How GameStop Shareholders Can Benefit From Proposed Market Changes
$AMC Preferred Equity Unit(APE.US$ $AMC Entertainment(AMC.US$ $GameStop(GME.US$ Since the beginning of meme mania, investors in GameStop and other meme stocks have demanded greater transparency across the market. Many believe that the lack of transparency has influenced unscrupulous trading practices, such as naked short selling.
One of the reasons why GameStop investors are suspicious that naked short selling is going on is because of a high number of failures to deliver on trading GME shares in the company's recent past.
Creatd's CEO said that he intends to escalate this issue to the highest levels of the financial services industry “to protect the integrity of the capital markets, especially the more vulnerable entrepreneurial, growth-oriented stocks,”
The support of other publicly traded companies could be an important step forward toward fixing these big issues that affect retail investors and traders.
The SEC's proposals for greater transparency and competitiveness among market participants would make info on short-selling activity more easily available to the general public. In turn, that could help reduce predatory short-selling practices.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Velvet Monkey : ya think! The unregulated Market and short sellers is the same as a candy store to a bunch of 6 year olds. Have fun at the round up!