Regulators should look into the exchanges that had most liquidations in the last 24h and conduct a thorough review of fairness of practices. Any of them slowing down to a halt, effectively not allowing people to trade? Were all trades priced correctly and in line with indexes? Whatβs the setup for trade monitoring and AML programs? Are their internal trading teams fully Chinese-walled? $20B in liquidations, a lot of users got hurt. The job of regulatory bodies is to protect the consumers and assure market integrity.
π¨πΊπΈ WHITE HOUSE DROPS SHUTDOWN COUNTDOWN CLOCK: 24 HOURS LEFT
Trump met with top Democrats Monday to hash out a deal. No breakthrough.
Democrats want billions in healthcare spending restored before they'll vote for a stopgap bill.
Republicans say pass the seven-week funding patch first, then we'll talk.
Schumer:
"We laid out consequences in healthcare, and by his face, I think he heard about them for the first time"
The White House isn't budging. Budget Director Russ Vought already told agencies to prep employee termination lists, not just furloughs.
Trump thinks Democrats will take the blame.
Democrats think they're on solid ground.
Government shuts down Wednesday at 12:01 AM.
Source: WSJ, @WhiteHouse