Florian Schwerbrock Comment On Regulatory Notice 21-19
Florian Schwerbrock
Lee & Schwerbrock
For far too long the stock market has been tilted/manipulated in favor of Wall Street. The issue is naked short selling. Despite being made illegal after the 2008–2009 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems. More often than you think great companies such as Clover Health. Clover Health was shorted by 64 Million via the dark pool. https://www.stockgrid.io/darkpools/CLOV Investments are pulverized into the ground due to hedge funds and their illicit tactics yet the SEC does nothing. This is not just about the referenced stock, but the broader market in general is threatened, market manipulation that can damage companies that could potentially change the world for the better. The free and open market is at stake. Today we take a stand against illegal shorting.
Florian Schwerbrock Comment On Regulatory Notice 21-19
For far too long the stock market has been tilted/manipulated in favor of Wall Street. The issue is naked short selling. Despite being made illegal after the 2008–2009 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems. More often than you think great companies such as Clover Health. Clover Health was shorted by 64 Million via the dark pool. https://www.stockgrid.io/darkpools/CLOV Investments are pulverized into the ground due to hedge funds and their illicit tactics yet the SEC does nothing. This is not just about the referenced stock, but the broader market in general is threatened, market manipulation that can damage companies that could potentially change the world for the better. The free and open market is at stake. Today we take a stand against illegal shorting.