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For what it's worth (lemmy.whynotdrs.org)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 8 points 1 year ago

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?

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