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Alias Born | 05/19/2015 |
Friday, October 30, 2020 9:23:58 AM
As they use there privileged market making rules they they have learned how to bend and break there privileged MM rules by passing the buck between each other before they get caught.
All anyone has to do is look at how many GCAN shares have traded and with such a low O/S it is easy to detect crooked mm’s activities.
Maybe Finra will Pop them with some jail time since big fines want stop them.
https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
https://www.finra.org/media-center/news-releases/2019/finra-fines-cantor-fitzgerald-2-million-regulation-sho-violations-and
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