tyb/s
>>5998555 lb
trips confirm
or those stupid car wraps. Unless you have a business they are gay as fuck.
Russian banks join Chinese alternative to SWIFT payment system
Several Russian banks have joined the China International Payments System (CIPS), to ease operations between the two countries, according to a senior official at the Central Bank of Russia (CBR).
“As for the cooperation on payment systems, a range of banks are already connected to CIPS, allowing to facilitate payments routing procedure,” Vladimir Shapovalov, who heads a division dealing with foreign regulators at the CBR’s international cooperation department, said earlier this week during the international Russian-Chinese forum.
Meanwhile, the regulator hopes that Chinese counterparts pay more attention to Russia’s own SWIFT (Society for Worldwide Interbank Financial Telecommunication) alternative, SPFS (System for Transfer of Financial Messages), as it can further boost bilateral trade, the official added.
Russia is actively demonstrating the SPFS network, which was created in 2014 in response US threats of disconnecting Russia from SWIFT, to foreign partners, including China after its export version was finished late last year. The first system transaction involving a non-bank enterprise, was made by Russian oil major Rosneft in December 2017. Some 500 participants, with major Russian financial institutions and companies, have already joined.
https://www.rt.com/business/455121-russian-banks-chinese-swift/
Can pretty much stop reading the archive file right here.
> Citigroup Global Markets Holdings Inc. currently expects that the estimated value of the notes on the trade date will be between $969.90 to $999.90 per note, which will be less than the issue price. '''The estimated value of the notes is based on proprietary pricing
models of Citigroup Global Markets Inc.''' and our internal funding rate. It is not an indication of actual profit to CGMI or other of our affiliates, nor is it an indication of the price, if any, at which CGMI or any other person may
be willing to buy the notes from you at any time after issuance
'''This is there way of telling whoever buys these notes that they are valued at whatever they think they are. No market input with these.
Mark-to-model vs Mark-to- Market.'''
>https://www.sec.gov/litigation/admin/2018/34-83859.pdf
During the period from December 2014 to
March 2016, CGMI discovered and reported to the Commission staff
three separate instances involving mismarking by three traders, each on a different trading desk.
The discovery of each mismarking resulted in the recognition of millions of dollars of previously-unreportedlosses or the reversal of improperly reported unrealized gains in Respondents’ books and records.The three mismarking episodes overlapped in time, spanning the period mid-
2013 through early 2016 (the “Relevant Period”), with each
persisting for multiple quarters. All three mis-marking scenarios involved opaque, illiquid positions that were overvalued by traders and not effectively price verified by Citi’s valuation control group.
This is and has been a major problems with any of these deals that Wall street puts out. Fantasy valuations that are nothing moar than someone or some group saying this is what these are worth.
SEC laws are very strict in the sense that there can be ZERO reasonable boubt (it's too bad they refuse to enforce them) but it's a major reason why traders or firms are rarely ever convicted
Mark-to-Market vs. Mark-to-Model: What Ever Happened to Real Value?
https://seekingalpha.com/article/131509-mark-to-market-vs-mark-to-model-what-ever-happened-to-real-value
As far as the hollywood connection to DIA and Magic Johnson I can't speak to that.
>https://www.sec.gov/litigation/admin/2017/34-81898.pdf
kind of the same issue…this one has to do with them policing themselves and reporting that they did with own internal standards.
>Loop Capital relied on annual compliance attestations to monitor its employees’
adherence to its policies, including the firm’s policy prohibiting the use of unauthorized methods of electronic communication.
>In 2011, at least one senior employee at Loop Capital was aware that the Registered Representative was not complying with the firm’s policy prohibiting use of personal email for work purposes. The Registered Representative sent several emails about the finance transaction to the Loop Capital employee using her personal AOL email account.
Still using AOL in 2011??
>As a result of the conduct
described above, Loop Capital violated Section 17(a) of the Exchange Act and Rule 17a-4(b)(4) thereunder. Sections 17(a) of the Exchange Act and Rule 17a-4 require that brokers or dealers make and keep current various records relating to its business and
preserve those records for specified periods of time. Rule 17a-4(b)(4) requires broker-dealers to preserve for three years originals of all communications received and copies of all communications sent relating to their business as such.
It still comes down to the same issue as in the previous response. It is illegal to do these things and the SEC must enforce these rules.
Look at who runs the SEC…
seen this shit go on for year's.
Main mission is to take these fucker's out for what they did to everyone-not just me. You win some and lose some regarding the money. It's what they set up on purpose to fuck everyone else-while they made out with the dosh.