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FICC GOV and MBS Alert! New rule going into effect 12/5/22 , increase the minimum Required Fund Deposit for GSD Netting Members and Sponsoring Members.

https://www.dtcc.com/-/media/Files/pdf/2022/11/21/MBS1151-22.pdf https://www.dtcc.com/-/media/Files/pdf/2022/11/21/GOV1377-22.pdf

SEC Alert! SEC Charges S&P Global Ratings with Conflict of Interest Violations

Source: https://www.sec.gov/news/press-release/2022-205 The Securities and Exchange Commission today charged S&P Global Ratings, a nationally recognized statistical rating organization (NRSRO) registered with the Commission, with violating conflict of interest rules designed to prevent sales and marketing considerations from influencing credit ratings. The SEC’

SEC Alert! 4/29/22 FTX had a meeting with the SEC about the conditional no action relief from the SEC for FTX.

Senators moving forward with SBF-backed bill after FTX collapse. The bill would grant the CFTC more power over cryptocurrency markets and exchanges. Remember, CFTC extended international swap reporting exemptions for certain entities through 12/1/2025.

Source: https://www.theblock.co/post/185746/senators-moving-forward-with-sbf-backed-bill-after-ftx-collapse Reddit Post

FICC-GOV, DTC, FICC-MBS, and NSCC Alert! Changes will become effective on November 21, 2022 that enhance capital requirements.

FICC-2021-009 DTC-2021-017 NSCC-2021-016 Reddit Post

Federal Reserve Alert! Vice Chair Lael Brainard: 'the risk that a shock could lead to the amplification of vulnerabilities, for instance due to strained liquidity in core financial markets or hidden leverage.'

Source: https://www.federalreserve.gov/publications/brainard-statement-20221104.htm Financial Stability Report (that she is referencing), their framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. They see as vulnerabilities: Asset valuations, Borrowing by business and households, Leverage, and Funding Risks. Reddit

Whistleblower Alert! SEC shames whistleblower for 'unreasonably delayed reporting to the Commission' after having just stated: ' Claimant 1, who persistently alerted the Commission to the ongoing abusive practices for a number of years...'

Whistleblower Alert! SEC shames whistleblower for 'unreasonably delayed reporting to the Commission' after having just stated: ' Claimant 1, who persistently alerted the Commission to the ongoing abusive practices for a number of years before the investigation was opened'. Source: https://www.sec.gov/rules/other/2022/