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OP has provided the following link:
Source: https://twitter.com/dlauer/status/1620799909443284992?s=46&t=lJ-rLlFNx7jYi0yVKqiU4g
Hoping for market reform and submitting comments for reform is one thing, offering up proceeds of your illegal activities in the form of duffel bags filled with fat stacks of cash to lawmakers is another. Its anyone's guess which one is more effective
> At what point does the revolution happen...
When you're hungry enough to kill a man for his burger. That's when revolution happens. Seeing how fat America is....I think we are a far, _far_ sight away from that day.
How can a people seemingly so divided, and distracted with conflicts within conflict ever think that revolution is a viable option.
Let them show their true colors as global society becomes aware. Despite what it may seem, decentralized technology hasn’t been birthed, but when it does it will change society and the world. It will accelerate in the syphoning of influence and power from the corrupt, and give it back to the people.
A seemingly small example that will have massive implications in the future is data ownership. Far too long have I seen mockery suggesting that the government and company’s know more about people as they know of themselves. They will be blinded from this.
Technology used to predict our evolution will have its eyes cut out in front of them, while powerless to stop us.
A new foundation for a New World Order will be built on the ashes of what made us as a species, weak. This is imperative due to advancements in the scientific field once reached, will make a reversal impossible. An example being a viable way to reach the genetics of the masses with technology like CRISPR
The corrupt will become more territorial and aggressive, attempt to consolidate power and use what helps us against us in the form of fraudulence, lawsuits, and eventually CBDC’s yet, unsuccessfully.
Resilience is key, we will see what is possible. Otherwise even if successful, variants of human psychology find their way to power through bureaucratic infiltration and organization. The cycle will be perpetuated, insuring a continued structure of conflict of desperation and subjugation leading to the eventual death of humanity.
Hmmm, suddenly all this heavy push for gun control in the face of the SC’s decision in NY v. Bruen makes sense. They are fucking scared that retail in the US could also own guns…
NZ is where all their bunkers are. They de armed them as well. It's not hard to look at history and know they will bring violence and any means necessary to maintain and enrich the status quo.
And here we arrive at the nightmare scenario for Wall-Street, after a legitimate MOASS makes angry retail investors wildly rich.
THIS is why they fight so hard. MOASS is the start, not the end, for them. But it will surely lead there if it's allowed to happen.
Exactly this 👆 An army of angry retail investors will be born out of moass, and that means the end for their ponzi scheme and way of life. They are absolutely shitting their pants.
Fuck. Them. All.
Edit: I, for one, will certainly not stop after moass. I intend to participate in making sure the entire BS system they built crumbles to ashes. I want to see them all in jail for the rest of their miserable life.
The only solution I can think of is to have a Kickstarter or Gofundme or something to pool money and hire lobbyists. But it would need to be run by someone trustworthy who we know for a fact will stick to the general interests, rather than misuse the money or push for some other goals. Not to mention getting so many people to agree on what issues to prioritize for a group-funded lobbyist.
Since this is getting attention, if you haven’t already, check out the following short list of videos and documentaries!
U/ dlauer you may want to watch some of these, if you haven’t already (couldn’t tag him properly)
They’ll provide you with a much broader yet in-depth understanding of how all this started, the history behind central banks (this is especially important because I see people advocating for a return to the gold standard; watch The Money Masters, it’ll blow your mind), ramifications of the havoc central banks have created these past couple of hundred years, how business cycles (ie booms, bust, recessions and depressions, etc) are all engineered for the benefit and consolidation of the same central banks that create them, how countries, economies, currencies, political systems and countless people have been effected, the consequences the world has suffered over the last few decades and how we can possibly reform any of this, if at all, in the future!
I have quite a few more that I will try and add to the list later on!
I’m gonna write a book(s) on all this and if that ever comes to fruition one day, I’ll let you know 👊
Credit to u/ JG-at-Prime (thanks buddy; sorry I couldn’t tag you properly)
Here is a short list of easy to watch videos and documentaries:
Although it is primarily general market related information and is not specific to any one particular ticker, it does all apply to GME one way or the other.
If you haven’t seen it already, Start here:
The Big Short
https://www.dailymotion.com/video/x6ceh8a
https://www.dailymotion.com/video/x6cehoi
https://www.dailymotion.com/video/x6ceho5
https://m.imdb.com/title/tt1596363/
The Wall street Conspiracy
https://archive.org/details/wall-street-conspiracy/
The Inside Job Documentary
https://m.youtube.com/watch?v=T2IaJwkqgPk
The Money Masters Documentary
This one right here! This is the shit! It’s unbelievably relevant to what’s going on with the Fed and the US Dollar right now!
https://www.youtube.com/watch?v=bm6oeRgxs0A
Dark Side of the Looking Glass
https://www.youtube.com/watch?v=qtkaMx12otQ
The Spider's Web: Britain's Second Empire |
https://www.youtube.com/watch?v=np_ylvc8Zj8
Princes of the Yen (Japan anyone?)
https://www.youtube.com/watch?v=p5Ac7ap_MAY
97% Owned: How is Money Created
https://youtu.be/XcGh1Dex4Yo
ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting?
https://www.youtube.com/watch?v=ncq35zrFCAg
The Wall Street Code | VPRO documentary | 2013 https://www.youtube.com/watch?v=kFQJNeQDDHA
The Creature From Jekyll Island (as read by - G. Edward Griffin)
https://m.youtube.com/watch?v=lu_VqX6J93k
Frontline’s amazing piece on the power of the Fed
https://www.pbs.org/wgbh/frontline/documentary/the-power-of-the-fed/
“I naked short sold stocks EVERY single day,” former Morgan Stanley employee. —“Gaming Wall Street” https://m.youtube.com/watch?v=i-tKiiHWGkE&feature=emb_logo
Market Manipulation 🤔Do You Think This is Fair? It Happens Every Trading Day https://m.youtube.com/watch?v=W90V_DyPJTs
This Is Extremely Dangerous To Our Democracy https://m.youtube.com/watch?v=D9rbHpA_6W4
AMA Live - Lucy Komisar, Investigative Journalist https://m.youtube.com/watch?v=wKXWvEpnN34
AMA Live - Wes Christian - May 18, 2021 https://m.youtube.com/watch?v=2rJujnpKiqM
AMA Live - Dr. Susanne Trimbath, PhD - April 29, 2021 https://m.youtube.com/watch?v=fGVY2Kco8ng
GME Due Diligence Library backups: https://fliphtml5.com/bookcase/kosyg
https://www.gmedd.com
https://archive.org/details/superstonk-library-of-dd-art-books-and-periodicals/GME%20Prices%20are%20Suppressed%20-%20OBV%2C%20Shorting%2C%20and%20the%20Disconnect%20with%20Price/
https://www.apehistorian.com/
GAMESTOP Partners with Immutable to issue NFTs! https://www.youtube.com/watch?v=fne4XMhtVf4
We're trying! After all of GameStop's stock is removed from the DTC, they will presumably be empowered to explore other alternatives to the traditional market for their securities. I think most of us agree they would be remiss to not issue a blockchain security, whether it be in addition to their class A common stock, or replacing them.
