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Well... they will start by redefining "market manipulation" to encompass all activity they now consider disruptive (also suitably redefined). This is America to
by balozi 6y ago
Well... they will start by redefining "market manipulation" to encompass all activity they now consider disruptive (also suitably redefined). This is America today.
- datavirtue 6y agoThis. Man walks into a hardware store and buys a Milwaukee drill. Bam, supply reduced, market manipulated.
- nsonha 6y agoYour point? Can disruptive ever be good? Other than in SV jargons?
- bradstewart 6y agoGood for who? Why does an event have to be good or bad?
- PeterisP 6y agoThere's no need for SEC to redefine market manipulation - IMHO the "pumping" activity of at least some WSB activists would perfectly match the existing legal definition of market manipulation as written to prevent historical "boiler room" type activities. On the other hand, in these discussions I have seen a bunch of assertions that what the shorting hedge funds or HFTs are doing is "market manipulation" - now that is an attempt to redefine market manipulation to something entirely different than what it is/was.