SEC Awards Approximately $3 Million to Two Whistleblowers Source: https://www.sec.gov/news/press-release/2021-100 Reddit Post
Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel Source: https://www.sec.gov/news/press-release/2021-101 Reddit Post
But where is 005?!?!?! DTC Proposed Rule Change โ Amendment to the Reorganizations Service Guide (SR-DTC-2021-010) Reddit Post
KABOOM, another record! $583.892 Billion in Reverse Repo operations occurred today. Previously it was $547.808 Billion 0% to 49 participants. Today is $583.892 Billion 0% interest to 59 participants. Reddit Post
Some fun with the charts in the U.S. MMFsโ repos with the Federal Reserve, and data showing treasuries could be used as collateral. I started by looking here. It is delayed data but is better than nothing! I think it is safe to say the increased Failure's to Deliver in Treasuries is part of what is at least driving demand in the Reverse Repo market: https://www.financialresearch.gov/short-term-funding-monitor/market-digests/
The wait is almost over.... I never thought in a million years I would look forward to Monday, but here we are. ๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐ Reddit Post
Yesterday, the Office of Information & Regulatory Affairs released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions. The report lists short- and long-term regulatory actions that administrative agencies plan to take. I love Friday news dumps The full agenda can be viewed here. A bunch of good stuff here, but of course my eyes zoom in on 'Short Sale Disclosure Reform' Ooooh, let's learn more about 929X(a) I found a copy of section 929X(a) This