February 7, 2022
This regulation is great, but it should go further than that. The penalties are too low, and that's the main issue here. A company always look at the penalty, and if the penalty is lower than the profit made by committing the illegal act, then the company WILL ALWAYS acts illegally. Bona fide (e.g. the company saying it was an unintentional bug) shouldn't be taken into account for financial crimes.
I hope everyone working for the SEC watched this video https://www.youtube.com/watch?v=oL_cLtw6WNM and this video https://www.youtube.com/watch?v=jIfixbq_u0Q
This article is a must-READ too https://prospect.org/power/how-the-gamestop-hustle-worked/
Another interesting post https://www.reddit.com/r/Superstonk/comments/o75dt4/dark_pool_not_required_market_markers_can_control/
+ read these 3 parts https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip_uleavemeanon_where_are_the_shares_part_1/
Finally it's not normal that overvotes are always wiped out to hide the naked short selling https://www.reddit.com/r/Superstonk/comments/nwktlt/overvoting_prevention_exposed/ DTCC shouldn't be allowed to call brokers and do what they want with the total number of votes. A lawyer (Wes Christian) confirmed it https://www.youtube.com/watch?t=4948v=q8-JO3g5bm4