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Cascading Clearing-Firm Default Was Imminent in JAN 2021 - SEC should have froze both buying & selling; came to a settlement w/ retail victims (target stock holders), then slowly phased out the culprits w/ payback fines. Instead, the SEC chose to punish retail by non-enforcement and change nothing.
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Supply and demand please. Fuck settlement

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How? $3.6B -> $700M

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Posted
2 years ago