The Insider Desk.

Curated disclosures from individuals with material non-public information and no material sense of consequence. Distributed to members on a strictly selective basis, minutes before it stops mattering.

STRICTLY CONFIDENTIAL — FORWARD FREELY BRIEFING 001

FROM: , Office of the Chairman

RE: Position guidance ahead of

Members are advised that intends to no later than . The Committee views this as and recommends members before the broader market becomes .

As always, this communication does not exist.

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