๐ฐ News DTC Proposed Rule Change โ Amendments to the DTC Rules and the Procedures, Service Guide, DTC Operational Arrangements and Elimination of the Canadian Dollar Settlement Feature of the Canadian-Link Service (SR-DTC-2021-012) https://www.dtcc.com/-/media/Files/pdf/2021/6/29/15582-21.pdfReddit Post
FDIC Second Quarter Quarterly Banking Profile: "The vast majority of community banks (96.7%) reported unrealized losses on securities." Today the FDIC released second quarter financial results in its latest Quarterly Banking Profile published today. U.S. commercial banks and savings institutions insured by the FDIC reported $71.5 billion in net income for Q2 2024, a $7.3 billion (11.4%) increase from the previous quarter, driven by
SEC Charges 6 Credit Rating Agencies with significant recordkeeping failures. The Firms admit to wrongdoing and agree to pay penalties totaling more than $49 million to settle SEC charges. The Securities and Exchange Commission (SEC) announced charges against six nationally recognized statistical rating organizations (NRSROs) for failing to maintain and preserve electronic communications as required by federal securities laws. The firms admitted to the violations, agreed to pay over $49 million in combined civil penalties, and have begun implementing
PETITION TO ENFORCE RULES! NOT WAIVERS! Ever felt cheated in the Wall St casino? You probably were. We've been robbed and the rules of Wall St's casino allows them to. The National Securities Clearing Corporation (NSCC), which clears and settles stock trades, has a Rule for throwing out rules [NSCC Rules]. The