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Sen. Rick Scott: "The Federal Reserve has become a monster." "It’s clear that we need answers and accountability that cannot be provided by the current system." "We can’t wait any longer for big change at the Fed."

"If we do nothing, we risk repeating 2008." Source: https://www.marketwatch.com/story/sen-rick-scott-the-fed-isnt-owning-up-to-its-failures-we-need-to-make-it-accountable-19d3697c The Federal Reserve has become a monster. The Fed is the world’s largest and most powerful central bank. It spent years buying up trillions in government bonds, mortgage securities, and other financial

From January 2011 through December 2022, Barclays Capital failed to report, or inaccurately reported, over-the-counter options positions to the LOPR in approximately 4.3 million instances in violation.

Punishment? A censure and $2.5 million fine without admitting or denying the findings. Source: https://www.finra.org/sites/default/files/fda_documents/2019061076001%20Barclays%20Capital%2C%20Inc.%20CRD%2019714%20AWC%20gg.pdf BACKGROUND * Barclays Capital became a FINRA member in October 1987. * The firm is headquartered in New

FDIC Alert! Yesterday, a CLOSED meeting of the Board as it was determined that the public interest did not require opening the meeting. Matters related to the FDIC’s supervision, corporate, and resolution activities considered.

TIME AND DATE: 10:27 a.m. on Tuesday, April 18, 2023. https://public-inspection.federalregister.gov/2023-08502.pdf TLDRS: * Yesterday, a CLOSED meeting of the Board as it was determined that the public interest did not require opening the meeting. * Matters related to the FDIC’s supervision, corporate, and resolution

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: