From 7afdfa02fa8a07062b1cc91be4a54521affd44f3 Mon Sep 17 00:00:00 2001 From: verymeticulous Date: Fri, 25 Jun 2021 07:45:54 -0400 Subject: [PATCH] Create 2021-05-20-Where-is-SR-DTC-2021-005-Update.md --- ...1-05-20-Where-is-SR-DTC-2021-005-Update.md | 44 +++++++++++++++++++ 1 file changed, 44 insertions(+) create mode 100644 Regulations/SR-DTC-2021-005/2021-05-20-Where-is-SR-DTC-2021-005-Update.md diff --git a/Regulations/SR-DTC-2021-005/2021-05-20-Where-is-SR-DTC-2021-005-Update.md b/Regulations/SR-DTC-2021-005/2021-05-20-Where-is-SR-DTC-2021-005-Update.md new file mode 100644 index 0000000..22887f4 --- /dev/null +++ b/Regulations/SR-DTC-2021-005/2021-05-20-Where-is-SR-DTC-2021-005-Update.md @@ -0,0 +1,44 @@ +Where is SR-DTC-2021-005? THE UPDATE !! +======================================= + +| Author | Source | +| :-------------: |:-------------:| +| [u/Existing-Reference53](https://www.reddit.com/user/Existing-Reference53/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ngwhzu/where_is_srdtc2021005_the_update/) | + +--- + +[Possible DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1) + +Hello Fellow Apes, + +I am writing this post to let Apes know that I was able to follow-up through the SEC and the DTCC on SR-DTC-2021-005 and to the follow-up on work in my initial post [here](https://www.reddit.com/r/Superstonk/comments/mzkf8v/where_is_srdtc2021005/), and providing you now with the status update I received. + +I would also like to report that the SEC and the DTCC once again were very gracious and timely in their responses. + +For those not familiar with SR-DTC-2021-005 and what it does. + +In short, SR-DTC-2021-005 would limit the ability of market makers and hedge funds working together to reset FTD transactions and/or conceal short positions through nefarious options trading. + +There are some great DD's on this rule by [u/bigbrainbets](https://www.reddit.com/u/bigbrainbets/) ; [u/lighthouse30130](https://www.reddit.com/user/lighthouse30130/), and others, and good follow-up work by [u/kamayatzee](https://www.reddit.com/u/kamayatzee/) . + +DD's: + +[THE MOASS WON'T HAPPEN UNTIL OPTIONS ARE NOT REGULATED: DTC-2021-005 JUST CHANGED THE GAME](https://www.reddit.com/r/GME/comments/mibedc/the_moass_wont_happen_until_options_are_not/) + +[Legal Interpretation of the Proposed SR-DTC-2021-005](https://www.reddit.com/r/GME/comments/mi8mo9/legal_interpretation_of_the_proposed_srdtc2021005/) + +Now, + +Below is the chain of communication between myself , the SEC, and the DTCC on the whereabouts of SR-DTC-2021-005. + +TL:DR + +SR-DTC-2021-005. was reviewed by the SEC. The filing is currently being finalized for filing at the DTCC. It will be filed shortly. And once it is filed, it becomes effective!! + +When the rule is filed it will be posted here with any other DTC rules on the DTCC website  + +Again, This post is only about the status of SR-DTC-2021-005. + +[![r/Superstonk - Where is SR-DTC-2021-005? THE UPDATE !!](https://preview.redd.it/6ckazl3i49071.jpg?width=2706&format=pjpg&auto=webp&s=c22da480249870934ddf79f7b9a78b8561f282d2)](https://preview.redd.it/6ckazl3i49071.jpg?width=2706&format=pjpg&auto=webp&s=c22da480249870934ddf79f7b9a78b8561f282d2) + +We are continuing to make progress Apes, Let's keep it going. Only Diamond Hands need apply. 🦍💎🙌💎🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