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What role would the SEC have? First amendment demands the freedom to publish whatever truthful information you want and there’s no restriction on profiting from
by mikeyouse 4y ago
What role would the SEC have? First amendment demands the freedom to publish whatever truthful information you want and there’s no restriction on profiting from “outside” information.
If allegations in the report are false, the traders face legal liability. If they’re true but the market disagrees with the impact, they’ll lose money on the trades.
What specific thing should the SEC be policing here?
- EVa5I7bHFq9mnYK 4y agoDon't see any specific allegations, just a lot of rap song quotations and random opinions, all emotionally charged. That smells bad, just as that decade long Tether FUD that went nowhere. Anyway, just gonna buy the stock for a quick buck)
- appleiigs 4y agoI agree that the report is low quality, but if Block has issue with the truthfulness they can sue the short seller.