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NSCC Alert! Notice of Filing of Partial Amendment No. 2 and Amendment No. 3 and of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Revise the Excess Capital Premium

Source: https://www.sec.gov/rules/sro/nscc/2022/34-96426.pdf Comments due: 15 days after publication in the Federal Register Rebuttal comments due: 21 days after publication in the Federal Register Additional Materials: Exhibit 3, Exhibit 4, Exhibit 5 This filing constitutes Amendment No. 3 to proposed rule change
dismal-jellyfish ๐Ÿ“ฐ News

SEC Alert! SEC Investor Advisory Committee to Discuss Investor Account Statements, Corporate Tax Transparency, and Single-Stock ETFs on December 8th.

Source: https://www.sec.gov/news/press-release/2022-213 The Securities and Exchange Commissionโ€™s Investor Advisory Committee will hold a virtual public meeting on December 8 at 10 a.m. ET. The meeting will be webcast on the SEC website. The committee will host three panels to discuss: Account statement
dismal-jellyfish ๐Ÿ“ฐ News

Inflation Alert! PCE inflation in the past 12 months was 5% with a 0.2% rise in October. In his speech yesterday, JPow stated: โ€œCore inflation often gives a more accurate indicator of where overall inflation is headedโ€

Source: https://www.bea.gov/news/2022/personal-income-and-outlays-October-2022 The PCE Price Index Excluding Food and Energy, also known as the core PCE price index, is released as part of the monthly Personal Income and Outlays report. The core index makes it easier to see the underlying inflation trend by excluding
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech: "We are currently evaluating whether the supervisory stress test that is used to set capital requirements for large banks reflects an appropriately wide range of risks."

Source: https://www.federalreserve.gov/newsevents/speech/barr20221201a.htm In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory policy must
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics