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Korea's Financial Service Commission to Implement Short Sale Reform Measures

Korea's Financial Service Commission to Implement Short Sale Reform Measures Introduced to Prevent Illegal Trading Activities and Protect Investors.

The Financial Services Commission announced the finalized version of short sale reform measures on June 13, which include plans to establish a completely electronic short sale processing system until March 2025, limit the length of stock repayment period for both institutional investors and retail investors to maximum 12 months, and

Short Sale Ban Extended Until March 30, 2025

Korea Financial Service Commission: Short Sale Ban Extended Until March 30, 2025.

The Financial Services Commission held an extraordinary session on June 13 and decided to extend the period of enforcing short sale ban currently set to expire at the end of this month until March 30, 2025. However, covered short selling by market makers and liquidity providers will continue to be

Fed holding a closed meeting Friday

Federal Reserve Alert! The Fed to hold a CLOSED meeting at 9:30 a.m. on Friday, June 14, 2024 for an update on Bank Stress Tests.

Last week, the Fed announced that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT. This year, 32 banks with $100 billion or more in total assets are subject to the stress tests. Additionally, aggregate results from the Board&

The amount of interest paid to live another day? $6,951,197,000

Bank Term Funding Program Alert! As of May 31, 2024 the total outstanding amount of all advances under the BTFP was $107,946,342,000. The amount of interest paid to live another day? $6,951,197,000.

Back in January, the Fed announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 and that the program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions. As the program

ACS Execution Services

From June 2017 to the present, ACS Execution Services effected at least 10 million short sales to facilitate net trading by its broker-dealer clients without locating shares available for borrowing.

ACS failed to obtain locates for short sale orders as required by Rule 203(b)(J) of Regulation SHO: As a result, ACS effected at least 10 million sho1t sales for its own account to facilitate short sale orders on a net basis without borrowing the securities, entering into a

The Daily Stonk

The Daily Stonk: A Recap (6/2/24-6/8/24)

Welcome, Welcome, Welcome to this edition of the 'Daily Stonk' I'm your host Dismal-Jellyfish here with a quick recap of the week. Before going any further, I am sure you may me wondering why the post to begin with? Great question! With the rate events seemingly

Stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT

Federal Reserve Board announces that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT. This year, 32 banks with $100 billion or more in total assets are subject to the stress tests.

Highlights: The Federal Reserve Board announced on Thursday that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT. Additionally, aggregate results from the Board's first exploratory analysis, which will not affect bank capital requirements, will be released