The SEC, FBI, Justice Department seem to be going after everyone in every class, HFTs, Hedge Funds, Mutual Funds, Prop traders, Data Analysts, and any other type of institutional firm you can think of.
Quoting George Bush, "They opened the Spigot" and the flow of news from the US securities investigations is truly unbelievable as the suits are raiding and visiting just about everyone, or at least they seem to be headed that way.
I wonder why they don't start with Brian Sacks and Ben Bernanke, manipulators extraordinaire?
5 years ago
4 comments:
"Don't steal, the government doesn't like competition."
Watch this be just like the banks stress tests; you will hear how they did an investigation but nothing to report!!! Just really good traders doing a good job at research!!
MR. Pink, that's funny, it was my thought as well. Maybe they're taking a lesson from Chavez and will will eliminate any private competition. Whatever it is, it seems they've pulled GS into it now as well.
BRANDT. Will the SEC man hunt, CHANGE how WE see the ACCUM/DIST for where the money is going?
And will the INSTITUTIONS (CHANGE) their tactics because of the SEC man hunt?
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