U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas

61
19
Favorite

U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas

Reuters2021-05-06

The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（19）

Cccccccccccc
·2021-05-06
A
Reply
1
Report
KelvinChan
·2021-05-06
Y
Reply
1
Report
Fold Replies
- KelvinChan:
  y
  2021-05-06
  Reply
  Report
erichosk
·2021-05-06
Retail investors will lose the fight.
Reply
1
Report
kcwang4982
·2021-05-06
Gkk
Reply
1
Report
boonhong21
·2021-05-06
Don’t protect them big boys. Please like and comment [Happy]
Reply
4
Report
Fold Replies
- Huathk:
  Gd
  2021-05-06
  Reply
  Report
Aldrin
·2021-05-06
To the moon
Reply
3
Report
Hopehope赋予希望
·2021-05-06
Should not over protect the big boys over small boys
Reply
4
Report
SSVC
·2021-05-06
Nice Appreciate your response and comments Thanks
Reply
5
Report
Fold Replies
- SSVC:
  [强][握手]
  2021-05-06
  Reply
  Report
- schsch:
  do the same for me? ?
  2021-05-06
  Reply
  Report
psion
·2021-05-06
Wow
Reply
1
Report
Fold Replies
- Huathk:
  Gd
  2021-05-06
  Reply
  Report
- njkk:
  Like and comment :)
  2021-05-06
  Reply
  Report
LCT15
·2021-05-06
Commmenbbbbttt and like3eee pls
Reply
1
Report
Fold Replies
- Snowranger:
  Done
  2021-05-06
  Reply
  Report
huahz
·2021-05-06
That's the way to go
Reply
Like
Report
xoxoll
·2021-05-06
Help me like and comment
Reply
2
Report
Fold Replies
- 88huat:
  Ok
  2021-05-06
  Reply
  Report
1Man2Stonks
·2021-05-06
Gg game stopped
Reply
2
Report
Fold Replies
- xoxoll:
  Help me like and comment
  2021-05-06
  Reply
  Report
- 1Man2Stonks:
  ok
  2021-05-06
  Reply
  Report
Kalllll
·2021-05-06
Nice
Reply
2
Report
Fold Replies
- Huathk:
  Gd
  2021-05-06
  Reply
  Report
- xoxoll:
  Help me like and comment
  2021-05-06
  Reply
  Report
EatRice
·2021-05-06
Like me
Reply
2
Report
Fold Replies
- 88huat:
  Ok
  2021-05-06
  Reply
  Report
- xoxoll:
  Help me like and comment
  2021-05-06
  Reply
  Report
Godon
·2021-05-06
Like me
Reply
2
Report
Fold Replies
- xoxoll:
  Help me like and comment
  2021-05-06
  Reply
  Report
Jchptan
·2021-05-06
Comment pls
Reply
4
Report
Fold Replies
- Clarity:
  [财迷]
  2021-05-06
  Reply
  Report
ragdoll99
·2021-05-06
Nice
Reply
1
Report
Fold Replies
- Clarity:
  [财迷]
  2021-05-06
  Reply
  Report
krish083
·2021-05-06
Like and comment tks
Reply
9
Report
Fold Replies
- ragdoll99:
  ok
  2021-05-06
  Reply
  Report
- azotest:
  Please reply
  2021-05-06
  Reply
  Report
- xoxoll:
  Help me like and comment
  2021-05-06
  Reply
  Report
View more 2 comments

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1166400085?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","is_english":true,"pubTime":"2021-05-06 09:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1166400085","market":"us","top_or_hot":-1,"title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","media":"Reuters","content":"<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","article_id":"1166400085","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","pubTimestamp":1620266265,"sourceInfo":null,"weMediaInfo":null,"summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","collect":0,"end_time":0,"defaultTopTitle":"reuters.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"美国证券交易委员会主席说，在游戏驿站和阿切戈斯事件发生后，将重新审查卖空和互换规则","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/87201f948ffab9fd2f60eeaacf9f0a58","symbols_score_info":{"GME":0.9},"content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":105185387,"gmtCreate":1620278440749,"gmtModify":1704341252894,"author":{"id":"3578126421270532","authorId":"3578126421270532","name":"Cccccccccccc","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578126421270532","authorIdStr":"3578126421270532"},"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105185387","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105180816,"gmtCreate":1620277737435,"gmtModify":1704341243196,"author":{"id":"3570776252336545","authorId":"3570776252336545","name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570776252336545","authorIdStr":"3570776252336545"},"htmlText":"Y","listText":"Y","text":"Y","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105180816","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4238750,"gmtCreate":1620277764532,"gmtModify":1680787240570,"authorId":3570776252336545,"author":{"id":3570776252336545,"idStr":"3570776252336545","authorId":3570776252336545,"name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105180816,"type":1,"supId":0,"prevId":0,"content":"y","text":"y","html":"y"}],"langContent":"EN"},{"id":105112679,"gmtCreate":1620277230791,"gmtModify":1704341238479,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575433293784452","authorIdStr":"3575433293784452"},"htmlText":"Retail investors will lose the fight.","listText":"Retail investors will lose the fight.","text":"Retail investors will lose the fight.