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SEC Alert! Barclays Agrees to a $361 Million Settlement to Resolve SEC Charges Relating to Over-Issuances of Securities

Source: https://www.sec.gov/news/press-release/2022-179 The SEC’s order states that, following a settled Commission action against a BBPLC affiliate in May 2017, BBPLC lost its status as a well-known seasoned issuer (WKSI). As a result, BBPLC had to quantify the total number of securities that it

SEC Alert! SEC charges a self-described “market making” firm, for their roles in effectuating the unregistered offers and sales of crypto asset securities and for perpetrating a scheme to manipulate the trading volume and price of those securities.

Source: https://www.sec.gov/news/press-release/2022-175 The SEC’s complaint alleges that starting in January 2018, Kane and Hydrogen, a New York-based financial technology company, created its Hydro token and then publicly distributed the token through various methods: an “airdrop,” which is essentially giving away Hydro to the

SEC Alert! SEC Charges Father-Son Duo and Associate in Market Manipulation Schemes Resulting in a New Jersey Deli with a $100 Million Valuation. These schemes included artificially inflating the share price of Hometown International.

Source: https://www.sec.gov/news/press-release/2022-172 In a parallel action, the U.S. Attorney’s Office for the District of New Jersey announced criminal charges against Patten, Coker Sr., and Coker Jr. According to the SEC’s complaint, Patten, Coker Sr., and Coker Jr., who was the former

DTC Alert! Client Requests for Position Confirmations: it is necessary for Clients of The Depository Trust & Clearing Corporation and its affiliates to confirm holdings for regulatory compliance or other reasons.

Source: https://www.dtcc.com/-/media/Files/pdf/2022/9/26/B17404-22.pdf Reddit Post

FICC - GOV, FICC - MBS, DTC, and NSCC Alert! Approval of proposed rule changes that enhances capital requirements for participants among other requirements.

Source: https://www.dtcc.com/-/media/Files/pdf/2022/9/26/GOV1337-22.pdf https://www.dtcc.com/-/media/Files/pdf/2022/9/26/MBS1131-22.pdf https://www.dtcc.com/-/media/Files/pdf/2022/9/26/17406-22.pdf https://www.dtcc.com/-/media/Files/pdf/2022/9/

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

NSCC Alert! Proposed rule changes around the process by which Members may submit instructions to NSCC to indicate which short positions they do not wish to settle and should be exempt from delivery. To be implemented Monday, October 3, 2022

Source SR-NSCC-2022-012: Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Make a Number of Clarifications and Enhancements to NSCC’s Rules & Procedures CNS Delivery Exemptions Section D of Procedure VII describes the procedures for controlling deliveries to CNS, including