In US markets, market makers are allowed to sell stock short without having located shares before doing so. This exemption to Reg SHO's locate requirements is ripe for abuse, and the @SECGov has just fined IMC $125k for abusing this exemption.
https://t.co/GtmLyjk52o
1. In this important βTweetstorm,β a dozen messages explain a bold step. In addition to releasing today our handsomely improving second quarter 2022 earnings, we also broke out the 3-D chess board and got creative. A big move that addresses so many of your asks. TODAYβ¦WEβ¦POUNCE
2022 marks 30 years of the #AreYouAfraidOfTheDark series on SNICK π± To celebrate, we're kicking off a daily countdown of the 30 most haunting episodes.
We declare this thread started π₯
THIS IS IMPORTANT: The U.S. House of Representatives Committee on Financial Servicesβ majority staff report on meme stock trading. It calls for legislative and regulatory stock market reforms to better understand and protect retail investors. Full report: https://t.co/WrKAVLlSUP
AMC Entertainment was βpromotedβ today β we went from being included in the Russell 2000 index to the Russell 1000 index. And our very own Hycroft Mining Co. was just added to the Russell 3000.