Thick fog disrupts flights on busy UK travel weekendThe 2024 US elections may signal a shift in the policy orientation of other federal financial regulators, but at the Commodity Futures Trading Commission (CFTC or Commission), at least in the short-term, the most significant Commission actions impacting the operations of futures commission merchants (FCMs) are likely to be the adoption of final rules proposed the CFTC within the last year.[1] Beyond the short-term, however, more impactful changes for FCMs are starting to come into view. Short-Term Takeaways for FCMs The CFTC will seek to finalize three rulemaking proposals advanced in the last year that directly affect FCMs. Permitted Investments of Customer Funds: In November 2023, the CFTC proposed lifting a blanket restriction on the investment of customer funds in certain non-US sovereign debt instruments, which had been imposed on FCMs and derivative clearing organizations (DCO) following the collapse of MF Global in October 2011.[2] Operational Resilience Framework: Proposed rules, if adopted, would require FCMs and swap dealers to establish comprehensive operational resilience programs, holistically addressing cybersecurity, third-party relationships and business continuity and disaster recovery.[3] Margin Adequacy and Separate Accounts: Proposed rules would codify staff no-action relief permitting FCMs to maintain separately margined accounts for the same beneficial owner.[4] If adopted, these rules would require FCMs to review and update policies and procedures. Permitted Investments of Customer Funds The proposed revisions would revise CFTC Regulation 1.25 by: expanding the list of permitted investments to include sovereign debt of Canada, the UK, France, Germany and Japan; limiting the scope of money market funds whose interests qualify as permitted investments to “government money market funds,” as defined in SEC Investment Company Act Rule 2a-7 (i.e., funds that invest 99.5 percent or more of total assets in cash, government securities, repo transactions that are collateralized fully by cash or government securities); adding interests in exchange-traded funds to the list of permitted investments, subject to conditions; removing commercial paper, corporate notes and corporate bonds from the list of permitted investments; and updating benchmarks by replacing LIBOR with SOFR and revising acknowledgment letter templates. The proposed amendments also would eliminate the requirement in the CFTC’s regulations that a depository holding customer funds must provide the CFTC with read-only electronic access to such accounts for the FCM to treat the funds held in the accounts as customer-segregated fund accounts. Operational Resilience Framework The operational risk framework rulemaking would require FCMs and swap dealers to adopt policies and procedures reasonably designed to identify, monitor, manage and assess three types of operational risk: risks related to information and technology security; risks related to third-party relationships; and disruptions to normal business operations and recovery from such disruptions. The proposal combines and expands requirements already applicable to FCMs and swap dealers in the form of CFTC Regulation 1.11 (relating to the requirement to adopt and establish a risk management program) and in several NFA Interpretive Notices (including Notice 9070 on Information Systems Security Programs, Notice 9079 on use of third-party service providers, and Notice 9052 on business continuity and disaster recovery). In addition, annual reviews and audits, senior leadership approvals, staff training and notifications to the CFTC and self-regulatory organizations of cybersecurity and other risk incidents would be mandated. Margin Adequacy and Separate Accounts In 2019, CFTC staff issued no-action relief permitting DCOs to permit their clearing members to maintain separately margined accounts for the same customer, notwithstanding a longstanding DCO rule requiring clearing members to aggregate such accounts for the purpose of determining the amount of excess funds available for withdrawal to the customer.[5] Letter 19-17 affirms that the risk management goals of that rule may be addressed if the clearing FCM carrying a customer with separate accounts satisfies 16 conditions. Letter 19-17 promised codification in due course, and that promise was redeemed in the form of a “margin adequacy” rule (first proposed by the CFTC in 2023 and then reproposed earlier this year). The reproposed rules also include amendments to Parts 22 and 30 of the CFTC Regulations (extending separate account margining risk management to the foreign futures and cleared swaps customer account origins), as well as to the regulatory capital rule for FCMs, CFTC Regulation 1.17 (making clear that calculations of assets, liabilities and capital charges by FCMs that elect to offer separate account margining to their customers must accurately reflect that separate account treatment). The CFTC’s proposed codification departs most markedly from the framework of Letter 19-17 in the additional machinery around the condition that separately margined accounts of the same customer “must be on a one business day margin call.” The reproposal includes new definitions of “business day” and “holiday,” as well as detailed guidance on how this condition should apply to settlement in USD, Euros and 10 other foreign currencies, and on how FCMs should account for holidays, both US and non-US. Doubtless these reformulated proposals will receive careful attention from market participants. Beyond the Short-Term: New Models of Clearing Recent years have seen the emergence of new models for derivatives clearing: the CFTC has approved fully collateralized DCOs open to all comers, including retail investors, as direct participants, as well as fully collateralized DCOs offering access through FCM intermediaries.