MORE FRAUD COVER-UP??
The Gov't assisted in the theft of 65,000 Americans, including Veterans. Don't kid your self the $$ is available to pay immediately and they can recover $$ from WALL STREET criminals. Abolish FINRA!
🚩🚩🚩
Brokers already communicating THEY ARE GOING TO ASSIGN CONTRA "CUSIPS" to NBH divi shares and post them as "IOUs"...
⁉️Why do they need "IOUs" on a 1:30 common stock dividend for shares to which the issuer has already designated a contra CUSIP???...
💥'CAUSE THEY DON'T HAVE THE F'ING SHARES💥
They cannot stop what is coming!!!
#BuckleUp #FO🍿🍿🍿
MMTLP MMAT TRCH NBH
The rules in place for dividend delivery. #MMTLP.
👉Exchange Act Rule 15c3-3 (Customer Protection) – Reserves and Custody of Security. This is the core “Customer Protection Rule.” It requires broker-dealers to promptly obtain and maintain physical possession or control of customer securities and to segregate customer funds. Dividends paid on customer securities must be promptly credited to customer accounts or forwarded. Failure to do so can result in a reserve computation violation or improper possession/control of customer assets.
👉Exchange Act Section 10(b) and Rule 10b-5 (Anti-Fraud Provisions) Willfully failing to deliver dividends (or misappropriating them) can constitute fraud or deceit in connection with the purchase/sale of securities. This is a broad anti-fraud rule often invoked when customer funds or entitlements are mishandled.
👉Exchange Act Rule 15c1-7 or (Related Fair Dealing Obligations) Brokers must deal fairly with customers. Withholding or delaying dividends can violate general standards of commercial honor and just principles of trade.
👉FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) and Rule 2150 (Improper Use of Customers’ Funds or Securities) These prohibit misuse or failure to promptly remit customer entitlements like dividends.
👉FINRA Rule 11860 (or related confirmation/delivery rules) Requires proper handling and notification regarding corporate actions, including dividends.
@PeterSchiff I watched your clueless look on stage when handed that (real or fake) gold bar during the debate with CZ. You had no clue if it was legit, and a thousand bucks has evaporated from golds price since. It’s the look on your face that keeps me from buying gold.
Hello fellow fleeced investors. Will short sellers in NBHC be responsible to provide the same 1/30 dividend to the long holders of the shares sold? SEC, FINRA, DTCC, allowed and encouraged these parasitic options vampires to put us here, 1200 plus days waiting!
There's a lot of people that don't know about this fire
A lot of people don't know about us either
#MMTLP A financial crime frozen in time
Please look into $MMTLP and FINRA's #U3Halt
$SPCX
Does official trading data show 500 Million counterfeit shares sold in first six days of trading?
Will @elonmusk get the official trading data, make it public and then use it to show how many trades can’t be settled and demand trade settlement be enforced?
“$SPCX gets Govt contracts. Being naked shorted to destroy it
Financial Terrorists from all over the world selling investors COUNTERFEITS..”
@Hamnakedshorts
Remember this is why Wall Street and politicians fight so hard against the Consolidated Audit Trail.
It tracks EVERY trade.
Can’t have that sunlight.
I get no joy from making a post like this, but I do so because the information might help us to understand who we're dealing with.
W. Leo McBlain is an FIF Chairman and he was active in founding the FIF in 1996. He's also a retired Catholic Deacon of the Diocese of Camden.
The Camden Diocese recently agreed to pay a $180M abuse settlement, and even though McBlain wasn't named, it's likely that he put many of the accused in these positions.
I'd like to believe that his trust was betrayed, but knowing that he's also in a position of power within FIF, an organization that appears to prioritize money over Market integrity, it's difficult to give him the benefit of the doubt.
If you comment, please be somewhat respectful given the subject matter.
Where's the justice for MMTLP @FBI@TheJusticeDept@SECGov
MMTLP - is Howard Meyerson (FIF managing Director) arguing with the SEC's Division of Trading and Markets and FINRA's corporate action teams. He is pushing back because the Next Bridge S-1 threatened to break Wall Street's electronic clearing plumbing, legally expose massive short/FTD imbalances, and leave the broker-dealers holding the bag for billions in potential operational liability.