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105112679","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105323959,"gmtCreate":1620271524771,"gmtModify":1704341137638,"author":{"id":"3574547862188011","authorId":"3574547862188011","name":"kcwang4982","avatar":"https://static.tigerbbs.com/c04d43cdb908fc01d7c2eb3734205700","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574547862188011","authorIdStr":"3574547862188011"},"htmlText":"Gkk&nbsp;","listText":"Gkk&nbsp;","text":"Gkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105323959","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105312673,"gmtCreate":1620269478492,"gmtModify":1704341102956,"author":{"id":"3575147848250182","authorId":"3575147848250182","name":"boonhong21","avatar":"https://static.tigerbbs.com/4576487764c99ea59dfd1cfcdf89da5b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3575147848250182","authorIdStr":"3575147848250182"},"htmlText":"Don’t protect them big boys. Please like and comment [Happy]&nbsp;","listText":"Don’t protect them big boys. Please like and comment [Happy]&nbsp;","text":"Don’t protect them big boys. Please like and comment [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105312673","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4239002,"gmtCreate":1620279822824,"gmtModify":1680787252431,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105312673,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":105318732,"gmtCreate":1620269360126,"gmtModify":1704341100523,"author":{"id":"3575679268168880","authorId":"3575679268168880","name":"Aldrin","avatar":"https://static.tigerbbs.com/5f21ee5e223486461b452fe52c3d77fc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575679268168880","authorIdStr":"3575679268168880"},"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105318732","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105311652,"gmtCreate":1620269249976,"gmtModify":1704341098420,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","vip":2,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":9,"crmLevelSwitch":1,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"htmlText":"Should not over protect the big boys over small boys","listText":"Should not over protect the big boys over small boys","text":"Should not over protect the big boys over small boys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105311652","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105390690,"gmtCreate":1620267616510,"gmtModify":1704341067898,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Nice Appreciate your response and comments Thanks&nbsp;","listText":"Nice Appreciate your response and comments Thanks&nbsp;","text":"Nice Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105390690","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237396,"gmtCreate":1620268080191,"gmtModify":1680787226801,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105390690,"type":1,"supId":4237339,"prevId":0,"content":"[强][握手]","text":"[强][握手]","html":"[强][握手]"},{"id":4237339,"gmtCreate":1620267819026,"gmtModify":1680787218576,"authorId":3575927670533252,"author":{"id":3575927670533252,"idStr":"3575927670533252","authorId":3575927670533252,"name":"schsch","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105390690,"type":1,"supId":0,"prevId":0,"content":"do the same for me? ?","text":"do the same for me? ?","html":"do the same for me? ?"}],"langContent":"EN"},{"id":105305501,"gmtCreate":1620267419603,"gmtModify":1704341064011,"author":{"id":"3581845985051272","authorId":"3581845985051272","name":"psion","avatar":"https://static.tigerbbs.com/ab2eccc9177a2c142fab5a37345bc343","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581845985051272","authorIdStr":"3581845985051272"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105305501","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4239004,"gmtCreate":1620279836306,"gmtModify":1680787252219,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105305501,"type":1,"supId":4237387,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":4237387,"gmtCreate":1620268012743,"gmtModify":1680787228925,"authorId":3575950181915531,"author":{"id":3575950181915531,"idStr":"3575950181915531","authorId":3575950181915531,"name":"njkk","avatar":"https://static.tigerbbs.com/6382201e8e84ccd3f8e89b9a28e74607","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105305501,"type":1,"supId":0,"prevId":0,"content":"Like and comment :)","text":"Like and comment :)","html":"Like and comment :)"}],"langContent":"EN"},{"id":105301504,"gmtCreate":1620267187408,"gmtModify":1704341058661,"author":{"id":"3581496418554017","authorId":"3581496418554017","name":"LCT15","avatar":"https://static.tigerbbs.com/c80d0fa5d2104afed54088e78f8c338b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581496418554017","authorIdStr":"3581496418554017"},"htmlText":"Commmenbbbbttt and like3eee pls","listText":"Commmenbbbbttt and like3eee pls","text":"Commmenbbbbttt and like3eee pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105301504","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237252,"gmtCreate":1620267382608,"gmtModify":1680787222059,"authorId":3582013295209832,"author":{"id":3582013295209832,"idStr":"3582013295209832","authorId":3582013295209832,"name":"Snowranger","avatar":"https://static.tigerbbs.com/dfac7c612eed065a985994d454b7693a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105301504,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":105301203,"gmtCreate":1620267175202,"gmtModify":1704341058984,"author":{"id":"3581495027757847","authorId":"3581495027757847","name":"huahz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581495027757847","authorIdStr":"3581495027757847"},"htmlText":"That's the way to go","listText":"That's the way to go","text":"That's the way to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105301203","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105309659,"gmtCreate":1620267083671,"gmtModify":1704341056050,"author":{"id":"3572249185724220","authorId":"3572249185724220","name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572249185724220","authorIdStr":"3572249185724220"},"htmlText":"Help me like and comment&nbsp;","listText":"Help me like and comment&nbsp;","text":"Help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105309659","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237185,"gmtCreate":1620267106390,"gmtModify":1680787218031,"authorId":3577523199494654,"author":{"id":3577523199494654,"idStr":"3577523199494654","authorId":3577523199494654,"name":"88huat","avatar":"https://static.tigerbbs.com/25dd805cbb44e8ac7c9eb01650c81b9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105309659,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":105300768,"gmtCreate":1620267065854,"gmtModify":1704341055557,"author":{"id":"3576990637797737","authorId":"3576990637797737","name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576990637797737","authorIdStr":"3576990637797737"},"htmlText":"Gg game stopped","listText":"Gg game stopped","text":"Gg game stopped","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105300768","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237179,"gmtCreate":1620267093623,"gmtModify":1680787217637,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105300768,"type":1,"supId":0,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "},{"id":4237201,"gmtCreate":1620267151596,"gmtModify":1680787216313,"authorId":3576990637797737,"author":{"id":3576990637797737,"idStr":"3576990637797737","authorId":3576990637797737,"name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105300768,"type":1,"supId":4237179,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":105975394,"gmtCreate":1620266909918,"gmtModify":1704341049056,"author":{"id":"3575187662973652","authorId":"3575187662973652","name":"Kalllll","avatar":"https://static.tigerbbs.com/79cdea0e5b00873b55af6be3c8af95c9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575187662973652","authorIdStr":"3575187662973652"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105975394","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4239008,"gmtCreate":1620279855062,"gmtModify":1680787251997,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105975394,"type":1,"supId":4237184,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":4237184,"gmtCreate":1620267105590,"gmtModify":1680787216546,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105975394,"type":1,"supId":0,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "}],"langContent":"EN"},{"id":105975968,"gmtCreate":1620266903754,"gmtModify":1704341048878,"author":{"id":"3581741351972307","authorId":"3581741351972307","name":"EatRice","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581741351972307","authorIdStr":"3581741351972307"},"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105975968","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237193,"gmtCreate":1620267119707,"gmtModify":1680787222579,"authorId":3577523199494654,"author":{"id":3577523199494654,"idStr":"3577523199494654","authorId":3577523199494654,"name":"88huat","avatar":"https://static.tigerbbs.com/25dd805cbb44e8ac7c9eb01650c81b9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105975968,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4237189,"gmtCreate":1620267111441,"gmtModify":1680787221461,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105975968,"type":1,"supId":0,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "}],"langContent":"EN"},{"id":105976435,"gmtCreate":1620266849627,"gmtModify":1704341047085,"author":{"id":"3558746982006153","authorId":"3558746982006153","name":"Godon","avatar":"https://static.tigerbbs.com/089f0ba63757d4f6c51de4e773b42f1c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":2,"crmLevelSwitch":0,"idStr":"3558746982006153","authorIdStr":"3558746982006153"},"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