On June 7, 2023, the Securities and Exchange Commissionadopted final rule 9j-1 (“Rule 9j-1”)1 under the Securities Exchange Act of 1934 (the “Act”). Rule 9j-1 is designed to prevent fraud, manipulation, and deception in connection with transacting in, attempting to transact in, purchasing or selling, or inducing or attempting to induce the purchase or sale of any security-based swap (“SBS”).