Market News: NSCC-2022-003 Approved
NSCC-2022-003 has been APPROVED. The filing replaced NSCC-2021-010 which was withdrawn on March 25th of 2022. The rule aims at providing a more stable environment for market participants and I’m going to break it all down below. Let’s get…
DTCC B16845-22: Are Margin Calls on The Way?
On April 29, the DTCC released B16845-22 under the ‘settlement’ category. The subject reads: changes to DTC collateral haircuts. The notice is directed to all market participants and I’m going to touch topic on what this means down…
BREAKING: Citadel Under Investigation by Department of Justice
Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenas were sent out earlier this year.…
New SEC Rules Could Lift Suppression on ‘Meme Stocks’
There are new SEC rules coming into play that could very well lift suppression imposed on so called ‘meme stocks’. The SEC just released a report outlining the variety of ways they intend on protecting retail investors from market…
Elon Musk: Hedge Funds Tank Stocks Using “Short & Distort”
Elon Musk, one of the most influential people and geniuses of our time is speaking out on hedge funds and the SEC. The Tesla and SpaceX CEO exchanged emails with CNBC on this exclusive take and shares his thoughts on short sellers and regulators alike.…