Article: Wall Street Mania Poised to Spur SEC Focus on Apps, Shorts, T+2

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Wall Street Mania Poised to Spur SEC Focus on Apps, Shorts, T+2

By ,, , and

Bloomberg, 2 February 2021

ROBERT STEELE: The article by Bloomberg is largely bullshit. Buried in one line is “failure to settle.” The reporting is unprofessional and irresponsible.

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Article: Overstock Fights Wall Street Over Dividend Amid 400% Rally

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Overstock Fights Wall Street Over Dividend Amid 400% Rally

Robert Schmidt and Ben Bain

Bloomberg, 18 May 2020

If Overstock’s dividend plan proves successful, the implications for U.S. markets could be significant. More companies may decide to dabble in digital assets or add restrictions to their shares, especially if they find that doing so gives them more sway over their investors. On Wall Street, brokerage firms and exchanges are loath to see the launch of any security that raises the specter of a monopoly and could cut them out of trading and listing fees.

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