Dismal's Smacks

🌙 ☀️

Sign in Subscribe

Latest

The FDIC estimates that the failures of Silicon Valley Bank and Signature Bank resulted in losses of approximately $22.5 billion. $19.2 billion is attributable to the protection of uninsured depositors under the Systemic Risk Exception

Semiannual Update on the DIF Restoration Plan https://www.fdic.gov/news/board-matters/2023/2023-04-18-notice-dis-a-mem.pdf Potential losses: * Losses from past bank failures and reserves related to potential future bank failures affect the reserve ratio by lowering the fund balance. * In recent years, the DIF has experienced low losses from

These are the fields CBOE proposed for the end-of-month report (“EOM Report”) to be included in the US Equity Short Volume & Trades Report (a proposed NEW REPORT) that provides a record of all short sale transactions for the month.

Federal Reserve Alert! Governor Michelle W. Bowman speaking on the potential politicization of CBDC policy objectives:

"potential to allow the government to limit certain types of private spending or limit access to banking accounts, it could also threaten the Federal Reserve's independence." Source: https://www.federalreserve.gov/newsevents/speech/bowman20230418a.htm Highlights: * While the Federal Reserve plays an important role in these

CBOE Alert! CBOE propose rules OPEN FOR COMMENT to Introduce a New Data Product to be Known as the US Equity Short Volume & Trades Report. Introduces a new, end-of-month report containing a record of all short sale transactions for the current month.

Sources: * Cboe BYX Exchange, Inc.: https://public-inspection.federalregister.gov/2023-08221.pdf https://cdn.cboe.com/resources/regulation/rule_filings/approved/2023/SR-CboeBYX-2023-006.pdf * Cboe BZX Exchange, Inc. https://public-inspection.federalregister.gov/2023-08222.pdf https://cdn.cboe.com/resources/regulation/rule_filings/pending/2023/SR-CboeBZX-2023-013.pdf * Cboe EDGA Exchange, Inc. https:

SEC Commissioner Crenshaw: "Margin calls are sometimes pointed to as a source of procyclicality"

"This change ensures that covered clearing agencies are aware of intraday exposures that may arise, rather than potentially remaining unaware of them and delaying any ability to react until end of day." Statement on Covered Clearing Agency Resilience and Recovery and Wind-Down Plans SEC Commissioner Caroline A. Crenshaw

This is Form 19b-4(e). The SEC proposed in rules filed today and OPEN for comment, rules that would require the DERIVATIVES information currently contained in Form 19b-4(e) to be publicly posted on the SRO’s website. Would you like to see this data?

Source: https://public-inspection.federalregister.gov/2023-06330.pdf Summary * The Securities and Exchange Commission (“Commission” or “SEC”) is proposing to require electronic filing or submission of certain forms and other filings or submissions that are required to be filed with or submitted to the Commission under the Securities Exchange Act of

Federal Reserve Alert! Today, a CLOSED meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures as it was determined that the public interest did not require opening the meeting.

Today, a CLOSED meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures as it was determined that the public interest did not require opening the meeting. Matter Considered: Discussion of the Semiannual Financial Stability Report. Source: https://www.federalreserve.gov/aboutthefed/boardmeetings/20230417closed.