securities

The Fed bought up $2.7 trillion in toxic waste mortgage backed securities to reinflate the housing bubble and take those bad loans off the books of its Wall Street bankster accomplices. Next up: Powell will let the banksters transfer their non-performing commercial real estate loans to the Fed.

by Simian_Stacker This level of blatant corruption and global usury is frankly biblical in how unprecedented it all is. FED'S WALLER: I HOPE THE FED NEVER GETS BACK INTO BUSINESS OF BUYING MBS. — FinancialJuice (@financialjuice) May 24, 2023 $247M …

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FDIC Alert! $114 billion in face value Agency Mortgage Backed Securities, Collateralized Mortgage Obligations, and Commercial Mortgage Backed Securities about to be liquidated ‘gradual and orderly’ with the ‘aim to minimize the potential for any adverse impact on market functioning’ by BlackRock.

by Dismal-Jellyfish Source: https://www.fdic.gov/news/press-releases/2023/pr23029.html The Federal Deposit Insurance Corporation (FDIC) as receiver of the former Signature Bank, New York, NY, and Silicon Valley Bank, Santa Clara, CA, will undertake a marketing process to sell the securities portfolios retained from the two receiverships. …

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NSCC Alert! Reminder, changes in the Calculation of the National Securities Clearing Corporation’s Excess Capital Premium Charge take effect TODAY.

by Dismal-Jellyfish Source: https://www.dtcc.com/-/media/Files/pdf/2023/2/24/a9264.pdf Subject: Implementation Date of Changes in the Calculation of the National Securities Clearing Corporation’s Excess Capital Premium Charge On the morning of the effective date, the ECP charge will be calculated using the proposed changes, which compares …

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FICC – MBS Alert! FICC has been notified of Credit Suisse Securities (USA) LLC’s intent to close its FBMA, FBEG, FBEI, FBEP, & FBFC Clearing and EPN accounts effective March 24, 2023.

by Dismal-Jellyfish https://www.dtcc.com/-/media/Files/pdf/2023/3/9/MBS1200-23.pdf ELECTRONIC POOL NOTIFICATION (EPN) Agency mortgage-backed securities trades that are submitted to Fixed Income Clearing Corporation (FICC) for processing are traded on a “to-be-announced” or TBA basis. While some of these are “specified pool trades” (transactions based …

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Smells like mortgage backed securities blowing up… Debit Suisse goes on MSM pushing Narrative of extreme housing shortage. Coincidence?

by BoatSurfer600 https://www.20min.ch/story/wegen-wohnungskrise-sp-badran-will-airbnb-verbieten-770437754386 CMBS Delinquency Rate Jumps in February 2023, Second Biggest Jump Since Beginning of COVID-19 @TreppWire pic.twitter.com/8g6yTYsima — LongConvexity (@LONGCONVEXITY) March 3, 2023 on avg the recession starts 27 months after the first hike. We still have time. …

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SEC Alert! SEC Proposes Updates to Ethics Rules Governing Securities Trading by Personnel

by Dismal-Jellyfish Source: https://www.sec.gov/news/press-release/2023-19 Proposed rule (opens a pdf): https://www.sec.gov/rules/proposed/2023/34-96768.pdf The Securities and Exchange Commission today proposed amendments to its ethics rules to strengthen and modernize its ethics compliance program. The amendments would add new requirements and prohibitions to the program, which …

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SEC Punishes Barclays for having offered and sold approximately $17.7 billion of securities in unregistered transactions. Buyers of the “unregistered securities” right to demand Barclays buy back the products at the original price plus interest. Barclays sets 1.3 billion aside to cover the costs.

Sept 29 (Reuters) – British bank Barclays (BARC.L) agreed to a $361 million penalty over internal control failures related to the unregistered offer and sale of “an unprecedented amount” of securities, the U.S. Securities and Exchange Commission said on Thursday. https://www.reuters.com/business/finance/barclays-pay-sec-361-million-over-issuance-securities-2022-09-29/ h/t ringingbells

Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China

by Festortheinvestor https://www.whitehouse.gov/briefing-room/presidential-actions/2021/06/03/executive-order-on-addressing-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china/ Executive order active from June 3th, prohibiting Americans from owning/investing in Chinese companies of a certain criteria (mostly all of them) This is going to have big implications on the finance sector, Hedgies.r.fuk

FICC Alert! Proposed rule to amend the Mortgage-Backed Securities Division Clearing Rules to move certain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, and more.

by Dismal-Jellyfish This looks, to my non-lawyer brain, to be a way to reduce the member’s margin requirement. These mark-to-market items and others are moved from “Required Fund Deposit” so they won’t count against the margin requirement, as stated here: …

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SEC Alert! The Securities and Exchange Commission today voted to propose changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M.

by Dismal-Jellyfish Proposed Rule (95 pages) Source The Commission proposes to replace the credit-rating requirement included in Rule 101’s exception, which is available to distribution participants and their affiliated purchasers, with requirements that the nonconvertible debt securities and nonconvertible preferred …

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Hedge Funds shorted more than $200B worth of securities YTD; Margin calls on the horizon?

by Narrow_Feeling9985 https://risingcandle.com/business/hedge-funds-shorted-more-than-200b-worth-of-securities-ytd-margin-calls-on-the-horizon/ Hedge Funds have been selling stocks and have started covering their short positions to reduce risk in the current market condition. The equity market’s volatility index has begun to climb up, thanks to Omicron virus fears in …

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