Indiana Jones and the Raiders of the Synthetic Shares! As of April 30, 2022 โ Retail investors have Direct Registered over $1,903,095,000 worth of GameStop stock. I think itโs time to ask yourself; what do you believe in?
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dismal-jellyfish
Susanne Trimbath PhD on Twitter: Tho DTCC moved pilot distributed ledger tech (DLT) program to development Sept 2021, this Jun 2022 article explains major hurdles for bringing DLT to post-trade equities. #1: a "fundamental re-design" of clearing model.
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U.S. Census Bureau Alert! A review of the Advance monthly sales for retail and food services sales for May 2022.
Source (pdf)
Good morning r/Superstonk! Let's dive into this! Before we get too far into this, please remember retail sales only covers the sale of goods (for example gas)--not services (for example travel). Services make up almost 2/3 of consumer spending.
Still, the price of
foobar on Twitter: Rehypothecating collateral with multiple lenders, where have I seen this one before
Source: https://twitter.com/0xfoobar/status/1537508148575092737
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SEC Alert! Brokerage firm sold $13.3 million worth of high-risk bonds to retirees and other retail investors. Maybe they should make a meme video for educating these firms
Brokerage firm sold $13.3 million worth of high-risk bonds to retirees and other retail investors. Maybe they should make a meme video for educating these firms, they clearly do not know the rules they are supposed to be operating by and are harming retirees and retail.
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FICC - MBS Alert! IN informing clients of the TMPG fail charge rate change based on the Fed's adjustment
Why does the TMPG recommend a financial charge on settlement fails?
Persistent elevated fail levels create market inefficiencies, increase credit risk for market participants and heighten overall systemic risk. In higher rate environments, the time value of money that is lost when delivery is not made as contracted provides an
SEC Charges Weiss Asset Management with Short Selling Violations. Weiss Asset Management LP has agreed to pay approximately $6.9 million to settle charges
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