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dismal-jellyfish

NSCC Can Kick Aler! Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Revise the Excess Capital Premium Charge. Please consider reading and submitting comments so that retail's voice is heard!

Source: SR-NSCC-2022-00534-95245: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Revise the Excess Capital Premium Charge Additional Materials: Exhibit 5Comments received are available for this proposal. * Submit Comments on SR-NSCC-2022-005 Wut Mean? The proposed rule change consists of modifications to Procedure XV (Clearing
dismal-jellyfish ๐Ÿ“ฐ News

DTCโ€™s Rules currently do not require any level or version for network technology, such as a web browser, or any level or version of communications technology or protocols, such as email encryption, secure messaging, or file transfers

DTCโ€™s Rules currently do not require any level or version for network technology, such as a web browser, or any level or version of communications technology or protocols, such as email encryption, secure messaging, or file transfers, that participants may use to connect to or communicate with DTC. Source:
dismal-jellyfish ๐Ÿ“ฐ News

Coinbase launched its NFT Marketplace 5/4 and did $75,000 in volume (~25 ETH). GameStop's Marketplace is live less than a day and individual creator's projects have more volume than Coinbase did for the whole day!

Source: https://coin telegraph.com/news/tumbleweeds-blow-through-coinbase-nft-on-its-first-day-just-75k-in-volume: on-chain data showing a maximum of 150 total transactions on the day and a $75,000 volume. ETH was ~2943.42 that day, so Coinbase did a little over 25 ETH in volume. You can see a GameStopNFT project's total volume
dismal-jellyfish โ˜ Hype/ Fluff

NSCC Clearing Services - Equities Alert! DISCIPLINARY NOTICE CONCERNING LEK SECURITIES CORPORATION. For breaching the Activity Cap on six separate trading days worth unsettled clearing activity,

NSCC Clearing Services - Equities Alert! DISCIPLINARY NOTICE CONCERNING LEK SECURITIES CORPORATION. For breaching the Activity Cap on six separate trading days worth unsettled clearing activity, NSCC has imposed the maximum fine of $120,000 ($20,000 for each violation)... Reddit Post
dismal-jellyfish ๐Ÿ“ฐ News

Dr. T on Twitter: OK, but Apples & Oranges. Fed gives net income (less capital replenishment) to Treasury:$107.4 billion for 2021. "Cede" or DTC [not DTCC] "rebates" net income (less cap repl) to DTC members: $0 for 2021, $25 million for 2020.

Dr. T on Twitter: OK, but Apples & Oranges. Fed gives net income (less capital replenishment) to Treasury:$107.4 billion for 2021. "Cede" or DTC [not DTCC] "rebates" net income (less cap repl) to DTC members: $0 for 2021, $25 million for 2020. Fed could
dismal-jellyfish ๐Ÿ“ณ Social Media

Dr. T on Twitter: Oh, I didn't say they can't/don't keep track of FTDs and FTRs. Trust me, if a broker owes something to DTCC, they keep track of it! Likewise if broker owes broker! The question is: will they tell household investors? <spoiler alert!> No

Dr. T on Twitter: Oh, I didn't say they can't/don't keep track of FTDs and FTRs. Trust me, if a broker owes something to DTCC, they keep track of it! Likewise if broker owes broker! The question is: will they tell household investors?
dismal-jellyfish ๐Ÿ“ณ Social Media