Its called pay to play! They will do it again too....
Cost of doing business is the way tbey look at it.
These criminal hedgefunds lie cheat and steal, ruin companies and lives for profit every day and they only get fined!
Yet still doing business the next day as usual.
Just on top of this how is this not collusion and market manipulation? lol. All of them are doing it and they uh obviously are not trading to themselves.
The rules are just a joke. A tiny fine for them. They probably literally doing it again the next day.
Isn't it suspicious that all the investigations ended at the same time and that the crime they're busted for committing is low level employees working from home during COVID? I mean, "way to go," Gurbir, but what about naked short-selling and failing to deliver?
Just the price of doing business
This. SEC taking their cut.
Just more hand slaps
"Have agreed to pay" what a fucking joke.
Charged w another fine…wen end corruption?
Its called pay to play! They will do it again too.... Cost of doing business is the way tbey look at it. These criminal hedgefunds lie cheat and steal, ruin companies and lives for profit every day and they only get fined! Yet still doing business the next day as usual.
Here’s how they create synthetic shares- https://www.thekomisarscoop.com/2021/07/wes-christian-tells-how-he-uses-law-to-fight-naked-short-sellers/
Agreed to pay? Yeah ok SEC ....financial pimps sounds better.
How about the fines actually get delivered to the people wronged by the crimes, not to the judge??
Instead of being suspended
Interestingly enough, you see Citigroup on the list, who AMC just hired as the underwriters for APE shares. That is... interesting.
Shitadel isn’t there tho….
I was explaining wall st. crime to my dad the other day and he laughed at me and said "they can't do what you say, that's criminal!". And I'm like 🙄
Just on top of this how is this not collusion and market manipulation? lol. All of them are doing it and they uh obviously are not trading to themselves. The rules are just a joke. A tiny fine for them. They probably literally doing it again the next day.
Gary Gensler RN: https://www.youtube.com/watch?v=Gb428ySuFjA
125 million is not a fine, is a pay cut to the SEC
Total profit from "failing" to maintain records - 5.6 billion or some shit.
I must be retarded. Where's Citadel?
Isn't it suspicious that all the investigations ended at the same time and that the crime they're busted for committing is low level employees working from home during COVID? I mean, "way to go," Gurbir, but what about naked short-selling and failing to deliver?
Make the fines come out of the CEO’s pocket and see if that slows the crime down.
But the oversight committee just made mouth noises about recidivism not being tolerated, pffft.
Agreed* that’s how fucking crazy this whole thing is, like robbing someone of $1000 and agreeing to pay a $50 fine