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🧱 Market Reform

NSCC Rule 22 For Throwing Out Rules, Procedures, and/or Regulations

PETITION TO ENFORCE RULES! NOT WAIVERS!

Ever felt cheated in the Wall St casino? You probably were. We've been robbed and the rules of Wall St's casino allows them to. The National Securities Clearing Corporation (NSCC), which clears and settles stock trades, has a Rule for throwing out rules [NSCC Rules]. The

SEC Commissioner Mark T. Uyeda from his statement on Form N-PORT and From N-CEN reporting: "I reject the premise that frequent public disclosure of consistent information made available for all funds is a “public good.”"

SEC Commissioner Mark T. Uyeda from his statement on Form N-PORT and From N-CEN reporting: "I reject the premise that frequent public disclosure of consistent information made available for all funds is a “public good.”"

Just as SEC Commissioner Hester Peirce, SEC Commissioner Mark Uyeda dissents against the SEC's Form N-PORT and Form N-CEN reporting amendments. Uyeda has criticized the SEC’s decision to increase the frequency of public disclosure of fund portfolio data, arguing that the move could harm fund investors and

Hester Peirce "I cannot support this rulemaking."

Hester Peirce in her statement on the Adoption of Form N-PORT & N-CEN Reporting: "the Commission oversells the benefits of today’s amendments and gives too little attention to the costs" "I cannot support this rulemaking."

SEC Commissioner Hester Peirce Criticizes New Fund Reporting Rules for 'High Costs' and 'Limited Benefits': In her statement on adoption of Form N-PORT and Form N-CEN reporting, SEC Commissioner Hester Peirce voiced strong opposition to the SEC's newly adopted amendments to fund reporting rules.

SEC awards $98 million to two whistleblowers

Whistleblower Alert! The SEC awards $98 million to two whistleblowers, meaning the fine levied ranged between $326,666,666.67 and $980,000,000 dollars.

The Securities and Exchange Commission today announced awards of more than $98 million to two whistleblowers whose information and assistance led to an SEC enforcement action and an action brought by another agency. The first whistleblower’s tip prompted the opening of the investigations, and thereafter provided critical additional information

NSCC Proposed Rule Change OPEN For Comment: Updates to Accommodate Certain Trades from Fractional Share Trading Program.

NSCC Proposed Rule Change OPEN For Comment: Updates to Accommodate Certain Trades from Fractional Share Trading Program.

Proposed Changes: NSCC proposes to revise its Rules to allow an exception to the Real-time Trade Submission Requirement for Correspondent Clearing transactions representing aggregated transactions of fractional shares. As described above, NSCC cannot currently process trades on a fractional basis. However, NSCC may accept aggregated transactions from fractional share trading

Ape comments are DIRECTLY referenced in the SEC's response extending the comment period.

Remember how Wall Street is big mad about FINRA's Securities Lending and Transparency Engine (SLATE) Rule? Ape comments are DIRECTLY quoted in the SEC's response extending the comment period.

I was reading the comments included in this release about FINRA's Securities Lending and Transparency Engine (SLATE) Rule and they started looking familiar. I am so damn proud of all the apes that are commenting as they are getting noticed! Oh yeah, that is because it is from

"The government is seeking to introduce more diverse sanctions mechanisms against unfair trading activities"

Korea's FSC: "After closely studying these cases from overseas, the government is seeking to introduce more diverse sanctions mechanisms against unfair trading activities in capital market."

Today, Korea's Financial Services Commission (FSC) announced a policy seminar organized by the Korea Exchange (KRX) and Korea Capital Market Institute (KCMI) focused on strengthening sanctions against unfair trading activities in the capital market. Vice Chairman Kim Soyoung of the FSC attended the seminar and highlighted the government’