I'm no longer going to call the internalizers/wholesalers market makers. These firms are not market makers - they are high-speed speculators and intermediaries. Regulatory inefficiency has given us insane concentration of market power in these firms. Source: https://twitter.com/dlauer/status/1485991978403774478 Reddit Post
Whistleblower Alert! The Securities and Exchange Commission today announced three awards totaling more than $40 million to four whistleblowers who provided information and assistance in three separate covered actions. Reddit Post
Whistleblower Alert! The Securities and Exchange Commission today announced two awards totaling more than $4 million to whistleblowers who provided information and assistance in two separate covered actions. Reddit Post
Federal Reserve Alert! Richard H. Clarida announces his intention to resign from the Board of Governors of the Federal Reserve System on January 14, 2022. Reddit Post
Inflation Alert! FTC Publishes Inflation-Adjusted Civil Penalty Amounts for 2022. Maximum civil penalties have increased by at least 6.2% across the board. Reminder, the Bureau of Labor Statistics reported US inflation rate rose to 6.8% in 2021. Reddit Post
Whistleblower Alert! The SEC announced an award of more than $13 million to a whistleblower whose information and assistance prompted the opening of an investigation and significantly contributed to the success of an SEC enforcement action. Reddit Post