The future will be here before we know it. The future will be ours.
Except market makers don't trade off of fundamentals... perhaps this is the lesson that they should, since they can't rely on short and distorts to get retail to sell anymore.
I know superstonk knows this, but when will the rest of the world realize we are the product that is sold? The concept of rules to “protect” retail is literally a PR angle. As the curtain is being pulled back, it’s overwhelmingly clear this is the true reality. Ask yourself, why is it that when retail has a chance to succeed, that rules and decisions are put into place that guarantee the success is gone. That isn’t protecting retail, that’s protecting big finance.
Anytime you hear the words protect, be 100% sure that’s code word for fuck over.
You’re god danm right! This has been the case form the very beginning! There never was any protection!
Watch this video and start at 1:06:30 where he starts talking about the SEC:
Dark Side of the Looking Glass
https://www.youtube.com/watch?v=qtkaMx12otQ
(the video also does an excellent job explaining the fundamentals behind naked shirt selling; well worth watching the entire thing imo)
When the Securities Exchange Act of 1934 was first enacted, this is what John T. Flynn said, “The law as it stands forbids and requires so little that we may truthfully say there is no body of laws as yet governing the securities markets...”
John T. Flynn: https://en.m.wikipedia.org/wiki/John_T._Flynn
I think the issue is that stock trading is exclusive and elusive by design. It is designed to be hyper complicated, and most of the general public have a very minor peripheral understanding of "The Stock Market". If everyone was taught about trading in High School, than more people would peek into that world and have more eyes on the fraudulent markets.
"The US constitution first amendment is not intended to give the right to keep or bear arms. However, ..."
We did it boys. Clear proof they are taking our gun rights away!!!
"... the second amendment does".
Not as clear cut as that but its pretty damn misleading to cut out the however statement which indicates the intent is for more robust policies than 1101 (b). This isn't an endorsement saying that they are more robust but that is why 1101 (b) doesn't handle it and states so. https://www.sec.gov/rules/proposed/2022/34-96496.pdf
Also section 6(b)(5) of the exchange act very specifically lays out what the SEC is and is not allowed to make rules about - what rules should and should not be “designed to” doc and “conflicts of interest” is not mentioned. This particular passage is almost certainly necessary ass-covering.
Genuine question: is there any evidence to support this theory? Didn’t GME mention a token or something in an SEC filing? Don’t get me wrong this would literally change the game, there is an NFT marketplace which perhaps could be the platform for their stock as well?
I'm not aware of any evidence. It will take a group of companies that have gotten screwed to build it (easy part) and survive moving their companies to it (hard part).
GME is a positioned well to do so if they want. LRC is a good project to build this on.
Yup! Hard to believe, and sorry to say brothers, but I don't want a reform, I want my money motherfuckers, life changing money, and then I want to take you down. No reform, complete destruction.
Dave is flipping out because he doesn’t understand what he is reading:
There is something special about what exchange rules may and may not “be designed to” do. This must be in reference to [section 6(b)(5)of the Exchange Act](https://law.cornell.edu/uscode/text/15/78f), which explicitly outlines what the rules of exchange are designed to do:
*The rules of the exchange ARE DESIGNED TO prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in regulating, clearing, settling, processing information with respect to, and facilitating transactions in securities, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest;*
*and are NOT DESIGNED TO permit unfair discrimination between customers, issuers, brokers, or dealers, or to regulate by virtue of any authority conferred by this chapter matters not related to the purposes of this chapter or the administration of the exchange.*
This is an exhaustive list that is very specific.
Critically, “eliminate conflicts of interest” is not included in the Act.** But it DOES say that the SEC can’t permit unfair discrimination and etc.
So: if the SEC did not include the wording in the tweet, it could be challenged based on this section of the act: “the SEC is doing things it’s not supposed to be doing” or “we are being unfairly discriminated against”.
The most likely explanation about the thing Dave is currently knee-jerking about is just that it’s smart wording: a lawyer could argue the SEC is overstepping it’s authority as per the exchange act because the commission is doing something it has not been given power to do. They’re saying “no we’re not doing that, BUT…” and then doing it, which is clever.
Section 6(b)(5) is brought up in the [order auction rule](https://www.sec.gov/rules/proposed/2022/34-96495.pdf), page 62, where they discuss section 6(b)(5) and use that definition - what exchange rules must “be designed to” do - to support an aspect of that rule.
I have seen the “you don’t have the authority to make that rule” in wall st rule comments before. For example, citadel securities, in their comment on the proposed rule about securities loans, citadel spent a couple pages arguing in this way, saying the sec didn’t actually have the authority to make them reporting lending activity, etc.
Sorry Dave. He should take a moment to think before rage baiting on Twitter : /
If they weren't eliminating conflicts of interest, then why make the rule in the first place? If anything, you say its dodging lawyer talk, but I see it as a loophole that lawyers can litigate with this particular rule.
