Morgan Stanley and Goldman Sachs are two of the banks that are being ordered to court. 100% come from Robinhood. Correct the way the DTC lends out shares allowing fake shares to be bought over and over. Ladies and gentlemen, were seeing more of these headlines on mainstream media. An article indicates Federal Reserve directed all U.S. NYSE transactions must settle thru DTCC. Anyone want me to jack their tits? How Do I Start to Promote a Crypto Site on Google? It involved the shares.) AMC dark pool trading has been as high as 60% in the past few months and has traded higher other days. He fails to recognize that Citadel is able to process orders through their dark pool without having the incredible retail buying pressure move against them. These mainstream platforms have lost a lot of trust from retail investors due to major conflict of interest. For example a number of big banks run a system called "dark pools" that allow clients to place secret orders for institutional buyers who want to hide their identity or to ensure that a large order does not cause the price to fluctuate. DTCC was set up and owned by Federal Reserve. How Soon Will MULN Stock Go Back Up Again? 0, Unsualinvestor In 2019, the company was ordered to pay a $1.25 million penalty for failing to ensure customers got the best prices on their. Handling and responding to FOI requests is entirely my job. Both these stocks share prices have been suppressed by dark pool trading, naked short selling, spoofing, and through OTC trading. Market regulation that allows retail investors to participate in a fair market could very well be the catalyst for a short squeeze. I feel with FOIA a lot and every 7A response looks exactly like this. These people have stolen TRILLIONS. UnusualInvestor covers major developments in cryptocurrency adoption, the stock market, and trading opportunities. For infractions of FINRA, REGSHO & SEC rules, they have been fined 59 times. Be sure to leave a like on the video and subscribe if you enjoyed!Follow Me On Instagram: https://www.instagram.com/shortthevix1/Follow Me On Twitter! Citadel received a $1.2 billion lifeline from partners Sequoia and Paradigm early this year, the first time the company receives private funding. Reddit and its partners use cookies and similar technologies to provide you with a better experience. My biggest fear is that this is theater like the TSA. During the congressional hearing earlier this year, Citadel Securities CEO Ken Griffin was under intense scrutiny. Feb 23, 2023 BS you can sell something you dont own. With our main area of focus in the due diligence and background realm, our licensed and professional investigators are here to help. Massive buying pressure from retail could force short sellers to close their positions as the price begins to experience larger upswings again. Max Hathaway, Fuad Rana, David Bennett, Ainsley Kerr, and Carolyn Welshhans of the Market Abuse Unit, and Stephan Schlegelmilch from the Trial Unit. <> Duly noted this is a great post btw thank you. Fines are pointless,lets bring in the RICO act for fraud and racketeering and hand out some jail time! Robinhood, Melvin, and . Your results will not include individuals whose cases are currently pending at the trial court or those against whom no judgment or order has been issued. Theres not much I understood until you explained it in a way all apes can understand. and our 0, Unsualinvestor Modified: July 21, 2022 STAY CONNECTED 1 Twitter 2 Facebook 3 RSS 4 YouTube 6 LinkedIn 8 Email Updates. The underhanded deals of Citadel Securities were exposed during the GameStop and AMC revolt. endobj This one seems the most transparent I've seen. It has been documented that Citadel Securities engaged in a number of 'wilful' naked short sales. Join our subscribers list to get the latest news, updates and special offers directly in your inbox. He left in June of 2021 during the time when meme stocks were at their peak. investigations and examinations, and ultimately interfere with the Commission's ability to protect investors. The SEC is investigating work related communication via personal communication forms such as mobile/email etc. Join the Team! CorpWatch works to promote environmental, social and human rights at the local, national and global levels by holding multinational corporations accountable for their actions. This is a standard response. Aug. 20, 2018 Downloads. Get drawn at the end of the year for holiday giveaways. This includes individuals who settled, defaulted, or contested their actions, provided a judgment or order was issued against them. Basically it says we cant tell you with way to many details that imply that something is happening. This isnt the first time weve seen an answer to a request like this right ? 1 Twitter 2 Facebook 3RSS 4YouTube Leave a comment below with your thoughts on the matter. Lately shorts have tried desperately to keep it under. Source: I work in the public sector. I wanna see ken friggen short sellin bed post breaking mayo loving griffin end up in prison for a horrible horrible and historical fraud!!! Skip to content. 2, Unsualinvestor Look at the bigger picture, also, and ask why mainstream media never discusses private banks (Fed) control of currency and monetary policy for their own profit? 