@SECPaulSAtkins@JDVance@RepFrenchHill@annvandersteel
The DOJ launched a probe into Wall Street short sellers, and the very next day a major TD Ameritrade document warehouse burned down. Four years later: no charges, no answers, and investors are still asking questions.
$MMTLP #MMTLP@cvpayne@dbongino@glennbeck@SECPaulSAtkins
Been 1291 days since FINRA ruined the lives of 65,000 investors with the U3 Halt on MMTLP
IT'S TIME FOR A FAIR RESOLUTION FOR THOSE STILL ALIVE!
$1291/share sounds more than fair.
$5K/share would stop NAKED SHORTS!
Hi @SECLawyer101,
In your blog post "Meta Materials Executives, John Brda and George Palikaras, charged with Market Manipulation, Fraud and Other Violations"...
You appear to cover most of the #MMTLPfiasco from Torchlight to Metamaterials, and from $MMTLP to the aftermath of the U3 halt.
But what I find interesting is that your coverage is primarily from the perspective of the regulators doing no wrong, the issuers hatching schemes, and retail investors being pumpers or uneducated concerning market mechanics.
Why don't you address the fact that outdated information was used to get @FINRA to assign the MMTLP trading symbol, and that FINRA ignored the issuer's complaints?
Why don't you mention the multiple MMTLP related questions submitted to both FINRA and the @SECGov, from over 70 members of Congress that went mostly unanswered?
Why do you reference the Atlas trading group's alleged pumping of $TRCH, but you leave out that their criminal case was dismissed by the @DOJCrimDiv?
Why haven't you reported on @TradeStation's admission that they can't facilitate MMTLP/Next Bridge transfers to the transfer agent due to the fact that they don't have enough shares?
Why didn't you put out a blog post when George Palikaras submitted a statement under oath, providing details pertaining to Robert W. Cook being aware of the MMTLP Corporate Action delay on December 5, 2022, the truth that FINRA produced the language for the initial and revised Corporate Actions, and many other facts that appear to contradict the narrative you present?
What exactly is your motivation for presenting such a biased take on everything related to this situation?
Wouldn't it make sense for you to advocate for a MMTLP/Next Bridge share count as it would either prove or disprove most theories and speculation?
https://t.co/R3kCV38wae
Dear @gopcongress & @TheDemocrats,
You were supposed to protect me, not plot against my Investment. The harm is real. Where is the subpoena for the Audited Aggregated Share Count?
⚖ for MMTLP‼
Stop acting like you don’t know @SECGov and @FINRA are in the brokers and hedge funds pockets. $MMTLP has proven it 10x over. We have the evidence. We have the FOIAs. We have the FIF communications showing the proxy for the brokers “advising” the SEC on how to proceed in our S1 process.
Did you catch that? The damn broker proxy (FIF) dictating to the SEC how to regulate a company S1.🧨
Ask yourself WHY.🤔
I thought the SEC was the regulator. Wait… They ARE the regulator!🤯
The #MMTLParmy is not leaving without an acceptable resolution. Transparency will 100% follow. They should’ve just let us trade and it never would have gotten to this point.
@SECPaulSAtkins better figure out how to “FIX IT”.
🚨Greed got em’ this time.🚨
$MMTLP #MMTLParmy $MMAT #WhatstheShareCount
@timburchett@POTUS@nbhydrocarbons
MMTLP 🚨THE SEC IS BREAKING FEDERAL LAW🚨
5 U.S.C. § 552 mandates a strict 20-day deadline for FOIA requests.
MMTLP shareholders have waited 1,278+ days (3.5 years).
This is administrative non-compliance.
With the S1 approved ($15/share valuation) and bankruptcy breaking data open from Citadel, Virtu, and the DTCC, we are not asking for favours we are demanding the law.
We are tracking every new request. ⏱️
@SECPaulSAtkins@RepFrenchHill@JDVance@annvandersteel