Dismal's Smacks

🌙 ☀️

Sign in Subscribe

dismal-jellyfish

dismal-jellyfish

SEC Alert! Dissent from Commissioner Hester M. Peirce on Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation

Earlier today: Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation Source to Commissioner Hester M. Peirce statement When Voluntary Means Mandatory and Forever: Statement on In the Matter of Ernst & Young LLP I could have supported an enforcement action

Federal Reserve Alert! Federal bank regulatory agencies today issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994.

Source (pdf) The statewide loan-to-deposit ratio relates to an individual bank and is the ratio of a bank’s loans to its deposits in a particular state where the bank has interstate branches. SECTION 109 HOST STATE LOAN-TO-DEPOSIT RATIOS The Board of Governors of the Federal Reserve System (Board), the

DTC Alert! Proposed Rule Change – Amendment to the Reorganizations Service Guide (SR-DTC-2022-007) provide Participants with the option to submit certain instructions via APIs and ISO 20022 real-time messaging for eligible ATOP, ASOP and APUTS

Source: https://www.dtcc.com/-/media/Files/pdf/2022/6/28/17074-22.pdf So what do they want real time messaging for? About DTC's Automated Subscription Offer Program (ASOP): DTC's Automated Subscription Offer Program (ASOP) allows you to accept a rights offer and receive the

NSCC Alert! NSCC PROPOSED RULE CHANGE – ADOPTION OF INTRADAY VOLATILITY CHARGE AND ELIMINATION OF INTRADAY BACKTESTING CHARGE (SR-NSCC-2022-009)

Goldman Sachs is reportedly raising $2B to buy buy up distressed assets from troubled crypto lender Celsius: Sources

Federal Reserve Alert! Federal Reserve Board releases results of annual bank stress test, which according to the Fed shows that banks continue to have 'strong capital levels'

Source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20220623a.htm The Federal Reserve Board on Thursday released the results of its annual bank stress test, which showed that banks continue to have strong capital levels, allowing them to continue lending to households and businesses during a severe recession. All banks tested

'The market could reach an ‘investable’ bottom after analysts cut earnings estimates' - Jim Cramer 6/23/22