“New Price Patterns” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 2-21-24

Goldilocks and Seeds of Wisdom Trading Announcement:The Commodity Futures Trading Commission has finally approved the following proposed rules:“Proposed Rule: Regulations to Address Margin Adequacy and to Account for the Treatment of Separate Accounts by Futures Commission MerchantsProposed Rule: Foreign Boards of TradeProposed Rule: Requirements for Designated Contract Markets and Swap Execution Facilities Regarding Governance and the Mitigation of Conflicts of Interest Impacting Market Regulation Functions” These proposed rules can now go into effect. As you can see, the first one deals with the ability to collateralize and cover swaps getting ready to take place. The second one deals with foreign…