105976435","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237192,"gmtCreate":1620267118860,"gmtModify":1680787220099,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105976435,"type":1,"supId":0,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "}],"langContent":"EN"},{"id":105978972,"gmtCreate":1620266770896,"gmtModify":1704341045145,"author":{"id":"3547639144615679","authorId":"3547639144615679","name":"Jchptan","avatar":"https://static.tigerbbs.com/d97f1aa10a314dfb46a4e618e4f46ac6","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3547639144615679","authorIdStr":"3547639144615679"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105978972","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237110,"gmtCreate":1620266852455,"gmtModify":1680787222357,"authorId":3562662036291129,"author":{"id":3562662036291129,"idStr":"3562662036291129","authorId":3562662036291129,"name":"Clarity","avatar":"https://static.tigerbbs.com/290bda4a10a88bafe28971dd816e57cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105978972,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":105971299,"gmtCreate":1620266745311,"gmtModify":1704341044984,"author":{"id":"3575877970346052","authorId":"3575877970346052","name":"ragdoll99","avatar":"https://static.tigerbbs.com/4b59eb72cfa88792118276743490208d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575877970346052","authorIdStr":"3575877970346052"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105971299","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237112,"gmtCreate":1620266866190,"gmtModify":1680787220983,"authorId":3562662036291129,"author":{"id":3562662036291129,"idStr":"3562662036291129","authorId":3562662036291129,"name":"Clarity","avatar":"https://static.tigerbbs.com/290bda4a10a88bafe28971dd816e57cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105971299,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":105944236,"gmtCreate":1620266434525,"gmtModify":1704341037073,"author":{"id":"3578708485631101","authorId":"3578708485631101","name":"krish083","avatar":"https://static.tigerbbs.com/6cdb9fe271a77ef2dfb3b818618b1659","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578708485631101","authorIdStr":"3578708485631101"},"htmlText":"Like and comment tks","listText":"Like and comment tks","text":"Like and comment tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/105944236","repostId":1166400085,"repostType":4,"repost":{"id":"1166400085","pubTimestamp":1620266265,"share":"https://ttm.financial/m/news/1166400085?lang=&edition=fundamental","pubTime":"2021-05-06 09:57","market":"us","language":"en","title":"U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas","url":"https://stock-news.laohu8.com/highlight/detail?id=1166400085","media":"Reuters","summary":"The U.S. securities regulator is considering measures to require big investors to disclose more abou","content":"<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.</p><p>The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.</p><p>Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.</p><p>Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.</p><p>\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.</p><p>SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.</p><p>In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.</p><p>\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.</p><p>Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.</p><p>Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.</p><p>That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.</p><p>\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.</p><p>As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust &amp; Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.</p><p>Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.</p><p>The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.</p><p>Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.</p><p>“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.</p><p>“They could fill seven hearings with Chair Gensler’s to-do list.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and...</p>\n\n<a href=\"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/business/us-sec-chief-plans-scrutinize-short-sellers-rein-gamification-following-gamestop-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166400085","content_text":"The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.The review of rules by the Securities and Exchange Commission (SEC) was prompted by January's GameStop(GME.N)saga and the meltdown of Archegos Capital, its new chair plans to tell lawmakers.Gary Gensler, sworn in last month as chair of the top markets watchdog, will testify before the House of Representatives Financial Services Committee on Thursday.Democrats are pressuring him to take a tough stance on Wall Street after Gamestop’s fierce rally in January, fed by bullish posts on Reddit, and the March implosion of New Yorkinvestment fund Archegos.