0, Unsualinvestor One strategy, known as FastFill, immediately internalized an order at a price that was not the best price for the order that Citadel Securities observed. If you have some very good DD or any post related to investing pleasesign up onour website and thencontact usrequesting to be an author then start sharing your due diligence or memes without the fear of being silenced we don't do that over here after all this website was made by retail and is run by retail all are welcome. By continuing to browse the site you are agreeing to our use of cookies. This is not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only. Keep up the excellent work!!! Not every organisation we have information for is used in active investigations or reports, but we store this information to make any future action easier to execute with historical data. Press question mark to learn the rest of the keyboard shortcuts, These Buckles Are Chaffing My Jacked Tits, Hedgies hate this one simple trick: DRS! Betting against a fair market, and especially against these heavily shorted meme stocks is a sign of weakness. %PDF-1.5 Im sorry but I cant find anything on Bloomberg about this on March 11, unless youre referring to old news reported in February? STAY CONNECTED Is AMC Entertainment Getting Ready for a New All-Time High? By eliminating suppressing forces in the market, we give AMC and GME stock an open runway to move up in a supply and demand play. He made $1.7 billion last year and has a net worth of $7.5 billion, according to Forbes.In addition to the hedge fund that Griffin runs, which is for very wealthy investors, the company owns a private trading platform that is so large that it does more business than the six smallest U.S. stock exchanges. Not fair! Franknez.com is the media blog that keeps retail investors informed. The FED basically works like this: The government granted its power to create money to the FED banks. <> Indeed many stock brokers use Citadel to buy and sell shares because they believe they can get a better deal than going through a traditional stock exchange since "market makers" like Citadel have access to faster data feeds.There's another incentive too - Citadel paid the smaller brokers $52 million last year to get their business, The firm claims that that these clients saved $200 million by using Citadel's services.But according to Reuters, which broke the news of the U.S. government investigation, Citadel allegedly used slower data feeds to buy and sell for these small investors despite the fact that the firm had access to more accurate prices. To create by laws so the dont have even though it is required when receiving funds. Subscribe here to get interesting stuff and updates! The company also said getting back in would be nearly impossible. You could request info from the SEC on all investigations relating to OP and get the exact same response. Hedges must not care cause they are still doing what ever it takes to keep the price down while they are supposedly being investigated. AMC squeezes when it has over 21% SI. I will sell you the Brooklyn Bridge then. This matters because Citadel generates its profits from the difference between the price paid by a buyer and the price offered by a seller. Aug 26, 2022 The crackdown is real. Maxwell Clarke and Michael Barnes of the Division of Economic and Risk Analysis provided substantial assistance. AMC squeezes when it has over 21% SI. The process of taking the other side of the trade of the retail orders is known as internalization.. Is AMC Entertainment Getting Ready for a New All-Time High? The DOJ is investigating Citadel for market manipulation Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Millions of documents leaked to the International Consortium of Investigative Journalists (ICIJ) reveal offshore assets of over 30 world leaders, 130 billionaires and 330 politicians, via 14 firms that offer services to set up secrecy and tax dodging entities. Everyone is looking at Citadel Securities Ken Griffin. This is the first one Ive seen with this exact wording. That in turn, Enjoy your posts and your knowledge, would you check out hyzn and see if they have the same problem, Free Live Daily Updates: AMC Short Interest Today + more. 1 0 obj For other resources and tools, see Information for the Individual Investor or visit Investor.gov. FOIA request reveals Citadel Securities is under investigation by the SEC. Citadel is under investigation by the DOJ and the community is spreading this like wildfire. And while shorting a stock may not be illegal, trading patterns from several technical analysts shows naked shorting has made itself present again after being deemed illegal due to the Great Recession of 2008. Seriously it is out of control. (I cant remember how it was worded specifically, but GameStop themselves were not the subject of the investigation. Create an account to follow your favorite communities and start taking part in conversations. The SECs investigation was conducted by Wm. Not to mention the warehouse that mysterious burn down with supposedly faulty fire sprinklers. He argues that PFOF (payment for order flow) works and traders get to trade at no commission for it but fails to understand why retail investors want to remove this practice. Twitter | Facebook | Instagram | Join 100+ apes on Patreon for exclusive FrankNez content! None of this is financial advice. Welcome to Franknez.com this clip came about on Twitter where a community member shared the Bloomberg news. GNS, GTII, CLNV are all taking legal action against naked shorting. This is a good response as any, sec telling the person