CFTC GET OUT OF JAIL FREE CARD + MASSIVE ORDER IMBALANCE π₯ - AMC Stock Short Squeeze Update
1,393The CFTC have literally just issued criminals with a get out of jail free card! They have removed the disclosure requirements for total return swaps until October 2023!
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Links;
https://www.reddit.com/r/amcstock/comments/pfz1er/cftc_states_no_reporting_obligations_for_swaps/
https://www.reddit.com/r/amcstock/comments/pfszkd/volume_cycle_again_proving_we_must_be_in_the_3rd/
This is absolutely ridiculous and just goes to show what kind of unfair market we are operating in. To clarify, swaps do still have to be monitored and hedged for, however, no reporting is necessary for over-leveraged/fraudulent positions... great
We are also seeing AMC volume profile for cycle 3 perfectly tracking cycle 1 and 2, which is looking very promising!!
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#AMC #ShortSqueeze #AMCStock