[6] Several DCOs now offer or are preparing to offer access to binary options listed on affiliated designated contract markets (DCM).[7] The CFTC has blessed vertically integrated structures in which access to the DCM and DCO is available through an affiliated FCM. What we have not seen to date is disintermediated clearing (i.e., offered directly to participants, including retail) that is margined (i.e., not fully collateralized). This was the model that FTX sought to offer in 2022, a few months before its collapse.[8] It has been widely touted as the ideal market structure for trading and clearing crypto derivatives (which trade in real time 24/7). Will a new administration be inclined to give the green light to margined disintermediated trading and clearing of crypto derivatives? Conclusion Post-election, the winds of regulatory change are blowing. Firms should prepare for finalized rules on customer fund handling, operational resilience and separate account margining. Beyond that, new approaches to event contracts, and non-traditional clearing models may be in the offing. And, of course, with new blood at the top come new appointments in senior staff. Proactive compliance measures and close monitoring of regulatory updates will be essential to navigating this evolving landscape. [1] This post is part of a series exploring changes expected under the new administration across various sectors of the derivatives markets. For analysis focused on swap dealers, see Katten's Passle post on this topic here . [2] See Katten’s Passle post on this topic here . [3] See Katten’s Passle post on this topic here . [4] See Katten’s Passle post on this topic here . [5] CFTC Letter No. 19-17 (July 10, 2019), https://www.cftc.gov/csl/19-17/download . [6] See Press Release, CFTC, “CFTC Approves LedgerX, LLC to Clear Fully-Collateralized Futures and Options on Futures” (Sept. 2, 2020), https://www.cftc.gov/PressRoom/PressReleases/8230-20 . [7] See Investor Alert, SEC, “Binary Options and Fraud” (June 6, 2013), https://www.sec.gov/files/ia_binary.pdf . [8] Aoyon Ashraf, “FTX Withdraws US CFTC Derivatives Clearing Plan,” CoinDesk (Nov. 11, 2022), https://www.coindesk.com/business/2022/11/11/ftx-withdraws-us-cftc-derivatives-clearing-plan-bloomberg/ .
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GOP strategist voiced his support for amid growing concerns from MAGA devotees that his power is growing unchecked. While just days ago Musk was the Republican darling, recent comments from him and his DOGE co-head about the suitability of for top jobs have left many seething. Considering Musk is the richest man in the world, he has the wealth to potentially back up his own philosophies over those of President-elect Donald Trump. Some Republicans have insisted it’s time to get the Tesla honcho out of politics—but Jennings spoke passionately in his defence on Friday’s . WATCH: CNN’s on Elon: “I think Donald Trump having a relationship with one of the greatest innovators of our time across multiple sectors and having that person be as invested in the United States and the success of the United States as he can be is unequivocally... — TV News Now (@TVNewsNow) Kicking off the segment, host Phillip played a clip from far-right activist , who on X after she seemingly lost her blue tick thanks to her rants against him and Ramaswamy. In a clip of a phone call from Loomer, she said: “At what point do we say, ‘Thank you so much for supporting President Trump and donating to his ground gains, but these conflicts are inappropriate and they’re going to cause potential conflicts for President Trump and his nominees in the administration.' “We need to have and honest conversation about this... We need to protect President Trump from these conflicts.” “She’s apparently suddenly woken up to the fact that Elon Musk runs a company that has substantial interests overseas. Does she have a point that it’s something that should be looked at?” Phillips asked. “I think Donald Trump having a relationship with one of the greatest innovators of our time across multiple sectors and having that person be as invested in the United States and the success of the United States as he can be is unequivocally a good thing,” Jennings said in response. “And I’m sorry if people had their feelings hurt by that. This country needs people like Elon Musk to create, to innovate, to participate in our civic affairs. This is a good thing.” Democrat Mondaire Jones asked, “To run government policy by Tweet, though?” “He’s not running anything,” said Jennings. Coleman Hughes echoed, “He’s not running anything. The President is allowed to have advisors and aides, and some of his best accomplishments from his first term were by non-cabinet aides. “You know, Jared Kushner ran point on getting peace with Israel and five countries, so Elon Musk has been very successful in many domains.”49 Gift Ideas For Anyone Who Still Has A Birthday Before The Year EndsSEYMOUR – Ernest (Ernie) A. Greywacz, 97, a lifelong resident of Seymour, entered into peaceful rest on Nov. 20, 2024, with his loving family by his side. He was a devoted husband of 75 years to Helen (Osowiecki) Greywacz. Ernie was born in Seymour, in the home where he resided, son of the late Ernest A. and Melvina (Pelletier) Greywacz. He