🏦FDIC Notice
The Federal Deposit Insurance Corporation (FDIC) has issued a notice regarding the intent to terminate the receivership of New City Bank in Chicago, Illinois. Following the completion of asset liquidation, the FDIC will make final dividend payments to proven creditors. Comments regarding the termination must be submitted within 30 days of the notice.
Learn More💰DTC Proposes $3 Billion Senior Notes for Enhanced Liquidity Resources
The SEC has approved DTC's advance notice concerning the issuance and private placement of senior notes, aiming to raise up to $3 billion in liquidity resources. This initiative is designed to strengthen DTC’s risk management framework and ensure it meets its settlement obligations, thereby improving overall financial system stability.
Learn More📊CFTC Notice on Clearing Member Risk Management Compliance
The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the obligation to maintain records related to clearing documentation between a customer and the customer's clearing member, as required under Commission regulations.
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