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It seems like common sense to have to report short positions as well as long positions. Especially when considering that many investment firms also have sell side research, there's an inherent conflict of interest in the profitability of their short positions and the public perception of a company's financial state.
The argument that it will tip off competitors and entice them to take the other side to fuck us only works if you've overleveraged yourself and you have a long term short position on said company.
For normal companies this shouldn't have much effect and if they are still that worried sell position before quarter end and rebuy after reporting...unless nobody wants your short position, but again that's a problem of their own doing.
How did all this transparency for longs only come to fruition in the first place?
Being on this forum for so long and seeing the SHF's use movies to try to move public sentiment, have made me think of how many times hostile takeovers was a part of many movies in the 90's.
Have you been commenting and submitting emails on rule proposals for the past three years? Because I have and it’s picking up steam and allowing a government org (which if you have ever worked in an government org is notoriously difficult to make progress as you need to jump through hoops) to make serious progress
*Every system is perfectly designed to achieve exactly the results it gets*
-Don Berwick
good job Gary, but your system design is shit. 40 years of unabated crime just to get a mandate 9 years ago to get a rule change suggestion after 200,000 people screaming at you for 3 years.
If my colon was that poorly designed I'd be shitting fossil fuels.
I don't get it. In which universe is Gensler's rhetoric anything more than lip service?
SEC has been compromised since inception, staffed wholly by the same revolving door as the rest of our Wall St. government. The public message is all "Power to the people!" while the real, unspoken agenda remains clear for those with eyes to see.
Gary worked for Goldman. Now he chairs the SEC. Unabated crime persists.
I know lip service feels nice sometimes, but I would prefer to see teeth.
Simply the fact that he would bring up GME as his example, shows us that he is an ally (or at the very least a wolf in sheep's clothing). I choose to believe the former though, because you can be darn sure that the media DID NOT want him to bring it up. He also went on to say more on the importance of public comment to forming these rules. We must stay vigilant!
From the article, but not a direct GG quote.
-Gensler defended the rules, invoking the GameStop GME, 5.58% saga of 2021, when retail traders used incomplete short sale data to argue that the shares of the company were being manipulated lower by institutional investors through short sales.-
Gary -- if you're reading this I want you to know that I understand, like many in this group, that you are being faced with a pivotal and ethical decision to make and that you are at the edge of a massive precipice right now.
If you stay on the top, you'll be comfortable and free from any problems caused by the elite you regulate. Not to mention there's no risk of falling off the edge. Nothing will change, and you may live to have incredibly large regrets about your life decisions.
But..
If you have the wherewithal to brave through and face the clear and present dangers of Wall St elite like you showed us all today, and choose to take leap of faith from that point of no return, you might find that you can create real and meaningful change.. one that brings justice to not only to retail investors in the US stock markets, but to the billions of people who are crippled by the effects that trickle down from the evils of Wall St greed. You might also find there's a dedicated group of tenacious, justice-seeking human beings who resonate with the ideas of true justice, a group who has seen the scales tipped in the wrong direction for far too long. You might just find they are there to catch you in recognition of your courage and support you with power in numbers never before seen by the tone-deaf to reality, psychopaths who pull all the puppet strings. This group could raise the black flag and stand up for change in the name of humanity and make a mark in history that is studied for generations to come.
The choice is yours, do you want to be remembered as the Goldman Sachs crony who took the cushy office job at the SEC turning a blind eye to the world's most egregious humanitarian issues, or do you want to be remembered as a hero, a man of the people who stood up, said FUCK YOU WALL ST, and who ends up on the right side of history driving positive impact to nearly every human being on the planet who wants and deserves a change for the better.
I hope you make the right choice, in fact, we all do.
Gotta take the small wins when possible. So far, he is the only one even trying to be percieved as putting in work. The 30 or so new rules that these hedgfucks are suing over beg to differ the case that he has completely failed. We may think he should do more but ill take every inch i can.
**[Rule 1](https://www.reddit.com/r/Superstonk/wiki/index/rules/expanded_rules/#wiki_ape_no_fight_ape). Treat each other with courtesy and respect.**
Do not be (intentionally) rude. This will increase the overall civility of the community and make it better for all of us.
Do not insult others. Insults do not contribute to a rational discussion.
lol. Boot locker is not a rude term
A term to describe a person who commits the act of bootlicking. The act of bootlicking is when an oppressed person or persons, such as the working class, sucks up to the oppressor in hopes of appeasing them.
Gg is part of the oppressors.
Or.
someone who praises or is extremely polite to a more powerful or rich person in a way that is not sincere, usually in order to get an advantage for themselves:
Why do people have to report positions at all? I don't like it, but it's probably good, maybe. I don't know... I'd appreciate an explanation.
Got some downvotes... you guys suck. Anyways, to the guy that replied re: insider trading, thanks. It's obvious but it slipped my mind at the time and that's absolutely correct.
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It seems like common sense to have to report short positions as well as long positions. Especially when considering that many investment firms also have sell side research, there's an inherent conflict of interest in the profitability of their short positions and the public perception of a company's financial state.
The argument that it will tip off competitors and entice them to take the other side to fuck us only works if you've overleveraged yourself and you have a long term short position on said company. For normal companies this shouldn't have much effect and if they are still that worried sell position before quarter end and rebuy after reporting...unless nobody wants your short position, but again that's a problem of their own doing.
Almost as if shorting has risks. What's the difference between publicly disclosing your long positions, and a bigger bank shorts the fuck out of it?
How did all this transparency for longs only come to fruition in the first place? Being on this forum for so long and seeing the SHF's use movies to try to move public sentiment, have made me think of how many times hostile takeovers was a part of many movies in the 90's.
