foobar on Twitter: Earlier today on spaces I eyeballed a 30 gwei threshold for ETH becoming inflationary/deflationary post-merge Turns out it's even lower, average basefee of 15 gwei is the determining factor.
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Federal Reserve Alert! U.S. economy likely to slow further, Fed’s Beige Book finds. Most business respondents “expected price pressures to persist at least through the end of the year.”
Source: https://www.federalreserve.gov/monetarypolicy/beigebook202209.htm
Overall Economic Activity
Economic activity was unchanged, on balance, since early July, with five Districts reporting slight to modest growth in activity and five others reporting slight to modest softening. Most Districts reported steady consumer spending as households continued to trade down
CNS accounts settle against a single Designated Account. It's therefore technically possible for a Member to deliver securities to NSCC’s CNS account to satisfy a short position in 1 CNS sub-account and receive the same securities from NSCC’s CNS account
CNS accounts settle against a single Designated Account. It's therefore technically possible for a Member to deliver securities to NSCC’s CNS account to satisfy a short position in 1 CNS sub-account and receive the same securities from NSCC’s CNS account in connection with a long position
FINRA Alert! Order APPROVING a Proposed Rule Change to Amend FINRA Rule 6730 (Transaction Reporting) to Enhance TRACE Reporting Obligations for U.S. Treasury Securities.
Source
SR-FINRA-2022-013
On May 23, 2022, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) and Rule 19b-4 thereunder, a proposed rule change to amend FINRA Rule 6730 (Transaction Reporting)
FICC GOV Alert! Effective September 02, 2022 Citadel Equity Fund Ltd. and Citadel Quantitative Strategies Master Fund Ltd. will be added as Sponsored Members of the Government Securities Division.
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SEC Alert! SEC Charges Advisory Firm and Executives with Devising an Elaborate Scheme to Defraud Clients out of More Than $75 Million through complex investment structures and a web of affiliate companies and allegedly used the proceeds to pay themselves
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SEC Alert! Paul Munter (Acting Chief Accountant) Statement - Auditor Independence and Ethical Responsibilities: Critical Points to Consider When Contemplating an Audit Firm Restructuring
Source
Introduction – Complex Business Relationships and Audit Firm Restructurings[1]
Auditor independence and a culture of professional ethical behavior are critical to an audit firm’s ability to fulfill its gatekeeper responsibilities.[2] Accounting firms must keep these responsibilities in mind in all contexts, including when exploring complex business relationships