Marcel Kalinovic, the Butcher of Wall Street, is back on the show to discuss the SEC charging Citadel for marking shorts as longs and has fined them $7 million. We also talked about the AMC dividend, the border crisis in America, and the US election!
https://www.sec.gov/news/press-release/2023-192
“The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires broker-dealers to mark sale orders as long, short, or short exempt.”
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