this post was submitted on 07 Dec 2023
8 points (83.3% liked)

WhyDRS

41 readers
1 users here now

Community to discuss the WhyDRS.org project and resources, and how to spread DRS advocacy and information to all investors for all securities.

Have a great idea to spread the word? There are some resources here to get started!

https://www.whydrs.org/free-resources

founded 1 year ago
MODERATORS
[email protected]
8
How resolve the "phantom shares" menace aka fake f'ing shares (x.com)
submitted 11 months ago by [email protected] to c/[email protected]
1 comments fedilink hide all child comments
 
  1. Real fine$ for FTDs [NO "margin call" waivers at NSCC's whim]
  2. Mandatory Buy-In
  3. If Buy-In fails, raise offer$ until it closes
  4. Suspend & close accounts of brokers who FTD
  5. Create criminal law for BDs who harm #HouseholdInvestors
  6. Give power back to states @NASAA
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 11 months ago* (last edited 11 months ago)

these are all good policy propositions.

unfortunately, rules like this will never willingly be implemented by the people who get to make these rules because that would go against their interests.