asset-Backed Credit Fund, LLC and Brown Brothers Harriman Credit Partners, LLC seeking exemptions under sections 6(c), 17(d), and 23(c) of the Investment Company Act of 1940 and related rules. The applicants request authorization to issue multiple classes of shares and impose asset-based distribution and/or service fees and early withdrawal charges. Hearing requests must be received by 5:30 p.m. Eastern time on May 5, 2026.

Cboe EDGA Proposes Twelve Price Levels for Data Feeds, Sunsets Five-Level Feed by End of 2026

The Securities and Exchange Commission published notice of a proposed rule change by Cboe EDGA Exchange, Inc. to amend Rule 13.8. The Exchange proposes to increase aggregated depth-of-book price levels in Summary Depth data feeds from five to twelve price levels per side, and to offer up to twelve price levels for Cboe One Premium in addition to existing five levels. The five-level Cboe One Premium feed shall be sunset by December 31, 2026.

SEC Institutes Proceedings on NYSE American Grayscale Crypto ETF Options

The SEC has instituted proceedings under Section 19(b)(2)(B) of the Securities Exchange Act to determine whether to approve or disapprove NYSE American LLC's proposed rule change to list and trade options on the Grayscale CoinDesk Crypto 5 ETF (GDLC). The Commission is seeking public comments on whether the proposal is consistent with Section 6(b)(5) of the Act, which requires exchange rules to prevent fraudulent and manipulative acts and to protect investors and the public interest. GDLC options would be physically settled with American-style exercise, subject to existing position and exercise limits.

Cboe EDGX Proposes Twelve Price Levels for Summary Depth Data Feeds

The SEC has published a proposed rule change by Cboe EDGX Exchange, Inc. on April 9, 2026, seeking comments on amendments to Exchange Rule 13.8. The proposal would increase aggregated depth-of-book price levels in the Summary Depth data feed from five (5) to twelve (12) price levels per side, and provide up to twelve (12) price levels for Cboe One Premium. The Exchange also proposes to formally define Cboe One Summary Data Feed and Cboe One Premium Data Feed within its rule text for transparency. Comments are being solicited from interested persons.

Form 4 Beneficial Ownership Disclosure PRA Collection Notice

The SEC published a 60-Day Paperwork Reduction Act Notice soliciting comments on Form 4 Beneficial Ownership Disclosure (OMB Control No. 3235-0287). The notice estimates 62,243 respondents filing approximately 212,003 Form 4 responses annually with a burden of 0.5 hours per response (106,002 total hours). The SEC also requests OMB approval to designate this collection as a 'common form' given Federal Reserve System use under OMB Control No. 7100-0091.

SEC Initiates Proceedings on Cboe VIX Future-Option Orders

SEC Initiates Proceedings on Cboe VIX Future-Option Orders

Healthcare Finance Direct LLC - Consent Order

The Connecticut Department of Banking has posted a new administrative consent order against Healthcare Finance Direct, LLC d/b/a HFD, dated April 8. The order is now listed among recent enforcement actions on the department's Administrative Orders and Settlements page. Details of the specific violations or terms of the consent order are not provided in the posting.

Crypto Threats, Vulnerabilities and What to Do Next

ACAMS published an analysis by Senior Director Craig Timm examining crypto-related threats and vulnerabilities from an anti-money laundering perspective. The article addresses how financial institutions and crypto businesses can identify and mitigate emerging risks in digital asset transactions.

AI under AMLA: The Rules of Engagement in Financial Crime Compliance

ACAMS Today published an opinion piece examining how financial institutions can leverage artificial intelligence within Anti-Money Laundering Act compliance frameworks. The article explores the intersection of AI technologies and financial crime compliance obligations.

Minutes of the Board's Discount Rate Meetings - February and March 2026

The Federal Reserve Board released minutes from its February 9 and March 18, 2026 discount rate meetings. The meetings reviewed and determined the discount rates provided to depository institutions through the discount window. The Board noted that its process for setting the discount rate is distinct from the Federal Open Market Committee's process for setting the target range for the federal funds rate.

8-K Rain Enhancement Technologies Restatement, Naples FL

Rain Enhancement Technologies filed a Form 8-K with the SEC disclosing that the company cannot rely on its previously issued financial statements. The filing triggers material event disclosure obligations under SEC Regulation FD, requiring investors and market participants to reassess the company's financial position and historical performance.

