I'm saying the mechanism that makes it possible is normal, there's nothing sinister about rehypothecation per se. It's true that GME was unusually highly shorted, but that had nothing to do with market structure and more to do with the business fundamentals specific to GME
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Replying to @drewg__ @jasagaxbt
The current market structure allows this practice through the DTCC because of deregulation. Citadel was already banned from trading in China for 5 years for “malicious short selling” and “market manipulation”. If US regulatory loopholes didnt exist would >100% SI been allowed?
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Replying to @HiiighKevin @jasagaxbt
Yes, if securities laws were completely different then certain activities would become illegal, that is how the law works. I'm not sure what you are trying to say. My point is merely that rehypothecation is perfectly normal under current law and that the SEC found nothing wrong
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it isn’t worth engaging
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Trying to do my best in good faith! Hopefully I am rewarded with the same


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Replying to @theemilyaccount @drewg__
imo talk to women in the replies not apes
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i've been reading a lot of the Raw Milk Nationalist these days and he says that the only way to talk to women is to first establish dominance over apes
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drew Retweeted Dr. Yoshi Matsumoto
Same guy?https://twitter.com/FrogTroubadour/status/1449212541377318913?t=HgeyBFSocEj1SjDtz2U1kQ&s=19 …
drew added,
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hold on Back Up! Why are you reading them?
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Now this, *this* is mixing it up in the replies
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