was a communicant of St. Nicholas Parish/Church of the Good Shepherd and St. Augustine Church in Seymour. Ernie honorably served in the U.S. Navy during World War II. He owned his own building contracting business, Greywacz & Smith Builders, before retiring after 40 years. He was involved in the startup of the Seymour Pop Warner Football Program and volunteered as treasurer for many years. He had a love for sports and enjoyed going to see his children and grandchildren participate in all of their events, especially watching his late son, Ernest, play football from Pop Warner through his college years at SCSU. Ernie was an avid skier to the age of 82, and spent many years in Vermont with his wife and family in the home they built together, creating many lasting memories that we will always hold close to our hearts. When he wasn’t busy with a family event, he enjoyed going to the New England Patriots games, watching UConn men’s and women’s basketball, and was a legendary fan of the Boston Celtics. His love for his family was unconditional and most important to him. Each of his own children, grandchildren, and great-grandchildren are fortunate to have their own collection of stories and memories of how he influenced our lives. He always made you feel welcomed and would lend a hand to help anyone. He will be most remembered for his devotion to his family, and his heart of gold will remain with us forever. In addition to his beloved wife, Ernie is survived by his five daughters, Lynn (Ron) Brown, Ellen Moran, Martha (Eddy) Mehaylo, Lorraine (Tim) McInerney, Josephine (Shannon) Fenton; daughter-in-law Janet Greywacz; his sister Joan Carrington, his brother David Greywacz; 11 grandchildren, 17 great-grandchildren; several nieces and nephews. He was predeceased by his son, Ernest A. Greywacz III; son-in-law Daniel J. Moran; and stepgranddaughter Stacey Impelliziere. There are no calling hours. Friends are invited to a Mass of Christian Burial in celebration of Ernest’s life on Saturday, Nov. 23, at 10 a.m. at The Church of the Good Shepherd, 135 Mountain Road, Seymour. Interment will follow at the St. Augustine Cemetery, Cedar Street, Seymour. In lieu of flowers, memorial gifts can be sent to St. Augustine Church, 35 Washington Ave., Seymour, CT 06483. Arrangements have been entrusted to the Ralph E. Hull Funeral Home, 161 W. Church St., Seymour, that Greywacz & Smith Builders constructed in 1975.
The four-time premiership mentor with the Panthers has a strong affinity with the New Zealand club after three years as a player and six as head coach. His youngest son Jett is joining the Warriors on a development contract. Cleary says he'll be forever indebted to the Warriors, and wants them to do well. NRL COVERAGE WITH PIT STOP. YOUR CAR'S SERVICE DOCTOR, USING THE LATEST TECHNOLOGY
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Tragedy on the Runway: South Korea's Worst Aviation DisasterWASHINGTON: Donald Trump threatened to begin his presidency with a massive trade war — and diplomatic crisis — as he demanded China, Canada and Mexico stop illegal immigration and drug smuggling into the United States or face punitive US import tariffs. In a series of posts on his Truth Social platform late Monday, the president-elect warned he would impose trade barriers on the top three US trading partners the day he takes office. China quickly responded Tuesday that “no one will win a trade war”, while Mexican President Claudia Sheinbaum said that tariffs were “not acceptable” and no way to address immigration and drug problems. A Canadian government source said Prime Minister Justin Trudeau called Trump and had a “productive” discussion, without giving further detail. Trump’s posts signaled he intends to return immediately to the style of his first presidency, when he regularly shocked Washington and US partners around the world with major policy shifts announced at odd hours on social media. If enacted, the tariffs would spark disruption across the global economy, deepening tensions with US rival China and upending relations with the two huge US neighbors. However, the threat backs up one of Trump’s main promises in his campaign against Democrat Kamala Harris, which was to use US economic muscle as leverage on issues having little to do with trade — namely his claim that the United States is under siege by foreign crime and dangerous migrants. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25 percent tariff on ALL products coming into the United States,” Trump posted. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” he said. “We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” In another post, Trump said he would also be slapping China with a 10 percent tariff, “above any additional Tariffs,” because the world’s second biggest economy was failing to execute fentanyl smugglers. “Representatives of China told me that they would institute their maximum penalty, that of death, for any drug dealers caught doing this but, unfortunately, they never followed through,” he said. Liu Pengyu, a spokesman for China’s embassy in the United States, told AFP that “China believes that China-US economic and trade cooperation is mutually beneficial in nature.” Mexico’s Sheinbaum fired back at Trump, saying his tariffs diplomacy was misguided. “President Trump, it is not with threats or tariffs that the migration phenomenon will be stopped, nor the consumption of drugs in the United States,” she told reporters, reading a letter she will send to Trump in which she proposes dialogue. “It is not acceptable and would cause inflation and