Dismal's Smacks

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"These requirements are intended to prevent FCMs from being induced to cover one customer’s margin shortfall with another customer’s excess margin, and allow DSROs to verify that FCMs are not in fact doing so."

This is allowed by CFTC today and requires a rule to stop!? Sounds like a PONZI SCHEME!! Source: https://www.reddit.com/r/Superstonk/comments/12kqjbs/cftc_alert_open_for_comment_cftc_proposing_to/ The FCM must also assure its DSRO that when it meets a margin call for customer

CFTC Special filing with Federal Register: CFTC submits notice for a CLOSED door virtual meeting via the Sunshine Act for 11:00 a.m. on Wednesday, April 19, 2023. What needs enforcing behind CLOSED doors?

Source: https://public-inspection.federalregister.gov/2023-07655.pdf Reddit Post

Reading between the lines of what they are saying and comparing it to their actions (14 CLOSED door meetings so far this year), is the SEC preparing to take action behind closed doors?

A conclusion from Treasury's 2023 DeFi Illicit Finance Risk Assessment: "Moreover, money laundering, proliferation financing, and terrorist financing most commonly occur using fiat currency or other traditional assets as opposed to virtual assets."

If fiat 'invented' today, would be banned, right? Good evening apes, digging into this post a little deeper from earlier today: Treasury Releases 2023 DeFi Illicit Finance Risk Assessment: "The ability to use data from the public blockchain in addition to the development of industry driven compliance

2/16/23 Nomura requested an order to permit to issue multiple classes of shares & to impose asset-based distribution &/or service fees & early withdrawal charges. Are they trying to make it more expensive to remove money from them?

Applicants: Nomura Alternative Income Fund and Nomura Private Capital LLC. Summary of Application Applicants request an order to permit certain registered closed-end investment companies to issue multiple classes of shares and to impose asset-based distribution and/or service fees and early withdrawal charges. https://public-inspection.federalregister.gov/2023-06432.pdf Hearing

Examples of Market Participants Currently Trading on Binance and Binance’s Efforts to Help Them Evade Its Compliance Controls

More details: Commodity Futures Trading Commission (CFTC) Alert! CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange. Reddit Post

Bank Run Underway? Updated commercial bank deposit data shows $54.1738 Billion in deposits removed. Last week saw it going from $17.64t to $17.61t (-$30b)--$80+ Billion removed from deposits in the last two weeks!

It gets even more interesting! 1 year ago: 3/16: 18,073.5395 Billion. High was hit 4/13/2022: 18,130.6814 Billion. Over half a trillion in deposits pulled in the last year! Board of Governors of the Federal Reserve System (US), Deposits, All Commercial Banks [DPSACBW027SBOG], retrieved