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Yesterday's Effective Federal Funds Rate was 4.33%. Am I doing the math correctly and reading the rules correctly that they are MAKING money on Treasury FTD's?

Yesterday's Effective Federal Funds Rate was 4.33%. Am I doing the math correctly and reading the rules correctly that they are MAKING money on Treasury FTD's? penalties for fail = (3% - 4.33%) * (the value of the position owed), which would result in a '

SEC Alert! Antonia Apps Named Director of New York Regional Office. Ms. Apps previously served as an Assistant U.S. Attorney in the Southern District of New York’s Criminal Division where she investigated and prosecuted securities fraud cases.

SEC Alert! Antonia Apps Named Director of New York Regional Office. Ms. Apps previously served as an Assistant U.S. Attorney in the Southern District of New York’s Criminal Division where she investigated and prosecuted securities fraud cases involving hedge funds, broker-dealers, banks and more. Source: https://www.sec.

Office of Financial Research Alert! OFR finds Hedge Fund Activities Can Influence the U.S. Treasury Yield Curve.

Source: https://www.financialresearch.gov/the-ofr-blog/2022/12/27/hedge-fund-activities-can-influence-the-us-treasury-yield-curve/ The March 2020 stress on the U.S. Treasury market raised questions about the role of hedge funds in the financial system and whether their activities can increase systemic risk. Using a sample of regulatory hedge fund data that spanned

Commissioner Hester M. Peirce: 'A smaller budget might assist the The Public Company Accounting Oversight Board (PCAOB) in being more selective, hewing more closely to its narrow mandate, and better stewarding its resources.'

Source: https://www.sec.gov/news/statement/peirce-pcaob-budget-20221223 The Public Company Accounting Oversight Board (“PCAOB”) is requesting $349.5 million for its 2023 budget and a $329.4 million accounting support fee to fund it.[1] Sarbanes-Oxley gave the Securities and Exchange Commission (“SEC”) responsibility for approving the PCAOB’s

SEC Alert! Securities and Exchange Commission today announced that General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023.

Source: https://www.sec.gov/news/press-release/2022-235 The Securities and Exchange Commission today announced that General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023. Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General Counsel, effective upon Mr. Berkovitz’s departure. "I am

Federal Reserve Alert! The final 2022 quarterly Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) released today.

Source: https://www.federalreserve.gov/data/scoos/files/scoos_202212.pdf The Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) is a quarterly survey providing information about the availability and terms of credit in securities financing and over-the counter (OTC) derivatives markets. The SCOOS is modeled after the