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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

What is the Obligation Warehouse?: Obligation Warehouse (OW) is a non-guaranteed, automated service of NSCC that facilitates the matching of broker-to-broker ex-clearing trades and provides Members with the ability to track, manage and resolve their failed obligations in real-time. About: OW facilitates the matching of obligations submitted by Members for

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: It has taken a couple of days but this morning, Vice Chairman Travis Hill and Director Jonathan McKernan released a joint statement

Reminder, for FY 2023 CFTC: 96 enforcement actions charging fraud, manipulation, & other significant violations in diverse markets, including digital assets & swaps markets resulting in over $4.3 billion in penalties, restitution and disgorgement... Press Release: The Securities and Exchange Commission today announced that it filed 784 total enforcement