๐Ÿ“ฐ News

Hedgies R Fuk Alert! July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July.

Hedgies R Fuk Alert! July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July.

TLDRS: * July was the 14th consecutive month of net outflows for the hedge fund industry. Investors removed an estimated net $5.6 billion from hedge funds in July. * June 2023 witnessed the 13th straight month of net outflows in the hedge fund industry, with an estimated net $13.12 billion
dismal-jellyfish ๐Ÿ“ฐ News
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
Whistleblower Alert! SEC issues a whistleblower award of approximately $1.5 million and a whistleblower award of $600,000. Meaning the potential total fine paid was between $7 million and $21 million based on the whistleblowers information.

Whistleblower Alert! SEC issues a whistleblower award of approximately $1.5 million and a whistleblower award of $600,000. Meaning the potential total fine paid was between $7 million and $21 million based on the whistleblowers information.

https://www.sec.gov/files/rules/other/2023/34-98235.pdf https://www.sec.gov/files/rules/other/2023/34-98236.pdf TLDRS: * SEC issues a whistleblower award of approximately $1.5 and a whistleblower award of $600,000. * Meaning the potential total fine paid was between $7 million and $21 million
dismal-jellyfish ๐Ÿ“ฐ News