\"Whenever there are major market events, it's a good idea to consider what risks they might have placed on the entire financial system,\" Gensler will tell lawmakers, according to prepared testimony published by the committee on Wednesday.SEC staff are working on potential measures, Gensler will say, including greater disclosure of \"short-selling,\" a strategy hedge funds and other big investors use to bet a stock will fall; increasing transparency around securities lending, which underpins short-selling; and new reporting rules for the \"total return\" equity swaps that felled Archegos, a family office.In addition, Gensler has asked staff to draft a request for public input into how trading apps entice retail customers using game-like features such as points, rewards, bonuses, and competitions, according to his testimony.\"We need to ensure investors using apps with these types of features continue to be appropriately protected,\" he will say.Gensler did not elaborate on the timing for any potential regulatory proposals, which typically must go through a lengthy rule-making process including public feedback.Shares of GameStop soared in January after retail investors congregating on Reddit and trading on low-cost brokerage platforms bought shares in the video game retailer, causing big losses for hedge funds that had shorted the stock.That episode was followed in March by the collapse of Archegos, whose soured media stock bets left the fund and banks that financed its trades nursing roughly $10 billion in losses.\"The professional investor community on Wall Street and Reddit rebellion of retail investors at home will be carefully listening to what the SEC chairman has to say about his thinking on how these financial activities are regulated,\" said Dennis Kelleher, chief executive of Washington-based Better Markets.As volatility soared in January, retail broker Robinhood curbed buying in GameStop and other stocks because it could not provide the cash its clearinghouse, the Depository Trust & Clearing Corp (DTCC), required to guarantee those trades during the two days it takes them to settle.Gensler has directed SEC staff to draft a proposal on expediting the settlement process to reduce system risks, according to his testimony.The heads of the DTCC and the Financial Industry Regulatory Authority, which oversees brokers, will testify alongside Gensler.Gensler’s promises to Congress spell disruption for Wall Street. The SEC is also cracking down on special purpose acquisition company or“SPAC” mergers, and drafting new climate change risk disclosure rules, issues Gensler is also likely to be grilled on.“We wouldn’t be surprised to see members use the opportunity to press their interest for and against climate change regulatory changes, for revisions to family office rules, and more,” said Ty Gellasch, head of Washington-based Healthy Markets.“They could fill seven hearings with Chair Gensler’s to-do list.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237088,"gmtCreate":1620266756622,"gmtModify":1680787221782,"authorId":3575877970346052,"author":{"id":3575877970346052,"idStr":"3575877970346052","authorId":3575877970346052,"name":"ragdoll99","avatar":"https://static.tigerbbs.com/4b59eb72cfa88792118276743490208d","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.30%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105944236,"type":1,"supId":4237082,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":4237082,"gmtCreate":1620266727161,"gmtModify":1680787221602,"authorId":3579653595425309,"author":{"id":3579653595425309,"idStr":"3579653595425309","authorId":3579653595425309,"name":"azotest","avatar":"https://static.tigerbbs.com/9bd8f412814fbaeb758280a91014dd5a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105944236,"type":1,"supId":0,"prevId":0,"content":"Please <u>reply</u>","text":"Please <u>reply</u>","html":"Please <u>reply</u>"},{"id":4237196,"gmtCreate":1620267130532,"gmtModify":1680787218967,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105944236,"type":1,"supId":0,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "},{"id":4237200,"gmtCreate":1620267138038,"gmtModify":1680787215003,"authorId":3572249185724220,"author":{"id":3572249185724220,"idStr":"3572249185724220","authorId":3572249185724220,"name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105944236,"type":1,"supId":4237082,"prevId":0,"content":"Help me like and comment ","text":"Help me like and comment ","html":"Help me like and comment "},{"id":4237175,"gmtCreate":1620267079968,"gmtModify":1680787214305,"authorId":3576990637797737,"author":{"id":3576990637797737,"idStr":"3576990637797737","authorId":3576990637797737,"name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105944236,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":61,"commentSize":19,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}