Dismal's Smacks

🌙 ☀️

Sign in Subscribe

🧱 Market Reform

Options Clearing Corporation (OCC) alert! Approval of proposed rule to amend & enhance the OCC's Model Risk Management Policy.

Looks to address OCC model risk that if not managed properly could potentially cause OCC to under-collect the collateral used to cover credit risk posed by a Clearing Member https://www.sec.gov/rules/sro/occ/2023/34-97763.pdf Background: * Options Clearing Corporation ("OCC") is a central counterparty

SEC Alert! SEC REOPENS Comment Period for Position Reporting of Large Security-Based Swap Positions. The public comment period will remain open until Aug. 21, 2023, or until 30 days after the date of publication of the reopening release in the Federal Reg

https://www.sec.gov/rules/proposed/2023/34-97762.pdf * Proposed Rule: S7-32-10 * Comments already submitted from industry and others: https://www.sec.gov/comments/s7-32-10/s73210.htm Previous Superstonk posts: * https://www.reddit.com/r/Superstonk/comments/148qy6y/sec_alert_sec_will_hold_a_public_meeting_on/ (Meeting announcement announcing

SEC Alert! The SEC's 24th CLOSED door meeting this year via the Sunshine Act set for today to consider enforcement proceedings rescheduled yet AGAIN!--was 2 p.m., then 10 a.m., then 9:15 a.m., now 7:30 p.m. Why the need to shift a CLOSED door enforcement

https://public-inspection.federalregister.gov/2023-13171.pdf Previously Scheduled: https://public-inspection.federalregister.gov/2023-12638.pdf https://public-inspection.federalregister.gov/2023-12822.pdf https://public-inspection.federalregister.gov/2023-12996.pdf Hypothesis: Reading between the lines of what they are saying and comparing it to their actions (24 CLOSED door ENFORCEMENT meetings so far this

SEC Alert! Comment period OPEN to approve if SEC should continue to collect information provided for in Rule 15c2-11.

'The Rule is designed to prevent broker-dealers from publishing or submitting quotations for OTC securities that may facilitate a fraudulent or manipulative scheme.' https://public-inspection.federalregister.gov/2023-12851.pdf * Rule 15c2-11 governs the publication of quotations for securities in a quotation medium other than a national securities exchange

CFTC Alert! EXTENSION OF COMMENT PERIOD through 6/30/23 on Proposed Rules for Derivatives Clearing Organization Risk Management Regulations to Account for the Treatment of Separate Accounts by Futures Commission Merchants.

AKA codifying 'No meeting margin calls with another customer's position'... https://public-inspection.federalregister.gov/2023-12832.pdf On April 14, 2023, the Commission published in the Federal Register an NPRM proposing to amend the CFTC’s derivatives clearing organization (DCO) risk management regulations adopted under section 5b

SEC Alert! SEC will hold a public meeting on Thursday, June 22, 2023 at 10:00 a.m. (ET) & will be OPEN to the public to attend/ask questions. Proposed Rule 10B-1 would require anyone owing a security-based swap position that exceeds threshold determined

https://public-inspection.federalregister.gov/2023-12890.pdf MATTERS TO BE CONSIDERED The agenda for the meeting includes: * welcome and introductory remarks; opening remarks; * approval of previous meeting minutes; * a panel discussion regarding private funds/markets and outbound investments in countries of concern; * a panel discussion regarding ensuring digital engagement practices responsibly

SEC Alert! Today, the Office of Information and Regulatory Affairs released the Spring 2023 Unified Agenda of Regulatory and Deregulatory Actions, which includes contributions related to the SEC and short- and long-term regulatory actions that SEC plans

* Proposed Rule Stage Amendments to Requirements for Filer Validation and Access to the EDGAR Filing System 3235-AM58 * Proposed Rule Stage Incentive-Based Compensation Arrangements 3235-AL06 * Proposed Rule Stage Corporate Board Diversity 3235-AL91 * Proposed Rule Stage Disclosure of Payments by Resource Extraction Issuers 3235-AM06 * Proposed Rule Stage Rule 144 Holding Period 3235-AM78