I think people are missing what's happening. The SEC, although not trusted, passed 'transparency' laws when it comes to dark pool trading. Whether we believe it to be honest or not, the question is, why did the SEC pass that now?
Well, the DOJ is apparently looking into short selling which will eventually lead to the SEC either being woefully ignorant or willfully complicit. So even though it could be theater, the interesting point remains: now taht short selling has become a topic of contention and clearly the public is starting to understand what short selling is and how it's connects to hedge funds... it will become very clear that the regulators had not had the best interest for the public which is their duty and obligation.
Hopefully the DOJ takes action but I believe, if honest, what they'll actually find is that the SEC is the one who ultimately needs to be investigated.
A Witch Hunt That Flops Again.
I think people are missing what's happening. The SEC, although not trusted, passed 'transparency' laws when it comes to dark pool trading. Whether we believe it to be honest or not, the question is, why did the SEC pass that now?
Well, the DOJ is apparently looking into short selling which will eventually lead to the SEC either being woefully ignorant or willfully complicit. So even though it could be theater, the interesting point remains: now taht short selling has become a topic of contention and clearly the public is starting to understand what short selling is and how it's connects to hedge funds... it will become very clear that the regulators had not had the best interest for the public which is their duty and obligation.
Hopefully the DOJ takes action but I believe, if honest, what they'll actually find is that the SEC is the one who ultimately needs to be investigated.