๐Ÿงฑ Market Reform

POSTPONED: October 5, 2023 Meeting of the Global Markets Advisory Committee.

POSTPONED: October 5, 2023 Meeting of the Global Markets Advisory Committee. Was to be a presentation on swap market oversight, tokenized assets, & NFT Regulation.

88 FR 62068: * At this meeting, the GMAC will hear a presentation from the GMACโ€™s Global Market Structure Subcommittee on the Subcommitteeโ€™s workstreams involving U.S. Treasury market reforms, global standards and best practices for market volatility controls and circuit breakers, improving liquidity across asset classes, and international
dismal-jellyfish ๐Ÿ“ฐ News
See all these comments? YOU have made this happen! Hundreds of apes across the world have been emailing the HM Treasury - and together, we're making WAVES to protect DRS. Comment Deadline 9/25

See all these comments? YOU have made this happen! Hundreds of apes across the world have been emailing the HM Treasury - and together, we're making WAVES to protect DRS. Comment Deadline 9/25

Hello and Happy Weekend! I am excited to team up with u/kibblepigeon to help with presenting everything around the UK's HM Treasury deadline coming up THIS Monday (9/25) in one place. Buckle up, this is a big post! Get Involved: Regulation and Reform. _____________________________________ Shaping the Future
dismal-jellyfish ๐Ÿงฑ Market Reform
FDIC appoints Arthur J. Murton to serve as Director of the Division of Complex Institution Supervision and Resolution (CISR), following the retirement of Acting Director James McGraw, on October 20, 2023.

FDIC appoints Arthur J. Murton to serve as Director of the Division of Complex Institution Supervision and Resolution (CISR), following the retirement of Acting Director James McGraw, on October 20, 2023.

Source: https://www.fdic.gov/news/press-releases/2023/pr23074.html The Federal Deposit Insurance Corporation (FDIC) Board of Directors appointed Arthur J. Murton to serve as Director of the Division of Complex Institution Supervision and Resolution (CISR), following the retirement of Acting Director James McGraw, on October 20, 2023. Mr.
dismal-jellyfish ๐Ÿ“ฐ News
FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023.

FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023.

TLDRS: * FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. * OPEN for comment!!! Source: https://public-inspection.federalregister.gov/2023-19948.pdf Purpose is to establish margin requirements for the transaction types
dismal-jellyfish ๐Ÿ“ฐ News
SEC & Open for Comment Alert! SEC Proposes Improvements to better secure EDGAR access. Current requirements see one login per company shared for access.

SEC & Open for Comment Alert! SEC Proposes Improvements to better secure EDGAR access. Current requirements see one login per company shared for access.

TLDRS: * SEC Proposes Improvements to better secure EDGAR access. Current requirements see one login per company shared for access. * Today's actions would require individual credentials and multi-factor authentication in order to update financial disclosures. * Open for comment Source: https://www.sec.gov/files/rules/proposed/2023/33-11232.pdf
dismal-jellyfish ๐Ÿงฑ Market Reform
SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers."

SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers."

TLDRS: * SEC Chair Gary Gensler: "the fees participants pay to fund CAT will be determined by executed shares." "fees will be divided evenly into thirds across three parties: the SROs, brokers representing buyers, & brokers representing sellers." Source: https://www.sec.gov/news/statement/gensler-statement-cat-funding-090623 Today,
dismal-jellyfish ๐Ÿงฑ Market Reform