May. 07, 2021
I am an individual investor which has witnessed countless instances of manipulations with ticker $AMC. From neutral buy orders to naked shorting and synthetic shares. During testimony yesterday, I caught a bit of audio mentioning the DTCC waived the Margin Call amounts for brokers back in January. Where I'm going with this is there has been a history of non-enforcement for rules, cozy relationships and "slaps on the hand" in the form of small fines that are accounted for as a cost of doing business, and the pushing back of this very important rule is suspicious and ensures retail investors will continue to lose trust in the market and it's regulatory bodies if those responsible for defrauding retail investors are not punished. Kicking the can down the road will only make matters worse. We need transparency and accountability and sooner than June 21st. Kris Kubasta