Hester Peirce is Tied to a Lobbyist Group of Anti-Regulators
Out of the four commissioners in the SEC who voted, Hester Peirce was the only one who voted no on market transparency. What caught most investors by surprise is that Gary Gensler voted yes. The retail community has of course dedicated the time to…
These 15 Financial Institutions Bought More AMC Shares in January
Financial institutions continue to bulk up on AMC shares. AMC stock has had a massive discount in January, and it seems retail investors aren’t the only ones taking advantage of this opportunity. According to Ortex data, AMC’s short interest…
Citadel Securities Gets $1.2B Lifeline from Sequoia and Paradigm
Citadel Securities’ Ken Griffin just received a nearly $1.2 billion lifeline from Sequoia and Paradigm. This is the first time Citadel Securities has ever required private funding to stay afloat. The hedge fund lost billions of dollars in 2021 due…
Anchorage Capital Closes After Betting Against AMC Stock
Anchorage Capital Group, LLC has announced it is shutting down due to significant losses. The hedge fund is closing after 18 years and returning the $7.4 billion dollars it manages back to clients. Their credit fund, Anchorage Capital Partners is…
NSCC-2021-010 Prevents Naked Shorting and FTDs [Canceled]
The NSCC is taking accountability as a third party between lenders with the NSCC-2021-010 proposal. We now have a referee in the market saying everyone needs to play fair. Will it be implemented anytime soon? Here’s what’s going on. Update:…
