brokers

Trump freezes “Project Freedom” as Pakistan brokers Iran deal

Strait of Hormuz escort mission paused after Monday’s naval bloodbath… White House citing “tremendous military success” and “great progress” on a final settlement… Hundreds of tankers still bottled up, blockade of Iranian ports stays in force… The guns are quiet for now, but the fuse is still burning. A 48-hour window to see if Tehran …

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PDT rule is removed today, but another ~ 2 months for brokers to adopt

Official document: https://www.sec.gov/files/rules/sro/finra/2026/34-105226.pdf First, there should be a “regulatory notice” coming which can be as early as next week. Then, some brokers worry that they may lose customers if customers jump to others brokers that implement the new rule immediately after the “regulatory notice”, so there is a limit on the earliest broker use of …

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CHINA TELLS BROKERS TO LIMIT EXPOSURE TO ‘SNOWBALL’ DERIVATIVES.

China is moving to curb “snowball” derivatives after brokers hiked returns to near-record levels to attract investors to the risky products following a stock-market selloff, according to people familiar with the matter. Officials this week told some of the biggest brokerages to suspend any increase in their net exposure to over-the-counter derivatives involving domestic A shares, including …

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Biden brokers tentative deal between Israel and Hamas that would free all hostages, temporarily halt conflict.

BREAKING: The US, Israel, and Hamas have reached an agreement to PAUSE THE CONFLICT and free DOZENS OF HOSTAGES held in Gaza. Here is a gift link: https://t.co/hw2cnWBSNk — Mueller, She Wrote (@MuellerSheWrote) November 19, 2023 Israel and Hamas reached a tentative deal brokered by the Biden administration that will pause the conflict and free …

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U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and Exchanges of Digital Assets by Brokers. OPEN for comment!

by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-17565.pdf How to comment: www.regulations.gov (use IRS and REG-122793-19 to identify your submission) 60 days is October 28th, 2023 60 days is October 28th, 2023 Press Release: The U.S. Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) today released proposed regulations on the sale and exchange of digital assets by …

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Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin.

by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances in all cash and securities margin accounts. Debit Balances in Customers’ Securities Margin Accounts increased: …

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