Dismal's Smacks

🌙 ☀️

Sign in Subscribe

📰 News

Federal Reserve Alert! Speech by Governor Brainard on central bank digital currencies: the Federal Reserve is engaging in research and experimentation with these new technologies and consulting closely with public and private sector partners.

Federal Reserve Alert! The Federal Open Market Committee on Friday announced that it unanimously formally adopted comprehensive new rules for the investment and trading activity of senior officials. The rules will take effect on 5/1/2022

Source Investment and Trading Policy for FOMC Officials (PDF) Reddit Post

Federal Reserve/Inflation Alert! Governor Christopher J. Waller comments on "Some Benefits and Risks of a Hot Economy".

This is a response authors' claims of three impacts of running a 'hot' economy: labor market inclusiveness, potential market instability, and a greater risk of excessive inflation. Good morning and Happy Friday r/Superstonk, this paper looks like it could be fun! The authors discuss three impacts

Federal Reserve Alert! Bank of America, National Association, has been added to the list of Standing Repo Facility Counterparties, effective February 18, 2022. Other Standing repo Counterparties: Citibank, Goldman Sachs Bank, and Mizuho Bank, Ltd.

Source Standing Repo Facility Counterparties Standing Repurchase Agreement (repo) Facility In the Statement Regarding Repurchase Agreement Arrangements released on July 28, 2021, the Federal Reserve announced the establishment of a domestic standing repurchase agreement (repo) facility (SRF). The SRF serves as a backstop in money markets to support the effective

SEC Alert! SEC Charges Infinity Q Founder with Orchestrating Massive Valuation Fraud. According to the complaint, Velissaris executed the overvaluation scheme by altering inputs and manipulating the code of a third-party pricing service

SEC Charges Infinity Q Founder with Orchestrating Massive Valuation Fraud. According to the complaint, Velissaris executed the overvaluation scheme by altering inputs and manipulating the code of a third-party pricing service used to value the funds’ assets. Reddit post

Whistleblower Alert! SEC Proposed Changes to Two Whistleblower Program Rules

Source Proposed rule Reddit Post

Federal Reserve Alert! Federal Reserve Board releases hypothetical scenarios for its 2022 bank stress tests. This year, 34 large banks will be tested against a severe global recession with heightened stress in commercial real estate and corporate debt

Source 2022 Stress Test Scenarios (PDF) This year, 34 large banks will be tested against a severe global recession with heightened stress in commercial real estate and corporate debt markets. The Board's stress tests evaluate the resilience of large banks by estimating losses, net revenue, and capital levels—