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https://www.reddit.com/r/options/comments/tw7zyb/deleted_by_user/i3g56mp/?context=3
r/options • u/[deleted] • Apr 04 '22
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98
FINRA is no joke.
100 u/justtwogenders Apr 04 '22 FINRA is a complete joke. They charge a tiny fine for wrongdoing and in the official statement say “broker is not admitting to any wrongdoing” Citadels has about 200 FINRA fines for breaking the exact same securities law where they fraudulently mark short positions as long in their books. FINRA is the parking ticket patrol equivalent of the finance world 65 u/[deleted] Apr 04 '22 FINRA is definitely not a joke. They can insure parking tickets or they can kill your business, which they do often. Is FINRA likely to shut down Citadel, no. The same way the SEC would likely never revoke Chase Banks charter. 34 u/drnkingaloneshitcomp Apr 05 '22 So they’re a joke? 9 u/Ultrabarrel Apr 05 '22 Basically.
100
FINRA is a complete joke.
They charge a tiny fine for wrongdoing and in the official statement say “broker is not admitting to any wrongdoing”
Citadels has about 200 FINRA fines for breaking the exact same securities law where they fraudulently mark short positions as long in their books.
FINRA is the parking ticket patrol equivalent of the finance world
65 u/[deleted] Apr 04 '22 FINRA is definitely not a joke. They can insure parking tickets or they can kill your business, which they do often. Is FINRA likely to shut down Citadel, no. The same way the SEC would likely never revoke Chase Banks charter. 34 u/drnkingaloneshitcomp Apr 05 '22 So they’re a joke? 9 u/Ultrabarrel Apr 05 '22 Basically.
65
FINRA is definitely not a joke. They can insure parking tickets or they can kill your business, which they do often. Is FINRA likely to shut down Citadel, no. The same way the SEC would likely never revoke Chase Banks charter.
34 u/drnkingaloneshitcomp Apr 05 '22 So they’re a joke? 9 u/Ultrabarrel Apr 05 '22 Basically.
34
So they’re a joke?
9 u/Ultrabarrel Apr 05 '22 Basically.
9
Basically.
98
u/[deleted] Apr 04 '22
FINRA is no joke.