Dismal's Smacks

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📚 Possible DD

With David Saltiel Named SEC Acting Director of Trading and Markets, I am wondering what happened to who had his job before?

Welcome, David Saltiel! I know you have been on the job all of 5 minutes, but are you ready to get started? 😝 It will be interesting to see where previous head Christian R. Sabella goes to work next. The man he replaced, Brett Redfearn (from JP Morgan), has gone on

MBS988-21 FICC - MBS Service Updates Capped Contingency Liquidity Facility (“CCLF®”) Reset Reminder Posted

TL:DR I believe the DTCC realizes the Fed changes yesterday require a third option for members that will no longer be eligible under the updated Bank Discount Window Requirements but wants to make damn sure any sort of firm failure losses is spread out amongst all members. MBS988-21 was