🚨 CFTC: UBS CAN HIDE CREDIT SUISSE SWAPS INDEFINITELY 🚨

🧠 1. WHY THE CFTC NO-ACTION LETTER MATTERS
It allows UBS to absorb toxic Credit Suisse swaps quietly — no clearing or margin requirements kick in.

It shields these legacy exposures from public scrutiny.

It suggests the risk is so large or complex, that the CFTC believes enforcing margin and clearing rules now could cause chaos.

In short: This is a regulatory pressure valve release, and not because the trades are fine, but because they’re too explosive to unwind all at once 🌋🌋🌋

Archegos shorted Gamestop & AMC through the use of TRS = Bullet Swaps.

It bankrupted them AND ALSO their prime broker, Credit Suisse.

Now UBS is left with the legacy costs aka = UBS are the bag holders

A thread 🧵 💣 2. UNDERSTANDING SWAPS & THEIR ROLE IN SHORT POSITIONS
🔁 What is a Total Return Swap?
A total return swap allows a hedge fund to gain synthetic exposure to a stock without owning it directly.

Instead, the prime broker / bank owns the stock and gives the fund the economic performance (gain/loss/dividend).

Example:
Hedge Fund A enters into a swap with Credit Suisse.

Credit Suisse buys 10 million shares of GameStop.

Hedge Fund A gets the gains/losses from that position.

Credit Suisse hedges their exposure — often by shorting the same stock (creating market pressure).

👉 End Result: Synthetic short interest is created without any short sale being reported to FINRA.

#AMC @CEOAdam calls on @FINRA and @NYSE yet AGAIN to investigate the FTD's on #AMC #stock as it nears ~24 consecutive days on the REG SHO THRESHOLD SECURITIES LIST.
What is it and how can covering of FTD's be delayed?
🧵 1/X

https://twitter.com/CEOAdam/status/1633247675867971585

A threshold list, AKA "Regulation SHO Threshold Security List", is a list of securities whose transactions failed to clear for five consecutive settlement days at a registered clearing agency.
Settlement failures may be indicative of improper naked short selling. #AMC 2/X

In Case anyone is looking for some sick gear to rep their love for #AMC #GME or to help support the channel, BossBlunts' ThinkTank;
10% OFF ALL MERCHANDISE THRU 4/20 ONLY - USE DISCOUNT CODE "AMC" OR LINK HERE:
bossblunts.myshopify.com/discount/AMC #Babies, #Men's, #Women's Gear and more!
10% OFF ALL MERCHANDISE THRU 4/20 ONLY - USE #DISCOUNT CODE "AMC" bossblunts.myshopify.com/discount/AMC

*8.5% of vaccinated people in Pfizers #Covid study released today developed Autoimmune diseases.
Thread 🧵(1 of 5) *4.7% of people developed blood Lymphatic Disorders
*2.6% of people suffered tachycardia 🫀
*4.6% of #vaccinated people developed #covid

Transactions were authorized until January 28th, the day the buy button was turned off. On January 26th, another document was released, updating the effective date to May 27th, which was the day after #Gamestop, #AMC & others, jumped.

I believe this is the same executive order that caused #Gamestop #AMC #BBIG #PROG & all #MEME #STOCKS to run huge in January 2021 and May 2021.

https://twitter.com/BreakingLive_/status/1493598214808866816

https://twitter.com/BossBlunts1/status/1484241972353245184?t=1qgYWorXXke3UqrHKJrQUg&s=19

#AMC #GME THE REAL REASON THEY RAN 1000S OF %, MARGIN CALLS!