Steam not connecting - with system error 10016

Permabanned
Joined
15 Apr 2010
Posts
10
Hi guys, looking for some assistance.

Just built a new system and everything seems to be working fine - however, when I try to log into steam it will not connect, and generates the system error in the picture below every time?

Tried re-installing Steam (as Admin, to other location i.e C:\steam , D:\Steam etc)

Checked the CLSID in the registry and it points to Runtimebroker?

Any ideas?

Screenshot of event viewer error

 
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