Sign in Subscribe
dismal-jellyfish

dismal-jellyfish

SEC Alert! Division of Corporation Finance issues comments to China-based companies seeking more specific & prominent disclosure about legal & operational risks associated & the potential impact on operations and investorsโ€™ interests if disallowed

Recent events have highlighted the risks associated with investing in companies that are based in or that have the majority of their operations in the Peopleโ€™s Republic of China (China-based companies). The Division of Corporation Finance believes that more prominent, specific, and tailored disclosure about these risks, and companiesโ€™
dismal-jellyfish ๐Ÿ“ฐ News

Dr. T on Twitter: Financial regulatory system is not broken. It works exactly as designed. Phantom Shares are enabled by system that views FTDs as innocent, or worse โ€“ as a valid investment strategy & a means for Market Makers to create liquidity.

Source: https://twitter.com/SusanneTrimbath/status/1471947355117154305 "Financial regulatory system is not broken. It works exactly as designed. Phantom Shares are enabled by system that views FTDs as innocent, or worse โ€“ as a valid investment strategy & a means for Market Makers to create liquidity. Thatโ€™s a system
dismal-jellyfish ๐Ÿ“ณ Social Media

SEC Alert! SEC Proposes New Share Repurchase Disclosure Rules. The proposal would establish new Form SR for reporting issuer share repurchases and enhance existing periodic disclosure.

Source The proposed rules would require an issuer to provide a new Form SR before the end of the first business day following the day the issuer executes a share repurchase. Form SR would require disclosure identifying the class of securities purchased, the total amount purchased, the average price paid,
dismal-jellyfish ๐Ÿ“ฐ News

Non-Fungible (round)Table Alert! Please join u/Luma44 and me for an NFT Roundtable with @0xmons @alexgausman and @KeramDesign about NFTs, their financialization, and the technology that powers them.

Hello r/Superstonk resident jellyfish here with you (joined by u/Luma44) to announce an AMA-style roundtable about Non-Fungible Tokens (NFTs), their financialization, and the technology that powers them is ready for viewing. Participant's background and resources for learning: There is a lot to unpack here, so buckle
dismal-jellyfish ๐Ÿ’ก Education

Internet Outage shenanigans? Currently, any users attempting to submit a TRACE or Over the Counter Reporting Facility (ORF) form filing will incur an error. FINRA has stated they will advise when this issue has been resolved.

Source The Trade Reporting and Compliance Engine is the FINRA-developed vehicle that facilitates the mandatory reporting of over-the-counter transactions in eligible fixed income securities. All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules. Source The OTC Reporting
dismal-jellyfish ๐Ÿ“ฐ News