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SRO Alert! Proposed Rule Changes ICE Clear Europe, Ltd.

provide that their framework for monitoring counterparty credit risk covers links--set of contractual & operational arrangements between 2 or more clearing agencies connecting them directly or indirectly for settlement (example cross margining) Source: https://public-inspection.federalregister.gov/2023-02510.pdf “Link” means “a set of contractual and operational arrangements between two

Commodity Futures Trading Commission (CFTC) Alert! Chairman Rostin Behnam in speech: My goal is for the Commission to consider and vote on at least 30 to 35 of the anticipated proposals in addition to all of the rules and orders proposed last year by the

Source: https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam31 I would like to jump right in and talk about the Super Bowl, which is right around the corner. For most of my life, the Super Bowl always felt like a turning point marking the transition from the long football season and

SEC Alert! Special filing with Federal Register: SEC submits notice for another closed door meeting via Sunshine Act for 2/9/2023 @ 2pm.

SEC Alert! Staff Report on Nationally Recognized Statistical Rating Organizations (NRSO): Of 10 total NRSO's Fitch, Moody’s, and S&P are categorized as “large NRSROs”. All 3 had essential material regulatory deficiencies

Staff Report More in depth post here: https://www.reddit.com/r/Superstonk/comments/10rt2n6/sec_publishes_annual_staff_report_on_nationally/ Fitch, Moody’s, and S&P are categorized as “large NRSROs”. All 3 had essential material regulatory deficiencies undermining quality of credit ratings & inconsistent any-fraud provisions.

SEC Publishes Annual Staff Report on Nationally Recognized Statistical Rating Organizations. A Scathing report with conflicts of interests, misuse of material, non-public information and lack internal control for determining credit ratings.

23 essential findings. This is bad. Staff Report Press release: https://www.sec.gov/news/press-release/2023-21 The Securities and Exchange Commission today published a staff report that provides a summary of the staff’s examinations of nationally recognized statistical rating organizations (NRSROs) and discusses the state of competition, transparency,

NSCC Alert! Proposal approved to use net capital, rather than excess net capital, for calculating the ECP charge for a better measure of increase default risks with low net capital levels relative to its margin requirements.

Source: https://www.sec.gov/rules/sro/nscc/2023/34-96786.pdf SR-NSCC-2022-005 34-96786: Order Approving Proposed Rule Change, as Modified by Amendment Nos. 1, 2, and 3, to Revise the Excess Capital Premium Charge Good evening r/Superstonk, neighborhood jellyfish here looking to review this approved rule that dropped from

Today’s announcement by the Fed to raise Fed Funds Rate by 25 basis points will not result in a change in TMPG Fail Charge. Settlement Obligation fails (FTDs in Treasury & Government bonds) will continue to be charged at the TMPG fail charge floor rate.