Citadel Pushes Back on Possible SEC PFOF Ban
The SEC is addressing the possibility of banning PFOF (payment for order flow). Citadel and other institutions are speaking out. Gary Gensler said there may be a conflict of interest for brokers and that too much power is concentrated in a handful of…
Goldman Sachs’ Dark Pools Are Under Federal Investigation
Goldman Sach’s dark pools are under investigation according to an SEC report. The SEC published a report highlighting what essentially seems to be a deep audit. This is not the first time Goldman Sachs has been fined or investigated for abusing its…
Bank of America Has Been Unethically Shorting AMC Stock
If you bank with Bank of America chances are they've been using your hard-earned money to short AMC stock.
SR 21-19: The Fed Is About to Impose Massive Margin Calls
The Fed’s just published a letter under SR 21-19 to supervise and assess the actions that led to the Archegos default by examining financial institutions and their relationships to investment funds. The Federal Reserve is issuing this guidance to…
Federal Court Judge Is Tied to Defendant in Robinhood and Citadel Case
A Miami district court judge admits the Citadel and Robinhood transcripts are suspicious. However, the federal court has dismissed the case due to a lack of evidence. Now, it’s important to note this case is separate from Citadel vs SEC. This is…