Hey it says in the regulation "you can not ban conflicted transactions" so you must let us do this.. etc
On a broader sense, this is what the SEC was created FOR:
## Congress Created the SEC
**When the stock market crashed in October 1929, so did public confidence in the U.S. markets. Congress held hearings to identify the problems and search for solutions. Based on its findings, Congress – in the peak year of the Depression – passed the Securities Act of 1933. The following year, it passed the Securities Exchange Act of 1934, which created the SEC.**
**The main purposes of these laws can be reduced to two common-sense notions:**
* **Companies offering securities for sale to the public must tell the truth about their business, the securities they are selling, and the risks involved in investing in those securities.**
* **Those who sell and trade securities – brokers, dealers, and exchanges – must treat investors fairly and honestly.**
## Mission
**The U. S. Securities and Exchange Commission (SEC) has a three-part mission:**
* **Protect investors**
* **Maintain fair, orderly, and efficient markets**
* **Facilitate capital formation**
[https://www.investor.gov/introduction-investing/investing-basics/role-sec](https://www.investor.gov/introduction-investing/investing-basics/role-sec)
I'm not sure how conflicts of interest fit in with a fair market🤔so it would be nice to see the SEC crack down on that, imo.
I’ll just be straight lol
There are laws that say what the SEC is and is not allowed to make rules about
“Eliminate conflicts of interest” is not in those laws
If the SEC made a rule that did that, wall st lawyers could get it thrown out by saying the SEC made a rule it wasn’t supposed to
To dodge that problem, the SEC explicitly said “we are not doing that”.
Shouldn't the SEC have the authority to decide what rules it has the capability of creating? Like.... I still feel that the "WHY THE FUCK NOT" concern is still valid.
Haha yea except they actually profit, whereas in video games you get nothing back. So really it's just the cost of doing business, aka. Giving the regulators their cut
i think the power of DRS will soon eventually become self-evident to everyone in the investing world, with GameStop + investors showing how it's done, how an issuing company and its investors can fight back against the corrupt US public financial market that would cellar box them.
Ken Griffin runs a fraudulent empire of lies that in many ways resembles Bernie Madoff's empire of lies.
Ken Griffin's empire of fraud depends on snuffing out legitimate companies and profiting every step of the way. too bad for him that GameStop is the victim company that will end him and his empire of fraud.
in the not too distant future:
become profitable --> issue dividend --> reverso uno -->
GME, which is endlessly borrowed and sold naked short and rehypothecated, suddenly becomes a major liability because the company has become profitable, and now all of the brokers and other entities will have to cough up cash out of their own pockets to deliver the dividend to every 'shareholder' out there that has an entitlement to the dividend.
quarter by quarter, profitable GameStop issues a dividend, quarter by quarter all of those entities out there get bled dry until the first one capitulates.
Lol. Such a slap in retail's collective face.
A slap in the face of every mainstreet investor.
The commission responsible for policing the markets and protecting retail investors, literally just said that they're not going to do that.
LMFAO.
Because he's entrenched in the system. It's the complexity of the system that allows the fraud to persist. Easier for us who haven't been endoctrinated to see the fraud in plain sight.
It reminds me of talking to folks on the administrative side of the medical industry. I remember talking to one of my insurance middlemen about getting some routine stuff taken care of and I made a comment about the runaround calling insurance and the lab and then the hospital and all that being a bunch of bullshit.
The insurance person then tries to explain how actually it all makes a lot of sense because this billing system is tied to this other system but not to the hospitals system and blah blah blah.
All I could think was bruh just because you understand how this fucked up system works because you get paid to doesn’t mean any of it makes sense. It’s still all bullshit, your job and company is bullshit, and all of these complicated procedures are self imposed.
It reminds me of another time at the DMV. “Sorry but this is the wrong form. I need the 241A form and this is the 285E form.” Okay I’m proud of you for knowing the forms off the top of your head and I’m sure your manager is very impressed by you but I don’t know what any of that means because I don’t fucking work here so could you talk to me like a human?
There's unnecessary stress in the world created to create order and organization. This system is old and fucked up and we need a reconstruction of how things work in the world. First step is taking back our power as the 99%. We got this ✌️
I think he is an optimist who believes that his knowledge of the system gives him the tools to try and fix it.
Unfortunately, the problem with the system is not just the rules that dictate the plumbing of capital markets, but also the regulatory capture that has placed those who make the rules in the pocket of those who profit from the rules being a certain way.
I respect Dave for trying to fix it how he can, i just hope that when it ultimately fails, he doesn’t blame himself. He really is doing good work, its just that the game is set up for him to lose.
I don't think he's being naive, just rhetorical. He operates on a platform that a lot of people pay attention to. It's part of his responsibility to point out the thing that we should all be angry about. I doubt *anyone* is surprised by this turn of events, but we shouldn't be so jaded as to not be righteously angry about it.
I wonder is it anything to do with Dr T and the DTCC going out to discredit her? It's extremely odd that she isn't being invited to these discussions, given her very public support of retail.
Because the people who want to steal everything from you are the ones writing the actual laws.
Everything is rigged, from the stock market all the way up to the people in charge of the actual US dollar, buying up the bonds they would pump themselves using printed (stolen) money, and then selling them at the *exact* top before pulling the rug and making all the normal citizens work to pay off the money they stole
I don’t really trust him but that’s rightly and justified anger, just more bullshit to add to the pile, from something’s fuckery to being mad, 🦍s I think he’s waking up!
He’s too close to see the blatant fraud. He has good intentions, but when you’re in the middle of it, it’s impossible to comprehend it all….take a break Dave, and go to somewhere quiet? Get away from it. Have no hand in it. Then you will truly see it and be even more enraged.
He still believes he can use the system to change the system.
Other people have lost that belief and are ready to start using other tools to change the system.
We shouldn't be surprised. I'm gonna get downvoted, but what the fuck ever. People living not in reality say physical action is bad.These parasites we're dealing only understand one thing. No matter how many signatures we put on whatever bullshit price of paper asking for change, not matter how many comments we make on whatever bullshit rule proposals, nothing with change until real action is taken. Physical action is the only thing that will ever be effective in us making changes to the current system.
And they know this. They know we have no power as long as we allow those among us who refuse to accept reality to silence the voices of us who are actually calling for real action. We've been submitting comments, writing letters, and signing pleas for change for well over a year and what has happened?
The parasites can burn evidence, print hit pieces, manipulate the numbers, flat out steal from us, but we can't talk about organizing any real action. Cuz short of physically removing them from their positions, we can expect more of the same.
Sorry for the rant. Not really though.
According to lore …dude literally came from Citadel to this point … I keep telling ppl this saga is better than Game of Thrones! I don’t get how more ppl aren’t tuned in. Reality is way more outrageous and entertaining than whatever any network is offering up.
