π₯ SEC CHARGES BROKER FOR AMC MANIPULATION!! FINALLY! π₯ - AMC Stock Short Squeeze Update
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Links;
https://www.sec.gov/news/press-release/2022-88
https://twitter.com/BillAckman/status/1529133144540078083
https://uk.finance.yahoo.com/news/bank-of-england-interest-rates-andrew-bailey-inflation-155058136.html
The SEC has FINALLY charged a broker with AMC/Meme stock manipulation after what happened back in January 2021.
A broker has been charged with lying to its customers about turning off the buy button, falsely acquiring new business. This is a step in the right direction as it shows the SEC is still investigating what happened in January 2021 and isn't afraid to issue charges and further charges on top of that.
I don't think it'll be long until more brokers are charged with greater forms of manipulation as a result of January 2021.
Bill Ackman has also said that the FED are moving too slow in terms of raising interest rates, and if they don't combat inflation faster, the market itself will combat inflation for the fed, by crashing.
This is yet another high profile investor that KNOWS the market is crashing and is fully prepared for the market to fall further and further.
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