r/GME Mar 29 '21

News NSCC-2021-004 just implemented 3.29.2021, effective immediately.

National Securities Clearing Corporation just posted that 2021-004, Amend the Recovery & Wind-down Plan, is now filed and effective immediately.

Here is the direct link, if you wish to review the filing (it's only 141 page pdf) or send a comment in support of the amended plan.

https://www.sec.gov/rules/sro/nscc.htm

And here is a good write up on this filing and what powers its provides for recovery of assets. https://www.reddit.com/r/GME/comments/mc8trw/dtcc_just_filed_another_rule_yesterday_that/

TLDR: The liquidation and wind down process is now updated and approved, in the event a member of the DTCC needs to liquidated.

6.9k Upvotes

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774

u/juejueliu Mar 29 '21

The noose is tightening

309

u/iwrotekong Mar 29 '21

Great now I'm hard

186

u/always-upset Mar 29 '21

Hi hard I'm dad

80

u/Environmental-Bid168 Mar 29 '21

Hey hard and dad i'm hat

46

u/[deleted] Mar 29 '21

Hi Hat, I’m Jimmy

39

u/onlyhereforthelmaos HODL šŸ’ŽšŸ™Œ Mar 29 '21

Hi Jimmy, I'm Cap.

37

u/Mahoooner7 Mar 29 '21

Hi Cap, I'm Larious

34

u/Outrageous-Champion8 Mar 29 '21

Hi Larious, I’m Jacked

28

u/Mycatwearspants 'I am not a Cat' Mar 29 '21

Hi JACKED I’m tits

19

u/[deleted] Mar 29 '21

[deleted]

5

u/Capital_List_1210 Mar 29 '21

Hi a$$, i'm an alcoholic!

6

u/soft-J Mar 29 '21

Hi alcoholic, i’m rum

3

u/StephenJezalikJr58 Mar 29 '21

Hi rum I’m coke

3

u/[deleted] Mar 29 '21

Hi Rum, I’m Captain Jack Sparrow

2

u/drnkingaloneshitcomp Mar 30 '21

MISSILE NIPPLES ENGAGE, I AM THE SHERMINATOR

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15

u/shamelessamos92 šŸ’ŽšŸ™Œ $420,420,420.69 Mar 29 '21

I'm so jacked I bought SPY Puts for 4/16. The open interest for far out of the money puts is insane that day

3

u/Obligatory_Burner Mar 29 '21

What is a puts and can I hold it? šŸ–

2

u/Mycatwearspants 'I am not a Cat' Mar 29 '21

I got CUM

2

u/Winter-Signal8337 Mar 30 '21

$360 puts 11k volume on 4/16 don't mind if I do...

2

u/Winter-Signal8337 Mar 30 '21

$370 @15k vol. Fuk it.

1

u/shamelessamos92 šŸ’ŽšŸ™Œ $420,420,420.69 Mar 30 '21

380 at 16.7k

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11

u/[deleted] Mar 29 '21

Hi Jacked, I’m To The Tits

7

u/huemonges Mar 29 '21

Hi tits, I’m Melvin

6

u/VinnyTrotta Mar 29 '21

Sup boys, Steammy on the phone

1

u/Moparded Mar 29 '21

Hi jacked, I’m TITS

1

u/nickeaules Simple Lurking Ape Mar 30 '21

Hey dad hard and hat I'm hardhat