GMEape4Life20

GME or BRRRR

[GMEape4Life20 @GMEape4Life20]

Once it finally got here after 2 delays (not GS fault) I found I had been sent a might morphing power rangers helmet?!?! Haha was surprised by how large the box was TBH lol
Reached out to CS and found that I had to drive to the nearest store (now 20+ min away) to return this.

[GMEape4Life20 @GMEape4Life20]

@ryancohen @GameStopHelp know you probably get bombarded with posts on here but wanted to share my recent experience purchasing something online.
Bought a razer V2 pro mouse from GS INSTEAD of Amazon (support!!).

[GMEape4Life20 @GMEape4Life20]

@MorePerfectUS Please let us also stop external entities from doing the same thing!!! Looking at you CHINA!!!! Just want to be able to afford a damn house again!

[More Perfect Union @MorePerfectUS]

Democrats have introduced a bill in both houses of Congress to ban hedge funds from buying and owning single-family homes.

The bill would require all hedge funds to sell off all the single-family homes they own within 10 years, then prohibit them from owning any again.

[WeTheInvestors @WeTheInvestors_]

Too bad, so sad. $pecial interests are having a hard time defunding @SECGov’s market reform rules.

“The Administration also strong opposes Sections 550 - 556 of the [appropriations] bill.”

Recall, Section 552 pulled SEC’s funding. Admin is saying nope.

https://t.co/djBwbFkSbw

[Dave Lauer @dlauer]

Does traditional finance need a complete overhaul? Is a reasonable/sustainable transition to something better possible? Is centralization the fundamental problem? Here are some highlights from last week's #LetsTalkMarkets @UrvinFinance with @bbyron: https://t.co/vbz5E9vp2G

[Dave Lauer @dlauer]

Free trading ain't free - they're taking money from you and then telling you about what a great deal you got. It's time to stand up and tell them no more.
https://t.co/xcPnmK3VsX

[Dave Lauer @dlauer]

"Contrary to this prediction, our findings show that the majority of brokers actually route more orders to wholesalers associated with higher execution costs."

Enough is enough. Forget wholesalers/brokers lying & saying everything is fine. It's not fine & it's time to end it.

[Dave Lauer @dlauer]

Weird - I had been told that retail brokers were getting best execution and that no additional standard or SEC rule was needed. I had also been told that there is ample competition off-exchange by wholesalers, and no regulation is needed there either. THIS IS SO WEIRD.

[WeTheInvestors @WeTheInvestors_]

One question: Why?

“The professors found Fidelity kept routing roughly the same share of their orders to @citsecurities, even though @VirtuFinancial was giving better quality execution.” 💸

@SECGov @GaryGensler Is it Best Execution? Or “good enough” execution? 🤔

[Susanne Trimbath PhD @SusanneTrimbath]

Just started reading: "[C]ore band of privateers & their use of excessive debt & dubious practices to undermine our nation's economy have been largely overlooked. Even worse these people have been lauded for their financial prowess." @gmorgenson
https://t.co/jVBgyVghDp

[Susanne Trimbath PhD @SusanneTrimbath]

How much longer do we have to wait for @SECgov to fix the proxy plumbing? Despite promising fixes in 2010, it doesn’t even appear in the 2022-2026 strategic plan. Useful links in this blog 👇🏼,
https://t.co/hcWOpg1dJJ

[Dave Lauer @dlauer]

WeTheInvestors Q&A With SEC Chair Gary Gensler https://t.co/XJgtnziQRw

[Dave Lauer @dlauer]

The National Investor Relations Institute was VERY clear in their support of the SEC proposal to update the beneficial ownership definition. Don't take it from me, take it from the issuers themselves - no risk of voting rights for derivatives holders.
https://t.co/REQJeBxGjm

[Dave Lauer @dlauer]

It's not too late to file a letter. It's unfortunate that 100s of comment letters were filed opposed to this rule from a misunderstanding - so it's important to have your voice heard & correct the record. Learn more about the issue & check out our letter: https://t.co/X1zNhXvDpg

[Greg Lee @gleeville]

This is the excess calculation, not the capitalization requirement. They were all meeting the capitalization standards. This charge is the one part that a broker cannot calculate easily themselves and gets a call from the NSCC for extra money over and above the capitalization they have in place.
The issue is why do you need this unpredictable excess calculation? The system that requires this is terrible - if a broker cannot easily predict the capital required to run then the system needs work.

[Dave Lauer @dlauer]

I don't know how I missed this, but apparently for YEARS before the events of January 2021, firms were disregarding or having excess capital charges waived. It's no wonder we ended up w/under-capitalized brokers who couldn't meet their obligations. Huge risk & moral hazard here.

[Financelot @FinanceLancelot]

🚨Breaking: Swiss National Bank issues CBDC on Switzerland's exchange🚨

"This is not an experiment. It is real money equivalent to bank reserves, testing real transactions with market participants," Chairman T. Jordan

The pilot project is intended to be for a "limited time"😉😏

[Financelot @FinanceLancelot]

🚨BREAKING: The FDIC "mistakenly" releases complete version of a document showing U.S. government spent $12,700,000,000 to bail out 10 wealthy depositors amid banking crisis in March.

[Immutable @Immutable]

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