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dismal-jellyfish

Resulting in over $4.3 billion in penalties, restitution and disgorgement.

CFTC Releases FY 2023 Enforcement Results: 96 enforcement actions charging fraud, manipulation, & other significant violations in diverse markets, including digital assets & swaps markets.

Press Release: The Commodity Futures Trading Commission today released its enforcement results for Fiscal Year 2023 that include a record setting number of digital asset cases, actions to hold registrants to their regulatory obligations, manipulation and spoofing actions, and precedent-setting court decisions in complex litigations. The 2023 annual enforcement actions
dismal-jellyfish ๐Ÿ“ฐ News
Notice of Open Meeting of the FDIC Systemic Resolution Advisory Committee

12/5/23 an OPEN meeting of the Systemic Resolution Advisory Committee to be held. The agenda will include a discussion of a range of issues & developments related to the resolution of systemically important financial companies.

Wut Mean?: * The Advisory Committee will provide advice and recommendations on a broad range of policy issues regarding the resolution of systemically important financial companies. * The meeting is OPEN to the public Tuesday, December 5, 2023, from 9 a.m. to 4:30 p.m.. * The agenda will include a
dismal-jellyfish ๐Ÿ“ฐ News
Reserve Bank of Australia Statement on Monetary Policy

Reserve Bank of Australia Statement on Monetary Policy: "forecasts for both headline and underlying inflation over the year ahead have been revised higher" "The inflation forecasts out to 2025 have also been revised higher."

There are both upside and downside risks to the outlook for inflation. Domestic demand pressures on inflation could be more persistent than anticipated โ€“ for example, if growth in consumer spending or investment were stronger than forecast โ€“ and cost pressures on inflation could be accentuated by supply-side shocks from the conflicts
dismal-jellyfish ๐ŸŒก๏ธ Inflation
A credit event has taken place with respect to Country Garden Holdings Company Limited.

DTCC: A Protocol Activation Event has occurred. ISDA Determinations Committee: a credit event has taken place with respect to Country Garden Holdings Company Limited. Closed per the final decision made by the Determination Committee.

Wut Mean?: We talked about this the other day when it first popped up. Due to a financial event concerning Country Garden Holdings Company Limited, a specific protocol has been activated in the Trade Information Warehouse. All relevant records in the Warehouse will be automatically processed concerning this event, but
dismal-jellyfish ๐Ÿ“ฐ News
50 companies filed for bankruptcy in October

50 companies filed for bankruptcy in October, down from 61 in September, according to the latest S&P Global Market Intelligence data. So far, 561 companies sought bankruptcy protection, more than any year since 2010, except for 2020.

Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-slow-in-october-number-of-large-filings-rises-78294932 TLDRS: * 50 companies filed for bankruptcy in October, down from 61 in September. * This was the second-lowest monthly total for the year so far, though still elevated compared to monthly filing totals for most of 2021 and 2022. * So far,
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics
SEC Chair Gary Gensler

SEC Chair Gary Gensler: "We have bank and nonbank intermediaries using leverage, particularly in the prime brokerage relationships, and when stress enters the system, the result can be instability."

Hello, I hope everyone is enjoying a wonderful Tuesday. I was reviewing Gary Gensler's remarks before SIFMA and found his use of personal anecdotes mixed in with the facts he was delivering, come off as a louder and louder alarms for something ahead. Highlights: You might askโ€”why
dismal-jellyfish ๐Ÿ“ฐ News