The biggest technological failure, of course, is t

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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.

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Read More: https://investorshangout.com/post/view?id=476...z4tt8a3mOc


as i noted on my NSS board there .. re: this line .. what got my attn in total vs
just *wondering* .. was the comment out of the then chair of the SEC .. back
after May 2010's *flash crash* .. that the SEC had no way to track trades on any
US equity regardless of where traded .. once I understood the OTC was
the *fungible* aspect of US equities .. because no one gave a damn if destroyed
for profit .. it became very clear to me what was being done .. how it was done
and most telling .. why it was done

the money in play was beyond most retails' comprehension

the key of course being *volume* .. and volume was made up of *trades*
and it's one of the reasons i started curating every trade (when able) on
those company's i was invested in .. what that *pattern* revealed was beyond
telling and created a giant bulls eye that remains to this day ..

crews working *there* could strong arm an SMB .. just by the mere comment
of a handful of *originals* .. was it any wonder so many targets were executed
once the first rounds (cycles of monies) were played out in total

that is why the patterns are so clear on those actual OTC targets who amazingly enough
due to either science/tech or the sheer grit/stubbornness of retail investors
and somewhat savvy mgmt teams .. have surivived

when NR is upside down .. the tells are easy to spot ..

4kids