We The Investors vs US SEC

[AyeCantSeeYou]

Tired of the "games" some play on the stock market? Go check out this group, We The Investors. They are suing the SEC in an effort to bring about changes for the good.

Individual Investor Advocacy | Investor Bill Of Rights

Individual Investors have gone without Transparency, Simplicity, Choice & Control, Best Execution, and Better Settlement & Clearing for too long. Join us.

advocacy.urvin.finance

 

[MisterBeale]

 

[Dekster]

It would be far easier to just end all the complicated crap and just go back to you own it today or you don't own it period. When I had a decent enough size portfolio I never would agree to lend my stocks. Anyway, sold all but the 401K off to lock-in money for the kiddies to never have to borrow for their higher ed.

All that said, I wouldn't join that group. Looks to me like some activist investors are trying to come up with enough others to morph their nuisance lawsuits into class-action suits.

 

[AyeCantSeeYou]

This is more along the lines of holding the SEC accountable for not upholding their duty to enforce the rules as they are now and for not creating and/or amending those that aren't working. "Shorts" are one of the problems, so is stock borrowing with no notification given to the person that owns the stock. I use Webull for trading and it does have a setting that lets you allow or opt of loaning stocks. Not all companies involved in trading let their customers know what that is, that it is happening, or even let people know they can disallow it.

 

[Picaro]

Computerized trading allows arbitrage buying and selling based on being micro-seconds faster than the other computerized trading among the big boys. Those changes will have zero effect on the real disparities in the Big Casino.