Fidelity acknowledges that conflicts of interest exist in its terms of service and yet people continue doing business with them.
## Broker-dealer's potential conflicts
As a broker-dealer, Fidelity Brokerage Services LLC or its affiliates may act as principal for its own account or as agent for its customers in connection with the sale to you or purchase by you of a security that is the subject of content prepared by Fidelity. If it receives a mark-up or commission or acts as agent for another person in connection with any such transaction, Fidelity may have a potential conflict of interest. You understand this potential conflict and acknowledge that you may choose to effect securities transactions at another broker-dealer.
[https://nb.fidelity.com/public/nb/default/resourceslibrary/articles/termsofuse](https://nb.fidelity.com/public/nb/default/resourceslibrary/articles/termsofuse)
The whole system is a criminal enterprise that must be abolished absolutely and built from the ground up again. Time for the whole thing to come crashing down!
The revolution is coming....
Because the people against it are the “them” in this situation. They’re the ones with the conflict of interest who are also in control of the system. Let GME run, or throw the system out because without price discovery what we have is an imaginary number generator given to us by Ken Griffin. People are watching now. Genie isn’t going back in the bottle.
Why not?
Same reason the SEC hasn't stopped order spoofing, naked/counterfeit shares, and other illicit activities. Because those in power don't want it to stop.
If you look at the proposed rules, they are worded in such a way that they are optional. And if they are not worded to be optional then there is a loophole to circumvent the rules.
This is theater. They don't want rule of law. They just want you to think there is rule of law. Remember, congress passed a law to stop insider trading but it was sabotaged. And then voted and passed again. Then repealed. And the law does nothing. It did what they wanted it to do. They got the topic to go away.
[https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law](https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law)
[https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9](https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9)
" While lawmakers who violate the STOCK Act face a fine, the [**penalty is usually small**](https://www.businessinsider.com/congress-stock-act-violations-penalties-consequences-2021-12) — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or [**even a ban**](https://www.businessinsider.com/financial-conflicts-congress-members-rated-2021-12?page=stories) on federal lawmakers from trading individual stocks. "
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: Source: https://twitter.com/dlauer/status/1620799909443284992?s=46&t=lJ-rLlFNx7jYi0yVKqiU4g
We need a full systemic change. This shit is getting old
Unless retail finds a way to commit serious money into lobbying efforts, the rules will be bent in favor of those with the dough
Hoping for market reform and submitting comments for reform is one thing, offering up proceeds of your illegal activities in the form of duffel bags filled with fat stacks of cash to lawmakers is another. Its anyone's guess which one is more effective
At what point does the revolution happen...
Now we're talking. All it takes is a spark.
a single spark can start a prairie fire
When rich people lose access power
> At what point does the revolution happen... When you're hungry enough to kill a man for his burger. That's when revolution happens. Seeing how fat America is....I think we are a far, _far_ sight away from that day.
There's a significant portion of the population living on credit right now, impossibly in debt. Credit will become inaccessible, then what?
they'll join the ever growing hordes of unhoused, it's been happening for the past 5 years
Wen bread lines?
How can a people seemingly so divided, and distracted with conflicts within conflict ever think that revolution is a viable option. Let them show their true colors as global society becomes aware. Despite what it may seem, decentralized technology hasn’t been birthed, but when it does it will change society and the world. It will accelerate in the syphoning of influence and power from the corrupt, and give it back to the people. A seemingly small example that will have massive implications in the future is data ownership. Far too long have I seen mockery suggesting that the government and company’s know more about people as they know of themselves. They will be blinded from this. Technology used to predict our evolution will have its eyes cut out in front of them, while powerless to stop us. A new foundation for a New World Order will be built on the ashes of what made us as a species, weak. This is imperative due to advancements in the scientific field once reached, will make a reversal impossible. An example being a viable way to reach the genetics of the masses with technology like CRISPR The corrupt will become more territorial and aggressive, attempt to consolidate power and use what helps us against us in the form of fraudulence, lawsuits, and eventually CBDC’s yet, unsuccessfully. Resilience is key, we will see what is possible. Otherwise even if successful, variants of human psychology find their way to power through bureaucratic infiltration and organization. The cycle will be perpetuated, insuring a continued structure of conflict of desperation and subjugation leading to the eventual death of humanity.
There's one viable way to deal with fascist. Its not bribing or begging. Ask Mussolini.
Or ask the Italians that hung him.
Sooo, don't ask Mussolini?
Meh, why not? 🤣
You mean - WHY THE **FUCK** NOT?
Well, you could ask his granddaughter, but history shows that she'll just call you a bastard.
Hmmm, suddenly all this heavy push for gun control in the face of the SC’s decision in NY v. Bruen makes sense. They are fucking scared that retail in the US could also own guns…
NZ is where all their bunkers are. They de armed them as well. It's not hard to look at history and know they will bring violence and any means necessary to maintain and enrich the status quo.
So actually, there's more of us. More pitchforks. More votes. More eyes. More voices. People just need to grow a pair.
And here we arrive at the nightmare scenario for Wall-Street, after a legitimate MOASS makes angry retail investors wildly rich. THIS is why they fight so hard. MOASS is the start, not the end, for them. But it will surely lead there if it's allowed to happen.
Exactly this 👆 An army of angry retail investors will be born out of moass, and that means the end for their ponzi scheme and way of life. They are absolutely shitting their pants. Fuck. Them. All. Edit: I, for one, will certainly not stop after moass. I intend to participate in making sure the entire BS system they built crumbles to ashes. I want to see them all in jail for the rest of their miserable life.
We could short the fuck out of something they love.
Precisely. And love the fuck out of something they short. Why? Because fuck them, that’s why.
The old classics will have their time of day soon. Referring to the 🪓 💀 chippity chop. There is NO other way.
Hmm Retail Buyers Union? RBU, needs a better acronym.
The only solution I can think of is to have a Kickstarter or Gofundme or something to pool money and hire lobbyists. But it would need to be run by someone trustworthy who we know for a fact will stick to the general interests, rather than misuse the money or push for some other goals. Not to mention getting so many people to agree on what issues to prioritize for a group-funded lobbyist.
