2023capitalmarketsregulatoryoutlookCENTERforREGULATORYSTRATEGYAMERICAS2023capitalmarketsregulatoryoutlook2ContentsIntroduction1Regulatorychurn3T+1Amendmentstothedefinitionofbroker-dealerBestexecutionMarketstructureproposalsReinvigoratedenforcement7ElectronicCommunicationsRegS-PandRegS-IDactionsDigitalassetsTheregulatoryhorizon10ElectronicrecordkeepingBranchofficeinspectionsComplexproductsLookingforward11Endnotes12Contacts132023capitalmarketsregulatoryoutlook1Thecurrentvolumeofproposedregulatorychangecomparestothatofthepost–Dodd-Frankperiod.In2023,weexpecttheimpactstorippleacrossfirmsandmarketsintransformationalandhard-to-predictways.Weidentifythreethemes...
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