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NYSE sells preferential access that allows favored players to skim without risk. The industry regulations around “market makers” and pay-for-order-flow are incr
by zmgsabst 3y ago
NYSE sells preferential access that allows favored players to skim without risk. The industry regulations around “market makers” and pay-for-order-flow are incredibly crooked.
There’s also a clear tolerance of securities fraud as long as you subscribe to certain ideologies — eg, NYSE allowing Disney to trade when they’re clearly stealing/destroying shareholder assets to advance the ideology of a cabal of executives and fiduciaries.