dismal-jellyfish

dismal-jellyfish

SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC.

SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC. The amendments enhance how large hedge fund advisers report investment exposures, borrowing and counterparty exposure, & more

Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers Wut Mean? Among other things, the amendments to Form PF will enhance how large hedge fund advisers report investment exposures, borrowing and counterparty exposure, market factor effects, currency exposure, turnover, country and industry exposure, central clearing counterparty reporting,
dismal-jellyfish ๐Ÿ“ฐ News
When a Clearing Member fails, the OCC's domino falls before other Clearing Members

OCC Proposes Reducing Margin Requirements To Prevent A Cascade of Clearing Member Failures. A template to comment to the SEC included. Comments due by February 15th, 2024.

Good afternoon! In a follow-up to my previous posts u/WhatCanIMakeToday has dug into it all and written a brilliant follow-up post with a template to comment to the SEC and given me permission to repost their post here. The OCC is once again proposing rules to can kick MOASS
dismal-jellyfish ๐Ÿงฑ Market Reform
SEC Commissioner Gary Gensler

Gary Gensler: "Three years ago this week, ... the GameStop events unfolded." "part of this event related to market plumbing." "Many everyday investors lost access to the market at a critical time."

โ€œTime is Money. Time is Riskโ€ Prepared Remarks before the European Commission Source: https://www.sec.gov/news/speech/gensler-speech-prepared-remarks-european-commission-012524 Highlights: * "Three years ago this week, ... the GameStop events unfolded" * "part of this event related to market plumbing." * "Rapidly changing prices led a number of
dismal-jellyfish ๐Ÿ“ฐ News
BTFP will cease making new loans as scheduled on March 11

It's official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm Today, the Fed announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 and that the program will continue to make loans until that time and is available as an additional source of
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Options Clearing Corporation's new idiosyncratic margin rule set to be published in the Federal Register 1/25/24.

In what appears to be a change to prevent what caused the 'sneeze' from happening again, Options Clearing Corporation's idiosyncratic threshold rule set to be published in the Federal Register 1/25/24. Comments due by February 15th.

This is a follow-up to this post from over the weekend. Once again, I understand options are a divisive topic amongst r/Superstonk but this is not a post to advocate using them either wayโ€“as always if you do not know what you are doing with options it is
dismal-jellyfish ๐Ÿงฑ Market Reform
Options Clearing Corporation is looking to adjust parameters for calculating margin requirements

Options Clearing Corporation is looking to adjust parameters for calculating margin requirements during periods when the products it clears & the markets it serves experience high volatility. OPEN for comment!

I understand options are a divisive topic amongst r/Superstonk but this is not a post to advocate using them either wayโ€“as always if you do not know what you are doing with options it is best to stick with buying shares and DRSing. However, as we will cover
dismal-jellyfish ๐Ÿงฑ Market Reform
Senator Brown, Colleagues Urge Agencies to Complete Adoption of the Basel Capital Standards

Senator Brown, Colleagues Urge Agencies to Complete Adoption of the Basel Capital Standards With Strong Final Rule Consistent With the Proposal. Remember, Fed Governor Bowman and Industry Want to Pump the Brakes & Defang These Reforms.

โ€œCapital is the linchpin of safety and soundness in our banking system. When a bank uses more capital to fund its investments and activities instead of debt, it is investors and shareholders, not workers and taxpayers, that take a hit if the bank faces challenges. Strong capital is the shock
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