5 ms·
> we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity Specifically calls out retail investors (i.e. WSB
by SaltyBackendGuy 6y ago
> we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity
Specifically calls out retail investors (i.e. WSB). I read it the opposite way, but I can see how it could be interpreted as a warning to both.
- jasonjayr 6y agoIt boils down where and who did the manipulation? 140% shorts, including naked shorts from Melvin? RH stopping buys but allowing sells? Conclusive proof that Citidel put their finger on the scales to force RH's actions? WSB's members constantly chanting hold/diamond hands/ride to the moon? There's a lot at play, and further examination will make for a good post mortem...
- interestica 6y agoThere's a weird aspect of meme-as-protection. It's hard for a regulating entity to cite memes and seemingly offensive speech.