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(Release No. 34- 92495; File No. SR-GEMX-2021-07) Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Opening Process.

Primary Market Maker must enter a quote in 90% of their assigned series in 1 minute. Nasdaq GEMX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Opening Process (Release No. 34-92495; File No. SR-GEMX-2021-07); see also Exhibit 5 Reddit Post

The Securities and Exchange Commission today announced the approval of a substituted compliance determination order with respect to security-based swap dealers and major security-based swap participants (SBS Entities) subject to regulation in the French

Source The Securities and Exchange Commission today announced the approval of a substituted compliance determination order with respect to security-based swap dealers and major security-based swap participants (SBS Entities) subject to regulation in the French Republic (the French Order). This is the first determination that addresses substituted compliance in connection

SMCF Participant Update! The following have been added to the list of Secondary Market Corporate Credit Facility counterparties, effective July 26, 2021: 1. Bancroft Capital, LLC 2. Cabrera Capital Markets, LLC 3.Raymond James & Associates, Inc., and 4.St

Source https://www.investopedia.com/secondary-market-corporate-credit-facility-smccf-4800900 Remember, these are non-investment grade bonds now yielding even less because of inflation. VENDORS On March 24, 2020, the New York Fed retained BlackRock Financial Markets Advisory as a third-party vendor to serve as the investment manager for this facility. BlackRock was selected for

(Release No. 34-92501; File No. SR-LCH SA-2021-001) Self-Regulatory Organizations; LCH SA; Order Approving Proposed Rule Change Relating to the Clearing of Single-Name Credit Default Swaps by U.S. Customers

LCH SA: Order Approving Proposed Rule Change Relating to the Clearing of Single-Name Credit Default Swaps by U.S. Customers (Release No. 34-92501; File No. SR-LCH SA-2021-001) https://www.sec.gov/rules/sro/lchsa/2021/34-92501.pdf Reddit Post

Extreme Weather and Inflation Alert! Associated Press: Dixie fire merges with Fly fire in California as blazes scorch West. More than 85 large wildfires burning around the country, most of them in Western states.

Source California’s largest wildfire merged with a smaller blaze and destroyed homes in rugged and remote areas, as numerous other fires burned across the U.S. West. The Dixie fire had already leveled over a dozen houses and other structures in Northern California when it combined with the Fly

Inflation and Data Alert! A dive into week 28 rail traffic and earnings from Union Pacific and CSX, update on Chicago embargo, and the STB chairman steps into the fray.

First, the week 28 data for rail: https://www.aar.org/news/rail-traffic-for-the-week-ending-july-17-2021/ Traffic is definitely up compared to pandemic compressed 2020. 2021 is closer to 2019 than 2018 though. However, I think this comes down to employment and the earnings calls from CSX and Union Pacific speak to this:

Wut Doin BNY? BNY Mellon Alcentra Opportunistic Global Credit Income Fund and BNY Mellon Investment Adviser, Inc. (Release No. IC-34344; File No. 812-15214)

BNY Mellon Alcentra Opportunistic Global Credit Income Fund and BNY Mellon Investment Adviser, Inc. (Release No. IC-34344; File No. 812-15214) 270.23c-3 Repurchase offers by closed-end companies. Section 18(a)(2)Asset coverage, and other restrictions, applicable to the issuance or sale of senior securities representing stock by closed-end investment