Arrive AI Inc. 8-K Non-Reliance on Previously Issued Financial Statements Filed

Arrive AI Inc., an Indianapolis-based company, filed Form 8-K with the SEC under Item 4.02, disclosing that previously issued financial statements should no longer be relied upon. The company indicated that financial results previously reported may require restatement due to identified errors or subsequent information.

Veritone Inc 8-K Non-Reliance on Financial Statements

Veritone Inc filed a Form 8-K under Item 4.02 announcing that previously issued financial statements should no longer be relied upon. The company determined that certain financial statements require restatement due to identified errors or accounting issues. This disclosure triggers obligations under SEC reporting rules for public companies to correct material misstatements in prior filings.

Euro Area Economic Outlook and Monetary Policy Lecture

ECB Executive Board Member Philip R. Lane delivered a lecture at the University of Virginia Darden School of Business on April 14, 2026, presenting the economic outlook and monetary policy stance for the euro area. The lecture included data on inflation developments (HICP, energy and non-energy components, PCCI), GDP projections across multiple forecast rounds, euro area trade patterns with China, and the Eurosystem balance sheet composition including APP and PEPP holdings, DFR rates, and various credit operations.

Gen AI Adoption Varies, Workers Seek Training

The New York Fed's Liberty Street Economics blog published research based on the November 2025 Survey of Consumer Expectations finding that 39% of employed respondents use AI tools at work. Adoption is concentrated among college graduates (58.7%), high earners over $200K (66.3%), and full-time workers (42.7%). Among AI users, 66% report increased personal productivity. The research raises concerns about whether AI adoption patterns may widen existing labor market inequalities.

MSB Issuance Notice: Competitive Bidding for Monetary Stabilization Bonds

The Bank of Korea published an issuance notice for Monetary Stabilization Bonds (MSB) to be sold through competitive bidding. The announcement includes an attachment with the full notice details (document 03340-2903-0301). Market Operations Team contact information is provided at 02-759-4564. This is a routine open market operation notice.

Rural Communities: Worth the Investment

Federal Reserve Governor Michael S. Barr delivered a speech at the 'Strengthening America's Economy through Rural Investment' forum discussing challenges and opportunities in rural America. The speech highlights innovative financing solutions such as Community Development Financial Institutions (CDFIs) and New Markets Tax Credits as models for expanding economic opportunity. Barr shared observations from visits to rural communities including the Mississippi Delta and Montana tribal reservations, emphasizing creative approaches to addressing banking access gaps.

Survey on Inflation and Growth Expectations, Q1 2026

Banca d'Italia published its Q1 2026 survey on inflation and growth expectations, conducted February 20 to March 18, 2026. The survey found deteriorating business sentiment across all sectors following the outbreak of conflict in the Persian Gulf, with companies noting increased uncertainty and rising energy commodity prices. Consumer price inflation expectations remain below 2 percent across all time horizons.

Healthcare Finance Direct LLC Consent Order - Unlicensed Small Loan Activity

The Connecticut Department of Banking issued a Consent Order against Healthcare Finance Direct LLC (HFD) resolving enforcement action for unlicensed small loan activity in Connecticut. HFD engaged in small loan lending to Connecticut borrowers without obtaining the required Connecticut small loan company license, in violation of Conn. Gen. Stat. § 36a-556(a)(4). HFD also failed to provide information requested during the investigation, violating Conn. Gen. Stat. § 36a-17(e). The company converted to Texas residency and submitted a license application that remains pending.

Quantum Computing Powers Daily Payments Security

NACHA published an educational article on April 14, 2026, outlining how quantum mechanics currently secures payment infrastructure and potential future threats from quantum computing to the payments industry. The article identifies risks including fraudulent transactions through false digital signatures and payment modification attacks. NACHA recommends that industry stakeholders audit payment infrastructures, vendor networks, and hardware modules including ATMs and POS terminals for quantum readiness.

Build Quantum-Safe Payments Readiness Plan Now

NACHA and its Payments Innovation Alliance Quantum Payments Project Team published guidance urging payments industry participants to build multi-year quantum-safe implementation plans. The guidance identifies "Harvest Now, Decrypt Later" (HNDL) as a systemic risk where the weakest cryptographic link threatens all participants. Organizations are advised to follow a three-phase quantum-safe readiness implementation road map covering assessment, planning, and migration.

