February 7, 2022
It seems ridiculous that this does not already apply to SBS.
A companies performance should be the primary driver of equity valuation. Not market makers, prime brokers and financial services providers deciding what the value should be in order to benefit themselves and their partners the most.
Investors have long been told that trading with insider non-public information is against the law. That is because access to information is an extreme advantage.
Hiding information in SBS that should be public effectively has pushed the balance of power even further away from retail investors.
Honest investing is almost pointless if the market structure legally allows fraud.