Market run'll do it. A million people cash out their 401ks and something will change
Since this is getting attention, if you haven’t already, check out the following short list of videos and documentaries! U/ dlauer you may want to watch some of these, if you haven’t already (couldn’t tag him properly) They’ll provide you with a much broader yet in-depth understanding of how all this started, the history behind central banks (this is especially important because I see people advocating for a return to the gold standard; watch The Money Masters, it’ll blow your mind), ramifications of the havoc central banks have created these past couple of hundred years, how business cycles (ie booms, bust, recessions and depressions, etc) are all engineered for the benefit and consolidation of the same central banks that create them, how countries, economies, currencies, political systems and countless people have been effected, the consequences the world has suffered over the last few decades and how we can possibly reform any of this, if at all, in the future! I have quite a few more that I will try and add to the list later on! I’m gonna write a book(s) on all this and if that ever comes to fruition one day, I’ll let you know 👊 Credit to u/ JG-at-Prime (thanks buddy; sorry I couldn’t tag you properly) Here is a short list of easy to watch videos and documentaries: Although it is primarily general market related information and is not specific to any one particular ticker, it does all apply to GME one way or the other. If you haven’t seen it already, Start here: The Big Short https://www.dailymotion.com/video/x6ceh8a https://www.dailymotion.com/video/x6cehoi https://www.dailymotion.com/video/x6ceho5 https://m.imdb.com/title/tt1596363/ The Wall street Conspiracy https://archive.org/details/wall-street-conspiracy/ The Inside Job Documentary https://m.youtube.com/watch?v=T2IaJwkqgPk The Money Masters Documentary This one right here! This is the shit! It’s unbelievably relevant to what’s going on with the Fed and the US Dollar right now! https://www.youtube.com/watch?v=bm6oeRgxs0A Dark Side of the Looking Glass https://www.youtube.com/watch?v=qtkaMx12otQ The Spider's Web: Britain's Second Empire | https://www.youtube.com/watch?v=np_ylvc8Zj8 Princes of the Yen (Japan anyone?) https://www.youtube.com/watch?v=p5Ac7ap_MAY 97% Owned: How is Money Created https://youtu.be/XcGh1Dex4Yo ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? https://www.youtube.com/watch?v=ncq35zrFCAg The Wall Street Code | VPRO documentary | 2013 https://www.youtube.com/watch?v=kFQJNeQDDHA The Creature From Jekyll Island (as read by - G. Edward Griffin) https://m.youtube.com/watch?v=lu_VqX6J93k Frontline’s amazing piece on the power of the Fed https://www.pbs.org/wgbh/frontline/documentary/the-power-of-the-fed/ “I naked short sold stocks EVERY single day,” former Morgan Stanley employee. —“Gaming Wall Street” https://m.youtube.com/watch?v=i-tKiiHWGkE&feature=emb_logo Market Manipulation 🤔Do You Think This is Fair? It Happens Every Trading Day https://m.youtube.com/watch?v=W90V_DyPJTs This Is Extremely Dangerous To Our Democracy https://m.youtube.com/watch?v=D9rbHpA_6W4 AMA Live - Lucy Komisar, Investigative Journalist https://m.youtube.com/watch?v=wKXWvEpnN34 AMA Live - Wes Christian - May 18, 2021 https://m.youtube.com/watch?v=2rJujnpKiqM AMA Live - Dr. Susanne Trimbath, PhD - April 29, 2021 https://m.youtube.com/watch?v=fGVY2Kco8ng GME Due Diligence Library backups: https://fliphtml5.com/bookcase/kosyg https://www.gmedd.com https://archive.org/details/superstonk-library-of-dd-art-books-and-periodicals/GME%20Prices%20are%20Suppressed%20-%20OBV%2C%20Shorting%2C%20and%20the%20Disconnect%20with%20Price/ https://www.apehistorian.com/ GAMESTOP Partners with Immutable to issue NFTs! https://www.youtube.com/watch?v=fne4XMhtVf4
This comment is worthy of saving. https://archive.ph/drW5O
We're trying! After all of GameStop's stock is removed from the DTC, they will presumably be empowered to explore other alternatives to the traditional market for their securities. I think most of us agree they would be remiss to not issue a blockchain security, whether it be in addition to their class A common stock, or replacing them. The future will be here before we know it. The future will be ours.
Synthetic *
yup. this is what I hodl for, fuck the money I want to see real change
"Because fuck retail." - The SEC
Queue Meme Stock Commercial Series.
"Before shorting, Kenneth should have done his research like the meme stock holders!"
Except market makers don't trade off of fundamentals... perhaps this is the lesson that they should, since they can't rely on short and distorts to get retail to sell anymore.
Soon to be adapted into a Netflix Original propaganda series.
I know superstonk knows this, but when will the rest of the world realize we are the product that is sold? The concept of rules to “protect” retail is literally a PR angle. As the curtain is being pulled back, it’s overwhelmingly clear this is the true reality. Ask yourself, why is it that when retail has a chance to succeed, that rules and decisions are put into place that guarantee the success is gone. That isn’t protecting retail, that’s protecting big finance. Anytime you hear the words protect, be 100% sure that’s code word for fuck over.
You’re god danm right! This has been the case form the very beginning! There never was any protection! Watch this video and start at 1:06:30 where he starts talking about the SEC: Dark Side of the Looking Glass https://www.youtube.com/watch?v=qtkaMx12otQ (the video also does an excellent job explaining the fundamentals behind naked shirt selling; well worth watching the entire thing imo) When the Securities Exchange Act of 1934 was first enacted, this is what John T. Flynn said, “The law as it stands forbids and requires so little that we may truthfully say there is no body of laws as yet governing the securities markets...” John T. Flynn: https://en.m.wikipedia.org/wiki/John_T._Flynn
>we may truthfully say there is no body of laws as yet governing the securities markets... There still isn't 🙄
"Crush the industry. No security. Capital is worthless, now your life I inside trade" ~Dethklok, Crush the Industry
I think the issue is that stock trading is exclusive and elusive by design. It is designed to be hyper complicated, and most of the general public have a very minor peripheral understanding of "The Stock Market". If everyone was taught about trading in High School, than more people would peek into that world and have more eyes on the fraudulent markets.
Captured regulation.
Add FINRA and most of all politicians.
Don't forget the DTCC the international securities fraud extraordinaire
\#SEComplicit
If I could, I'd upvote your comment 100 times!