job losses in the United States and Mexico,” she said. William Reinsch, senior adviser at the Center for Strategic and International Studies, said Trump’s Truth Social threats may be bluster — a strategy of “threaten, and then negotiate”. However, Trump’s first term in the White House was marked by an aggressive and protectionist trade agenda that also targeted China, Mexico and Canada, as well as Europe. While in the White House, Trump launched an all-out trade war with China, imposing significant tariffs on hundreds of billions of dollars of Chinese goods. China responded with retaliatory tariffs on American products, particularly affecting US farmers. Economists say tariffs can hurt US growth and push inflation, since they are primarily paid by importers bringing the goods into the United States, who often pass those costs on to consumers. Trump has said he will put his commerce secretary designate Howard Lutnick, a China hawk, in charge of trade policy. Lutnick has expressed support for a tariff level of 60 percent on Chinese goods alongside a 10 percent tariff on all other imports. – AFPSuddenly defensive Alabama looks to keep rolling against South Dakota State
Facing SC State, Georgia aims for best start in nearly a centuryNumerology Predictions Today, December 29, 2024: Read your personalized forecast for numbers 1 to 9
MITCHELL — After months of classes, studying, athletic and activities practices and even part-time jobs, students at Dakota Wesleyan University are ready to embrace some time off as Thanksgiving arrives. With Thanksgiving break starting Nov. 25, many students have already departed campus to head back to their hometowns to visit family and friends and take in the traditional meal while getting a little chance to decompress from the routine. ADVERTISEMENT But not every student. “We have an increasing population of foreign-born students, especially our soccer team, which has a significant number of them. I believe we have 21 internationals this year,” Clifford Chamberlain, a business professor at Dakota Wesleyan, told the Mitchell Republic recently. “So, just logistically, it’s very difficult for students to go home both (for Thanksgiving and Christmas), especially if they’re flying internationally.” That leaves a significant number of students without a destination over Thanksgiving break. Instead of packing up and fighting traffic heading off to whatever part of the country they come from, those students are spending their time on campus in Mitchell this week. It also leaves them without specific meal plans, as the campus cafeteria is closed until Dec. 1. That led Chamberlain, in his fourth year at Dakota Wesleyan, to step in and help fill a need for those students. He is spearheading a project to see that those students without a specific place to go have plenty of good food and company in what could otherwise be a very lonely time of year. Chamberlain is coordinating a set of volunteers to transform Dakota Hall, a residence hall on campus, into the “Dakota Kitchen,” where students remaining on campus can pick up ingredients to cook up hearty meals or even stop in to grab a fully-cooked meal. “Our cafeteria has not had enough people to justify having it open over the break because most people until this point were going home. So it was a cost-saving benefit thing. So these students were having to fend for themselves for essentially the entire week,” Chamberlain said. “The cafeteria closes on Friday, and then it doesn’t reopen until Sunday night. That’s a long time. That’s what prompted it, and I was wanting to do something.” ADVERTISEMENT He put out feelers to school staff and faculty for anyone who was willing to lend a hand, either with donations or hands-on help. He arranges for students staying over the holiday to have their key fobs updated to allow them access to the facilities hosting the meals. Willing volunteers are able to prepare a full meal, which is designated specifically for evening meals that run from 6 to 7:30 p.m. The business department at the school recently whipped up soup for the students to enjoy, none of which remained at the end of the evening. In addition, Chamberlain has purchased groceries to serve a continental-style breakfast in the mornings. The pantry at Dakota Hall is also stocked with ingredients, so students can put together their own meals. Eggs and other fresh items are turned into breakfast sandwiches. “The pantry is stocked, and literally you just take what you need and go from there. And there is lunch stuff, too,” Chamberlain. He has also connected with local churches such as First United Methodist in Mitchell, where he and students from the school were Monday night enjoying a dinner of hot soup. In addition to the international students on hand, members of the Tigers men's basketball team were also present to take advantage of the ad hoc program. Later in the week, Thanksgiving Day to be specific, Chamberlain expected to haul any interested students down to RiverTree Church for its annual free Thanksgiving meal, which feeds hundreds of people every year. The Kiwanis Club is also taking part in the effort. The project is only in its first year, but it has already received praise from both the students who utilize it and the volunteers who give of their time or cooking skills to contribute to it. Chamberlain said the need is there with the school’s growing international student body, and it is the time of year to be helpful and giving, with the Thanksgiving and Christmas holidays coming up soon. ADVERTISEMENT It’s about more than just a hot meal for students