The Basile Law Firm P.C. reposted this
It’s really plain and simple. There is no sound logical basis to say you have a market system where supply and demand with free and equal access to information enables price discovery (which by the way works extremely effectively and efficiently), but then destroy it by enabling fictitious supply of securities that are not owned. What’s conveyed in a sale is ownership, if you don’t OWN what you convey, it is not valid supply. That’s to begin with; to then fabricate over a dozen loopholes that enable fake borrowing, default in the settlement of liabilities for shares sold yet not owned and zero transparency; is utterly beyond logic, justice and the truth. It is outright racketeering enabling large scale theft and financial terrorism.
Everybody is watching a certain list but meanwhile in South Korea Yoon said dat Short Selling will remain in place untill harmful effects on retail investors are resolved. U.S. Securities and Exchange Commission: take a look how a job is done.
Aaron Myslinski
6mo
Settle the trades is all I can say. We are all enslaved by the 1%
Capital Markets and Financial Enthusiast with understanding of Market Structure
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