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CFTC Alert! OPEN for comment: CFTC is seeking to continue collection of Swap Dealers and Swap participants, Swap Data Recordkeeping and Reporting Requirements, Swap Dealer and Major Swap Participant Conflicts of Interest and Business Conduct Standards

Good afternoon Superstonk! The Commodities Futures Trading Commission has 3 notices surrounding Swaps that can be commented on, let's dig in! OMB Control No. 3038-0072 applies to the Registration Forms for registration of swap dealers and major swap participants: https://public-inspection.federalregister.gov/2023-14251.pdf How to comment:

FDIC/Fed/Comptroller of Currency Alert! Final Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts.

"The agencies have found that prudent CRE loan accommodations and workouts are often in the best interest of the financial institution and the borrower." Good afternoon friends! There is a ALOT in this review so I have tried to create 'Wut mean' sections along the way.

From Computershare's letter on S7-05-22 (T+1): "we are concerned with the risk that broker-dealer practices and processes may restrict efficient access to the market for retail investors who exercise their right to be directly registered with the issuer"

https://contentassets.computershare.com/eh96rkuu9740/6TV3ss07zhBdiXA1KDnu68/9ab3348fe960e61140b8aede763edc59/2022_SEC_T_1_Consultation_Response__Computershare.pdf Impact on retail investors: As settlement cycles shorten, we are concerned with the risk that broker-dealer practices and processes may restrict efficient access to the market for retail investors who exercise their right to be

From Nov 2015 through at least Mar 2023, Credit Suisse reported to the Trade Reporting & Compliance Engine (TRACE) approximately 9,000 late trades, and OVER 500,000! inaccurate TRACE reports. Punishment? Censure & $900,000 fine.

Source: https://www.finra.org/sites/default/files/fda_documents/2018060924101%20Credit%20Suisse%20Securities%20%28USA%29%20LLC%20CRD%20No.%20816%20AWC%20gg.pdf OVERVIEW * From November 2015 through at least March 2023, Credit Suisse reported to the Trade Reporting and Compliance Engine (TRACE) approximately 9,000 late trades, primarily

FedNow Is Coming in July. What Is It, and What Does It Do?

Source: https://tellerwindow.newyorkfed.org/2023/06/26/fednow-is-coming-in-july-what-is-it-and-what-does-it-do/ On March 15, the Federal Reserve announced that the FedNow Service will launch in July 2023. FedNow will “facilitate nationwide reach of instant payment services by financial institutions—regardless of size or geographic location—around the clock, every day of the

Dave Lauer's comment letter on SEC proposal S7-06-22.

Source: https://twitter.com/dlauer/status/1673337420522176517 Reddit Post

Friday tinfoil! RC: "One, two three, four, I declare a thumb war. Five, six, seven, eight, finger guns proliferate. Nine, ten, eleven, twelve, digits can't protect themselves. Thirteen, fourteen, fifteen, sixteen, thumb the SEC won't intervene."