๐Ÿงฑ Market Reform

Senator Brown, Colleagues Urge Agencies to Complete Adoption of the Basel Capital Standards

Senator Brown, Colleagues Urge Agencies to Complete Adoption of the Basel Capital Standards With Strong Final Rule Consistent With the Proposal. Remember, Fed Governor Bowman and Industry Want to Pump the Brakes & Defang These Reforms.

โ€œCapital is the linchpin of safety and soundness in our banking system. When a bank uses more capital to fund its investments and activities instead of debt, it is investors and shareholders, not workers and taxpayers, that take a hit if the bank faces challenges. Strong capital is the shock
dismal-jellyfish ๐Ÿ“ฐ News
BIM AFOLAMI SURROUNDED BY VARIOUS HEADLINES ABOUT LOBBYING AND ONGOING INVESTIGATIONS.

โš ๏ธ โ—๏ธ UK Economic Secretary Bim Afolami's RRG & Pension Insurance Corp. are teaming up to petition for "significant power" over independent UK regulators - looks like they want control over the financial markets.

It looks like the UK Government and the Pensions could be in trouble, and the Economic Secretary to the UK Treasury: Bim Afolami is at risk of using his position as Economic Secretary to get more momentum behind the proposals as being put forward by a Regulatory Reform Group (that
kibblepigeon ๐Ÿ“ˆ Macroeconomics
HEADER - THE GOVERNMENT SHOULD INVOLVE STAKEHOLDERS IN DISCUSSIONS IN WHICH AFFECT THEM

UK's pursuit of market control intensifies & ๐ŸšจUK Economic Secretary Bim Afolami (currently under investigation over payments for chairing a pressure group that lobbied UK PM Rishi Sunak) responds to our letter.

And here we go, ready to deep dive into Part 2. Big shout out to u/Nisja who reached out to their MP to source this response - you're a legend ๐Ÿ™ Heroic investors across the UK have been reaching out to their local representatives to ask how shareholders
kibblepigeon ๐Ÿ’ก Education
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Britain is bankrupt, MPs aren't keeping pace with advocacy efforts and we're still battling for shareholder rights! Check out what's got the UK's knickers in a financial twist ๐Ÿ‡ฌ๐Ÿ‡ง

Howdy all, and so begins the new year! Let's recap with where we left off in 2023 as we look ahead to 2024 together - ever in the quiet confidence that MOASS will one day be tomorrow. UK shareholders ๐Ÿ‡ฌ๐Ÿ‡ง ๐Ÿฆ have been reaching out to both the HM Treasury
kibblepigeon ๐Ÿ’ก Education
Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants

CFTC Alert! CFTC Seeks Public Comment on Proposed Rule to Amend Capital and Financial Reporting Requirements of Swap Dealers and Major Swap Participants. Comments close on February 13, 2024.

Additional Information: On September 15, 2020, the Commission published in the Federal Register final rules adopting capital and financial reporting requirements for SDs and MSPs. The Final Rules accomplished the Congressional mandate directing the Commission to adopt rules imposing both capital requirements and initial and variation margin requirements on SDs
dismal-jellyfish ๐Ÿ“ฐ News
Senators reintroduce the Close the Shadow Banking Loophole Act

Senators reintroduce the Close the Shadow Banking Loophole Act, which would require nonbank companies that own an industrial loan company (ILC) to be subject to the same rules as traditional banks and close regulatory loopholes.

Fact Sheet: Press Release: Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators John Kennedy (R-LA), Bob Casey (D-PA), Chris Van Hollen (D-MD), Mike Braun (R-IN), and Roger Wicker (R-MS) reintroduced theย Close the Shadow Banking Loophole Act,
dismal-jellyfish ๐Ÿ“ฐ News
Real-Time Public Reporting and Swap Data Recordkeeping and Reporting Requirements

CFTC Approves Proposed Amendments to Regulations Regarding Real-Time Public Reporting and Swap Data Recordkeeping and Reporting Requirements

Background: The Commissionโ€™s real-time public reporting and swap data reporting regulations were first adopted in 2012, and are located in parts 43 and 45 of the Commissionโ€™s regulations. The 2012 Real-Time Public Reporting of Swap Transaction Data Final Rule (the โ€œ2012 RTR Final Ruleโ€) set forth regulations that
dismal-jellyfish ๐Ÿ“ฐ News