Citadel files for a exemption from following the rules of the Investment Company Act of 1940 & somehow every year it's instantly granted
They are exempt from all rules except for SEC. 9, and SEC 36-53. Interesting that SEC 34 covers destruction & falsification of documents
Why would the SEC think "that granting the requested exemption is appropriate in the public interest and consistent with the protection of investors."
An exemption that allows Citadel to "willfully destroy, mutilate, alter..." or " omit to state therein any fact necessary in order to prevent the statements made therein ... from being materially misleading."
In other words Citadel is allowed to destroy incriminating documents, alter them, lie outright in their filings, even if it's misleading to investors???
And this is just two paragraphs of the '40 Act, which is a 117 page document which according to the Wikipedia article acts as one of three documents that define financial regulation in the US
#CitadelScandal #KenGriffin
$AMC $APE $GME $BBBY $BBIG $DWAC $HYMC $GNS #AMC #APE #GME #GameStop #SEC #FINRA #DTCC #FinraFraud AMC GME
10,000 Investors Demand Citadel Securities' Ban from Stock Market and Ken Griffin's Fraud Investigation.
The ball is in your court @GaryGensler / @SECGov
https://t.co/bjdQZolwNz
The stock market is the most RIGGED corrupt Ponzi scheme on earth. The largest heist on the working class in all of human history has taken place all while this piece of garbage has been in charge. @GaryGensler has done NOTHING since selected head of the @SECGov#PrisonForGary
$AMC $APE $GME $BBBY $BBIG $DWAC $HYMC $GNS #AMC #APE #GME #GameStop
No amount of popcorn bags or reverse splits will EVER increase our share price if 90-95% of orders DO NOT count to buying pressure. This is not photoshopped, this is REAL REPORTED CRIME. It’s been 410 days since this admission. WHERE TF IS THE REGULATION?!? @GaryGensler@SECGov@The_DTCC@FINRA@CEOAdam $AMC AMC $APE #AMC #APE #GME $GME #GameStop
Is it possible for us citizens to press charges against @GaryGensler and @SECGov? Anyone who looks at $AMC or $APE for 5 minutes can see the blatant illegal manipulation, yet they do nothing about it. They don't even PRETEND to enforce the law.
79.35% off exchange/ dark pool volume for $AMC today
NONE of these orders count to supply & demand for determining price. THIS IS A SCAM & PRICE SUPPRESSION
This is your free & “fair” market. YEARS OF FRAUD & NO ONE DOES A THING ABOUT IT #AMC $APE #APE
Another #AMC HALT which created MASSIVE DOWNTURN
If #AMC is 1 thing.. it’s absolutely the most manipulated and segregated stock on the market
Fuck the SEC and Fuck Market Makers