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Elia Ajram Comment On Regulatory Notice 22-08

Elia Ajram
N/A

This is ridiculous. You let banks come up with ways to increase their monopolies and punish the retail investor? Why, because you can't punish the banks? This is the most anti-capitalist thing I've ever seen in America and it's happening under Biden, not Trump. There is no defense of this greater than the blame shared by unchecked big banks and hedge funds. Truly one of the most misguided attempts at fixing our financial system yet. Why don't you go after Elon Musk's multiple SEC violations that misled investors first? What about Jim Cramer lying to the public about what to invest in to create market liquidity? What about the incredible deception created on the tape by big banks to dupe investors out of their money? We know all banks do that but instead of regulating them, you kill retail investing. Ridiculous.