Dismal's Smacks

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Error 403: Forbidden. Commissioner Hester M. Peirce's response to the SEC reopening Rule 3b-16 (Alternative Trading Systems and the Definition of an Exchange) produces an Error 403: Forbidden on the SEC's page.

EDIT: The speech is now available. Error 403: Forbidden. Commissioner Hester M. Peirce's response to the SEC reopening Rule 3b-16 (Alternative Trading Systems and the Definition of an Exchange) produces an Error 403: Forbidden on the SEC's page. Rendering Innovation Kaput: Statement on Amending the Definition

SEC Reopens Comment Period for Proposed Amendments to Exchange Act Rule 3b-16 and Provides Supplemental Information.

"The reopening release reiterated the applicability of existing rules to platforms that trade crypto asset securities, including so-called “DeFi” systems" Source: https://www.sec.gov/rules/proposed/2023/34-97309.pdf Exchange Activity Involving Crypto Asset Securities and DLT under the Proposed Rules Crypto Asset Securities * Crypto assets generally

NSCC, FICC, DTC Alert! Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Update the Clearing Agency Securities Valuation Framework added to the Federal Register and OPEN for comment. The Entire Exhibit is [REDACTED]

Federal Register Sources: Fixed Income Clearing Corp. National Securities Clearing Corp.The Depository Trust Co.Source filings: SR-NSCC-2023-003 34-97280 Apr. 11, 2023 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Update the Clearing Agency Securities Valuation Framework Comments due: 21 days after publication in the Federal

Fed's Waller: "Since Dec. 2021, core inflation has basically moved sideways with no apparent downward movement."

"Financial conditions haven't significantly tightened, the labor market continues to be strong & quite tight, & inflation is far above target, so monetary policy needs tightened further" Source: https://www.federalreserve.gov/newsevents/speech/waller20230414a.htm Highlights: "The BTFP and discount window appear to have

Since 2007, the SEC has filed 1,430 meetings via the Sunshine Act. 928 meetings (65%) CLOSED to the public. 737 (52%) meetings were CLOSED to the public & considered ENFORCEMENT matters.

In this period, 8% of meetings CLOSED to the public & considered ENFORCEMENT matters have occurred since 2021. CLOSED door meetings 2023: Meeting NumberDate174/20164/13154/6143/30133/23123/16113/9103/292/2382/1672/962/251/2641/1931/1221/911/5 The next CLOSED meeting is 4/20... https://www.

SEC Alert! Special filing with Federal Register: SEC submits notice for the 15th CLOSED door meeting this year via the Sunshine Act for 2:00 p.m. on Thursday, April 20, 2023.

Source: https://public-inspection.federalregister.gov/2023-08187.pdf Previous CLOSED door meetings this year: Meeting NumberDate164/13154/6143/30133/23123/16113/9103/292/2382/1672/962/251/2641/1931/1221/911/5 Seems to be a weekly occurrence every week since the year began. What has them so occupied? The Federal

$342.5637 billion as of 4/12 ($1,807 billion so far...): An update on the tools the Fed is using to give banks liquidity while 'we' get Inflation & Rate Hikes

Good afternoon and HAPPY almost Friday Superstonk, resident jellyfish back with you for another week's review of the Fed's tools. Let's "Hit it"! This week's Fed balance Sheet: https://www.federalreserve.gov/releases/h41/20230413/ What we are monitoring: * Discount