5 ms·

Highly recommend this WeBull interview that covers all of that in extreme detail: https://www.youtube.com/watch?v=4RS4JIEVyXM&ab_channel=Benzinga https://www.yo

Highly recommend this WeBull interview that covers all of that in extreme detail: https://www.youtube.com/watch?v=4RS4JIEVyXM&ab_channel=Benzinga https://www.youtube.com/watch?v=4RS4JIEVyXM&ab_channel=Benzi... You're right. But the problem is, DTCC is a monopoly. They cover 95% of trades on wall street. Would anyone, even the SEC, dare risk destabilizing the global financial market by constraining them from taking supposedly-prudent measures to limit their risk? Because that's how they'll spin it, perhaps.

gruez 6y ago
>Would anyone, even the SEC, dare risk destabilizing the global financial market by constraining them from taking supposedly-prudent measures to limit their risk? Because that's how they'll spin it, perhaps. I mean, it makes sense. Anytime financial regulations get removed the popular narrative is that it's done by greedy wall st companies who want to destabilize the financial system ...until this time, when it's pesky regulations keeping 99% from rising up against the 1%.
getToTheChopin 6y ago
Great video, thanks for sharing. I can't help but wonder if the DTCC was pressured into raising those GME collateral requirements up to 100%. After all, there is a subjective element to this decision. https://twitter.com/KralcTrebor/status/1355544072652533760 https://twitter.com/KralcTrebor/status/1355544072652533760 This would be a pretty "clean" way to limit the GME short squeeze -- it can then be blamed on risk management rules for the overall financial system.