The member's alert feed, newest first. ?unread=1 filters to unread; bounded to 500 rows. Session-only (a desk pair sees trading, not the whole account's alert stream).

P4: DISMISSED alerts are EXCLUDED by default — dismissing is how a member clears the feed. ?dismissed=1 includes them again, so nothing a member dismissed is silently unrecoverable; only DELETE removes a row for good.

THIS FEED IS THE MEMBER'S OWN NEWS, NOT OURS (2026-08-20). Only db.MEMBER_ALERT_KINDS are returned — the daily brief, a desk running out of money, a bot's own rules firing, a corporate action. Application errors, engine reconciles and operator digests were reaching real member dashboards; they are internal and now stop here. The allowlist fails CLOSED: a kind nobody classified is hidden until it is added.

?internal=1 returns the unfiltered stream and is honoured for ADMINS ONLY (the admin growth page reads its own admin_digest this way). A non-admin passing it gets the member feed regardless — the flag is a request, never a grant.