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Federal Reserve & FDIC Alert! Results of their joint review of the resolution plansโ€”also known as living wills (for bankruptcy)โ€”that the eight largest and most complex domestic banking organizations submitted in 2021.

Federal Reserve & FDIC Alert! Results of their joint review of the resolution plansโ€”also known as living wills (for bankruptcy)โ€”that the eight largest and most complex domestic banking organizations submitted in 2021. The agencies identified a shortcoming in Citigroup Inc.'s resolution plan. Source: https://www.federalreserve.
dismal-jellyfish ๐Ÿ“ฐ News

SEC Alert! SEC Publishes FY22-26 Strategic Plan outlining agency objectives to fight against fraud, maintain a robust and relevant regulatory framework, and sustain a skilled and diverse workforce to serve Americaโ€™s investors and capital-raising

SEC Alert! SEC Publishes FY22-26 Strategic Plan outlining agency objectives to fight against fraud, maintain a robust and relevant regulatory framework, and sustain a skilled and diverse workforce to serve Americaโ€™s investors and capital-raising entrepreneurs alike. Source: https://www.sec.gov/news/press-release/2022-210 https://www.sec.gov/files/
dismal-jellyfish ๐Ÿ“ฐ News

Federal Reserve Alert! November 1-2 Minutes of the Federal Open Market Committee (FOMC).

Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20221102.htm Committee Ethics Discussion The Chair began with a discussion of ethical standards and acknowledged the great privilege and heavy responsibility that come with being entrusted to make policy decisions. There was agreement that the Federal Reserve can be effective only when there
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! Kansas City Federal Reserve Bank President Esther George: โ€œWhile high savings is likely to provide momentum to consumption and require higher interest rates,โ€

Source: https://www.bnnbloomberg.ca/fed-s-george-says-higher-us-savings-may-also-mean-higher-rates-needed-1.1849990 Inflation Alert! Kansas City Federal Reserve Bank President Esther George: โ€œWhile high savings is likely to provide momentum to consumption and require higher interest rates,โ€ โ€œBut that said, reduced inflation will mean we have to incent saving over consumption.
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

FINRA November 2022 Monthly Disciplinary Actions Alert! In a repeat offense and without admitting or denying the findings, Wedbush Securities Inc censured, fined a total of $900,000.

Source: https://www.finra.org/sites/default/files/fda_documents/2019061872201%20Wedbush%20Securities%2C%20Inc.%20CRD%20877%20AWC%20lp%20%282022-1666916413754%29.pdf During the periods of January 1, 2016 through July 31, 2020 and December 9, 2020 through April 7, 2021, Wedbush Securities, Inc. violated Regulation SHO Rules 204(
dismal-jellyfish ๐Ÿ“ฐ News

Inflation Alert! San Francisco Fed President Mary Daly speech at the Orange County Business Council: "But the truth about policy is we have to slow the economy to bring inflation down. This is why central banking is fairly unpopular."

San Francisco Fed President Mary Daly speech at the Orange County Business Council: "But the truth about policy is we have to slow the economy to bring inflation down. This is why central banking is fairly unpopular." "we have a lot of work to do". Source:
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics