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NSCC, FIC-MBS, FIC-GOV, DTC Alert! OPEN for comment: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Clearing Agency Investment Policy. The Investment Policy itself is COMPLETELY [REDACTED].

How is one supposed to intelligently comment on REDACTED materials? Sources: NSCC: SR-NSCC-2023-005 FIC-MBS, FIC-GOV: SR-FICC-2023-006 DTC: SR-DTC-2023-005 [REDACTED]: Exhibit 5 Purpose: * The proposed rule change amends the Clearing Agency Investment Policy (“Investment Policy”, or “Policy”) of FICC and its affiliates, The Depository Trust Company (“DTC”) and National Securities Clearing

CFTC & OPEN comment Alert! Notice requesting Approval for Collection 3038-0117, Exemption from Derivatives Clearing Organization Registration.

IF collected, the information allows CFTC "to conduct its oversight of U.S. persons and the swaps that are cleared by U.S. persons through the exempt DCO." https://public-inspection.federalregister.gov/2023-11423.pdf Highlights: * The Commodity Futures Trading Commission (“CFTC” or “Commission”) is announcing an opportunity for

First Republic Bank acquirer JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees today, weeks after its takeover of the failed lender.

sources: 1. https://sfstandard.com/business/first-republic-employees-laid-off-in-brief-scripted-phone-calls/ 2. https://www.marketwatch.com/story/jpmorgan-lays-off-about-1-000-former-first-republic-employees-c2afa328 3. https://www.wicz.com/story/48974110/jpmorgan-is-cutting-about-1000-first-republic-bank-employees 4. https://www.ft.com/content/935fa23a-c295-4ba0-abd5-63fcf9649609 https://sfstandard.com/business/first-republic-employees-laid-off-in-brief-scripted-phone-calls/ REMINDER: A

S&P Global Ratings: “We are entering an EBITDA recession”

This is why I hold DRS'd GameStop shares: American workers’ expectations for a comfortable retirement hit the lowest level in 11 years. 71% of nonretired adults are at least moderately worried about being able to fund their retirement.

This includes 42% who say they are very worried. https://news.gallup.com/file/poll/506336/230524Retirement.pdf Source: https://news.gallup.com/poll/506330/americans-outlook-retirement-worsened.aspx Nonretired Americans’ expectations for a comfortable retirement are the most pessimistic they have been since 2012, falling 10 percentage points since 2021, including

$285 billion from the liquidity fairy as of 5/24: Reviewing the Bank's sweetheart liquidity programs while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates

$285 billion from the liquidity fairy as of 5/24: Reviewing the Bank's sweetheart liquidity programs while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates to fight an inflation problem the

Hedge funds record biggest outflows of year in April as investors pull $11.57 billion

Source: https://www.marketwatch.com/story/hedge-funds-record-biggest-outflows-of-year-in-april-as-investors-pull-12-billion-9b8aeae0 Investors pulled $11.57 billion out of hedge funds in April, marking the sector’s biggest month of fund outflows of the year, according to Nasdaq eVestment. The exodus was concentrated in equity hedged funds, where $8.94 billion of funds were removed