I've Read UNSCRIPTED
- Feb 8, 2019
In my opinion extremely hard to build a case. The most relevant could be “cornering a market” but there must be an intent of collusion and big money involved. Unlikely to apply here.At the moment the SEC is looking and sifting through the wallstreetbets reddit to see if they find any illegal stuff. Just in case anyone wonders about wether they will do something against their established wallstreet customers. Never. They always go after the little average joe.
When someone loses money they will cry foul and ask for investigation. A lot of retail money was lost in 2008 buying “things they don’t understand”. When people cry and complain there will be investigation and possible more regulation.