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Taking Stock Episode 44 - Petitioning the SEC for Fairer Rules
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This week on Taking Stock, Chives was joined by @WhatCanIMakeToday, to discuss SEC Petitions, the NSCC petition hosted at WhyDRS, and the history of retail advocacy efforts as we grow from simply commenting on the proposals and reforms developed by the industry to skipping their framing and suggesting those reforms ourselves.
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Twitter/X Link:
https://x.com/i/spaces/1lPKqODbPebJb
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Join the Community:
Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl
Join us on Lemmy - https://lemmy.whynotdrs.org/
Visit https://www.drsgme.org and https://www.whydrs.org
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Links and Resources:
WhyDRS Petition Pages:
SEC Petitions FAQ and Directory:
https://www.whydrs.org/sec-petitions-for-rule-updates
NSCC Petition Review and Submission:
https://www.whydrs.org/petition-to-amend-nscc-close-out-policy
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Information from WhatCanIMakeToday and John Wooten about the OCC proposal to adjust margin and cascade of responsibilities in case of clearing member failures:
https://www.reddit.com/r/Superstonk/comments/1ae0toi/occ_proposes_reducing_margin_requirements_to/
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Special Thanks to:
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