๐Ÿงฑ Market Reform

Comment Template for new FINRA Rule 6500 Series (Securities Lending and Transparency Engine (SLATE))

Comment Template for new FINRA Rule 6500 Series (Securities Lending and Transparency Engine (SLATE)) to require reporting of securities loans and provide for the public dissemination of loan information. Comments Due by 5/28/24.

Before going any further, have you checked out kibblepigeon's post? ๐Ÿ’กREGULATORY KILL SHOT ๐ŸŽฏ Rule proposal: SR-OCC-2024-001 has been shut down by the SEC & we're close to getting it kicked out. Time to drive home this win. Find PART TWO here ๐ŸŽฏ โฐ โณ DEADLINE: Friday 17th May 2024 Back to this rule at
dismal-jellyfish ๐Ÿงฑ Market Reform
FINRA proposes reporting of securities loans and provide for the public dissemination of loan information.

FINRA is proposing to adopt the new FINRA Rule 6500 Series (Securities Lending and Transparency Engine (SLATE)) to require reporting of securities loans and provide for the public dissemination of loan information.

Background: "In its Adopting Release, the Commission stated that SEA Rule 10c-1a would increase transparency in the securities lending market, resulting in a reduction of the information disadvantage faced by end borrowers and beneficial owners, improved price discovery, increased competition among providers of securities lending analytics services, reduced costs associated
dismal-jellyfish ๐Ÿงฑ Market Reform
UK GOVERNMENT UNVEILS DRAFT LEGISLATION TO REPLACE SHORT SELLING RULE - PROMPTING NEED FOR PUBLIC SCRUTINY

๐Ÿšจ๐Ÿ‡ฌ๐Ÿ‡ง UK Government Unveils Draft Legislation to Replace EU Short Selling Rules, Prompting Need For Public Scrutiny.

Post-Brexit, UK revises Short Selling rules. New UK SSR risks include: loose definitions, selective enforcement, lack of transparency, broad powers, regulatory challenges with government involvement concerns.
kibblepigeon ๐Ÿ‡ฌ๐Ÿ‡ง UK ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿด๓ ง๓ ข๓ ท๓ ฌ๓ ณ๓ ฟ โฌ†๏ธ๐Ÿ‡ฎ๐Ÿ‡ช