Dismal's Smacks

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Whistleblower Alert! SEC shames whistleblower for 'unreasonably delayed reporting to the Commission' after having just stated: ' Claimant 1, who persistently alerted the Commission to the ongoing abusive practices for a number of years...'

Whistleblower Alert! SEC shames whistleblower for 'unreasonably delayed reporting to the Commission' after having just stated: ' Claimant 1, who persistently alerted the Commission to the ongoing abusive practices for a number of years before the investigation was opened'. Source: https://www.sec.gov/rules/other/2022/

FDIC Systemic Resolution Advisory Committee (SRAC) to Meet Next Week. The meeting will facilitate discussion on the FDIC’s resolution authority, granted under the Dodd–Frank Act of 2010

FDIC Systemic Resolution Advisory Committee (SRAC) to Meet Next Week. The meeting will facilitate discussion on the FDIC’s resolution authority, granted under the Dodd–Frank Act of 2010, to manage the orderly resolution of large, complex financial institutions whose failure could threaten stability. Source: https://www.fdic.gov/news/

The evolution of Jerome Powell

Federal Reserve issues FOMC statement: The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.

Federal Reserve issues FOMC statement: The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent. Source: https:

SEC Alert! Commissioner Hester M. Peirce Statement Closing Act, Proposed Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting: 'I cannot support even releasing this proposal for comment.'

Hester is big mad. Source: https://www.sec.gov/news/statement/peirce-statement-open-end-funds-110222 Thank you, Mr. Chair. I cannot support even releasing this proposal for comment. At a time when so much of our rulebook is up for discussion, nobody has the bandwidth to consider properly a proposal that would fundamentally

SEC Alert! The SEC voted to propose amendments to better prepare open-end funds for stressed conditions & to mitigate dilution of shareholders’ interests.

SEC Alert! The SEC voted to propose amendments to better prepare open-end funds for stressed conditions & to mitigate dilution of shareholders’ interests. Would enhance how funds manage their liquidity risks, require mutual funds implement liquidity management tools, & more timely & detailed reports Source: https://www.sec.gov/news/

SEC Alert! Chair Gary Gensler: Today, the Commission will consider whether to propose amendments to enhance the liquidity risk management of open-end funds.

SEC Alert! Chair Gary Gensler: Today, the Commission will consider whether to propose amendments to enhance the liquidity risk management of open-end funds. I’m pleased to support the proposal because, if adopted, it would promote investor protection and greater resiliency for open-end funds. Source: https://www.sec.gov/news/