Dismal's Smacks

🌙 ☀️

Sign in Subscribe

Latest

2/16/23 Nomura requested an order to permit to issue multiple classes of shares & to impose asset-based distribution &/or service fees & early withdrawal charges. Are they trying to make it more expensive to remove money from them?

Applicants: Nomura Alternative Income Fund and Nomura Private Capital LLC. Summary of Application Applicants request an order to permit certain registered closed-end investment companies to issue multiple classes of shares and to impose asset-based distribution and/or service fees and early withdrawal charges. https://public-inspection.federalregister.gov/2023-06432.pdf Hearing

Sam Bankman-Fried Faces New U.S. Indictment Over Chinese $40 million Bribery Charge.

Source:https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.113.2.pdf Reddit Post

NSCC, FICC-MBS, FICC-GOV, DTC Alert! Proposed updates to rules remove fax machines and provide an official email address for sending a copy of any notices to NSCC. FICC-MBS, FICC-GOV, DTC. Previously in writing and delivered, mailed, or faxed 'counted'

https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2023/FICC/SR-FICC-2023-005.pdf On March 28, 2023, Fixed Income Clearing Corporation (“FICC”) filed a proposed rule change (SR-FICC-2023-005) (“Filing”) with the Securities and Exchange Commission (“SEC”) to make administrative updates to the FICC Government Securities Division Rulebook (“GSD Rules”

FDIC Alert! Remarks by Chairman Martin J. Gruenberg on Recent Bank Failures and the Federal Regulatory Response before the Committee on Banking, Housing, and Urban Affairs: "The state of the U.S. financial system remains sound despite recent events."

Source: https://www.fdic.gov/news/speeches/2023/spmar2723.pdf Chairman Brown, Ranking Member Scott and Members of the Committee, thank you for the opportunity to appear before the Committee today to address recent bank failures and the Federal regulatory response. On March 10, 2023, just over two weeks ago,

Federal Reserve Alert! Testimony by Vice Chair for Supervision Michael S. Barr on bank oversight before the U.S. Senate Committee on Banking, Housing, and Urban Affairs: "Our banking system is sound and resilient, with strong capital and liquidity."

Source: https://www.federalreserve.gov/newsevents/testimony/barr20230328a.htm Our banking system is sound and resilient, with strong capital and liquidity. The Federal Reserve, working with the Treasury Department and the Federal Deposit Insurance Corporation (FDIC), took decisive actions to protect the U.S. economy and to strengthen public confidence

Examples of Market Participants Currently Trading on Binance and Binance’s Efforts to Help Them Evade Its Compliance Controls

More details: Commodity Futures Trading Commission (CFTC) Alert! CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange. Reddit Post

Commodity Futures Trading Commission (CFTC) Alert! CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange.

Complaint: Binance Holdings Limited et, al Examples of Market Participants Currently Trading on Binance and Binance’s Efforts to Help Them Evade Its Compliance Controls: Trading Firm B: Trading Firm C CFTC Press Release: https://www.cftc.gov/PressRoom/PressReleases/8680-23 The Commodity Futures Trading Commission today announced it has