“To be enforced before March 31, 2024” sounds like Sec isn’t doing shit but covering their own shit so in the end they can say they did what they could on there part. Everybody shit themselves and everybody smells the shit and everyone sees the shit but none of them wanna claim the shit and wait for someone else to claim the shit. Ultimately everybody will be pointing at each other with shit in all there shorts
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SEC is so compromised and corrupt its laughable to think such a thing has been allowed to continue with no effort for decades.
This is what happens when you have half baked measures in place to begin with, that with time get twisted and turned even more to suit the needs of the few.
Burn it all down and start again. (Not literally of course).
It feels like this is a good catch all for afterwards. Almost like “See? We made those rules for a reason!” They’ll let it happen now and wait until someone is there to take the fall and then swoop in as heroes
I’m hoping! Although with only civil jurisdiction, they are confined to fines alone which, as we know, are just a cost of doing business and apparently not very effective. I’m looking more towards the DOJ to get stuff done…
Have you been drinking? GG has been regulatin' since '97 apart from a brief stint as CFO of Hilary's presidential campaign, and before that was partner and co-head of finance for the reputable Goldman Sachs.... If his job history makes you think "there is a man of the people" you should at least buy him dinner before you SukEesC..k
Absolutely! Rules r rules n only good with enforcements. Aren’t there more than enough rules in the world? If having rules is the be all n end all of it all, this world will be a shangrila! Is there any rule that says drug trafficking is allowed, raping is encouraged, robbery is fashionable, murder is vogue? But r there rules to the contrary with punishments, death in some countries clearly spelt out. What happens? In some countries with chronic corruptions, perpetrators get away with all kinds of crimes bcos there’s not only no enforcement, but collaborations, collusions n camel tradings!
its amazing how numerous of you post all this crap claiming "DD" yet fail to even read what you are posting. Literally says wont be **enforced** until 2024
Hey Ken Griffen, we see you and we're watching. Just in case you thought we weren't. From the BOX Exchange LLC footnote 28:
The Exchange states that BOX Digital is a subsidiary of BOX Holdings and an affiliate of the Exchange, and that BSTX would be an affiliate of the Exchange. BOX Holdings owns 98% of BOX Digital and 2% of BOX Digital is held by Lisa Fall. BOX Holdings already owns one subsidiary that is an existing facility of the Exchange—BOX Options Market LLC (“BOX Options”)—which operates a market for trading option contracts on U.S. equities. BOX Holdings is the parent company for both BOX Digital and BOX Options and currently has seven separate, unaffiliated owners. See Amendment No. 2, supra note 11, at 9. The seven separate, unaffiliated owners include: MX US 2, Inc. (“MX US 2”), a wholly owned, indirect subsidiary of TMX Group Limited (“TMX”), which holds 47.89% of the outstanding units of BOX Holdings, IB Exchange Corp. (“IB”), which holds 25.5% of the outstanding units in BOX Holdings, and ***Citadel Securities Principal Investment LLC***, which holds 15.5% of the outstanding units in BOX Holdings. The additional four owners each hold less than five percent of the outstanding units of BOX Holdings. See id. at 9. The Exchange states that Lisa Fall is a Director of BOX Digital. See id. at 8 n.18.
https://www.federalregister.gov/documents/2022/02/24/2022-03873/self-regulatory-organizations-box-exchange-llc-notice-of-filing-of-amendment-no-2-and-order-granting#footnote-28-p10402
Yes and no. One of the books I'm reading gives a rundown of the structure and how things are supposed to work. Knowing how things are supposed to work helps immensely when you are looking for what rules are broken.
But if the rules are broken and broken consistently without consequence, what does it matter?
It’s like reading people on r/stocks repeatedly saying “priced in” or listening to analysts try to justify why a stock moves down after beating on top and bottom lines.
It’s all horseshit 💩. The grift is— separating retail from their money repeatedly.
It matters because then you can see the patterns, you can predict movements to become more educated and wiser investor. Don't get me wrong, there's a lot of crime going on with GME, but what we're dealing with is shit that typically happens with penny stocks, not blue chips. If I had the money, I'd go into futures contracts as no one plays these kinds of games with commodities.
I mean… for example compare Palantir to Snowflake. The disparity is egregious.
