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! Capped Contingency Liquidity Facility (“CCLF®”) Reset Reminder and Adjustable Percentage Update FICC will change the adjustable percentage from 80% to 90% for purposes of calculating the Defined Capped Liquidity Amount

by Dismal-Jellyfish Source: https://www.dtcc.com/-/media/Files/pdf/2022/12/21/MBS1171-22.pdf What is the Capped Contingency Liquidity Facility (“CCLF®”)? On April 25, 2017, the Commission approved FICC’s adoption of the Clearing Agency Liquidity Risk Management Framework (‘‘Framework’’), which broadly describes FICC’s liquidity risk management strategy and objective to maintain …

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Evergrande: defaulted developer gets delisting reminder as restructuring, probe on US$2 billion deposits leave investors in the dark

by Boo_Randy Insolvent Chinese property developers are running out of road to play “extend and pretend” as the financial reckoning day bears down on them. Coming soon to a property bubble near you. https://www.scmp.com/business/article/3182513/evergrande-defaulted-developer-gets-delisting-reminder-restructuring-probe China Evergrande, which defaulted on its …

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This is a friendly reminder that employees currently have more power to negotiate for improved benefits and pay raises than at any point in the last 20+ years. Take advantage of it!!

by hoesindifareacodes Due to the shortage of employees, most employers are desperate for good help. That means you should be seeking pay raises, promotions, and increased benefits. Unless you are completely satisfied with your job and your income, shop around. …

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