Biotech Company Suing Citadel Over Market Manipulation
Biotech company Northwest Biotherapeutics is suing Citadel and other market makers for allegedly manipulating its stock price. The company is accusing Citadel Securities LLC, Susquehanna, Virtu, and other Wall Street firms of driving its stock price down…
Retail Investors Petition to Fire SEC Chairman Gary Gensler
Retail investors have gotten together and started a petition to fire SEC Chairman Gary Gensler for obstruction of justice. The SEC Chairman is believed to be complicit to the market manipulation occurring in the day-to-day stock market. Gary Gensler…
Citadel Loses Court Case to IEX Order Type
BREAKING: Citadel Securities just lost the court case to the IEX order type. The ruling is a notable victory for IEX and a blow to Citadel Securities, which profits from small differences between the bid and ask prices in a trade. (Bloomberg)—Citadel…
Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
Chicago Tribune Says Citadel Securities’ Dark Pool Targets Small Investors
The Chicago Tribune just published a piece explaining exactly what retail investors have been warning the SEC about. Citadel Securities’ dark pool dominates a big part of the financial world, accounting for as much as half of U.S. stock market…