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Federal Reserve Alert! Governor Christopher J. Waller in speech 'The Unstable Phillips Curve': "When Central Bank promises are credible, the Phillips curve should be relatively flat. Since January 2022, the Phillips curve is essentially vertical."

Good evening and Happy Friday Superstonk, resident jellyfish back with this interesting nugget. Let's get to it! Federal Reserve Governor Christopher J. Waller At the Macroeconomics and Monetary Policy, a conference sponsored by the Federal Reserve Bank of San Francisco, San Francisco, California Source: https://www.federalreserve.gov/

SEC Alert! Commissioner Caroline A. Crenshaw: "the dominance of a handful of large market-makers internalizing orders, and conflicts of interest between market intermediaries and their customers – are even more pronounced in the options markets."

Options markets account for 65% of PFOF payments. Fixed Income and Options: The Other Market Structures Remarks at the Fixed Income Forum Spring Roundtable: https://www.sec.gov/news/speech/crenshaw-remarks-fixed-income-forum-spring-roundtable-033023 This speech is long but worth the read. I am going to attempt to chop up the two main

Not a 'bailout'! $388.2475 billion in liquidity: A review of the tools the Fed is leveraging to provide banks liquidity while we get rate hikes.

Good afternoon Superstonk, resident jellyfish back with you for another review. Let's get to it! This week's Fed balance Sheet: https://www.federalreserve.gov/releases/h41/20230330/ What we are monitoring: * Discount Window/Primary Credit * Central Bank Liquidity Swaps * Bank Term Funding Program (BTFP) * “Other credit

SEC Alert! Special filing with Federal Register: SEC submits notice for the 13th CLOSED door meeting this year via the Sunshine Act for 2:00 p.m. on Thursday, April 6, 2023.

Source: https://public-inspection.federalregister.gov/2023-06962.pdf CLOSED door meetings this year: Meeting NumberDateSuperstonk Coverage123/30https://www.reddit.com/r/Superstonk/comments/11zw0jo/sec_alert_special_filing_with_federal_register/113/23https://www.reddit.com/r/Superstonk/comments/11t0j6c/sec_alert_special_filing_with_federal_register/103/16https://www.reddit.

Federal Reserve Alert! Senior Credit Officer Opinion Survey March 2023. Dealers were asked about the current net positioning of their clients with respect to Interest Rate volatility

For hedge funds, 1/4 of respondents , on net, indicated either that most clients are net short. Source: https://www.federalreserve.gov/data/scoos/scoos-202303.htm Summary: The March 2023 Senior Credit Officer Opinion Survey on Dealer Financing Terms collected qualitative information on changes in credit terms and conditions in

Commodity Futures Trading Commission (CFTC) Alert! CFTC Staff Issues No-Action Letter Regarding the Migration of Credit Default Swaps from ICE Clear Europe Ltd. Solutions

“require a temporary exemption from the trade execution requirement and required methods of execution.” Press Release: https://www.cftc.gov/PressRoom/PressReleases/8683-23 The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today published a no-action letter regarding the requirements in section 2(h)(8) of the Commodity

SEC Alert! Administrative Proceedings for Barclays PLC and Barclays Bank PLC: SEC creates fund for the $200 million fine Barclays received for selling "an unprecedented amount of securities—cumulatively totaling approximately $17.7 billion"

In addition, due to its failure to establish any internal control to track the amount of securities that were offered or sold on a real-time basis, beginning on or around January 28, 2021, BBPLC offered and sold securities in excess of what was registered on the 2019 Shelf. Source: https: