SEC News: New Proposals Threaten MOASS and Market Justice

19 thoughts on “SEC News: New Proposals Threaten MOASS and Market Justice”

1. Daryl,
   Thank you so much. I’m going to send them my opinion everyday.
   Not sure that they care, but I’ll feel better that I did for myself and others.

   Billie

2. This sounds like stimulation of the class or caste system. Remove the opportunities of the lower class and continue to reward the upper social groups. I suppose if one does not desire change and is content with owning nothing this would work. Most folks I speak with are opposed to working for someone to enjoy the fruits of their labor. As I understand, the Security Exchange Commission (Government Silo) is complicit with imposing this upon its citizens. I’m not okay with that. Are you?

3. Frank, I follow your posts avidly and they are always interesting and often on the money, but given that you are on our side rather than the HF’s i wondered if it was a good thing to suggest that the MOASS may not happen, as people are easily swayed. I realise you only speak the truth / what you feel is accurate, but we don’t want retail investors to not hold their shares, as we know what damage that can do?

4. As a middle class retiree, feels like i am at the bottom of the food chain, should I say , the trading chain. (Like many others I’m sure). I will continue to hold, but seems like an endless up hill battle.
   Thank you Frank for your continued honest updates. It’s appreciated.

5. This bulls**t goes through I will take all my money out of the market and never invest again.

6. I am a concerned investor that don’t have a lot of knowledge on what is going on.
   If it wasn’t for Frank Nez I would know less. I live by the rules,policies and the laws
   Of the land in order to survive. Abuses need to be held accountable for their actions.
   Just because they are rich and I am not doesn’t mean they should be given a different
   Set of rules to live by. We as retailer’s need to be heard. Can someone let people like me know what to say( in a nice way) to the SEC to express our concerns.
   Maybe get thounds of us to sign a petition or bombard the SEC with thounds of
   Emails..EVERYDAY about doing their jobs the right way.

   1. Thr Markets change and the Weatlthy will always win until a few war like markers have been made. Unfortunately change only understands War and until the financial terrorists are eliminated publically the same practiced will remain status quo…..

   2. Billie Michener, per your comment, I listed a draft response below you can send to
      SEC for new proposed rules if you wish.
      I oppose the new SEC proposed rules (NSCC-2022-003 and NSCC-2022-801).
      They bail out market maker/hedge funds that are in a bad position often because of
      illegal naked shorting (selling fake shares and failing to deliver). The MM/hedge funds
      get a cash/asset “loan” to hedge/cover their losses, but they aren’t required to close out
      their fake shares sold positions. The net result is collusion to manipulate a stock price
      lower without having to actually close out their naked short position. It is very much
      against retail investors interests.

7. It sounds like an SEC accessory to fraud scam to “legalize” selling fake shares by allowing MM/hedge funds to just get funds loaned to them, so they could say they could buy back the fake shares sold (if they wanted to) without actually covering the illegal shorts. The net result is illegal manipulation downward of the stock when they don’t have to actually cover their shorts (fake shares sold).

   1. Pretty much nailed it. So, the proposal says that it would prevent naked shorting from occurring and it’s a safe way of maintaining ‘balance’ per say, but it looks like a copout for the synthetics that are already owed. It’s definitely a topic retail investors should have a say on.

8. Doesn’t sound like they’re necessarily erasing them, sounds like they’re going to have to back their bet with physical property and assets whether it be their own or the lenders. At least this is some sort of accountability and could potentially be tracked.
   Sure, I will trade my AMC shares for that corner office building in nyc. Or maybe a penthouse suite!

   1. The value of the asset pledged could be skewed to have a significantly higher value than it does. That will allow HF to liquidate for less with overvalued assets as “fake” collateral

9. I completely agree that short sellers need to be held accountable for the short positions they already hold. But, if 2008 has taught us anything, the government will bail themselves out of the mess they ALLOWED to be created at the expense of the consumer (retail). The system is rigged, and they would rather drag us through the mud than admit to any wrongdoing or actual justice served to the parties that were allowed to create this mess. It’s extremely frustrating as a middle class citizen to play the game by their rules, that they don’t even enforce or acknowledge, to then have our potential opportunity to succeed squandered by the people in place to protect RETAIL.

   1. Retail must raise awareness – it’s just a proposal, but shareholders should stay informed, nonetheless.

      1. What does this mean for someone who has 1000 amc shares at 26$? Thanks!

         1. It doesn’t mean anything for retail at the moment, it’s simply a proposal right now. Investors should remain informed and voice their concerns on the matter.

10. How will they use a back door to get out of the position? There is only one way to close a short position.

    1. How does this erase billions of naked shorts across AMC/GME/and all the others?

11. Let’s start a discussion!

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