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Replies to post #399858 on Fannie Mae-No Politics (FNMA)
03/29/17 1:16 PM
FINRA is a private self regulating corporation funded by the main wallstreet players. Since the legislation authorizing the creation of these self regulating private companies or SROs as they are referred to (FINRA and the DTCC) our government has effectively abdicated its responsibility to actively regulate the markets in the US. Seeking instead a model largely based on self regulation. Pathetic state of affairs we have in the US. Federal Reserve is owned by the very private banks it is supposed to regulate and the stock market is regulated by the very companies who do the trading. We are all suckers.
Whoa! How does that happen? Trades go off at 2.64 but sandwiched in between is a sale at 2.55 (at 13:01). NOW after that, we are trending down into red. After spending the morning in green, we're gonna send the afternoon red? C'mon man!
AI
