Dismal's Smacks

🌙 ☀️

Sign in Subscribe

📰 News

SEC Alert! Statement on Electronic Filing by Gary Gensler: 'Today, the Commission is considering a proposal under the Exchange Act to require broker-dealers and other registrants to submit forms electronically.

source: https://www.sec.gov/news/statement/gensler-statement-electronic-filing-032223 Reddit Post

DTC Alert! Corporate Actions Service Updates, Service Updates: USD-Denominated Perpetual Tier 1 Capital Notes of Credit Suisse Group AG. These Credit Suisse's $17 billion in Contingent Convertible Capital Instruments (CoCo) bonds going through the process

Source: https://www.dtcc.com/-/media/Files/pdf/2023/3/21/18299-23.pdf Contingent Convertible Capital Instruments (CoCos) AKA Additional Tier 1 (AT1) bonds a $250-$275 billion market of Tier1 credit (the goldest of gold standard) thrown into turmoil by Credit Suisse: First, academia has questions: https://onlinelibrary.

Commodity Futures Trading Commission (CFTC) Alert! CFTC finally revokes registrations of Allianz Global Investors US LLC.

who 10 months ago was charged by the SEC for a fraudulent scheme that led pension funds for teachers, clergy, engineers, and other Americans to lose billions of dollars. Source: https://www.cftc.gov/PressRoom/PressReleases/8678-23 The Commodity Futures Trading Commission today announced it has filed a Notice of

DTC Underwriting Alert! Section 3 (c) (7) restrictions for owners of the following issue: CITADEL FINANCE LLC

FDIC Extends Bid Window For Silicon Valley Bridge Bank, N.A. Agency Will Continue to Operate the Bridge Bank while Exploring Strategic Options. Nobody wants these bags?

Source: https://www.fdic.gov/news/press-releases/2023/pr23022.html The Federal Deposit Insurance Corporation (FDIC) has extended the bidding process for Silicon Valley Bridge Bank, National Association, Santa Clara, California. There has been substantial interest from multiple parties, and the FDIC and the bidders need more time to explore

Federal Reserve Alert! Coordinated central bank action to enhance the provision of U.S. dollar liquidity

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S.

Statement by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell