I disagree.
It is about protecting, the establishment and keeping the small investor alientated.
The regulators never go after the bankers. Why? Because once they leave the SEC (or whatever agency they are in) guess who hires them?
Just a cozy little club.
Posted Using LeoFinance Beta
I was talking about the regulators not protecting the normal investors. I completely agree that the SEC is in beds with the hedge funds.
If I were to reword it, I would be saying that the regulators do not wish for the regular investors to do what the hedge funds do on a normal basis. This can be seen in the GME events when they wanted to charge people who did their research. GME was heavily shorted so is there a problem telling others to buy it? No and I think hedge funds would work together on their actions all the time. So what I was saying is that the regulators are not protecting the retail investor. They are just trying to expand their advantage for their friends and block others from using the same tricks.
Posted Using LeoFinance Beta