who can’t go home for the holiday. It’s also about embracing a sense of community – both at the university and the Mitchell community itself – and sharing that with those students. A sense of belonging is important, and the new project is as much about sharing personal time with those students as it is a tasty dinner. “It’s the season for it. There is a significant need, and we understand that this is a time that people really need to be around family. And because of logistical reasons, these students are in a situation where they can’t be,” Chamberlain said. “I think it drives it home a little bit more than at other times during the year. But I also think it speaks to our identity as a university. There was a need presented and they rose to the occasion.” The church basement at First United Methodist Church on Monday night in downtown Mitchell was bustling with various Dakota Wesleyan students. Quiet chatter filled the room as students gathered around bowls of hot soup. The crowd features several athletes and international students, including members of the men’s basketball team, which had a game scheduled Tuesday against Briar Cliff at the Corn Palace. That means several players are hanging around campus instead of heading home for Thanksgiving. Kevin Williamson, head coach for the men’s basketball team, was also on hand with members of his team. With the campus cafeteria closed and several players far from home, the dinner option at the church and through Chamberlain’s efforts have been helpful. It not only helps with dinner plans during a holiday week, it’s also a chance to connect with the community itself. “It’s great that people in town care enough to want to take care of our college students and student athletes, and obviously men’s basketball is here during the break when many other people are not, and it’s good that they’re putting stuff on for student athletes so they get a chance to hang out and go to different environments that aren’t just their dorm rooms,” Williamson said. “They get to go out and meet people and have different experiences that a lot of other people don’t get in college.” ADVERTISEMENT Juan Gomez seated himself with some friends, ready to dig into a bowl of soup. The senior business and finance major from Columbia tries to make it home every year for Christmas, but usually finds himself staying in Mitchell during Thanksgiving. Having formerly attended college in Iowa during his freshman year, he appreciates the gesture of Chamberlain and groups like the United Methodist Church and other volunteer groups. “This is really great. I spent my freshman year in Iowa, and I remember we had to cook our meals for ourselves. It was pasta and tuna for an entire week,” said Gomez, who is also a member of the school’s men’s soccer team. “We appreciate it, especially us internationals. We are so far from home.” For Chamberlain, the project is a way to give back, to get to know his students better and to share in the community spirit Mitchell brings to life during the holidays. That community feeling doesn’t stop with the meals, either. Sometimes, it’s just fun. “Personally, I get a lot out of it. Just interacting with the students,” Chamberlain said. “Last night I was playing Rummy with the kids, and I haven’t played Rummy in 20 years. It was really fun, and I’m already planning on doing it next Thanksgiving.” With its early success, there will likely be more, similar projects at other points during the year. Chamberlain said he was also planning to host a similar project during the school’s spring break in March, which also sees a fair amount of students linger on campus instead of heading out to warmer climates. ADVERTISEMENT For those who remain on campus, there will be hot food and warm camaraderie available from Chamberlain and his fellow volunteers at Dakota Wesleyan University and the Mitchell community in general. “It’s been amazingly well-received. The people that are doing it, they’ve had fun,” Chamberlain said.CHARLESTON, S.C. (AP) — KyKy Tandy scored 21 points and Florida Atlantic pulled away late in the second half to beat Oklahoma State 86-78 on Thursday in the Charleston Classic. It was the second straight loss by a Power Four team in the tournament after Miami fell to Drake in the opener. Florida Atlantic (4-2) plays the Bulldogs in the semifinals on Friday, while Oklahoma State (3-1) battles the Hurricanes in a consolation game. Leland Walker completed a three-point play with 4:38 left in the second half to give FAU its first lead, 68-67, since it was 16-14. Tandy made a 3-pointer from the corner to cap FAU’s 11-1 run for a 75-68 lead with 2:41 left. Oklahoma State went five-plus minutes without a field goal late in the second half until Brandon Newman made a fast-break layup with 1:17 remaining. But Ken Evans Jr. answered with a three-point play at the other end for a nine-point lead. The Cowboys turned it over on their next possession with 52.3 seconds left. Evans finished with 13 points, Walker scored 12 and Tre Carroll had 10 for FAU. The Owls attempted 49 free throws leading to three Oklahoma State players fouling out and three others finishing with four fouls. Khalil Brantley had 16 points and Robert Jennings II scored a career-high 14 points to go with 11 rebounds for Oklahoma State. Patrick Suemnick was helped off the floor with 1:40 left in the first half and did not return. Oklahoma State led 39-34 at halftime despite making just 33.3% of its shots. FAU shot a better percentage from the field (47.8) than at the free-throw line (46.7) in the first half. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
