House Freedom Caucus leaves open possibility of filing a motion to vacate the chair if Speaker McCarthy pushes through the debt deal

https://twitter.com/mr_wyatt_e/status/1663594786274832395 🔥🔥🔥 https://t.co/dJwbMLPaUQ — Catturd ™ (@catturd2) May 30, 2023 REPUBLICAN REPRESENTATIVE ROY SAYS MCCARTHY SHOULD PULL DEBT CEILING BILL — zerohedge (@zerohedge) May 30, 2023 Debt ceiling bill faces a tough path in the House as GOP opposition grows …

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Federal Deposit Insurance Corporation (FDIC) Alert! Special filing with Federal Register: FDIC submits notice for CLOSED DOOR meeting that already occurred as the public interest did not require consideration of the matters in a meeting open to public observation.

by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-05351.pdf Reminder, changes in the Calculation of the National Securities Clearing Corporation’s Excess Capital Premium Charge take effect TODAY. The Excess Capital Premium (ECP) charge is a component of the Clearing Fund that is designed to mitigate the …

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Summary of FTX bankruptcy filing…

Customer funds co-mingled with company funds, no board meetings, no cash management, no employee records, no expense management, etc etc etc etc etc 1. Employees submitted expense reimbursements over chat A random manager would accept or reject those reimbursements with …

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FINRA Alert! Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 6730 to Enhance TRACE Reporting Obligations for U.S. Treasury Securities.

by Dismal-Jellyfish Source (pdf) Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 6730 to Enhance TRACE Reporting Obligations for U.S. Treasury SecuritiesComments due: 21 days after publication in the Federal RegisterAdditional Materials: Exhibit 2a, Exhibit 2b, Exhibit 2c, Exhibit 5 Submit Comments on …

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NSCC ALERT! PROPOSED RULE CHANGE FILING – AMENDMENTS TO THE CLEARING AGENCY STRESS TESTING (MARKET RISK) FRAMEWORK AND CLEARING AGENCY LIQUIDITY RISK MANAGEMENT FRAMEWORK (SR-NSCC-2022-006)

by Dismal-Jellyfish Source (pdf) Others following suit: FICC – GOV (pdf): Submission of Rule Filing SR-FICC-2022-004 – Amendments to the Clearing Agency Liquidity Risk Management Framework, Clearing Agency Stress Testing (Market Risk) Framework and MBSD Rules FICC – MBS (pdf): Submission of Rule …

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3 tax changes to know before filing

Americans for Tax Reform President Grover Norquist argues people who have a side hustle and independent contractors are ‘being swept up’ by the administration’s latest IRS push. The 2022 tax season is underway and marks the third straight tax season …

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Sears Hires Advisers to Prepare Bankruptcy Filing

by COMPUTER1313 https://www.wsj.com/articles/sears-hires-advisers-to-prepare-bankruptcy-filing-1539136189 https://www.cnbc.com/2018/10/10/sears-reportedly-preparing-for-bankruptcy-filing-as-soon-as-this-week.html Sears, which has been losing money for years, has $134 million in debt due on Monday. Edward Lampert, the hedge-fund manager who is Sears’s chairman, chief executive, largest shareholder and biggest creditor, could rescue the company, …

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