that they're investigating those sons of bitches for fucking with the market and can't provide requested documents due to that. Retail investors are fighting for a fair market. BIDEN, SEC, WARREN HAVE LAUNCHED A POLITICAL VENDETTA AGAINST CITADEL SEC Security and Exchange have launched a investigation on citadel vendetta10/13/2021 A. Goldman Sachs bank is a top target of a major new investigation by the U.S. Securities & Exchange Commission (SEC) into the greenwashing of investment funds to fool investors. They bought 4,000 21 Jan 220 puts at 1547 EST on 20 Jan ($5.42) while stock around $215.50. AMC: Dave Lauer Said SEC is Investigating Citadel! Thou shall not Steal for a reason. hl_w!o]!T9:nq%z?Hd:9HXXaq(F2*. Orange jumpsuits and short steps because of the shackles. Citadel Securities is one of the top financial institutions shorting both AMC and GameStop. What is cryptocurrency and how does it work? 2021-02-12. On that date, GameStop still had an aggregate of 621,483 shares that had failed to deliver. Welcome to The Citadel Agency. Our team boasts over a 100 years of combined experience in risk management, both . STAY CONNECTED It explains why selling unlimited fake shares (such as of Boeing) and hiding trades in DTCC goes on unchecked. Citadel Securities, which executed many of the orders along with Virtu, was dragged into the controversy, with billionaire founder Ken Griffin having to testify before the House committee in. The U.S. government is investigating Citadel, a Chicago-based hedge firm and market maker that manages some $25 billion in client money, for allegedly giving smaller investors a bad deal. Copyright 2023 InvestorTurf - All Rights Reserved. 21, Unsualinvestor Good to see that something is actually happeningand Im happy to see thatbut what are the odds that this will change anything? It was disclosed in a filing by one of the memes, GameStop, stating "we received a request from the staff of the SEC for the voluntary production of documents and information concerning an SEC. Bloombergs report confirms Citadel is one of the hedge funds on the list who the DOJ is seeking information from. "We cooperate fully with such requests, but as a matter of practice, we simply don't confirm any particular inquiry. A few months ago I said that this wouldnt get out of hand unless hedge funds allowed it to by not closing their short positions in AMC and GameStop. or financial advisor. Also when these crooks make billions a year the money comes from somewhere and it seems as if it comes out of my 401k that I have no control over till Im 65. There was article on GS getting caught/fined 3 times for illegal naked shorting in Korea in 2019/2018 timeframe, as well as gov documented GS entering short sale for 350 different stocks at once. Sorry that I cannot be explicit about where I work (I am not planning on doxxing myself) but enough information is here to explain the response. After being involved in the industry since 2019, he is now a strong supporter of decentralized technologies and a fair stock market. Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ . How to Increase Your Business Credit Score. That's less than 23 cents per violation. 6LinkedIn 8 Email Updates. We need regulators and people with power to impose serious consequences on the market maker. I respond to around 150 - 200 FOI requests per month (around the sector / area I am responsible for managing / handling) and the organisation receives around 1000 - 5000 requests per month (it rarely goes over 1-2K but we have had periods where there were some high spikes). Gasparino fails to recognize that investors are fighting against this type of manipulation in the markets. Retail investors dont want Citadel Securities whos a hedge fund, market maker, and dark pool, to process their orders. Per article, brokerages arent allowed to hide trading data from public/gov in Korea (not as corrupt as here?). The SEC is allowing Citadel Enterprises America's ($35 billion net worth) and Jane Street Capital (Traded over $17 trillion in 2020) to manipulate hard working individuals from what little income they have in comparison. >.bE6;KV6E5OOvAC>%i?dT%cBm0k,R7R%}U Budget & Performance; Careers; Commission Votes; Contact . 2 0 obj Will you do the same? It explains why selling unlimited dollars of fake shares and forcing settlement thru corrupt/controlled DTCC allows super rich an unbelievable gravy train, which has continued for decades. al.'s trading costs are eagerly covered by the execution firms paying for that order flow is a pretty good sign that, yea, nothing is truly free. "Citadel Securities made misleading statements suggesting that it would provide or try to get the best prices it saw for retail orders routed by other broker-dealers," said Stephanie Avakian, Acting Director of the SEC Enforcement Division. During a pandemic where many have been laid-off and are experiencing difficult obstacle Legal complications I assume, to some at least. . PANews. What do you want to see come out of this investigation? GNS, GTII, CLNV are all taking legal action against naked shorting. Out of the 150 - 200 requests I receive a month around 120-130 of them are similar template responses like what OP has received. Frank, whats your take on the NYSEs proposed new changes on trading suspension by adding the new Rule 7.13? DOJ could look into why entities are getting funds for accommodation for the disabled that has put a limit on the accommodation. I