InvestorsHub Logo
Followers 233
Posts 26887
Boards Moderated 0
Alias Born 01/12/2013

Re: None

Tuesday, 05/04/2021 1:03:19 PM

Tuesday, May 04, 2021 1:03:19 PM

Post# of 143595
Re: AMC changing meeting time & The end of Citadel
If AMC doesn’t have an accurate tally of “issued”*** shares IMO they MUST delay business....I believe this is the primary reason why the meeting HAD to be delayed.

I’m curious if we will learn more about this at Thursday’s earnings call...I hope so or stock will be massively manipulated down as we wait for the SEC to get off their butts.

Congressional Hearing witness are heads of SEC, DTC and FINRA.

• The Honorable Gary Gensler, Chairman, U.S. Securities and Exchange Commission
• Michael Bodson, President and Chief Executive Officer, the Depository Trust & Clearing
Corporation
• Robert Cook, President and Chief Executive Officer, Financial Industry Regulatory
Authority, Inc.



Also mentioned is the opinion and degree to which Citadel poses to the US financial system. There is a very real chance US Congress will decide to end Citadel IMO. Read memo: https://www.congress.gov/117/meeting/house/112590/documents/HHRG-117-BA00-20210506-SD002.pdf


For example, Citadel LLC is a multi-service hedge fund and financial services company and Citadel Securities LLC, is one of the largest market makers and, according to its website, executes “approximately 47% of all U.S.-listed retail volume.”34 Citadel Securities also, reportedly, handles almost as much trading volume as Nasdaq.35 Further, Citadel Securities along with market maker Virtu Financial, “account for more of the overall equity market than the New York Stock Exchange.”36 With respect to Citadel, some have raised concerns about a single market maker managing such a large volume of retail order flow, and what that means in terms of pricing.37 Others have questioned whether Citadel has such dominance in our financial markets that it poses a systemic risk to the entire U.S. financial system.38




https://www.congress.gov/event/117th-congress/house-event/112590?s=2&r=9

***Synthetic or FRAUDULENT shares must be recalled by DTC!


If you're not good at being yourself, then maybe that's being yourself!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMC News