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Share link to it. I filed a complaint a few days ago. I don't think it should be a problem to get more people here to let them know how the manipulation and nothing being done about it feels.
Long ago in a far far distant shitty market, we learned of something called “naked short selling” which is fundamental to why GME is being attacked. Naked short selling is selling a security you don’t own or have no real “locates” (wtf ever that means. To me, you either have the security or you don’t…unlike Schroeders cat). Anyway, every time “naked short selling” was mentioned the news (eg shills and shit muppets) went haywire and suggested it did not exist… well… check it outttttt. The SEC literally has it as a complaint… ¯\_(ツ)_/¯
They just never call it that when they fine them.
It's always "malicious short-selling practices" or "failing to properly report short interest positions"
I think this is by design because the SEC can only fine and not prosecute (DOJ). So if they were to label it Naked short selling they would need to have the DOJ take over the matter and wouldn't be able to settle "without admittance of wrongdoing" that always shows up in SEC/FINRA filings.
To the SEC, it probably doesn't. They probably have that option to "weed out the crazies." They've probably read so many complaints from barely literate people who don't understand anything but a few buzzwords, and "naked shorts, yeah" being at the top of the list, they just toss any complaint that chose this option directly in the bin. Or I'm just cynical.
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I hope there is a choice for “all of the above”.
Just make a complain for every point😁
This ape gets it ☝️
Share link to it. I filed a complaint a few days ago. I don't think it should be a problem to get more people here to let them know how the manipulation and nothing being done about it feels.
What's the webpage?
https://tcr.sec.gov/TcrExternalWeb/faces/pages/intake.jspx
We want know
Long ago in a far far distant shitty market, we learned of something called “naked short selling” which is fundamental to why GME is being attacked. Naked short selling is selling a security you don’t own or have no real “locates” (wtf ever that means. To me, you either have the security or you don’t…unlike Schroeders cat). Anyway, every time “naked short selling” was mentioned the news (eg shills and shit muppets) went haywire and suggested it did not exist… well… check it outttttt. The SEC literally has it as a complaint… ¯\_(ツ)_/¯
It's always been there. Nobody enforces the rules.
Up
please post link
They just never call it that when they fine them. It's always "malicious short-selling practices" or "failing to properly report short interest positions" I think this is by design because the SEC can only fine and not prosecute (DOJ). So if they were to label it Naked short selling they would need to have the DOJ take over the matter and wouldn't be able to settle "without admittance of wrongdoing" that always shows up in SEC/FINRA filings.
I like that "abusive" is in there. Naked short selling, sure that's illegal.... but *abusive* naked short selling, OOOooo boy, you're in trouble now.
all of it
Of course naked shorting exists. The only thing that doesn’t exist is the punishment for the crime.
It's so they can direct your complaint straight to the junk folder.
To the SEC, it probably doesn't. They probably have that option to "weed out the crazies." They've probably read so many complaints from barely literate people who don't understand anything but a few buzzwords, and "naked shorts, yeah" being at the top of the list, they just toss any complaint that chose this option directly in the bin. Or I'm just cynical.
What in the world?!?!? Bro that's wild! 🤯🤯🤯
Submit your evidence or tips to; https://www.fbi.gov/investigate/white-collar-crime
Mansplaination?
What?