Jun. 25, 2023
Giving voting rights to market makers and hedge funds (who’s interests in no way align with those of equity holders) for far out-of-the-money call options is insane. This rule is a (yet another) bald-faced attempt at furthering the blatant manipulation of US listed securities by financial entities serving as prop trading firms, hedge funds, market makers, and shadow banks (with clearly “separate” corporate structures “legally” of course). Concerned citizen, Ronald Faulkner Jr