dismal-jellyfish

dismal-jellyfish

SEC Chair Gary Gensler: "While the SEC oversees more than 7,000 public company issuers, there are around 50,000 municipal securities issuers. Strikingly, there are approximately one million different outstanding municipal securities"

https://www.sec.gov/news/speech/gensler-remarks-municipal-securities-disclosure-conference-051023 Highlights: * "Based on these authorities, in 1989 the Commission adoptedโ€”and as recently as in 2018 amendedโ€”Rule 15c2-12." * "The rule ensures that those acting as underwriters of municipal securities confirm that issuers agree to make continuous disclosures to investors,
dismal-jellyfish ๐Ÿงฑ Market Reform

SEC Chair Gary Gensler: "Many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied."

"This might create greater risk in times of stress" The Next โ€œCentury of Progress": Remarks before the International Swaps and Derivatives Association Annual Meeting https://www.sec.gov/news/speech/gensler-remarks-isda-051023 Highlights: * "Broadly speaking, our proposal would require clearinghouses to ensure that their members bring in
dismal-jellyfish ๐Ÿงฑ Market Reform

Icahn Enterprises Responds to Self-Serving Short Seller Report: "We recently have taken steps to reduce the short positions in our hedge book and concentrate for the most part on activism, which has served us so well in the past."

Source: https://finance.yahoo.com/news/icahn-enterprises-responds-self-serving-150000648.html How is this related to GME? Icahn allegedly holds a short position in GameStop: https://www.thestreet.com/memestocks/gme/gamestop-stock-carl-icahns-short-could-backfire https://www.reuters.com/business/carl-icahn-holds-short-position-gamestop-bloomberg-news-2022-11-21/ Reducing the position potentially? Buying pressure? Reddit Post
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

NY Fed President John C. Williams: "The Federal Reserve is committed to bringing inflation down. As the Mandalorian would say, Price stability. "This is the way." In "The Rise of Skywalker," Anakin urged Rey to "bring back the balance."

https://www.newyorkfed.org/newsevents/speeches/2023/wil230509 Highlights: "The Federal Reserve is committed to bringing inflation down. As the Mandalorian would say, "Price stability." * ""This is the way."" "The FOMC is mandated by Congress to promote maximum employment and price stability.
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Companies hide negative news by issuing unrelated press releases alongside SEC filings, study shows.

It found that, alongside 8-K reports featuring negative news, managers tend to push out simpler, unrelated press releases to divert attention from the harder-to-read regulatory filings. Source: https://news.nd.edu/news/companies-hide-negative-news-by-issuing-unrelated-press-releases-alongside-sec-filings-study-shows/ To distract investors from bad news, companies strategically issue unrelated press releases on the same day they
dismal-jellyfish ๐Ÿงฑ Market Reform

Federal Reserve Alert! Financial Stability Report for assessing the resilience of the U.S. financial system:

"The share of newly issued loans to large corporations with debt multiples greater than 5 remained at a historically high level in 2022, indicating stable tolerance for additional leverage." https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf The framework focuses primarily on assessing vulnerabilities, with an emphasis on
dismal-jellyfish ๐Ÿ“ฐ News

April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices: Regarding loans to businesses tighter standards and weaker demand for commercial and industrial loans, weaker demand for all commercial real estate (CRE) loan categories.

Source: https://www.federalreserve.gov/data/sloos/sloos-202304.htm The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and
dismal-jellyfish ๐Ÿ“ฐ News