EDITOR'S NOTE: On Football analyzes the biggest topics in the NFL from week to week. No one wants to see any player take a vicious hit like the one that knocked Trevor Lawrence out of the game. It’s easy to agree on that point. Eliminating violent shots is the hard part. The NFL has instituted several rules to protect quarterbacks but football is a physical sport and players have to react instantly and make split-second decisions going at high speeds so injuries keep occurring. Lawrence was carted off the field in the first half of Jacksonville’s 23-20 loss to Houston on Sunday after Azeez Al-Shaair leveled the defenseless quarterback with a forearm to the facemask. The late hit put Lawrence in the fencing position — both fists clenched — and he stayed on the ground for several minutes, while a brawl ensued. Lawrence didn’t require hospitalization for his concussion but it’s unknown when he’ll return. “Thank you to everyone who has reached out/been praying for me,” Lawrence wrote on X. “I’m home and feeling better. Means a lot, thank you all.” Al-Shaair was ejected from the game and faces a fine and potential suspension after his latest unsportsmanlike penalty. The Texans' linebacker was flagged and later fined $11,255 for a late hit out of bounds on Titans running back Tony Pollard last week. He was fined earlier this year after he punched Bears running back Roschon Johnson on the sideline in Week 2. That occurred during a scuffle that started after his hard shot on quarterback Caleb Williams near the sideline that wasn’t flagged. Jacksonville Jaguars quarterback Trevor Lawrence slides in front of Houston Texans linebacker Azeez Al-Shaair during the first half of a game on Sunday in Jacksonville, Fla. Lawrence was injured on the play. John Raoux, Associated Press Al-Shaair once got away with grabbing Tom Brady by the throat on a pass rush in a game between the 49ers and Buccaneers. Outraged Jaguars players called Al-Shaair’s hit “dirty” and Texans coach DeMeco Ryans made it known he didn’t condone it. “It’s not what we’re coaching,” Ryans said. “Want to be smart in everything we do and not hurt the team, get a penalty there. Have to be smarter when the quarterback is going down. Unfortunate play. Not representative of who Azeez is. He’s a smart player, really great leader for us. We felt his presence not being there. His loss really affected us on the defensive side. Just not what we’re coaching. Didn’t want to see the melee and all the aftermath. That’s not what we’re about. Not representative of us. I’ll talk to Azeez, address him personally, and we’ll move forward from it.” Fox Sports color analyst Daryl Johnston, a former fullback for the Dallas Cowboys, didn’t hold back his criticism, calling it a “cheap shot.” “It’s everything you’re not supposed to do,” Johnston said. “Everything. You’ll see this in slow motion and Azeez Al-Shaair does everything you’re trying to prevent in this situation. It’s reckless. It’s disrespectful. There’s an honor that you give to your opponent on the football field and you respect him. And there’s opportunities to be physical and give big hits and play this game in that manner. And there’s other times when there’s a respect that you grant to your opponent.” Some former NFL quarterbacks blasted Al-Shaair on social media. “There is no place in the game of football for dirty hits like this one,” Robert Griffin III wrote on X. Chase Daniel called it “one of the dirtiest hits” he’s ever seen on a quarterback. Jacksonville Jaguars tight end Evan Engram, right, jumps on Houston Texans linebacker Azeez Al-Shaair after his late hit on quarterback Trevor Lawrence, bottom, during the first half of a game on Sunday in Jacksonville, Fla. Phelan M. Ebenhack, Associated Press Even defensive players struggled to defend Al-Shaair. “That was uncalled for,” Hall of Fame defensive lineman Michael Strahan said on Fox’s studio show while fellow Hall of Famer Howie Long agreed. But the play also sparked debate about the quarterback slide. Lawrence slid feet first, which signals that he’s giving himself up on the play. The NFL rulebook states: “A defender must pull up when a runner begins a feet-first slide.” But defensive players aren’t automatically penalized if they make contact with a sliding quarterback if they already committed and the contact is unavoidable. The rules state it’s a foul when “the defender makes forcible contact into the head or neck area of the runner with the helmet, shoulder, or forearm, or commits some other act that is unnecessary roughness.” Al-Shaair did that so he was penalized and will face other repercussions. Still, given the hard-hitting nature of the sport, it won’t be the last time this happens. When Caleb Williams took the field for the Chicago Bears' first regular season game against the Tennessee Titans, the anticipation for the rookie's debut game—possibly the most ever—was on full display. Despite a tough debut for the quarterback, the Bears secured a 24-17 win, a notable feat for the rookie. The victory made Williams the first #1 overall pick with a Week 1 win in over 20 years. Going forward this season, Williams is expected to eclipse C.J. Stroud's record-breaking 2023 rookie campaign with the Houston Texans. However, Stroud's success is an anomaly. Drafting a successful quarterback, especially one who is effective right away, is difficult. When teams have a high first-round draft pick, and they're coming off an unsuccessful few seasons, it's assumed that they will use their first pick on a quarterback . That player will assume the