Steps for Conducting Quantum-Safe Payments Risk Assessment

NACHA published an article outlining steps for payment stakeholders to assess quantum computing risks to their cryptographic infrastructure. The guidance recommends updating risk management plans to address quantum threats affecting external-facing applications, conducting vendor risk assessments of third-party processors and solution providers, and providing regular reporting to senior leadership and boards on inherent risks and mitigation controls.

Quantum Computing Threatens Payment Industry Cryptography

NACHA published a blog post warning the payments industry about quantum computing threats to current cryptography protocols. The article advises payment participants to begin quantum readiness planning, including inventorying critical data and assets that use public-key cryptography, and assessing vulnerabilities. The post references a white paper from the Payments Innovation Alliance Quantum Payments Project Team on protecting payments in the quantum era.

Payments Industry Must Plan for Quantum Computing Encryption Threats

NACHA published guidance on April 14, 2026 warning that quantum computers may eventually decrypt widely used encryption methods, posing risks to payments systems and data security. The article calls on financial institutions, payments processors, and other payments stakeholders to develop structured quantum-safe migration plans including technology road maps, system inventories, vendor engagement, and leadership alignment. The guidance references a companion paper published by the Nacha Payments Innovation Alliance Quantum Payments Project Team.

Payments Industry Steps Toward Quantum-Safe Security

NACHA published guidance for the payments industry on quantum computing risks and quantum-safe security preparedness. The advisory recommends financial institutions form quantum task forces, appoint subject-matter experts, and train senior leadership on post-quantum computing risks to payment systems. NACHA is an industry association, not a government regulator, and this content carries no binding compliance obligations.

Quantum Computing Myths in Payments Debunked

NACHA published an article debunking seven common myths about quantum computing in the payments ecosystem. The article addresses misconceptions about quantum threat timelines, post-quantum cryptography (PQC), and quantum-safe solutions for financial institutions, processors, and merchants. Key points include that quantum risks are already present, affect organizations of all sizes, and require careful implementation of NIST-standardized PQC algorithms.

Quantum-Safe Payments Education Blog Series Launched for World Quantum Day

NACHA's Payments Innovation Alliance launched a seven-part educational blog series on quantum-safe payments in support of World Quantum Day. The series translates the Alliance's foundational paper on quantum computing risks into practical guidance for the payments ecosystem. Blogs cover topics including quantum computing myths, getting started with quantum-safe planning, conducting risk assessments, and building readiness plans for organizations at every stage of quantum readiness.

ADGM FSRA Regulatory Alert Regarding MaskEx False Registration Claims

The ADGM Financial Services Regulatory Authority issued a regulatory alert warning the financial services community and public about misleading claims by an entity named MaskEx operating at maskex.com. MaskEx falsely claims to offer cryptocurrency wallet and trading platform services and purports to be registered with ADGM. The FSRA has clarified that MaskEx is not registered with or authorised by ADGM FSRA to conduct financial services activities.

Anti-Money Laundering and Countering the Financing of Terrorism Programs

The OCC, FDIC, and NCUA jointly propose a rule requiring banks and credit unions to establish and maintain effective AML/CFT programs reasonably designed to identify, assess, and mitigate illicit finance risks. The amendments align with AML Act of 2020 provisions and FinCEN proposals, intending to modernize Federal supervision of AML/CFT programs and enhance FinCEN's role in supervision and enforcement. Written comments on the proposal must be submitted by June 9, 2026.

Guidelines on Submission of Periodic Information by Benchmark Administrators, Credit Rating Agencies and Market Transparency Infrastructures

ESMA published guidelines establishing supervisory expectations for the submission of periodic information by benchmark administrators, credit rating agencies (CRAs), and market transparency infrastructures. The guidelines reference ESMA80-634726060-3085 and are available in multiple EU official languages. These guidelines create new reporting obligations for entities operating under EU securities regulations.

