Federal Reserve Alert! Atlanta Fed lowers its second-quarter GDP estimate to minus 1%, down from +0.3% on Monday
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FINRA Alert Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend FINRA Rule 6120 (Trading Halts) to Conform to Recent Amendments to the SIP Plans and to Make Technical and Clarifying Changes to the Rule
Source (pdf)
Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend FINRA Rule 6120 (Trading Halts) to Conform to Recent Amendments to the SIP Plans and to Make Technical and Clarifying Changes to the Rule
Comments due:ย 21 days after publication in the Federal RegisterAdditional Materials:
Federal Reserve RRP Alert! Federated Hermes U.S. Treasury Cash Reserves is no longer a reverse repo counterparty, effective June 29
Per u/OldmanRepo (the definitive source on all things RRP):
They donโt use the RRP. Simply go through their monthly holding lists.
https://www.federatedinvestors.com/products/mutual-funds/us-treasury-cash-reserves/is.do
Go to characteristics and scroll down to their bimonthly holding list pdfs
This looks to be a nothing
UBS to Pay $25 Million to Settle SEC Fraud Charges Involving Complex Options Trading Strategy.
Source: https://www.sec.gov/news/press-release/2022-117
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GDI OpenSea! If only there was an alternative marketplace players and creators could turn to... Soonโข
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FICC-GOVE Alert! Submission of Rule Filing SR-FICC-2022-005 โ Revising the Formula Used to Calculate the VaR Charge for Repo Interest Volatility
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DTC Alert! Proposed Rule Change โ Amendment to the Reorganizations Service Guide (SR-DTC-2022-007) provide Participants with the option to submit certain instructions via APIs and ISO 20022 real-time messaging for eligible ATOP, ASOP and APUTS
Source: https://www.dtcc.com/-/media/Files/pdf/2022/6/28/17074-22.pdf
So what do they want real time messaging for?
About DTC's Automated Subscription Offer Program (ASOP):
DTC's Automated Subscription Offer Program (ASOP) allows you to accept a rights offer and receive the