exactly .. some may not realize this .. but the fl
Post# of 43064
(Total Views: 820)
Posted On: 09/26/2017 9:38:47 PM
exactly .. some may not realize this .. but the flash crash of May 2010 *revealed*
that the SEC had *NO* access to daily tape/s of trades for any *equity* regardless
of where *traded* .. something that never passed my smell test .. as i was
trying to *connect* some dots .. the *chair* at the time .. noted with a straight
face that that data could be requested from the very firms who *self report*
talk about the fox *working* that ole' hen house .. and why it's worth *imo* all
educating themselves on the events of 2009 - 2010 .. to say nothing of the
total *coincidence* of the author of the first hit piece on P2O noting for years
*there* that there was no such thing as an OTC company/stock being *shorted*
until of course the link re: daily reg sho went live in Feb 2010 (retroactive to August 2009) ... that proved that lie for exactly what it was
one of the reasons .. i got interested in *curating* documents .. was because
*some stuff got scrubbed by rote* .. and others' *stuff* that seemingly got scrubbed initially
wound up miraculously being revived later on (back then ratios and %s) .. to say nothing of noting what changes and *when* implemented
===
article link courtesy of basserdan .,.
http://wallstreetonparade.com/2017/09/technol...s-top-cop/
4kids
that the SEC had *NO* access to daily tape/s of trades for any *equity* regardless
of where *traded* .. something that never passed my smell test .. as i was
trying to *connect* some dots .. the *chair* at the time .. noted with a straight
face that that data could be requested from the very firms who *self report*
talk about the fox *working* that ole' hen house .. and why it's worth *imo* all
educating themselves on the events of 2009 - 2010 .. to say nothing of the
total *coincidence* of the author of the first hit piece on P2O noting for years
*there* that there was no such thing as an OTC company/stock being *shorted*
until of course the link re: daily reg sho went live in Feb 2010 (retroactive to August 2009) ... that proved that lie for exactly what it was
one of the reasons .. i got interested in *curating* documents .. was because
*some stuff got scrubbed by rote* .. and others' *stuff* that seemingly got scrubbed initially
wound up miraculously being revived later on (back then ratios and %s) .. to say nothing of noting what changes and *when* implemented
===
Quote:
The biggest technological failure, of course, is the SEC’s inability to launch a Consolidated Audit Trail (CAT) over the 83 years of the SEC’s existence in order to spot manipulative or illegal trades by some of the most highly sophisticated trading houses in the world . While JPMorgan brags about having “more software developers than Google, and more technologists than Microsoft,” and Goldman Sachs is hiring the best Russian coders, Wall Street’s top cop is still driving a horse and buggy.
article link courtesy of basserdan .,.
http://wallstreetonparade.com/2017/09/technol...s-top-cop/
4kids
Quote:
SEC protecting retail investors?
Oxymoron
Shadeout
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