Oct. 29, 2022
October 29, 2022 It is incredibly shocking how the vast majority of people are not aware that securities they \"own\" are being lent out, without consent, to other players who use these securities to their benefit and not of those who actually bought the securities in the first place. They allow the shares to get reciprocated which creates a fake supply of shares directly affecting retail investors investments. The whole time the retail client whos shares are being lent out receive no compensation for any of it. It is completely wrong and should not be allowed in any circumstance, \"liquidity\" should not be an excuse. If a firm or entity needs the shares so bad they should be obligated to buy them on the open market like any functioning market would. This would directly benefit shareholders of that said security. We NEED more transparency in every corner of our market. Let's start here.