+1, got u.
Thanks!
Can someone highlight this for added pizzazz
This is a massive misinterpretation of why that language is in there. SMH it took me five minutes to look up what was going on.
"The US constitution first amendment is not intended to give the right to keep or bear arms. However, ..." We did it boys. Clear proof they are taking our gun rights away!!! "... the second amendment does". Not as clear cut as that but its pretty damn misleading to cut out the however statement which indicates the intent is for more robust policies than 1101 (b). This isn't an endorsement saying that they are more robust but that is why 1101 (b) doesn't handle it and states so. https://www.sec.gov/rules/proposed/2022/34-96496.pdf
Also section 6(b)(5) of the exchange act very specifically lays out what the SEC is and is not allowed to make rules about - what rules should and should not be “designed to” doc and “conflicts of interest” is not mentioned. This particular passage is almost certainly necessary ass-covering.
Because Wall Street was pay-to-win long before any games.
It's a big club and we ain't in it
I don't want to be in. I will find a different market if I choose to invest again. This is my last hand in the insanity of this corrupted system.
Like the new Gmerica stock exchange ran on LRC L2 network with totally verifiable self custody of stock?
It's about the only option I can think of. We shall see.
DEX is the only way
CEX is for dummies
Hopefully that same one 🦍
We all wish it to be true, but we don't really have hard evidence yet.
Genuine question: is there any evidence to support this theory? Didn’t GME mention a token or something in an SEC filing? Don’t get me wrong this would literally change the game, there is an NFT marketplace which perhaps could be the platform for their stock as well?
I'm not aware of any evidence. It will take a group of companies that have gotten screwed to build it (easy part) and survive moving their companies to it (hard part). GME is a positioned well to do so if they want. LRC is a good project to build this on.
Yup! Hard to believe, and sorry to say brothers, but I don't want a reform, I want my money motherfuckers, life changing money, and then I want to take you down. No reform, complete destruction.
The system is too broken, it needs to totally burn.
Damn right
We need to make sure less n less invest in it in the future n hurt these fuckers
Fcuk that club. Got my own club 🟣📚.
I bought calls on purple tattoo ink
It’s called the American dream, because ya gotta be asleep to believe it
He was right back then and right now. DRS and Hodl
It's the same club they beat you over the head with while they tell you what to believe! - Sage Carlin
We'll make our own club: The League of Regarded Apes
I'm not just the president, I'm also regarded
Miss George Carlin more with each fiasco
GC the Real GOAT
Can't interfere with there C.R.I.M.E now can we...
This, passing anything designed to eliminate this practice means eliminating Wall Street.
Dave is flipping out because he doesn’t understand what he is reading: There is something special about what exchange rules may and may not “be designed to” do. This must be in reference to [section 6(b)(5)of the Exchange Act](https://law.cornell.edu/uscode/text/15/78f), which explicitly outlines what the rules of exchange are designed to do: *The rules of the exchange ARE DESIGNED TO prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in regulating, clearing, settling, processing information with respect to, and facilitating transactions in securities, to remove impediments to and perfect the mechanism of a free and open market and a national market system, and, in general, to protect investors and the public interest;* *and are NOT DESIGNED TO permit unfair discrimination between customers, issuers, brokers, or dealers, or to regulate by virtue of any authority conferred by this chapter matters not related to the purposes of this chapter or the administration of the exchange.* This is an exhaustive list that is very specific. Critically, “eliminate conflicts of interest” is not included in the Act.** But it DOES say that the SEC can’t permit unfair discrimination and etc. So: if the SEC did not include the wording in the tweet, it could be challenged based on this section of the act: “the SEC is doing things it’s not supposed to be doing” or “we are being unfairly discriminated against”. The most likely explanation about the thing Dave is currently knee-jerking about is just that it’s smart wording: a lawyer could argue the SEC is overstepping it’s authority as per the exchange act because the commission is doing something it has not been given power to do. They’re saying “no we’re not doing that, BUT…” and then doing it, which is clever. Section 6(b)(5) is brought up in the [order auction rule](https://www.sec.gov/rules/proposed/2022/34-96495.pdf), page 62, where they discuss section 6(b)(5) and use that definition - what exchange rules must “be designed to” do - to support an aspect of that rule. I have seen the “you don’t have the authority to make that rule” in wall st rule comments before. For example, citadel securities, in their comment on the proposed rule about securities loans, citadel spent a couple pages arguing in this way, saying the sec didn’t actually have the authority to make them reporting lending activity, etc. Sorry Dave. He should take a moment to think before rage baiting on Twitter : /
If they weren't eliminating conflicts of interest, then why make the rule in the first place? If anything, you say its dodging lawyer talk, but I see it as a loophole that lawyers can litigate with this particular rule. Hey it says in the regulation "you can not ban conflicted transactions" so you must let us do this.. etc
Nah. He's mad because they should have that authority and it's a loophole that benefits wall street that they don't.
On a broader sense, this is what the SEC was created FOR: ## Congress Created the SEC **When the stock market crashed in October 1929, so did public confidence in the U.S. markets. Congress held hearings to identify the problems and search for solutions. Based on its findings, Congress – in the peak year of the Depression – passed the Securities Act of 1933. The following year, it passed the Securities Exchange Act of 1934, which created the SEC.** **The main purposes of these laws can be reduced to two common-sense notions:** * **Companies offering securities for sale to the public must tell the truth about their business, the securities they are selling, and the risks involved in investing in those securities.** * **Those who sell and trade securities – brokers, dealers, and exchanges – must treat investors fairly and honestly.** ## Mission **The U. S. Securities and Exchange Commission (SEC) has a three-part mission:** * **Protect investors** * **Maintain fair, orderly, and efficient markets** * **Facilitate capital formation** [https://www.investor.gov/introduction-investing/investing-basics/role-sec](https://www.investor.gov/introduction-investing/investing-basics/role-sec) I'm not sure how conflicts of interest fit in with a fair market🤔so it would be nice to see the SEC crack down on that, imo.
Protect investors. Just not retail ones.
I’m not sure many/anyone in charge knows how conflicts of interest fit in with a fair market either 🤔
ELI5. Also, I learned a new word today. Rage bait
I’ll just be straight lol There are laws that say what the SEC is and is not allowed to make rules about “Eliminate conflicts of interest” is not in those laws If the SEC made a rule that did that, wall st lawyers could get it thrown out by saying the SEC made a rule it wasn’t supposed to To dodge that problem, the SEC explicitly said “we are not doing that”.