title of "the face of the franchise" and will get the central attention, win or lose. To see which quarterbacks have faced that challenge and triumphed, ATS.io compiled a ranking of the 10 best rookie quarterbacks since 1960 using data from StatHead . Rookies were defined as players who are in their first season of professional football and have not been on the roster of another professional team. Quarterbacks were ranked according to adjusted net yards per pass attempt, which quantifies efficient passing skill. Ties were broken using passer rating. Only rookie quarterbacks with at least 10 games played and 200 total passing attempts were considered. Since 1967, 130 quarterbacks have been drafted in the first round. Of those drafted, only 61 have won a playoff game as a starter, according to The Athletic, which used data from NFL Research . The biggest reason this success rate is not guaranteed is because there are differences between college and pro offensive systems. In the collegiate game, the ball is snapped at different points on the field, passing windows are wider, and defenders and linemen are not as quick, making the adjustment to the pro level more difficult. NFL scouts and general managers are gambling on what skills can be transferable and how long those adjustments might take, which is why some teams prefer redshirt quarterbacks to ease the transition. However, just because a team may not want to use their first-round pick on a quarterback, doesn't mean they can't find a diamond in the rough later in the draft. Think about Tom Brady, Russell Wilson, and Dak Prescott, all of which were not first-round picks, but have gone on to make a name for themselves in the NFL. Stacy Revere // Getty Images - Adjusted net yards per pass attempt: 6.44 - Passer rating: 91.2 - Season stats: 3,271 yards, 21 touchdowns, 6 interceptions Coming out of college, Gardner Minshew was not a highly sought-after quarterback for NFL teams. He was drafted in the sixth round of the 2019 draft—a draft that was headlined by Kyler Murray, Dwayne Haskins, and Daniel Jones. Nonetheless, Minshew's rookie season with the Jacksonville Jaguars was filled with many accomplishments. He won Rookie of the Week seven times despite not winning NFL Offensive Rookie of the Year. Minshew also had the highest passer rating of any rookie quarterback that started in 2019. James Gilbert // Getty Images - Adjusted net yards per pass attempt: 6.77 - Passer rating: 93.7 - Season stats: 3,725 yards, 27 touchdowns, 14 interceptions Pressure was high for Baker Mayfield as the first overall pick in the 2018 draft. When he joined the Cleveland Browns, there was an expectation that once the team figured out the quarterback position, it could be playoff-ready. After trading for Jarvis Landry, a young wide receiver from the Miami Dolphins, in the offseason, the Browns were on their way. Mayfield's rookie season was filled with many firsts, and the Landry-Mayfield connection filled the stat sheet. Mayfield set the record for most passing touchdowns by a rookie quarterback in 2019 with 27 surpassing prior marks from Payton Manning and Russell Wilson. Julio Aguilar // Getty Images - Adjusted net yards per pass attempt: 6.84 - Passer rating: 98.3 - Season stats: 4,336 yards, 31 touchdowns, 10 interceptions Justin Herbert was the third quarterback selected in the 2020 NFL draft behind Joe Burrow and Tua Tagovailoa. As the No. 6 overall pick, expectations were high, but there was also an assumption that it would be a few years before Herbert's development would take shape. Then, Chargers starting quarterback Tyrod Taylor was accidentally punctured in the lung by a team doctor administering a painkiller before the second game of the season, and it wasn't clear what Taylor's status would be moving forward. When Herbert was given the nod to start minutes before the game, fans didn't know what to expect. Herbert shocked viewers when he threw for over 300 yards and only one interception in that game. He continued his strong rookie showing throughout the season and went on to win NFL Offensive Rookie of the Year. Harry How // Getty Images - Adjusted net yards per pass attempt: 6.93 - Passer rating: 98.1 - Season stats: 2,621 yards, 17 touchdowns, 11 interceptions Ben Roethlisberger was the third quarterback selected in his draft class behind the likes of Eli Manning and Philip Rivers—though fans wouldn't have been able to tell. From the moment Roethlisberger was called up by the Pittsburgh Steelers to play in his first game—Week 2 against the Baltimore Ravens—it was clear he had a special arm, gaining the nickname "Golden Arm." While the next several games were bumpy for Steelers fans, it was clear that Roethlisberger was the future of the franchise. The Steelers had a solid running game and its receiving core, led by Hines Ward, was one of the best in the league . Once Roethlisberger gained his footing a few games in, he was unstoppable. He led Pittsburgh to its best record ever: 15-1. He also started the season on an eight-game winning streak, becoming the first rookie to do so. Additionally, Roethlisberger became the first quarterback to win AP Offensive Rookie of the Year. Allen Kee // Getty Images - Adjusted net yards per pass attempt: 7.01 - Passer rating: 87.7 - Season stats: 3,440 yards, 16 touchdowns, 11 interceptions As the No. 3 overall pick in the 2008 NFL draft, there were high expectations on Matt Ryan's shoulders heading to the Atlanta Falcons. The Falcons were coming off back-to-back losing seasons and off-the-field legal troubles with its starting quarterback