AMC Entertainment Holdings Inc (AMC)

[deathstarr]

Gary Gensler, the former chairman of the CTFC (Commodities Trading Futures Commission) is currently in the process of being appointed the SEC chairman. Currently, the senate banking committee has approved Gensler at a 14-10 vote (https://www.investmentnews.com/senate-banking-committee-approves-gensler-nomination-203813 , https://www.c-span.org/video/?509429-1/sec-chair-cfpb-director-confirmation-hearing ), and he will be voted on by the senate proper in a weeks time on April 12th (https://www.thinkadvisor.com/2021/03/31/schwab-expects-activist-sec-under-gensler-senate-sets-confirmation-vote-date/ ). He is expected to have bipartisan support and be sworn in as the new SEC chairman. Gary Gensler is extraordinarily hated by Wall Street for a couple of reasons, the main reason is he is a hardnosed regulator interested in the transparency of the market place and democratizing market place information in favor of the little guy (https://www.c-span.org/video/?304711-1/financial-regulations-consumer-protection ). This fundamentally goes against the closed country club nature of Wall Street; this was shown by the enforcement of the Dodd-Frank act (https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act , https://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp ).

https://ddextension68.blogspot.com/2021/04/dance-of-darkness-sec-and-darkpools.html