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Comments: Wut Mean?: * The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC/CIRO) published Staff Notice 23-329, requesting public feedback on short selling regulations. * They received 23 comments from various stakeholders. The comments showed no consensus on the ideal regulatory regime for short selling, ranging

Fact Sheet: Press Release: The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule to implement a special assessment to recover the loss to the Deposit Insurance Fund (DIF) associated with protecting uninsured depositors following the closures of Silicon Valley Bank and Signature Bank. The Federal

Source: https://www.federalreserve.gov/newsevents/speech/barr20231116a.htm Highlights: * "As I mentioned, as yields on deposit alternatives, such as money funds, increased as our tightening cycle took hold, banks found they needed to start paying higher interest rates to retain deposits and pay up for alternative sources of

Source: https://www.sec.gov/news/statement/peirce-governance-20231116 Clearing agencies play a critical role in our markets. Therefore, sound regulation of clearing agencies should be a priority for the Commission. The approach embodied in the final rule, however, micromanages clearing agency governance in a way that is likely to divert

As we covered yesterday, earlier this week, the Wall Street Journal called out the FDIC's toxic work environment: This was also picked up by u/chikaca over at r/Superstonk: Today Chairman Travis Hill and Director Jonathan McKernan are back with an additional statement: This has been a

Source: https://www.sec.gov/news/statement/gensler-statement-clearing-agency-111623 Today, the Commission adopted final rules relating to the governance and use of outside service providers by clearinghouses. I am pleased to support this adoption because it helps foster more resilient clearinghouses. Clearinghouses play a vital role in our capital markets. They