Michael Vick overshadowing the team's play. Ryan was expected to pick up the pieces. He did that immediately, leading the Falcons to an 11-5 record in his rookie season and becoming the clear favorite for NFL Offensive Rookie of the Year halfway through the season, which he went on to win. The tag team of Ryan and running back Michael Turner was one of the best offensive forces in the sport that season. Icon Sportswire // Getty Images - Adjusted net yards per pass attempt: 7.01 - Passer rating: 100 - Season stats: 3,118 yards, 26 touchdowns, 10 interceptions Russell Wilson was drafted in the third round of the 2012 NFL Draft by the Seattle Seahawks. Considering Robert Griffin III and Andrew Luck headlined the NFL Draft that year, it was not believed that Wilson would be a starter come Week 1, but that quickly changed. Going into the 2012 NFL Draft, Tarvaris Jackson was the Seattle Seahawks' starting quarterback, and the team signed NFL veteran quarterback Matt Flynn as an insurance policy on the injury-prone Jackson . It was assumed in the short term that either Jackson or Flynn would lead the franchise. Once training camp arrived, however, the Seahawks' quarterback position was uncertain. Jackson was traded to the Buffalo Bills, and Flynn was underwhelming at camp, forcing Head Coach Pete Carroll to take a gamble on his rookie quarterback, Wilson, in Week 1. Carroll, nor Wilson, ever looked back. Wilson was one of the best passing quarterbacks that season. He led the Seahawks to an 11-5 record and went on to win NFL Rookie of the Year. Otto Greule Jr // Getty Images - Adjusted net yards per pass attempt: 7.39 - Passer rating: 96 - Season stats: 2,210 yards, 20 touchdowns, 6 interceptions When Dan Marino was drafted by the Miami Dolphins in 1983, the NFL looked very different. Running the ball was the name of the game. The quarterback would either run the football himself at the line of scrimmage or hand it off to the running back, and the offensive linemen would claw and push the pile forward as the runner powered his legs. It was not a pretty sight. However, Marino took a different approach, throwing the ball with a unique quick release for that era. He led the Dolphins to a 9-1 record after replacing David Woodley midway through his rookie season, ending with a 12-4 record. He went on to win Rookie of the Year and was the first rookie to start a Pro Bowl. Bettmann // Getty Images - Adjusted net yards per pass attempt: 7.47 - Passer rating: 100.8 - Season stats: 4,108 yards, 23 touchdowns, 5 interceptions When C.J. Stroud was drafted No. 2 by the Houston Texans last year, there were a lot of questions, not about his ability, but about the organization that he would be playing for. The Texans were coming off of a 3-13-1 season in 2022, finishing with the worst record in the league, and a lot of volatility in its front office. The team fired its head coach and a top executive before the draft. Weeks later, the team hired former Texans linebacker DeMeco Ryans as its next head coach. While Ryans is a defensive-minded coach, Stroud was seen as a key ingredient to the team's success since Ryans hired his coaching staff around the quarterback. Stroud led the NFL in yards and TD-to-interception ratio during his rookie season, which is an efficiency statistic considering he didn't get his first interception until his sixth regular-season game against the New Orleans Saints. While Stroud was a part of the league MVP conversation for most of the season, he didn't ultimately win the title. However, he was named 2023 NFL Offensive Rookie of the Year, and his rookie season is seen as one of the best in NFL history. Ryan Kang // Getty Images - Adjusted net yards per pass attempt: 7.47 - Passer rating: 102.4 - Season stats: 3,200 yards, 20 touchdowns, 5 interceptions Leading into the 2012 draft, it wasn't a matter of whether Washington would pick a quarterback, it was a matter of who. After several seasons of mediocre quarterback play and losing seasons from the likes of Jason Campbell, Donovan McNabb, and Rex Grossman, it was time for a new face to lead the offense. At No. 2, Washington selected Robert Griffin III making him the second quarterback selected in the 2012 NFL draft behind Andrew Luck. Griffin started his rookie year campaign with one of the best performances football fans have ever seen. He completed 19 of his 26 pass attempts for 320 yards and 2 touchdowns, beating the New Orleans Saints. That game earned him the highest passer rating by a rookie ever, 158.3. He now shares that record with Kirk Cousins and Marcus Mariota. Griffin III went on to win NFL Offensive Rookie of the Year in 2012. Rob Carr // Getty Images - Adjusted net yards per pass attempt: 7.86 - Passer rating: 104.9 - Season stats: 3,667 yards, 23 touchdowns, 4 interceptions Dak Prescott is statistically the best rookie quarterback ever, racking up the best passer rating as a rookie. After losing his first game, he led the Cowboys on an 11-game winning streak. That season, he led the team to its fourth-best season ever with a 13-3 record. Prescott was the 2016 NFL Offensive Rookie of the Year and became the first NFL quarterback to be drafted in the fourth round or later to start all 16 regular season games. Data reporting by Karim Noorani. Story editing by Shanna Kelly. Additional editing by Kelly Glass. Copy editing by Robert Wickwire. Photo selection by Clarese Moller. This story originally appeared on ATS.io and was produced and distributed in partnership with Stacker Studio. Wesley Hitt // Getty ImagesAlabama flips RB Jace Clarizio from Michigan State