π₯ TRUE NUMBER OF SYNTHETICS WILL SOON BE REVEALED! π₯ - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/rocketastronaut/status/1497733939934367744
https://www.finra.org/rules-guidance/notices/21-19
https://www.linkedin.com/feed/update/urn:li:activity:6903024736935276544/
The true number of synthetics will shortly be revealed. It isn't just the SEC thats proposed a new rule to increase disclosure around synthetics, FINRA has also proposed a new rule to improve disclosure SPECIFICALLY AROUND SYNTHETIC SHARES AND FTD's.
Both the SEC and FINRA also appear to be working heavily with the DOJ in the short seller investigation. Therefore, it looks like synthetic shares will soon be revealed and also appropriately accounted for during the squeeze.
All synthetics must be accounted for during the squeeze as all of these synthetics were sold to real people like you and I and therefore must be bought back to properly close out of the position.
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