Dismal's Smacks

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NSCC Clearing Services - Equities Alert! DISCIPLINARY NOTICE CONCERNING LEK SECURITIES CORPORATION. For breaching the Activity Cap on six separate trading days worth unsettled clearing activity,

NSCC Clearing Services - Equities Alert! DISCIPLINARY NOTICE CONCERNING LEK SECURITIES CORPORATION. For breaching the Activity Cap on six separate trading days worth unsettled clearing activity, NSCC has imposed the maximum fine of $120,000 ($20,000 for each violation)... Reddit Post

My Web3 game face when corporate media says 'the Reddit Raiders refuse to give an inch, the borrow is tight, and the Apes keep buying.'

SEC Alert! Hester M. Peirce Statement on the Order Granting Temporary Conditional Exemptive Relief from Certain Requirements of the National Market System Plan Governing the Consolidated Audit Trail

Federal Reserve Alert! Vice Chair Lael Brainard speech: Crypto-Assets and Decentralized Finance through a Financial Stability Lens at Bank of England Conference, London, United Kingdom

Source Recent volatility has exposed serious vulnerabilities in the crypto financial system.1 While touted as a fundamental break from traditional finance, the crypto financial system turns out to be susceptible to the same risks that are all too familiar from traditional finance, such as leverage, settlement, opacity, and maturity

Federal Reserve Alert! Vice Chair Lael Brainard speech: Crypto-Assets and Decentralized Finance through a Financial Stability Lens at Bank of England Conference, London, United Kingdom

Source: https://www.federalreserve.gov/newsevents/speech/brainard20220708a.htm Given the foundational role of fiat currency, there may be an advantage for future financial stability to having a digital native form of safe central bank money—a central bank digital currency. A digital native form of safe central bank money

Federal Reserve Alert! Minutes of the Federal Open Market Committee, June 14-15, 2022

Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20220615.htm Effective June 16, 2022, the Federal Open Market Committee directs the Desk to: * Undertake open market operations as necessary to maintain the federal funds rate in a target range of 1-1/2 to 1-3/4 percent. * Conduct overnight repurchase agreement operations with