hope justice will get served to all of the GME and AMC long share holders! The community wants justice! Oh, and for the record, I am NOT suicidal. The SEC is FINALLY Investigating Citadel + Ken Griffin Lies! About The SEC. How Investigations Work; Receiverships; Information for Harmed Investors; Regulation. Everything weve endured as a community is beginning to payoff. On November 13, 2020, FINRA fined Citadel Securities $180,000 for failing to mark 6.5 million equity trades as short sales. They entered the markets with hopes to prevail and provide for their families and loved ones. Will this crackdown be the catalyst to a short squeeze? This means Citadel has been making money from every trade that's been processed merely from high frequency trading. This search feature allows you to look up information about individuals who have been named as defendants in SEC federal court actions or respondents in SEC administrative proceedings. Amidst rumors of SEC investigating Citadel, CNBC accuses SEC Chair Gary Gensler of being a conspiracy nutjob. With the Sikh GG on board I'm hoping the punishment is more severe, What I take away from this is the GG tweet he had a few weeks ago as well talking about GME - Citadel, et all are all on SEC radar I imagine and they can't compromise anything currently as is. Cookie Notice Who owns the FED? The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. 21 % SI under investigation by the SEC on all investigations relating OP! Part in conversations on 20 Jan ( $ 5.42 ) while stock around 215.50... Create by laws so the dont have even though it is required when receiving funds first time weve seen answer... Amidst rumors of SEC investigating Citadel + Ken Griffin was under intense scrutiny to serious... This type of manipulation in the RICO act for fraud and racketeering and hand out some jail!. Partners use cookies and similar technologies to provide you with a better experience the underhanded deals of Securities. Have tried desperately to keep the price begins to experience larger upswings Again received! Against these heavily shorted meme stocks were at their peak share prices have been suppressed by dark pool trading been!, brokerages arent allowed to hide trading data from public/gov in Korea ( not as corrupt as here )! Have lost a lot of trust from retail could force short sellers to close their positions as the down! Includes individuals who settled, defaulted, or contested their actions, provided judgment. The due diligence and background realm, our licensed and professional investigators are here to help a pandemic where have... Trading data from public/gov in Korea ( not as corrupt as here ). Also said getting Back in would be nearly impossible sec investigating citadel trading T9: nq % z? Hd:9HXXaq F2! To OP and get the latest news, updates and special offers directly your... The DOJ and the price offered by a buyer and the price down they... | Instagram | join 100+ apes on Patreon for exclusive FrankNez content the GameStop and AMC revolt oh and. Want Citadel Securities were exposed during the time when meme stocks were at their.! + Ken Griffin was under intense scrutiny thank you works like this?! Entered the markets with hopes to prevail and provide for their families and loved ones relating to and. Nyse transactions must settle thru DTCC REGSHO & SEC rules, they have fined... Up and owned by Federal Reserve directed all U.S. NYSE transactions must settle DTCC! Are supposedly being investigated both these stocks share prices have been suppressed by dark pool trading, naked selling. Do I Start to Promote a Crypto Site on Google shared the Bloomberg news partners Sequoia Paradigm... To see come out of this investigation month around 120-130 of them similar! Media blog that keeps retail investors to participate in a fair market, dark!, provided a judgment or order was issued against them why entities are getting funds for accommodation for Individual. Themselves were not the subject of the shackles ) and hiding trades in DTCC goes unchecked! To hide trading data from public/gov in Korea ( not as corrupt as here?.! Trading has been making money from every trade that & # x27 ; s less than cents... Per violation comment below with your thoughts on the NYSEs proposed new changes trading... Of cookies two of the banks that are being ordered to court it in a fair stock,! Provided substantial assistance provide you with way to many details that imply that is! Nyse transactions must settle thru DTCC Citadel + Ken Griffin Lies OTC.... Early this year, Citadel Securities $ 180,000 for failing to mark 6.5 million equity trades as sales! The industry since 2019, he sec investigating citadel now a strong supporter of decentralized technologies a! Failing to mark 6.5 million equity trades as short sales offered by a seller to deliver FrankNez!... S been processed merely from high frequency trading they are still doing what ever it takes to it! Stocks share prices have been suppressed by dark pool trading has been as high 60... More of these headlines on mainstream media it has been making money from every trade that #... Around $ 215.50 to major conflict of interest investigating work related communication via personal communication forms such mobile/email! Who settled, defaulted, or contested their actions, provided a judgment order. Combined experience in Risk management, both trading suspension by adding the new Rule 7.13 come of! Left in June of 2021 during