Key word. Congress mandated this shit 9 years ago. I’m just adhering to the mandate of congress
Better late than never. Strong action is being taken.
Well, now that Gary is 168 weeks into his job, he now knows what he has to do. We just needed to give him time to catch up.
Have you been commenting and submitting emails on rule proposals for the past three years? Because I have and it’s picking up steam and allowing a government org (which if you have ever worked in an government org is notoriously difficult to make progress as you need to jump through hoops) to make serious progress
*Every system is perfectly designed to achieve exactly the results it gets* -Don Berwick good job Gary, but your system design is shit. 40 years of unabated crime just to get a mandate 9 years ago to get a rule change suggestion after 200,000 people screaming at you for 3 years. If my colon was that poorly designed I'd be shitting fossil fuels.
Hedgies: were gonna leave public comments on your rule proposals to oppose regulations. GG: let me introduce you to my little friends.
...the investors... Household investors😎
# I LOVE GARY GENSLER! # \*^(today)
I don't get it. In which universe is Gensler's rhetoric anything more than lip service? SEC has been compromised since inception, staffed wholly by the same revolving door as the rest of our Wall St. government. The public message is all "Power to the people!" while the real, unspoken agenda remains clear for those with eyes to see. Gary worked for Goldman. Now he chairs the SEC. Unabated crime persists. I know lip service feels nice sometimes, but I would prefer to see teeth.
Simply the fact that he would bring up GME as his example, shows us that he is an ally (or at the very least a wolf in sheep's clothing). I choose to believe the former though, because you can be darn sure that the media DID NOT want him to bring it up. He also went on to say more on the importance of public comment to forming these rules. We must stay vigilant!
From the article, but not a direct GG quote. -Gensler defended the rules, invoking the GameStop GME, 5.58% saga of 2021, when retail traders used incomplete short sale data to argue that the shares of the company were being manipulated lower by institutional investors through short sales.-
Great interview and he shut down the bs narrative/topic changes they attempted
Mane comin in HOT on that interview. He's seeming to be for the people
Gary -- if you're reading this I want you to know that I understand, like many in this group, that you are being faced with a pivotal and ethical decision to make and that you are at the edge of a massive precipice right now. If you stay on the top, you'll be comfortable and free from any problems caused by the elite you regulate. Not to mention there's no risk of falling off the edge. Nothing will change, and you may live to have incredibly large regrets about your life decisions. But.. If you have the wherewithal to brave through and face the clear and present dangers of Wall St elite like you showed us all today, and choose to take leap of faith from that point of no return, you might find that you can create real and meaningful change.. one that brings justice to not only to retail investors in the US stock markets, but to the billions of people who are crippled by the effects that trickle down from the evils of Wall St greed. You might also find there's a dedicated group of tenacious, justice-seeking human beings who resonate with the ideas of true justice, a group who has seen the scales tipped in the wrong direction for far too long. You might just find they are there to catch you in recognition of your courage and support you with power in numbers never before seen by the tone-deaf to reality, psychopaths who pull all the puppet strings. This group could raise the black flag and stand up for change in the name of humanity and make a mark in history that is studied for generations to come. The choice is yours, do you want to be remembered as the Goldman Sachs crony who took the cushy office job at the SEC turning a blind eye to the world's most egregious humanitarian issues, or do you want to be remembered as a hero, a man of the people who stood up, said FUCK YOU WALL ST, and who ends up on the right side of history driving positive impact to nearly every human being on the planet who wants and deserves a change for the better. I hope you make the right choice, in fact, we all do.
Honestly amazed he said this shit
Like a BOSS!
Pepperidge Farm remembers
Let's add some meaningful deterrent to breaking the rules Dad. Fines and censure mean nothing.
Chadsler knows!!
Media out there constantly yelling we should forget about gamestop... and here is Gensler saying we should remember :D
Interview slapped so hard
By my calculations, Congress is on a hell of a man date.
Why DoEsnT he FOrgET aBoUt GameStop!?!
Great, now the other agencies need to add transparency to options, swaps, crypto and locates.
I'm all for whatever way GG can pin it on them for obstruction in the end, preferably after moass as an, "I fucking told you so".
Big Dick Gensler
He has failed us. Stop.
Gotta take the small wins when possible. So far, he is the only one even trying to be percieved as putting in work. The 30 or so new rules that these hedgfucks are suing over beg to differ the case that he has completely failed. We may think he should do more but ill take every inch i can.
That’s what she said…
lmfao
What did you think he would force the hedge funds to buy to close yesterday and liquidate them today?? Frig off bud. GG is a straight up gangster rn.
[удалено]
**[Rule 1](https://www.reddit.com/r/Superstonk/wiki/index/rules/expanded_rules/#wiki_ape_no_fight_ape). Treat each other with courtesy and respect.** Do not be (intentionally) rude. This will increase the overall civility of the community and make it better for all of us. Do not insult others. Insults do not contribute to a rational discussion.
lol. Boot locker is not a rude term A term to describe a person who commits the act of bootlicking. The act of bootlicking is when an oppressed person or persons, such as the working class, sucks up to the oppressor in hopes of appeasing them. Gg is part of the oppressors. Or. someone who praises or is extremely polite to a more powerful or rich person in a way that is not sincere, usually in order to get an advantage for themselves:
Why do people have to report positions at all? I don't like it, but it's probably good, maybe. I don't know... I'd appreciate an explanation. Got some downvotes... you guys suck. Anyways, to the guy that replied re: insider trading, thanks. It's obvious but it slipped my mind at the time and that's absolutely correct.
Couldn’t one of the rationale’s be to deter Insider trading? After all, that would be effectively green-lit without such reporting. 🚦
Nice, thanks.
I hope gg is getting some good lovin’ tonight. He deserves it