Dismal's Smacks

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dismal-jellyfish

dismal-jellyfish

FINRA 'discipline' RBC Capital Markets from 8/28/15-11/2/20, reported to FINRA a total of 1,554,311,898 orders & from 8/28/15-11/2/20 11,623,033 orders with an inaccurate capacity code. Penalties? $1,005,000 in fines & censure.

Good morning Superstonk! Jellyfish here with you to share something I saw via FINRA's discipline: RBC Capital Markets from 8/28/15-11/2/20, reported to FINRA a total of 1,554,311,898 orders & from 8/28/15-11/2/20 11,623,033 orders with an

6/7/2023: Gamestop states SEC investigation appears to be finished, per 1st Quarter 10-Q. 6/12/2023: SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme. So I guess you can say things are getting pretty serious?

SEC Alert! SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme.

* SEC Complaint https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-107.pdf Press Release: The Securities and Exchange Commission today charged investment adviser Sabby Management LLC and its managing partner, Hal D. Mintz, with fraud in connection with a long running scheme involving misrepresentations and violations of rules for short

Between January 2016 and June 2021,TD Ameritrade sent its customers confirmations for ~9.8 million transactions that omitted required disclosures regarding customers' purchase of Exchange Traded Notes ETNs.

ETN is an unsecured debt security that tracks an underlying index of securities--a short tool https://www.finra.org/sites/default/files/fda_documents/202107054701%20TD%20Ameritrade%20Clearing%2C%20Inc.%20CRD%205633%20AWC%20lp.pdf Punishment? What Are Exchange-Traded Notes (ETNs), and How Do They Work? Exchange-traded notes (ETNs) are

SEC Chair Gary Gensler: "Given that most crypto tokens are subject to the securities laws, it follows that most crypto intermediaries have to comply with securities laws as well."

"In other parts of our securities markets, the exchange, broker-dealer, and clearing functions are separate." Source: https://www.sec.gov/news/speech/gensler-remarks-piper-sandler-060823 Before getting to Gary's speech: A DEX is an exchange and proof of delivery for assets one to one, so it is not

Five federal regulatory agencies today requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.

Could cause issues if an entity were using overvalued property as collateral in swap transactions to facilitate naked shorting... https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230608a2.pdf * The Board, CFPB, FDIC, NCUA, and OCC (together, the agencies) are issuing proposed guidance that would highlight risks associated with deficient residential

CFTC Alert! CFTC today approved: Final Rule: Governance Requirements for Derivatives Clearing Organizations (DCO), DCO Recovery and Orderly Wind-down Plans, amendments to Large Trader Reporting Requirements, and to solicit public comment on European

The Commodity Futures Trading Commission at its open meeting today approved the following: Final Rule: Governance Requirements for Derivatives Clearing Organizations: * CFTC unanimously approved a final rule that adopts amendments to its rules to require derivatives clearing organizations (DCOs) to establish and consult with one or more risk management committees