Unfortunately the SEC isn't moving against toxic financiers and floorless PIPES deals.
Isn't that the real problem here? Without those exemptions, the problem wouldn't even exist. Yeah, we'd have less "liquidity", but I think I'd rather have larger spreads, than trillions of dollars in counterfeit "goop" floating around our markets.
This is where the true problem lies and you know it. The hedgefunds and PIPEers are merely opportunists in a broken system.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.