Join Dennis Kelleher live on r/superstonk as he answers your questions about the SEC's proposal to take away quarterly reporting, what that means for retail investors, and how to make your comment to the SEC count. Link in the comments.
Bank capital is the only thing standing between a failing bank, a financial crash, and taxpayer bailouts. But the Fed and the other banking agencies are now proposing to significantly cut capital towards pre-2008 crash levels. This is a major policy mistake. Link below.
We're honored to announce our renewed support from the Rockefeller Brothers Fund to advance the structural reforms needed to build an economy that creates broad-based growth, opportunity, and prosperity for everyone. Link in the replies.
Better Markets stands with Ohio and other states seeking to ensure online sports betting is subject to proper rules and regulations to limit problem gambling. The CFTC is too small, inexperienced, and ill-equipped to regulate nationwide gambling. Link in the comments.
Insider trading in prediction markets is a huge issue, and we must prevent insiders from profiting at the public’s expense. The best way to do that is to prohibit event contracts that are susceptible to insider betting and that have no other social utility. Read more below:
The Trade-through Rule guarantees that investors do not receive prices on their securities trades that are inferior to those available elsewhere. But today, the SEC took another step to increase costs for investors by proposing to rescind the rule. Link in the comments.
Have a question about what the SEC's reckless new proposed rule to end quarterly reporting means for you and your future? Or how it will further rig the system? Ask Better Markets' President, CEO, and Co-Founder Dennis Kelleher today at 6 ET on the subreddit r/IAmA.
The CFTC continues to act as the prediction markets industry's biggest cheerleader. The CFTC's new proposed rules would allow prediction markets to continue enabling gambling on just about anything under the guise that they are financial derivatives. Link in the comments.