Joseph Mitchell Comment On Regulatory Notice 21-19
Joseph Mitchell
none
We really need robust oversight if we are going to allow these reckless gamblers making the very markets. Selling something that doesn't exist. Creating fraudulent property. selling the same property to multiple investors. Shorting stocks that don't exist. Selling stocks that don't exist. This damages the faith of the people that markets are fair and safe. This hurts people. We have this opportunity to show transparency and good faith before irreparable damage, revolt and foreign investors losing faith in our markets. If we ensure violators are jailed meaningful durations and fortunes forfeited we make examples that our constitution still has teeth and that no person is above the law.
Joseph Mitchell Comment On Regulatory Notice 21-19
We really need robust oversight if we are going to allow these reckless gamblers making the very markets. Selling something that doesn't exist. Creating fraudulent property. selling the same property to multiple investors. Shorting stocks that don't exist. Selling stocks that don't exist. This damages the faith of the people that markets are fair and safe. This hurts people. We have this opportunity to show transparency and good faith before irreparable damage, revolt and foreign investors losing faith in our markets. If we ensure violators are jailed meaningful durations and fortunes forfeited we make examples that our constitution still has teeth and that no person is above the law.