๐Ÿ“ฐ News

Commissioner Hester M. Peirce

Commissioner Hester M. Peirce: "I write to dissent from the latest unwarranted expansion of Form PF. These revisions stem from the Commissionโ€™s unbridled curiosity rather than from a legitimate regulatory objective."

Curiouser and Curiouser: Statement on Amendments to Form PF to Amend Reporting Requirements for All Filers and Large Hedge Fund Advisers I write to dissent from the latest unwarranted expansion of Form PF. These revisions stem from the Commissionโ€™s unbridled curiosity rather than from a legitimate regulatory objective. In
dismal-jellyfish ๐Ÿ“ฐ News
SEC Chair Gary Gensler

"I am pleased to support the adoption because it will improve the quality of the information we receive, particularly from large hedge fund advisers. This will help the SEC & FSOC to better assess systemic risk and protect investors."

Statement on Final Joint Amendments to Form PF Today, the Commission voted to adopt amendments to Form PF, an important reporting tool whereby the Commission and the Financial Stability Oversight Council (FSOC) receive reporting from private fund advisers. I am pleased to support the adoption because it will improve the
dismal-jellyfish ๐Ÿ“ฐ News
SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC.

SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC. The amendments enhance how large hedge fund advisers report investment exposures, borrowing and counterparty exposure, & more

Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers Wut Mean? Among other things, the amendments to Form PF will enhance how large hedge fund advisers report investment exposures, borrowing and counterparty exposure, market factor effects, currency exposure, turnover, country and industry exposure, central clearing counterparty reporting,
dismal-jellyfish ๐Ÿ“ฐ News
NFT FUTURE NEEDS SUPPORT / UK GOV FAILS TO CHAMPION ITS PEOPLE / CFTC PROPOSES INCREASED CUSOTMER PROTECTION

NFT Future Beckons Advocacy Action / UK Economic Secretary Fails to Champion Public Representation / CFTC Proposes Customer Fund Protection

NFT Future Beckons Advocacy Action / UK Economic Secretary Fails to Champion Public Representation / CFTC Proposes Customer Fund Protection
kibblepigeon ๐Ÿ‡ฌ๐Ÿ‡ง UK ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿด๓ ง๓ ข๓ ท๓ ฌ๓ ณ๓ ฟ โฌ†๏ธ๐Ÿ‡ฎ๐Ÿ‡ช
SEC Commissioner Gary Gensler

Gary Gensler: "Three years ago this week, ... the GameStop events unfolded." "part of this event related to market plumbing." "Many everyday investors lost access to the market at a critical time."

โ€œTime is Money. Time is Riskโ€ Prepared Remarks before the European Commission Source: https://www.sec.gov/news/speech/gensler-speech-prepared-remarks-european-commission-012524 Highlights: * "Three years ago this week, ... the GameStop events unfolded" * "part of this event related to market plumbing." * "Rapidly changing prices led a number of
dismal-jellyfish ๐Ÿ“ฐ News
BTFP will cease making new loans as scheduled on March 11

It's official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm Today, 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
dismal-jellyfish ๐Ÿ“ฐ News
Options Clearing Corporation's new idiosyncratic margin rule set to be published in the Federal Register 1/25/24.

In what appears to be a change to prevent what caused the 'sneeze' from happening again, Options Clearing Corporation's idiosyncratic threshold rule set to be published in the Federal Register 1/25/24. Comments due by February 15th.

This is a follow-up to this post from over the weekend. Once again, I understand options are a divisive topic amongst r/Superstonk but this is not a post to advocate using them either wayโ€“as always if you do not know what you are doing with options it is
dismal-jellyfish ๐Ÿงฑ Market Reform