interessante Info
CLASS ACTION LAWSUIT ON SEC & REGULATORS (include that William Gavin guy from MA)
Today Trading and Market Rules are being bent by regulators. Their premise - protecting the stock market and thereby pension funds (i.e., Gods Work). Market makers and Hedge Funds that sold 29-Jan-2021 CALLS will owe public $60B if GME closes $300 on Friday. Lot more for higher close - dollar for dollar. Market Makers don't have $100-$300B sitting around and would have to force liquidate or crash the market. OK OK - Rule number 1 is you should only sell a call (or put) if you have underlying funds. Why did the MMs break that Rule? Why are the regulators not questioning that? Is it because MMs have broken this rule 10,000 times in the last decade and regulators have simply watched their favorite shows on TV? If you agree and support an investigation, please press like so this stays on top. Thank you.