🚨 Don't miss the chance to get your copy, have it signed and meet the author Sat 12 Mar 12:15p to 2:15p Tucson Festival of Books @TFOB
[.jiff credit: @AnObviousSpy2]
I'm no longer going to call the internalizers/wholesalers market makers. These firms are not market makers - they are high-speed speculators and intermediaries.
Regulatory inefficiency has given us insane concentration of market power in these firms.
@myplayprofile Wow. They don't often admit that. Glad you got it and saved the screen shot. Definitely does not instill confidence in them having enuf actual shares to go around. What would happen if you moved your IRA to another custodian?
With everything going on today, don't miss @jonathanweisman's fascinating piece in @nytimes on the disagreement b/t Finance Chair Sen @RonWyden & his son over taxing the rich & how the merely rich provide cover for the ultrarich: https://t.co/2oUZgTSiVH @BetterMarkets 1/
@Chicago_SEC Please do your jobs and actually start regulating bad actors.
Heck, a lot of those baddies are IN Chicago committing financial crimes. How convenient!
Ok, have been asked my thoughts on GME. I really don't talk about it much because no one is. The shills leave it alone, so I haven't felt I need to repeat the obvious. It will squeeze, it has a low float, shorts never covered, no debt, energetic CEO. And ya, NFT is game changer.
We continue to fight for investors to be able to use an IEX innovation that helps them get best execution.
Listen to the live audio of the D-Limit case here: https://t.co/9UDTkpfyIk
Investigations of senior @FederalReserve officials’ pandemic trading by @SECGov and the #Fed OIG are important, but not enough. The Fed’s coverup and failure to come clean with the American people must stop here. 1/ https://t.co/JAdfndzedr
Shares held directly on the books of US companies through a transfer agent are not held at DTCC. As such, shares are not available to be loaned for any means within the security markets. Computershare is a registered transfer agent & therefore does not lend shares in any capacity
@repdavidscott@CREWcrew The more things change the more they stay the same, eh?
"Scott was named one of the 25 most corrupt members of Congress by the political watchdog group Citizens for Responsibility and Ethics in Washington."
https://t.co/61GDfvVlVn
#ethics#weseeyou
What a joke. They'll do everything they can to ensure lit markets are as inefficient as possible, because it's good for their business. This after they made these arguments against PFOF and retail internalization in 2004.
Such despicable greed and hypocrisy.