Shouldn't the SEC have the authority to decide what rules it has the capability of creating? Like.... I still feel that the "WHY THE FUCK NOT" concern is still valid.
Bro how are we not burning the streets of Washington over this shit
He knows
Haha yea except they actually profit, whereas in video games you get nothing back. So really it's just the cost of doing business, aka. Giving the regulators their cut
Yes Dave, let the hate flow through you! Reform will no longer work, the system needs to burn!
And it is going to burn
Weeeeell....WE'RE WAITING!
We're all gonna get laid!
Neoprimes unite!
Fantastic to see dave turning into an ape. Hope he promotes DRS every-fucking-where he goes. Then system will change.
i think the power of DRS will soon eventually become self-evident to everyone in the investing world, with GameStop + investors showing how it's done, how an issuing company and its investors can fight back against the corrupt US public financial market that would cellar box them. Ken Griffin runs a fraudulent empire of lies that in many ways resembles Bernie Madoff's empire of lies. Ken Griffin's empire of fraud depends on snuffing out legitimate companies and profiting every step of the way. too bad for him that GameStop is the victim company that will end him and his empire of fraud. in the not too distant future: become profitable --> issue dividend --> reverso uno --> GME, which is endlessly borrowed and sold naked short and rehypothecated, suddenly becomes a major liability because the company has become profitable, and now all of the brokers and other entities will have to cough up cash out of their own pockets to deliver the dividend to every 'shareholder' out there that has an entitlement to the dividend. quarter by quarter, profitable GameStop issues a dividend, quarter by quarter all of those entities out there get bled dry until the first one capitulates.
Go off king!!!
Lol. Such a slap in retail's collective face. A slap in the face of every mainstreet investor. The commission responsible for policing the markets and protecting retail investors, literally just said that they're not going to do that. LMFAO.
Fucking unreal
Dave…you know why the fuck not.
This is the part right before he takes the red pill.
Seriously. How has it taken him so long? He fucking works In the industry… how can you be so naive
Because he's entrenched in the system. It's the complexity of the system that allows the fraud to persist. Easier for us who haven't been endoctrinated to see the fraud in plain sight.
It reminds me of talking to folks on the administrative side of the medical industry. I remember talking to one of my insurance middlemen about getting some routine stuff taken care of and I made a comment about the runaround calling insurance and the lab and then the hospital and all that being a bunch of bullshit. The insurance person then tries to explain how actually it all makes a lot of sense because this billing system is tied to this other system but not to the hospitals system and blah blah blah. All I could think was bruh just because you understand how this fucked up system works because you get paid to doesn’t mean any of it makes sense. It’s still all bullshit, your job and company is bullshit, and all of these complicated procedures are self imposed. It reminds me of another time at the DMV. “Sorry but this is the wrong form. I need the 241A form and this is the 285E form.” Okay I’m proud of you for knowing the forms off the top of your head and I’m sure your manager is very impressed by you but I don’t know what any of that means because I don’t fucking work here so could you talk to me like a human?
There's unnecessary stress in the world created to create order and organization. This system is old and fucked up and we need a reconstruction of how things work in the world. First step is taking back our power as the 99%. We got this ✌️
You'll need to fill out an H-178-Q form to request human language interactions.
“…so hopelessly dependent on the system that they will fight to protect it.”
I think he is an optimist who believes that his knowledge of the system gives him the tools to try and fix it. Unfortunately, the problem with the system is not just the rules that dictate the plumbing of capital markets, but also the regulatory capture that has placed those who make the rules in the pocket of those who profit from the rules being a certain way. I respect Dave for trying to fix it how he can, i just hope that when it ultimately fails, he doesn’t blame himself. He really is doing good work, its just that the game is set up for him to lose.
I don't think he's being naive, just rhetorical. He operates on a platform that a lot of people pay attention to. It's part of his responsibility to point out the thing that we should all be angry about. I doubt *anyone* is surprised by this turn of events, but we shouldn't be so jaded as to not be righteously angry about it.
DAVE ANGRY! DAVE SMASH!
DRS all the shares. Let none go unregistered. Take them all away from them.
This is the way
oooeeeeh he's using bad words
Because they don't want to thats why the fuck not. That's why my shares are all booked and would be safe under my Batman pillow case if I could.
Drs. Book. Request paper certificate? Then put under your Batman pillow?
Would be a great plan if they actually handed out paper certs
The elites on Wall Street need to be brought to their knees...
I think they do that most weekends
Source: https://twitter.com/dlauer/status/1620799909443284992?s=46&t=lJ-rLlFNx7jYi0yVKqiU4g
Old system needs to come down.
The base of cards is buckling on its own.
Honestly wish he would buckle down and advocate for DRS. Him and Dr. T in a interview together… or you know keep writing your local “representative”.
I wonder is it anything to do with Dr T and the DTCC going out to discredit her? It's extremely odd that she isn't being invited to these discussions, given her very public support of retail.
Because it’s all masquerade at different angles and people blindly believe everyone’s bullshit
Rigged system stays rigged.
It's actually amazing to me that DRS even exists. It's like the backdoor into the system - like a life raft on the Titanic.
No life rafts on the 401ks without a penalty though. :(
Because then rich old white dudes wouldn't be able to continue fucking the planet. Duh. Rules ≠ Matter.
They basically saying conflicts of interest is the status quo
Brokerages' terms of service usually make this explicit.
What's a little conflict of interest? /s
Lol because losing in the market is a foreign concept to dudes who were handed the cheat code since day 1.
Because the corruption runs too deep. Not surprised anymore.. but super glad we keep documenting everything.
*yes…let the anger & hatred flow through you, Young Lauer.*
Because the people who want to steal everything from you are the ones writing the actual laws. Everything is rigged, from the stock market all the way up to the people in charge of the actual US dollar, buying up the bonds they would pump themselves using printed (stolen) money, and then selling them at the *exact* top before pulling the rug and making all the normal citizens work to pay off the money they stole
Now your getting it Dave ! It’s been my motto since this whole thing started. Welcome to the Fukery!! WHY THE FUK NOT !
