INSANEMODE/wikAPEdia
1
0
Fork 0
mirror of https://github.com/verymeticulous/wikAPEdia.git synced 2025-06-07 18:47:49 -05:00
Code Issues Projects Releases Wiki Activity

Create 2021-05-20-Where-is-SR-DTC-2021-005-Update.md

Browse Source
This commit is contained in:
verymeticulous 2021-06-25 07:45:54 -04:00
parent 4b9816f567
commit 7afdfa02fa
1 changed files with 44 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

44
Regulations/SR-DTC-2021-005/2021-05-20-Where-is-SR-DTC-2021-005-Update.md Normal file
View File

@ -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 <https://www.dtcc.com/legal/sec-rule-filings.aspx>
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. 🦍💎🙌💎🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