This has all the hallmarks of market manipulation similar to what was seen during the Bush Administration in 2008. This type of manipulation wouldn't be necessary but for the incredibly loose monetary policy and failure to properly regulate IPOs, and especially SPACs, that seemed designed to take money from retail investors and give it to insiders. You can't possibly be worried about losses on leveraged short positions when it's so easy to lose 50% or more in a short time in DASH, BTTC, PTON, NFLX, FB, CVNA, and the list goes on and on. Why do you only step in and regulate once the disaster has been created?
Ryan Schaap Comment On Regulatory Notice 22-08
This has all the hallmarks of market manipulation similar to what was seen during the Bush Administration in 2008. This type of manipulation wouldn't be necessary but for the incredibly loose monetary policy and failure to properly regulate IPOs, and especially SPACs, that seemed designed to take money from retail investors and give it to insiders. You can't possibly be worried about losses on leveraged short positions when it's so easy to lose 50% or more in a short time in DASH, BTTC, PTON, NFLX, FB, CVNA, and the list goes on and on. Why do you only step in and regulate once the disaster has been created?