Apr. 21, 2022
These rules should they be implemented, completely bail out these giant overly leveraged institutions from their overly risky bets. This is the real world, they made their bed, now they get to sleep in it. You will completely destroy the market one of two ways… allowing the short squeeze on AMC, which is the lesser of two evils. Or losing the entire retail trading community from playing this stupid game and propping the US economy up. Choose wisely… wouldn’t you rather have 4 million people get more wealth to spend and make this economy boom? Or rob them if this wealth transfer and never get another 10 year bull run ever again. These two rules are absolutely unfair for a free market. If they’re able to short 100% of a stocks float. Then they’re able to lose that bad bet when they’re caught doing it. Let AMC squeeze or kill the economy.