Aug. 16, 2022
August 16, 2022
Hedge funds have been charged an untold amount of times for repetitively breaking the rules. They disregard rules for years and then get a slap on the wrist. Its the cost of doing business and they go right back to disregarding and disrespecting the rules that the rest of us have to play by. This is an objective fact at this point.
Small fines have been proven to be insufficient. The only recourse is to buckle down and insist on up-to-date reporting/recording. Do not let their silver tongues dictate what is right and wrong. Do not let them muddy the waters to screw over retail even more.
Please, stick to your guns and force them to be honest. I know that its grating, thankless, and downright difficult but its necessary. Hedge funds like Citadel do not speak for us. They do not protect retail. They clearly cater to their own desires and lie about their impetus. Dont let them.