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+Remember that Climate Change Meeting in March? They discussed Hedge Funds.
+==========================================================================
+
+| Author      | Source | 
+|  :----:     |    :----:   |        
+| [u/I_DO_ANIMAL_THINGS](https://www.reddit.com/user/I_DO_ANIMAL_THINGS/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh0mhl/remember_that_climate_change_meeting_in_march/) |
+
+---
+
+
+[DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
+
+Good afternoon Apes,
+
+***I'm an idiot. None of this is advice. You do you.***
+
+I was reading the [Monetary Policy Reports](https://www.federalreserve.gov/monetarypolicy/mpr_default.htm), as one usually do.
+
+[![r/Superstonk - Remember that Climate Change Meeting in March? They discussed Hedge Funds.](https://preview.redd.it/okiszbnbz7a71.jpg?width=859&format=pjpg&auto=webp&s=eed2fcffbce92142bf8332d96fea3b39f8adbee4)](https://preview.redd.it/okiszbnbz7a71.jpg?width=859&format=pjpg&auto=webp&s=eed2fcffbce92142bf8332d96fea3b39f8adbee4)
+
+and McDonalds provides the McFlurry. All is well.
+
+The who-who started the what-what?
+
+Page 31 of 7/9/21 report discusses Developments Related to Financial Stability.
+
+[![r/Superstonk - Remember that Climate Change Meeting in March? They discussed Hedge Funds.](https://preview.redd.it/wxkeu4fsz7a71.jpg?width=339&format=pjpg&auto=webp&s=394b7d8fa1ad8778e63051f2164ed4a096902468)](https://preview.redd.it/wxkeu4fsz7a71.jpg?width=339&format=pjpg&auto=webp&s=394b7d8fa1ad8778e63051f2164ed4a096902468)
+
+Angela is now in charge of the party planning committee.
+
+[Financial Stability Oversight Council](https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/fsoc)
+
+> *The Council is charged with identifying risks to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States' financial system. The Council consists of 10 voting members and 5 nonvoting members and brings together the expertise of federal financial regulators, state regulators, and an independent insurance expert appointed by the President.*
+
+[Hedge Fund Working Group](https://i.kym-cdn.com/entries/icons/original/000/019/277/confusedtravolta.jpg)
+
+> *I can't find anything about this yet. ~IDAT*
+
+Sausage Recipe: Closed Door Meeting Minutes from 3-31-2021
+
+**A closed door session was called to order at 2:02 PM. Here's what was discussed until 3:07PM**
+
+[![r/Superstonk - Remember that Climate Change Meeting in March? They discussed Hedge Funds.](https://preview.redd.it/77ur2gpvz7a71.jpg?width=765&format=pjpg&auto=webp&s=9a91101ee03ddf250160b6927d111e2b4c357815)](https://preview.redd.it/77ur2gpvz7a71.jpg?width=765&format=pjpg&auto=webp&s=9a91101ee03ddf250160b6927d111e2b4c357815)
+
+Five hundred twenty five thousand six hundred minutes. How do you measure, measure incompetence?
+
+HEDGE FUND ACTIVITIES
+
+[![r/Superstonk - Remember that Climate Change Meeting in March? They discussed Hedge Funds.](https://preview.redd.it/go6o4fkp08a71.jpg?width=770&format=pjpg&auto=webp&s=b525e7812cdccb98cb013fdfee27d62f5a779455)](https://preview.redd.it/go6o4fkp08a71.jpg?width=770&format=pjpg&auto=webp&s=b525e7812cdccb98cb013fdfee27d62f5a779455)
+
+....continued.
+
+[![r/Superstonk - Remember that Climate Change Meeting in March? They discussed Hedge Funds.](https://preview.redd.it/j4w8t5wm08a71.jpg?width=792&format=pjpg&auto=webp&s=1d36479bbd4b1a3b6271d0a402c2ae285a4b9b21)](https://preview.redd.it/j4w8t5wm08a71.jpg?width=792&format=pjpg&auto=webp&s=1d36479bbd4b1a3b6271d0a402c2ae285a4b9b21)
+
+Fin
+
+TL/DR Highlights: They know. They're working on it.
+
+-   Hedge funds entered 2020 with higher than historical leverage.
+
+-   Some very large funds have high leverage and are highly interconnected with financial markets and banks.
+
+-   Some reductions in exposures to U.S. Treasury securities may have been due to hedge funds withdrawing from a specific bond basis trade.
+
+-   Lenders to hedge funds face risks even if such lending is secured, because if a large fund, or many funds, suddenly failed, each counterparty may attempt to sell the collateral in unison, and the value of the collateral could decline materially, imposing losses on counterparties.
+
+-   Large banks' exposures to hedge funds through lending and the significance of these exposures relative to bank assets.
+
+-   Importance of the [SEC's Form PF.](https://www.sec.gov/divisions/investment/pfrd/pfrdfaq.shtml)
+
+-   Acting Chair of the SEC, provided additional information regarding Archegos, including further detail regarding the firm's investments and the SEC's coordination with other regulators
+
+-   SEC staff's presentation was based on newly available data
+
+~Semper