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SEC Alert! SEC today adopted rules to require securities exchanges to adopt listing standards that require issuers to develop and implement a policy providing for the recovery of erroneously awarded incentive-based compensation

SEC Alert! SEC today adopted rules to require securities exchanges to adopt listing standards that require issuers to develop and implement a policy providing for the recovery of erroneously awarded incentive-based compensation received by current or former executive officers. Source: https://www.sec.gov/news/press-release/2022-192 Fact Sheet: https:
dismal-jellyfish ๐Ÿ“ฐ News

CFPB Issues Guidance to Help Banks Avoid Charging Illegal Junk Fees on Deposit Accounts. Banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019.

Source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-guidance-to-help-banks-avoid-charging-illegal-junk-fees-on-deposit-accounts/ Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about two junk fee practices that are likely unfair and unlawful under existing law. The first, surprise overdraft fees, includes overdraft fees charged when consumers had enough money in their account to cover
dismal-jellyfish ๐Ÿ“ฐ News

The Consumer Confidence Index decreased in October. "Consumersโ€™ expectations regarding the short-term outlook remained dismal. The Expectations Index is still lingering below a reading of 80โ€”a level associated with recession'

Understanding Consumer Confidence Index (CCI) The CCI is released on the last Tuesday of every month, and it is widely regarded as the most credible gauge of U.S. consumer confidence. Essentially, it is a barometer of the health of the U.S. economy and is based on consumers'
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Housing Alert! S&P CoreLogic Case-Shiller Indices, a leading measure of U.S. home prices, continued to decelerate in August. U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 13.0% annual gain in August

Housing Alert! S&P CoreLogic Case-Shiller Indices, a leading measure of U.S. home prices, continued to decelerate in August. U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 13.0% annual gain in August, down from 15.6% in the previous
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

SEC Alert! Gary Gensler: Treating like market participants alike, and promoting market integrity, increases investor trust in the overall markets.

SEC Alert! Gary Gensler: Treating like market participants alike, and promoting market integrity, increases investor trust in the overall markets. It focuses participantsโ€™ competition on price, service, and other key factors, rather than on whether the game is fair or the information is trustworthy. Source: https://www.sec.gov/news/
dismal-jellyfish ๐Ÿ“ฐ News

FINRA Alert! The third-quarter data tables for the TRACE Fact Book are now available. The tables include aggregated information for securitized products as well as corporate and agency debt securities, including trades reported, the top 50 issues by trade

Source: https://www.finra.org/filing-reporting/trace/trace-fact-book The TRACE Fact Bookโ€”based on aggregated data as entered into the Trade Reporting and Compliance Engine (TRACE)โ€”is intended to give a historical perspective of the over-the-counter (OTC) U.S. corporate bond, agency debenture, asset-backed and mortgage backed security markets. The
dismal-jellyfish ๐Ÿ“Š Data