https://www.sec.gov/news/press-release/2023-192
“The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires broker-dealers to mark sale orders as long, short, or short exempt.”
“To settle the SEC’s charges, Miami-based Citadel Securities agreed to pay a $7 million penalty.”
I wonder how much money they earned through these mistakes?
7 million I hear. Unconfirmed
Earned is the wrong word. The word is stolen. More like 7 million stolen by citadel for each penny of the seven million penalty applied.
It’s an insult. The SEC may as well be calling my mother is fucking piece of shit, uneducated cunt-bag. Of which she is not on any of those accounts. Disgusting. Truly the mark of a corrupted, impotent, disgraceful, shameful agency which will go down in history as a poor excuse for “civilized structure and regulation.” Repulsive. Truly gross. Truly gross.