FinCEN AML Reset Proposes New AML/CFT Program Requirements

FinCEN issued a Notice of Proposed Rulemaking on April 7, 2026, that would significantly revise Bank Secrecy Act (BSA) anti-money laundering and countering terrorism financing (AML/CFT) program requirements across banks, credit unions, casinos, money services businesses, broker-dealers, mutual funds, insurance companies, futures commission merchants, and other covered financial institutions. The proposal introduces a formal definition of an "effective" AML/CFT program, requires integration of FinCEN's AML/CFT priorities into risk assessments, and establishes new governance and independent testing expectations. Comments are due 60 days after Federal Register publication (Docket No. FINCEN-2026-0034; RIN 1506-AB72), with a proposed 12-month implementation period following a final rule.

OCC and FDIC Finalize Rule Barring Use of Reputation Risk in Supervisory Exams

The FDIC and OCC jointly issued a final rule on April 7, 2026, prohibiting the use of reputation risk in supervisory exams. The rule bars the agencies from issuing supervisory criticism or taking adverse actions against institutions based on reputation risk. It also restricts agencies from pressuring institutions to terminate customer relationships based on constitutionally protected speech or lawful but disfavored business activities. The rule becomes effective 60 days after publication in the Federal Register.

SEC No-Action Position on Compliant Crypto Trading Platform Interfaces

The SEC Division of Trading and Markets issued a conditional no-action position allowing compliant user interfaces for crypto securities transactions to operate without registering as broker-dealers. The staff position applies to interfaces that provide neutral mechanics to facilitate transactions on trading platforms. Key conditions require interfaces to not negotiate terms, route orders, execute transactions, solicit securities, or process trade documentation. The relief is characterized as interim pending formal rulemaking.

Treasury Proposes State Stablecoin Regime Framework Under GENIUS Act

Treasury Proposes State Stablecoin Regime Framework Under GENIUS Act

Joint Bank Reporting Committee Opens Reporting Contact Group Applications

The Joint Bank Reporting Committee (JBRC), jointly established by the EBA and ECB, launched a public call for expressions of interest to join its Reporting Contact Group (RCG). The RCG serves as a forum for cooperation on banks' regulatory reporting matters. Applications are open to candidates across the EEA representing various stakeholder groups with expertise in supervisory, resolution, and statistical reporting. The deadline for applications is 28 April 2026.

Bank Branches Redesign for Wealth Management Client Privacy

ABA Banking Journal published an article on designing bank branch spaces to accommodate wealth management client privacy needs. The article discusses physical design considerations for financial institutions seeking to serve high-net-worth clients while maintaining confidentiality. No new regulatory requirements or compliance obligations are established by this publication.

Taliban Sanctions Notice - Four Names Amended on UN Resolution 1988 List

The Guernsey Financial Services Commission issued a sanctions notice advising that four individuals on the UN Security Council Consolidated List pursuant to Resolution 1988 concerning the Taliban have been amended. The affected individuals are Mohammad Hassan AKHUND, Abdul Ghani Baradar ABDUL AHMAD TURK, Amir Khan MOTAQI, and Gul Agha ISHAKZAI. All businesses in Guernsey must immediately check whether they maintain any relationships with these individuals or any other designated persons and freeze applicable funds or economic resources.

SEC Regulation 14C Comment Request, Extension

The SEC is requesting comments on extending OMB approval for Regulation 14C and Schedule 14C (OMB Control No. 3235-0057), which governs information statement requirements for issuers not soliciting proxies under Section 14(c) of the Securities Exchange Act of 1934. The SEC estimates approximately 354 respondents filing annually with a total annual burden of 39,756 hours and cost burden of $7,951,194. The SEC also seeks to designate this collection as a "common form" for use by other agencies.

Public Roundtable on Options Market Structure

The SEC has issued a Sunshine Act notice announcing a public roundtable on Thursday, April 16, 2026, from 9:00 a.m. to 3:15 p.m. ET at SEC headquarters in Washington, DC. The roundtable will discuss options market structure topics including facilitating competition in a quote-driven market, evaluating customer experience, and examining opportunities and challenges of growth. The meeting will be open to the public and webcast on the SEC website.

MEMX LLC Exchange Fee Schedule Rule Change - Liquidity Provision Tier 4 and Retail Sub-Dollar Liquidity Removal Tier

MEMX LLC Exchange filed a proposed rule change with the SEC to modify its fee schedule. The Exchange proposes to modify the required criteria under Liquidity Provision Tier 4 and adopt a new Retail Sub-Dollar Liquidity Removal Tier. The Exchange operates a Maker-Taker pricing model offering tiered pricing to Members based on volume criteria.

