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/biz/ - Business & Finance

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>> No.55205535 [View]
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55205535

It's a bunch of shell brokers operated by the NSCC running an algorithm that rigs the market. The NSCC deals with clearing the trades needed using these shell brokers as conduits while their sister organization, the DTCC, hides the evidence of all the extra shares flooding the market. Companies who notice this can't even complain about it because Cede is their fiduciary. When you look at who is operating these organizations it becomes immediately clear who the beneficiary of this is and why regulators are impotent to stop it. THIS is why the Federal Reserve was trying to retroactively legalize their shorting of individual stocks.

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