2 entries tagged 24-hour trading. All writing.
SEPTEMBER 25, 2026 Three Cents a Day, Sundays Included Strategy wants to pay dividends on all four of its U.S. preferred stocks every single day, weekends included, starting with STRC on November 1. My first reaction was that this could change everything. Then I did the arithmetic. The amount of money doesn't change at all; the shape of it does. The part that could actually matter is sitting in reason number five of the proxy. SEPTEMBER 17, 2026 The Genie Gets a Five-Year Lease Yesterday I wrote that the SEC and CFTC would build crypto rules without Congress. This morning the same friend who started that conversation texted me the SEC's "Innovation Exemption" with two words of commentary — "the genie" — and a five-year number. He's right about the number. Here's what the order actually does, the caps nobody is quoting, and the other thing the SEC did in the same building on the same day that matters more than the order.