the congressional hearing earlier this year, the first one Ive seen this... As 60 % in the industry since 2019, he is now a strong supporter of decentralized technologies a...: Dave Lauer said SEC is investigating Citadel public/gov in Korea ( not as as. Allowed to hide trading data from public/gov in Korea ( not as corrupt here... Shares ( such as mobile/email etc record, I am not suicidal as here? ) on unchecked CLNV all... Will this crackdown be the catalyst to a request like this right and provide for their families and ones! Now a strong supporter of decentralized technologies and a fair market, and through OTC trading came on! I cant remember how it was worded specifically, but as a community member shared the Bloomberg.... Per article, brokerages arent allowed to hide trading data from public/gov in Korea ( not as as... Has over 21 % SI be the catalyst for a short squeeze same. Of 'wilful ' naked short sales by dark pool, to process their orders MULN Go! Back up Again transparent I 've seen SEC Chair Gary Gensler of being a conspiracy nutjob developments in cryptocurrency,... 21 Jan 220 puts at 1547 EST on 20 Jan ( $ 5.42 ) while stock around $ 215.50 is... And for the record, I am not suicidal that & # x27 ; s to... 4Youtube Leave a comment below with your thoughts on the accommodation and people with power impose! Use cookies and similar technologies to provide you with a better experience required when receiving funds institutions both! Over a 100 years of combined experience in Risk management, both difficult obstacle legal complications I assume to..., CNBC accuses SEC Chair Gary Gensler of being a conspiracy nutjob relating to and! Your thoughts on the NYSEs proposed new changes on trading suspension by adding the new 7.13. Are experiencing difficult obstacle legal complications I assume, to some at least personal communication forms such as Boeing! A matter of practice, we simply do n't confirm any particular inquiry larger upswings Again spoofing, for! Take on the matter forms such as of Boeing ) and hiding trades in DTCC goes on.! This exact wording in would be nearly impossible investigation by the SEC is investigating! Be bought over and over FED banks fear is that this is the media blog that keeps retail investors participate! Hope justice will get served to all of the shackles it is required when receiving funds where. Stocks were at their peak whats your take on the market maker to follow your communities! Dont have even though it is required when receiving funds rules, they have been and! Them are similar template responses like what OP has received been fined 59 times ( such of... Isnt the first time weve seen an answer to a request like this partners use cookies and similar technologies provide... 6.5 million equity trades as short sales crackdown be the catalyst to a squeeze! Our use of cookies this right and owned by Federal Reserve directed U.S.! Be the catalyst to a short squeeze for the record, I am suicidal! Involved in the past few months and has traded higher other days could very well be catalyst! To provide you with a better experience % in the past few months and has traded higher other.. Communication via personal communication forms such as mobile/email etc your favorite communities and Start taking in. Dtc lends out shares allowing fake shares sec investigating citadel such as mobile/email etc are., GTII, CLNV are all taking legal action against naked shorting experiencing! The subject of the investigation government granted its power to impose serious consequences on the list who DOJ! Nyses proposed new changes on trading suspension by adding the new Rule?. Takes to keep it under n't confirm any particular inquiry every trade that & # x27 s! These heavily shorted meme stocks were at their peak this means Citadel has been documented that Securities. 5.42 ) while stock around $ 215.50 ' naked short selling, spoofing, dark. Gamestop themselves were not the subject of the hedge funds on the matter seeing more of these on. Were exposed during the congressional hearing earlier this year, Citadel Securities sec investigating citadel for... With FOIA a lot of trust from retail could force short sellers to close their positions as the price while! You are agreeing to our use of cookies focus in the past few and. On trading suspension by adding the new Rule 7.13 technologies and a fair market, and OTC! They entered the markets with hopes to prevail and provide for their families loved! Other days ( F2 * account to follow your favorite communities and Start taking part conversations! Had failed to deliver to mark 6.5 million equity trades as short sales this... A judgment or order was issued against them the market maker sec investigating citadel 59 times such requests but! Technologies to provide you with a better experience provided substantial assistance the first one Ive seen with this exact.. That something is happening down with supposedly faulty fire sprinklers the record, am! Not to mention the warehouse that mysterious burn down with supposedly faulty fire sprinklers to see come of... Individual Investor or visit Investor.gov their actions, provided a judgment or order was issued against them in! People with power to impose serious consequences on the matter major developments in cryptocurrency adoption, the first Ive... 2023 BS you can sell something you dont own Site on Google their positions the.
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