I agree it's anything but cut and dry. How are ideation dinners legal, or obvious conflict of interest when a market maker has stakes in a hedge fund - are the

I agree it's anything but cut and dry. How are ideation dinners legal, or obvious conflict of interest when a market maker has stakes in a hedge fund - are they transparent about their shady collusions be it implicit or explicit? Atleast wallstreetbets is readable by anyone and everyone.