Author: Anthonette Clerigo

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Article: FINRA Orders Record Financial Penalties Against Robinhood Financial LLC

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FINRA Orders Record Financial Penalties Against Robinhood Financial LLC
Firm Ordered to Pay Approximately $70 Million for Systemic Supervisory Failures and Significant Harm Suffered by Millions of Customers
WASHINGTON—FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers. The sanctions represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of the violations. In determining the appropriate sanctions, FINRA considered the widespread and significant harm suffered by customers, including millions of customers who received false or misleading information from the firm, millions of customers affected by the firm’s systems outages in March 2020, and thousands of customers the firm approved to trade options even when it was not appropriate for the customers to do so.

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Article: Honoring the Unifying Power of National Symbols, #UNRIG Rolls on to Mount Rushmore July 4th

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Honoring the Unifying Power of National Symbols, #UNRIG Rolls on to Mount Rushmore July 4th

Are you tired of abuse at the hands of a tyrannical, unrepresentative, rapacious federal government? So were the Founders, and so is #UNRIG founder and retired CIA operative Robert Steele! Join the #UNRIG movement on Independence Day at Mount Rushmore to reclaim political control over your own community from authoritarians in far-off lands.
Continue reading “Article: Honoring the Unifying Power of National Symbols, #UNRIG Rolls on to Mount Rushmore July 4th”

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Article: Moez Kassam & Anson Funds Part II: Rotten To The Core

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Moez Kassam & Anson Funds Part II: Rotten To The Core

Market Frauds, 28 June 2021

Note to all readers: The Canadian regulators (OSC and IIROC) are asking people for information on illegal trading strategies. If you or a company or investor have been hurt by Anson Funds please do not remain silent. Get in touch with the OSC and file a formal complaint. This really is your only chance to be heard. Make it count! You can also send information to the SEC here: https://www.sec.gov/whistleblower Continue reading “Article: Moez Kassam & Anson Funds Part II: Rotten To The Core”

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Article: TLC: THE LONG CON: The markets are frothing with liquidity. PART 1

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TLC: THE LONG CON: The markets are frothing with liquidity. PART 1
Reddit: u/con101smd, 22 June 2021

TLC: THE LONG CON:

The markets are frothing with liquidity.

How Wall St. conquered the wild west of crypto by laundering funds obtained from illegal naked short selling practices through stock market exchanges worldwide.
Mobile Edition & full PDF: https://docs.google.com/document/d/1fdZV5B6RtyVurxcVsXAOtWNn5NE8BZS1TPu24ZAzLkI/edit?usp=sharing

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Article: June 2021 Update: Attempted Coups, Corporate Media Gaslighting, and the Fight to #UNRIG

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June 2021 Update: Attempted Coups, Corporate Media Gaslighting, and the Fight to #UNRIG

PATRIOTS: Join retired CIA officer Robert David Steele in the fight to #UNRIG American elections and sever the corporate state’s unconstitutional deathgrip on American government.

We’re making headway, building crowds. Check out the #UNRIG schedule to find a stop near you – including an explosive July 4th stop at Mount Rushmore.

Continue reading “Article: June 2021 Update: Attempted Coups, Corporate Media Gaslighting, and the Fight to #UNRIG”

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Article: New NSCC Rule Change Poised to End the Short Squeeze Saga

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Image courtesy of 123rf.

New NSCC Rule Change Poised to End the Short Squeeze Saga

Tim Fries, 22 June 2021

On Wednesday, market makers, which are also DTCC clearing members, will have to tighten up their short-selling belts. Because their available capital will be contrasted more frequently with member deposits, their ability to maintain massive short positions is slated to be crippled.

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Article: Stunning Confessions of a Short Seller

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Stunning Confessions of a Short Seller
Michelle Celarier, 22 June 2021

Anonymous short activist Rota Fortunae profited from put options on Farmland Partners — and now admits the relevant report he authored was riddled with errors.

The proliferation of short activist research in recent years has raised red flags about some of the originality, accuracy, and depth of these works — especially when combined with put options that are timed to coincide with the publication of reports that might send the stocks into a tailspin.

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Article: How the GameStop Hustle Worked

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How the GameStop Hustle Worked

Lucy Komisar, 22 June 2021

I have written previously for the Prospect about the frenzy over GameStop (GME), the video game and electronics company. By now, you know the story. Millions of retail investors made the stock soar by over 1,000 percent in January 2021. This brought disaster upon a handful of hedge funds that had bet on GameStop’s stock to drop. According to Markets Insider, one analyst estimated losses in February of roughly $19 billion. The hedge fund Melvin Capital reportedly closed out its position after taking a drubbing of 51 percent. Another fund, Maplelane, lost 40 percent.

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