Yes, The Depository Trust Company (DTCC) is a self-regulatory organization (SRO). DTCC has the power to create and enforce industry regulations for its members, which are registered clearing agencies. This includes the DTC, NSCC, and FICC, which are all SROs under the oversight of the U.S. Securities and Exchange Commission (SEC). DTCC's SRO role allows it to propose and implement rules that become legally enforceable requirements under U.S. federal securities laws.
BINGO! MMs always WIN. Retail LOSES usually. At least on the OTC.
Disclaimer: Do not rely on my projections to make a buy or sell decision. Always do your own DD. Facts are truth. My opinions are just that - opinions.