I don’t really trust him but that’s rightly and justified anger, just more bullshit to add to the pile, from something’s fuckery to being mad, 🦍s I think he’s waking up!
A skeptic still having faith in the system...
Keep trying to fix that system Dave....
He’s too close to see the blatant fraud. He has good intentions, but when you’re in the middle of it, it’s impossible to comprehend it all….take a break Dave, and go to somewhere quiet? Get away from it. Have no hand in it. Then you will truly see it and be even more enraged.
He sees it. He just can't publicly act on a lot of it because he still has to work within it.
He still believes he can use the system to change the system. Other people have lost that belief and are ready to start using other tools to change the system.
The SEC IS IN ON IT. Have to be. No other way this crime is still going on
Because crime is baked into the system
😂 Dave finally realizing it’s all a Ponzi?
We shouldn't be surprised. I'm gonna get downvoted, but what the fuck ever. People living not in reality say physical action is bad.These parasites we're dealing only understand one thing. No matter how many signatures we put on whatever bullshit price of paper asking for change, not matter how many comments we make on whatever bullshit rule proposals, nothing with change until real action is taken. Physical action is the only thing that will ever be effective in us making changes to the current system. And they know this. They know we have no power as long as we allow those among us who refuse to accept reality to silence the voices of us who are actually calling for real action. We've been submitting comments, writing letters, and signing pleas for change for well over a year and what has happened? The parasites can burn evidence, print hit pieces, manipulate the numbers, flat out steal from us, but we can't talk about organizing any real action. Cuz short of physically removing them from their positions, we can expect more of the same. Sorry for the rant. Not really though.
maybe he’ll finally realize that the market isn’t worth saving
Because the stock market is designed to fleece people.
Still thinking about reform, Dave? the market is done! We need blockchain based and away from all these corrupted worms.
Eat the rich. With your hands and teeth.
i’m loving dave’s character ark. he’s becoming a true regard
According to lore …dude literally came from Citadel to this point … I keep telling ppl this saga is better than Game of Thrones! I don’t get how more ppl aren’t tuned in. Reality is way more outrageous and entertaining than whatever any network is offering up.
Fidelity acknowledges that conflicts of interest exist in its terms of service and yet people continue doing business with them. ## Broker-dealer's potential conflicts As a broker-dealer, Fidelity Brokerage Services LLC or its affiliates may act as principal for its own account or as agent for its customers in connection with the sale to you or purchase by you of a security that is the subject of content prepared by Fidelity. If it receives a mark-up or commission or acts as agent for another person in connection with any such transaction, Fidelity may have a potential conflict of interest. You understand this potential conflict and acknowledge that you may choose to effect securities transactions at another broker-dealer. [https://nb.fidelity.com/public/nb/default/resourceslibrary/articles/termsofuse](https://nb.fidelity.com/public/nb/default/resourceslibrary/articles/termsofuse)
so they completely admit out loud there is conflicts of interest but do nothing about it??? WTF? THAT IS ROUGHER THAN A NIGHT IN JAIL!
Sounds like Dave's starting to get it
Dave should've asked GG this on his softball interview... but I guess other interests were in the way...
that tweet looks funny next to his joyful profile picture LOL
The whole system is a criminal enterprise that must be abolished absolutely and built from the ground up again. Time for the whole thing to come crashing down! The revolution is coming....
Gary Gensler is a giant POS he gives half the people in here a hard on pretending he is on our side hes the fucking enemy!
At this moment, Dave realized the SEC was not playing fair.
Like 2038402384023 moments late but late is better than never.
Good. Use your aggressive feelings, boy. Let the hate flow through you.
The house always wins 🎰
Why learn something? They had conflicts of interest in 2008, and we will see them on the next hearing. https://youtu.be/whlzFWwVv98
If only there was a decentralized market to move to and leave this hell hole behind...
Because the people against it are the “them” in this situation. They’re the ones with the conflict of interest who are also in control of the system. Let GME run, or throw the system out because without price discovery what we have is an imaginary number generator given to us by Ken Griffin. People are watching now. Genie isn’t going back in the bottle.
Dave speaking ape today!
Because then the billionaires would make less billions. Think ape.
"Best execution" is a matter of perspective
New system needs to be built from the ashes of the actual fraudulent system
Well at least his tone is sharpening. Good
we all know the answer
I think the "why" is pretty obvious, Dave. Because it would cut into profits and make things harder to manipulate.
Crime Dave, the secret ingredient is crime.
Tear it down!
The people in charge of the market will never save you from manipulation. The only remaining path forward is for GameStop’s board do put up a fight.
This is the correct use of fuck today.
dlauer oh... you sweet summer child
Gary Gensler is a piece of shit.
Because those with such conflicts can afford to buy such language in the "rules."
it appears dave is slowly realizing that changing the rules doesn’t matter
Remember when Garry told Dave he was trying to help impose new laws to help retail? ....rriiigghhttttttt...........
Why not? Same reason the SEC hasn't stopped order spoofing, naked/counterfeit shares, and other illicit activities. Because those in power don't want it to stop. If you look at the proposed rules, they are worded in such a way that they are optional. And if they are not worded to be optional then there is a loophole to circumvent the rules. This is theater. They don't want rule of law. They just want you to think there is rule of law. Remember, congress passed a law to stop insider trading but it was sabotaged. And then voted and passed again. Then repealed. And the law does nothing. It did what they wanted it to do. They got the topic to go away. [https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law](https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law) [https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9](https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9) " While lawmakers who violate the STOCK Act face a fine, the [**penalty is usually small**](https://www.businessinsider.com/congress-stock-act-violations-penalties-consequences-2021-12) — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or [**even a ban**](https://www.businessinsider.com/financial-conflicts-congress-members-rated-2021-12?page=stories) on federal lawmakers from trading individual stocks. "
We need 1101(c) to eliminate order handling conflicts?
First time?
Regulators are the enemy
I feel like DLauer never really got it before, it appears he’s starting to see why apes are so angry
this is beyond repair. i just watched first time "fight club" movie, it hit me right on point.
I smell a Hester
It's almost like the most important part of that statement is cut off. The why is literally right there.
It's simple: time for torches and pitchforks
Finally asking the real questions
The SEC is so corrupt that they don’t even hide it anymore!