The SEC Green-Lighted Naked Shorting of IPOs in 2015
Naked shorting is still very well alive in today's markets. Despite being illegal, the SEC allowed the practice in 2015. Here's the latest.
Citadel Said in 2004 Payment for Order Flow Creates Conflict
Citadel pushed back on banning PFOF last year but said in 2004 payment for order flow "creates conflicts of interest and should be banned."
Occupy the SEC 2023 is Here: What’s Happening?
Retail investors are occupying the SEC headquarters in Washington D.C. on January 27th and January 28th from 10am-4pm. The 28th marks the two-year anniversary of the ‘meme stock’ frenzy of 2021 when Robinhood and other brokerage firms…
Global Head of Operations at Citadel Has a Board Seat at DTCC
David Inggs is Global Head of Operations at Citadel and is responsible for all products across asset servicing, billing, cash management, clearing, and has a board seat at the DTCC. The conflict of interest has raised big concerns amongst the retail…
Former Branch Chief Disappointed by SEC Meme Stock Video
The SEC meme stock video is circulating all over social media due to its surprisingly and unprofessional attack on retail investors. The agency was created in the 30s after the Great Crash to prevent fraud and protect retail investors from predatorial…
