“intersection of finance and technology” my arse.
Allowing payment of HFT order flow, locking retail traders out + allowing systemic-risk-sized leverage on uncollateralized assets is akin to organized crime syndicates - optics of @SEC as cop on-the-take protecting the bad guys.
About 6 months ago, a stock went from $20 to $480 and back down to $40, all in a matter of weeks.
I think these events are part of a larger story about the intersection of finance and technology.
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