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Re: skichic post# 35467

Friday, 11/09/2018 7:03:58 PM

Friday, November 09, 2018 7:03:58 PM

Post# of 70585
Laws changed a few years back and it was not in our favor. Disclosure is actually less than it use to be. There are new laws being worked on by the current administration that are requiring much more transparency. The previous administration favored control over transparency although the control and limitations they put in place did little to protect an actual shareholder. It did however make it easier to leverage and make more money for market makers and institutional investors. I wouldnt worry too much about it other than to understand how the market actually functions and how your money/investment is really not secured as many might believe. At one point they could even leverage your entire account at a multiple, including funds you had "on deposit" to purchase securities! Now its more difficult for them to leverage although its still done through a different mechanism at a smaller leverage multiple.