Mr Cooper Group Inc (COOP)

[Royal Dude]

FDIC movement could be any day

"i. Whether to remove existing requirements to clear USD LIBOR and SGD SOR-VWAP swaps 30 days after publication of the final rule in the Federal Register instead of on July 1, 2023. The Commission notes that liquidity in USD LIBOR swaps may decline sufficiently over the coming months to support removing such swaps from the clearing requirement on a date earlier than July 1, 2023."
https://www.federalregister.gov/.../clearing-requirement...

"ii. Whether to delay implementation of the proposed requirement to clear USD SOFR and SGD SORA OIS until July 1, 2023 (or phase-in the compliance date) rather than to require compliance beginning 30 days after publication of the final rule in the Federal Register . The Commission is considering this alternative in the event that market participants have significant concerns regarding sufficiency of outstanding notional and liquidity (or pricing data) to support requiring clearing of USD SOFR swaps out to 50 years, and SGD SORA swaps out to 10 years, at an earlier time."
32931 FR

https://www.federalregister.gov/documents/2022/05/31/2022-10490/clearing-requirement-determination-under-section-2h-of-the-commodity-exchange-act-for-interest-rate?fbclid=IwAR3O8Gw4uYvbd67iyH0XlYypRp3qdMWykivbsvStoJpGruCWZXT3QMFDz9c