Cboe BZX Proposes Fee Changes, Effective April 1

Cboe BZX Proposes Fee Changes, Effective April 1

Nature's Miracle Holding 8-K: Change in Certifying Accountant

Nature's Miracle Holding filed a Form 8-K with the SEC disclosing a change in its certifying accountant. The filing, dated April 14, 2026, was submitted under Item 4.02 (Non-Reliance on Previously Issued Financial Statements), indicating the company is withdrawing or correcting prior financial disclosures. Public company investors and stakeholders should review the filing for details on the accounting firm transition and any identified material weaknesses.

AARP Fraud Prevention Month Offers Free Events on Spotting and Avoiding Scams

The New Hampshire Banking Department announces that AARP New Hampshire is hosting two free remote fraud prevention seminars in April 2026 to help Granite Staters recognize and avoid common scams. Events are scheduled for April 16 from 11:00 am to noon and April 30 from 6:00 to 7:00 pm.

Notice Regarding Broker-Dealer Reserve Computation Rules Under Rule 15c3-3a for U.S. Treasury Securities

The SEC published a notice clarifying that broker-dealers may include a debit in customer protection rule reserve computations when depositing cash, U.S. Treasury securities, and/or qualified customer securities to meet margin requirements of CME Securities Clearing Inc. (CMESC) for customer positions in U.S. Treasury securities. The notice addresses the application of Note H(b)(3) to Rule 15c3-3a regarding conditions for including such debits in reserve formulas.

FICC Partial Amendment Cross-Margining Agreement CME

The SEC published notice of no objection to Fixed Income Clearing Corporation's Third Amended and Restated Cross-Margining Agreement with Chicago Mercantile Exchange. Partial Amendment No. 2 was filed by FICC on March 4, 2026. The agreement extends cross-margining availability to positions cleared for customers by dually registered broker-dealer and futures commission merchant common members of both clearing organizations. The SEC received public comments on the advance notice published December 29, 2025.

AMG BBH Asset-Backed Credit Fund and Brown Brothers Harriman Credit Partners LLC - Investment Company Act Exemption Application

SEC published notice of application by AMG BBH Asset-Backed Credit Fund, LLC and Brown Brothers Harriman Credit Partners, LLC seeking exemptions under sections 6(c), 17(d), and 23(c) of the Investment Company Act of 1940. The applicants request permission to issue multiple classes of shares and impose asset-based distribution/service fees and early withdrawal charges on registered closed-end investment companies. Hearing requests must be received by May 5, 2026.

Cboe EDGX Rule Filing Increases Data Feed Depth Levels to Twelve

The SEC published notice that Cboe EDGX Exchange filed a proposed rule change under SR-CboeEDGX-2026-020 to amend Exchange Rule 13.8. The Exchange proposes to increase aggregated depth-of-book price levels in the Summary Depth data feeds from five to twelve price levels per side, and to provide up to twelve price levels for Cboe One Premium in addition to the existing five levels currently offered.

Cboe BZX Twelve Price Levels Data Feeds

SEC published notice of Cboe BZX Exchange's proposed amendment to Rule 11.22, filed pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934. The Exchange seeks to increase aggregated depth-of-book price levels in Summary Depth data feeds from five to twelve per side and provide up to twelve price levels for Cboe One Premium. Market participants using Cboe market data feeds may be affected by this technical change to data product specifications.

Cboe BYX Proposes Twelve Price Levels per Side for Data Feeds

The SEC published notice of Cboe BYX Exchange's proposed rule change to amend Rule 11.22 to increase aggregated depth-of-book price levels from 5 to 12 per side for Summary Depth and Cboe One Premium data feeds. The proposal was filed on April 2, 2026, and the SEC is soliciting comments from interested persons.

Cboe Exchange - VIX Future-Option Orders Proposed Rule Change - Order Instituting Proceedings

The SEC has issued an Order Instituting Proceedings to determine whether to approve or disapprove Cboe Exchange's proposed rule change to permit VIX future-option orders. The orders would combine VIX options traded on Cboe with VX futures traded on Cboe Futures Exchange, allowing investors to execute combined hedging or investment strategies in a single order rather than through separate transactions. The Commission received no public comments on the proposed rule change.