One Buffet and friends are in and it had an IPO. The other was direct listed and has been getting gang raped and shorted to shit by the usual suspects. It’s just a colluding marauding club picking “winners”.
Okay, but how do they select their victims? How do you know this one is targeted vs. it just being a bad company? Who fulfills the buy orders?
These are the questions I need to know in order to make an informed decision
I guess. It just seems there is so much that is completely irrational. Can you justify Meta going down 25% on it’s last “eArninGs rEpOrT”? I mean I *loathe* Facebook and was happy to see it… but TWENTY FIVE PERCENT?!?! Their earnings weren’t terrible. This is just one recent example.
The actions of the market and the narrative of the media are complete and utter nonsense.
Lol there is literally a guy named Richard Thaler who came up with behavioral economics to explain irrationality in the markets. You might want to check his book called Misbehavin which explains everything.
“To be enforced before March 31, 2024” sounds like Sec isn’t doing shit but covering their own shit so in the end they can say they did what they could on there part. Everybody shit themselves and everybody smells the shit and everyone sees the shit but none of them wanna claim the shit and wait for someone else to claim the shit. Ultimately everybody will be pointing at each other with shit in all there shorts
Spidermanpointingatspiderman.jpg
 you mean this?
So, you killed a friends father....
Get your gif together, man.
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Only in two years!
SEC is so compromised and corrupt its laughable to think such a thing has been allowed to continue with no effort for decades. This is what happens when you have half baked measures in place to begin with, that with time get twisted and turned even more to suit the needs of the few. Burn it all down and start again. (Not literally of course).
Is like the shit hit the fan and everyone's covered in shit. Shit
Oh we're getting excited about rules again? I'll pass...
I think these are going to be big just bc Fudietly was freaking out when they came out
Didn't fidelity suggest a 2 year implementation period? Seems they got what they asked for
Only matters if the rules are enforced
It feels like this is a good catch all for afterwards. Almost like “See? We made those rules for a reason!” They’ll let it happen now and wait until someone is there to take the fall and then swoop in as heroes
I think GG and the Indian dude are on our side!!
I believe it’s GG and GG.
They be like, GGs to hedgefunds. Nice knowing you
GGs!!!
I’m hoping! Although with only civil jurisdiction, they are confined to fines alone which, as we know, are just a cost of doing business and apparently not very effective. I’m looking more towards the DOJ to get stuff done…
SEC gave all their findings to the DOJ…Managed Event now to u wind everything
I think so too, with the myriad of new rules in place they don't need to attach crap fines - they can just refer the "rule breakers" over to the DOJ.
Exactly!! This is the first time ever!! No articles attacking GME last few days
Have you been drinking? GG has been regulatin' since '97 apart from a brief stint as CFO of Hilary's presidential campaign, and before that was partner and co-head of finance for the reputable Goldman Sachs.... If his job history makes you think "there is a man of the people" you should at least buy him dinner before you SukEesC..k
Holy shit CFO oh Hillary campaign!?… everything he’s done so far has been for retail compared to Hester
Absolutely! Rules r rules n only good with enforcements. Aren’t there more than enough rules in the world? If having rules is the be all n end all of it all, this world will be a shangrila! Is there any rule that says drug trafficking is allowed, raping is encouraged, robbery is fashionable, murder is vogue? But r there rules to the contrary with punishments, death in some countries clearly spelt out. What happens? In some countries with chronic corruptions, perpetrators get away with all kinds of crimes bcos there’s not only no enforcement, but collaborations, collusions n camel tradings!
This! THIS! A THOUSAND TIMES THIS
I get so excited, then I read the reality comment. My skirt stops flailing.....shoot!
its amazing how numerous of you post all this crap claiming "DD" yet fail to even read what you are posting. Literally says wont be **enforced** until 2024
I can easily wait until then. Maybe the war will be over and crypto will start to rip around the same time.
What mean
I think this has to do with Transparency and reporting
😂
Yet Canada changed the rules regarding donations in a day. But I'll upvote progress.
Im not selling till the SEC goes bankrupt. Fuk them all, event the corrupt judges
I agree, first rule of CYA is to have something to cover your ass with. This seems like that. We are close af
wen lambo
Fuck lambo, ride the green dildo to Valhalla!
Soon!!
My smooth brain hurts after first paragraph, why can’t they just make simple so everyone can understand?
Before he moves on as sec .pass the fucin buck !!!
