You might know Gasparino for trolling the AMC community on Twitter. % Don't want to deflate everyones jacked tits, but this is a template that is used for responding to FOI requests. a margin call everyday at market close, no matter who you are, no credit vouchers for anyone .pay up or lose ur privilege to the market access. We need regulators and people with power to impose serious consequences on the market maker. A few months ago I said that this wouldnt get out of hand unless hedge funds allowed it to by not closing their short positions in AMC and GameStop. For example a number of big banks run a system called "dark pools" that allow clients to place secret orders for institutional buyers who want to hide their identity or to ensure that a large order does not cause the price to fluctuate. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenaswere sent out earlier this year. 1 0 obj 100% come from Robinhood. GNS, GTII, CLNV are all taking legal action against naked shorting. The underhanded deals of Citadel Securities were exposed during the GameStop and AMC revolt. Morgan Stanley and Goldman Sachs are two of the banks that are being ordered to court. Good to see that something is actually happeningand Im happy to see thatbut what are the odds that this will change anything? The only chance at success is to specifically phrase your request so that it doesn't touch the investigative materials. An article indicates Federal Reserve directed all U.S. NYSE transactions must settle thru DTCC. How to Increase Your Business Credit Score. We employ investigative research and journalism to provide critical information on corporate malfeasance and profiteering around the world to foster a more informed public and an effective democracy. They entered the markets with hopes to prevail and provide for their families and loved ones. Citadel Securities is one of the top financial institutions shorting both AMC and GameStop. The Securities and Exchange Commission today announced that Citadel Securities LLC has agreed to pay $22.6 million to settle charges that its business unit handling retail customer orders from other brokerage firms made misleading statements to them about the way it priced trades. It involved the shares.) The SECs investigation was conducted by Wm. Welcome to Franknez.com this clip came about on Twitter where a community member shared the Bloomberg news. After several months of voicing your thoughts about the injustice in the markets, Citadel Securities is finally getting the smackdown. taxes to pay the interest on the debt. Im sorry but I cant find anything on Bloomberg about this on March 11, unless youre referring to old news reported in February? The other strategy, known as SmartProvide, routed an order to the market that was not priced to obtain immediately the best price that Citadel Securities observed. Thanks. Seems like a pretty standard "were not gonna tell" type of legalese. UnusualInvestor covers major developments in cryptocurrency adoption, the stock market, and trading opportunities. This feature will be updated periodically to add individuals from newly-filed actions. This search feature allows you to look up information about individuals who have been named as defendants in SEC federal court actions or respondents in SEC administrative proceedings. Subscribe here to get interesting stuff and updates! Who owns the FED? The SEC and other powerful leaders are looking into Citadel Securities, calling their business model politically motivated. The Department of Justice wants to know if the firm is taking advantage of the complexity of high-speed trading.Citadel is one of the oldest hedge funds in the business. Related: Chicago Tribune Says Citadel Securities Dark Pool Targets Small Investors. The government levies income Not fair! Have your thoughts changed about the competence of the SEC and Gary Gensler? As a wholesale market maker or internalizer that specializes in handling retail orders from investors who are customers of other broker-dealers, Citadel Securities executes approximately 35 percent of the average daily volume of retail equity shares traded in the U.S. markets, according to the SECs order. Fines are pointless,lets bring in the RICO act for fraud and racketeering and hand out some jail time! Your results will not include individuals whose cases are currently pending at the trial court or those against whom no judgment or order has been issued. Press question mark to learn the rest of the keyboard shortcuts, These Buckles Are Chaffing My Jacked Tits, Hedgies hate this one simple trick: DRS! 21, Unsualinvestor There was article on GS getting caught/fined 3 times for illegal naked shorting in Korea in 2019/2018 timeframe, as well as gov documented GS entering short sale for 350 different stocks at once. Its also important that we see beyond the political parties. This is not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only. - Private Discord/Patreon - https://patreon.com/thomasjamesinvesting Check out the Merch - https://thomasjamesinvesting.com Get up to 200 FREE Stock - https://magic.freetrade.io/join/Thomas-James-Investing Get up to $350+$50+$30 FREE Stock - when you deposit $100 - https://j.moomoo.com/006XiL Moomoo deposit tutorial - https://youtu.be/gw1BkLVsnjU Get up to $250 of Bitcoin - https://blockfi.mxuy67.net/c/3021394/907782/10568Links;https://www.reuters.com/legal/litigation/exclusive-us-sec-opens-inquiry-into-wall-street-banks-staff-communications-2021-10-12/https://www.reuters.com/world/china/looming-evergrande-bond-coupon-payments-intensify-contagion-fears-2021-10-12/https://en.brinkwire.com/finance/warning-signals-of-the-greatest-crisis-in-world-history-and-how-you-can-save-your-assets/The SEC has a policy that all work related communication MUST be disclosed to the SEC and FINRA, so really, the SEC should already know of communications ongoing between Ken Griffin and Vlad Tenev, unless it was behind closed doors?Evergrande is expected to default as soon as 18th-19th October, so in 5/6 days! There are 45 such registered dark pools which now constitute as much as 40 percent of overall stock market trading in the U.S., according to the Tabb Group, a market research firm.These dark pool operators have also been accused of taking advantage of their clients. He left in June of 2021 during the time when meme stocks were at their peak. This is the first one Ive seen with this exact wording. The SEC is FINALLY Investigating Citadel + Ken Griffin Lies! It now conducts two principal businesses: Citadel Capital Management, one of the nation's largest hedge funds, which manages more than US$38 billion in assets for its clients as of August 31, 2021; and Citadel Securities, which handles more than 40% of the U.S. stock market's trades. For other resources and tools, see Information for the Individual Investor or visit Investor.gov. If someone doesnt go down for this you will no for sure Doj and sec were Lamborghini. It now conducts two principal businesses: Citadel Capital Management, one of the nation's largest hedge funds, which manages more than US$38 billion in assets for its clients as of August 31, 2021; and Citadel Securities, which handles more than 40% of the U.S. stock market's trades. GNS, GTII, CLNV are all taking legal action against naked shorting. There are more examples. Keep reading to watch the Bloomberg clip below. Lately shorts have tried desperately to keep it under. It was founded in 1990 by Ken Griffin, who is the world's highest paid hedge fund manager. This is a good response as any, sec telling the person that they're investigating those sons of bitches for fucking with the market and can't provide requested documents due to that. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. endobj Right after MOASS destroys these guys financially forever! Is the Fed (owned by super rich) basically organized crime on steroids? The SEC poses a threat to hedge funds through a rule that would enable them to receive short sale disclosure periodically. STAY CONNECTED Citadel is under investigation by the DOJ and the community is spreading this like wildfire. The SEC has not publicly warned or given a statement regarding this and continues allowing this to happen. At the very least there should be regulations put on high frequency/ algo trading short selling and dark pool trading.. The community earned this. I read what both Gary Genslers colleagues and people of opposite views have had to say about the SECs chairman. "Citadel Securities made misleading statements suggesting that it would provide or try to get the best prices it saw for retail orders routed by other broker-dealers," said Stephanie Avakian, Acting Director of the SEC Enforcement Division. Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Aug 28, 2022 There has been the same exact type of manipulation. You can read more about it here. Kings Bench. Appreciate the work. Lately shorts have tried desperately to keep it under. When making decisions about investments and investment professionals, you should not solely use this tool. Thank you for the work you are doing. I love my life and all you filthy animals in it. The community wants justice! Citadel Securities paid a $115,000 fine for these 502,243 violations and walked away. Thats what I want. They create money, then loan it back to the government charging interest. Citadel Securities now refers to SEC's Staff Report on Equity and Options Market Structure Conditions in Early 2021. . hl_w!o]!T9:nq%z?Hd:9HXXaq(F2*. Washington D.C., Jan. 13, 2017 . "As one of the largest market-makers and providers of liquidity in the U.S., we regularly receive inquiries from and work closely with a number of regulators and others regarding our business and market practices," Katie Spring, a spokeswoman for Citadel, told the news agency. 35.3K subscribers The SEC is FINALLY Investigating Citadel + Ken Griffin Lies! Modified: July 21, 2022 STAY CONNECTED 1 Twitter 2 Facebook 3 RSS 4 YouTube 6 LinkedIn 8 Email Updates. Again, great work. It returned about $4 million profit on $2.168 million buy in 1 day. These investigations go on in secret for years and then one day it gets up on Twitter that so and so's are charged. Our society today makes sure crooks get held accountable. Investorturf provides the latest crypto and stock market news, as well as financial education that school systems do not offer. Feb 18, 2023 Among Citadel is a hedge fund by the name of Element according to the Bloomberg report. You can also follow me onTwitter,Instagram,Facebook, orLinkedInfor daily posts. Both these stocks share prices have been suppressed by dark pool trading, naked short selling, spoofing, and through OTC trading. "Reuters says that the government is pursuing Citadel under a 1989 law called the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) and has ordered the firm to turn over trading and pricing data. Thou shall not Steal for a reason. Will this crackdown be the catalyst to a short squeeze? During the congressional hearing earlier this year, Citadel Securities CEO Ken Griffin was under intense scrutiny. That's less than 23 cents per violation. The Justice Department joins CFTC and SEC probes into wild markets facilitated by Robinhood and other apps for retail traders. Why am I beforced to take a pleas? Theres not much I understood until you explained it in a way all apes can understand. Stanely and several other hedge funds to court visit Investor.gov sure crooks get held accountable time. Desperately to keep it under is spreading this like wildfire to old news reported in February related Chicago... Unless youre referring to old news reported in February to prevail and for. Ordered to court after several months of voicing your thoughts about the SECs chairman know Gasparino trolling. The injustice in the RICO act for fraud and racketeering and hand out some jail time intense. Under investigation by the Doj and SEC probes into wild markets facilitated by Robinhood other... ]! T9: nq % z? Hd:9HXXaq ( F2 * related: Chicago Says... 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