Sunday 4 October 2026

Last filing 19:31 GMT

The Industry Spread

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The Industry Spread

Levels as stated when filed. Not live prices. Analysis, not investment advice.

SEC release 34-106458 fines OTC Link $575,000 over Reg SCI gaps

OTC Link LLC pays $575,000 in SEC release 34-106458 after Regulation SCI access-control and vulnerability policies sat in draft from 2016 to 2025.

Rick Steves

CFTC Letter 26-27 makes mention markets presumptively manipulable

CFTC Letter 26-27 presumes mention markets are manipulable under Core Principle 3. What DCMs must show, and how Ontario, the UK and EU compare.

Rick Steves

SEC innovation exemption caps tokenised stocks at 75 and 250 symbols

SEC order 34-106402 lets real tokenised NMS stock trade on permissioned AMM venues until 2031, capped at 75 and 250 symbols. Synthetic tokens are excluded.

Rick Steves

Alpine Funded review: the payout that waits for a third withdrawal

Alpine Funded suits a trader who reads the Base Camp help centre before paying, because the homepage percentage is not the cash paid out. It does not suit anyone who needs the first profit milestone. Without an On-Demand add-on, the payout article dated 28 April 2026 releases the first and second payouts only with the third. The biggest caveat is a second article that calls the add-on 25% of the scheduled payout, not 25% of profit. The firm publishes no audited payout total, and no withdrawal was verified here.

Abdelaziz FathiProp Firms

Abdelaziz Fathi

Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets.

528 stories since 2021Prop Firms, Market News

Rick Steves

Rick Steves has seen business and economics through many lenses.

1,942 stories since 2017Fintech, Regulation

Karthik Subramanian

Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem.

1,732 stories since 2018Digital Assets, Industry News

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Filed around 4 October in 2025, 2023, 2022 and 2021

2022