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Friday, April 21, 2023 10:23:27 AM
Professional traders aren’t paying the same fees and under the same constraints as retail traders and their platforms. Prop traders are highly regulated and pay fractions of a share per trade. That is an undeniable fact.
Somebody is shorting these pink sheet stocks. The volume is evident. Using failure to deliver is like saying if the criminal isn’t caught in the act, the robbery didn’t happen. (SMH)
https://www.otcshortreport.com/company/ASTA
The existence of unlawful naked shorts is a fact. This issue isn’t fading away, it is becoming increasingly obvious to lawmakers that it needs to be stopped.
FINRA, DTCC and OTCMG are private companies and they police themselves and report to the Securities and Exchange Commission. Congress broke up Ma’Bell for a reason. It was too big to fail and too self indulgent to police itself.
Brokerages such as Alpine are in the news for unlawful behavior for a reason. It isn’t speculation. Smart contracts are coming and long overdue.
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