The SEC Names MMTLP In Pump and Dump Scheme Lawsuit
According to the SEC, MMTLP is one of the tickers Atlas Trading was pumping. The SEC recently charged a trading group, including @MrZackMorris for pumping a variety of stock tickers on their discord, per Bloomberg. Regulators are saying eight members of…
Here’s How FINRA Has Failed Retail Investors
FINRA, or the Financial Industry Regulatory Authority, is a non-governmental organization that oversees the securities industry in the United States. It is responsible for regulating broker-dealers, issuing and enforcing rules for the industry, and…
Virtu is Suing the SEC Over Records Request
Virtu Financial Inc is suing the SEC, alleging on Tuesday its primary regulator had not responded to a public records request. Virtu, a market maker with a large equities business, said it submitted a Freedom of Information Act (FOIA) request in June to…
Retail Investors are Rising Against Wall Street Corruption
Wall Street and Mainstream Media.
SEC Spent $460K on “Investomania” Meme Stock Ad
The SEC spent nearly half a million dollars on the ‘meme stock’ ad campaign that ridiculed millions of retail investors. A Twitter user had sent in a FOIA application inquiring about the costs to produce “Investomania”, the video…
