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NSCC Alert! Notice of Filing of Proposed Rule Change to Adopt Intraday Volatility Charge and Eliminate Intraday Backtesting Charge.

SR-NSCC-2022-009 34-95286Additional Materials: Exhibit 5 * Submit Comments on SR-NSCC-2022-009 Purpose NSCC is proposing to enhance its Clearing Fund methodology by implementing an intraday volatility charge that may be collected by NSCC to mitigate the risks presented by Membersโ€™ adjusted intraday Net Unsettled Positions and Net Balance Order Unsettled Positions (โ€œNet
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DTC Alert Can Kick Alert! Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Amend the Stress Testing Framework and Liquidity Risk Management Framework

34-95282 34-95080 Additional Materials: Exhibit 3, Exhibit 5a and 5b Comments received are available for this proposal. What mean? The proposed rule change consists of amendments to the Clearing Agency Stress Testing Framework (Market Risk) (โ€œST Frameworkโ€) and the Clearing Agency Liquidity Risk Management Framework (โ€œLRM Framework,โ€ and, together with
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SEC Alert! Commissioner Hester M. Peirce is against today's proposed rules that govern when public companies must include shareholder proposals in their proxy statements. Is anyone surprised by her position?

Source: https://www.sec.gov/news/statement/peirce-statement-proxy-voting-advice-071322 I appreciate the staffโ€™s diligence, graciousness, professionalism, and hard work throughout this rulemaking process. Staffโ€™s valuable time, however, could have been put to better use. For example, staff could have worked immediately on addressing outstanding issues around proxy plumbing and,
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Ruh Roh! Mortgage Applications Decrease in Latest MBA Weekly Survey: -4% week-to-week, -18% year-over-year ( below 2008 levels ), 4 week moving average down -17.25%.

Ruh Roh! Mortgage Applications Decrease in Latest MBA Weekly Survey: -4% week-to-week, -18% year-over-year ( below 2008 levels ), 4 week moving average down -17.25%. After reaching a record $460,000 in March 2022, the average purchase loan size was $415,000 last week. Source: https://www.mba.org/news-and-research/newsroom/
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