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SEC Alert! SEC Chair Gary Gensler Statement on Current Market Events: "As I’ve said, in times of increased volatility and uncertainty, the SEC is particularly focused on identifying and prosecuting any form of misconduct that might threaten investors..."

SEC Alert! SEC Chair Gary Gensler Statement on Current Market Events: "As I’ve said, in times of increased volatility and uncertainty, the SEC is particularly focused on identifying and prosecuting any form of misconduct that might threaten investors, capital formation, or the markets more broadly" Reddit Post

OPEN for comment! ICE Clear Europe's New Game Plan: Futures and Options Default Management Policy '2.0'.

OPEN for comment! ICE Clear Europe's New Game Plan: Futures and Options Default Management Policy '2.0'. The new policy would clarify and enhance certain practices relating to hedging strategy following a default and set out the key factors to consider in declaring and managing an

FTD Alert! FOMC's decision to raise Fed Funds Rate by 25 basis points will not result in a change in TMPG Fail Charge. Settlement Obligation fails (FTDs in Treasury & Government bonds) will continue to be charged at the TMPG fail charge floor rate.

https://www.dtcc.com/-/media/Files/pdf/2023/5/3/GOV1469-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/5/3/MBS1218-23.pdf https://twitter.com/susannetrimbath/status/1521955876386394113 Dr. T dropping knowledge. They charge 3% MINUS fed funds target rate (minimum 1%) Treasury Market Practices Group

FTD Alert! Today’s FOMC decision to raise Fed Funds Rate by 25 basis points will not result in a change in TMPG Fail Charge. Settlement Obligation fails (FTDs in Treasury & Government bonds) will continue to be charged at the TMPG fail charge floor rate.

https://www.dtcc.com/-/media/Files/pdf/2023/5/3/GOV1469-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/5/3/MBS1218-23.pdf https://twitter.com/susannetrimbath/status/1521955876386394113 Dr. T dropping knowledge. They charge 3% MINUS fed funds target rate (minimum 1%) Treasury Market Practices Group

Federal Reserve Alert! Yesterday and today CLOSED meetings of the Board of Governors of the Federal Reserve System were held under expedited procedures as it was determined that the public interest did not require opening the meeting.

Matter Considered: Discussion of Monetary Policy Issues. Source: https://www.federalreserve.gov/aboutthefed/boardmeetings/20230502closed.htm On Tuesday, May 2, 2023 at 10:00 a.m. and continued on Wednesday, May 3, 2023 at 9:00 a.m., a meeting of the Board of Governors of the Federal Reserve System

Gensler: "Under the final rule, these new, more-timely reports—within 72 hours from large hedge fund advisers & quarterly from private equity fund advisers—will inform financial regulators on certain events that may indicate significant stress.."

"Under the final rule, these new, more-timely reports—within 72 hours from large hedge fund advisers & quarterly from private equity fund advisers—will inform financial regulators on certain events that may indicate significant stress or otherwise signal for systemic risk & investor harm." https://www.sec.gov/

Proposed Amendments to Form PF: "The amendments will require large hedge fund advisers and all private equity fund advisers to file current reports upon the occurrence of certain reporting events that could indicate significant stress"

Source: https://www.sec.gov/files/ia-6297-fact-sheet.pdf * Final Rule Press Release: https://www.sec.gov/news/press-release/2023-86 The Securities and Exchange Commission today adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds. The amendments are designed to enhance the ability