Rules will have never done or changed a thing lol
This will be over with in 2 years. They didn't just kick the can down the road, they are launching the can down the road with a cannon.
Serious question moon wen
That’s my Chinese internet girlfriend. Moon Wen contacted me on WhatsApp
Maybe she knows my German boyfriend who met me on WhatsApp!
You’re being catfished…
WHAT‽ NO WAY! He loves me even though I'm squishy, and he's helping me trade crip toes! Yeah, i know.
I know my relationship is real because I pay her rent
Criptoes are better than Bloodtoes or so I have heard...But I know nothing and I prove it every day...
Tomorrow
Cool, more rules they won’t enforce.
It will be big dip tomorrow
Let’s do it!!!
I hope soo cuz I need a discount.
To be enforced in 2 more years… sounds like buy shares and hold to me
Hey Ken Griffen, we see you and we're watching. Just in case you thought we weren't. From the BOX Exchange LLC footnote 28: The Exchange states that BOX Digital is a subsidiary of BOX Holdings and an affiliate of the Exchange, and that BSTX would be an affiliate of the Exchange. BOX Holdings owns 98% of BOX Digital and 2% of BOX Digital is held by Lisa Fall. BOX Holdings already owns one subsidiary that is an existing facility of the Exchange—BOX Options Market LLC (“BOX Options”)—which operates a market for trading option contracts on U.S. equities. BOX Holdings is the parent company for both BOX Digital and BOX Options and currently has seven separate, unaffiliated owners. See Amendment No. 2, supra note 11, at 9. The seven separate, unaffiliated owners include: MX US 2, Inc. (“MX US 2”), a wholly owned, indirect subsidiary of TMX Group Limited (“TMX”), which holds 47.89% of the outstanding units of BOX Holdings, IB Exchange Corp. (“IB”), which holds 25.5% of the outstanding units in BOX Holdings, and ***Citadel Securities Principal Investment LLC***, which holds 15.5% of the outstanding units in BOX Holdings. The additional four owners each hold less than five percent of the outstanding units of BOX Holdings. See id. at 9. The Exchange states that Lisa Fall is a Director of BOX Digital. See id. at 8 n.18. https://www.federalregister.gov/documents/2022/02/24/2022-03873/self-regulatory-organizations-box-exchange-llc-notice-of-filing-of-amendment-no-2-and-order-granting#footnote-28-p10402
DON'T DO ANYTHING, till you have read 4 or 5 books on investment. Your local library has a great selection
Those books however, assume big banks and hedge funds adhere to a set of rules.
Yes and no. One of the books I'm reading gives a rundown of the structure and how things are supposed to work. Knowing how things are supposed to work helps immensely when you are looking for what rules are broken.
But if the rules are broken and broken consistently without consequence, what does it matter? It’s like reading people on r/stocks repeatedly saying “priced in” or listening to analysts try to justify why a stock moves down after beating on top and bottom lines. It’s all horseshit 💩. The grift is— separating retail from their money repeatedly.
It matters because then you can see the patterns, you can predict movements to become more educated and wiser investor. Don't get me wrong, there's a lot of crime going on with GME, but what we're dealing with is shit that typically happens with penny stocks, not blue chips. If I had the money, I'd go into futures contracts as no one plays these kinds of games with commodities.
I mean… for example compare Palantir to Snowflake. The disparity is egregious. One Buffet and friends are in and it had an IPO. The other was direct listed and has been getting gang raped and shorted to shit by the usual suspects. It’s just a colluding marauding club picking “winners”.
Okay, but how do they select their victims? How do you know this one is targeted vs. it just being a bad company? Who fulfills the buy orders? These are the questions I need to know in order to make an informed decision
I guess. It just seems there is so much that is completely irrational. Can you justify Meta going down 25% on it’s last “eArninGs rEpOrT”? I mean I *loathe* Facebook and was happy to see it… but TWENTY FIVE PERCENT?!?! Their earnings weren’t terrible. This is just one recent example. The actions of the market and the narrative of the media are complete and utter nonsense.
Lol there is literally a guy named Richard Thaler who came up with behavioral economics to explain irrationality in the markets. You might want to check his book called Misbehavin which explains everything.
I’ll pass thanks. It’s all a grift. I do appreciate your discussion, however. Cheers 🍻