THE SECURITIES EXCHANGE ACT OF 1934 MAKES IT UNLAWFUL FOR ANY PERSON, USING FACILITIES OF NATIONAL SECURITIES EXCHANGES, TO ENGAGE IN ANY ACT, SCHEME, OR DEVICE THAT WOULD OPERATE AS A FRAUD OR DECEIT UPON ANYONE IN CONNECTION WITH THE PURCHASE OR SALE OF SECURITIES.

17 CFR § 240.10b-5 - Employment of manipulative and deceptive devices

It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,

(a) To employ any device, scheme, or artifice to defraud,

(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or

(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person,

in connection with the purchase or sale of any security.

The Gang Descends on RIDE, AHT, & MPLN

  • As Market Makers Collude with others against Lordstown Motors, Ashford Hospitality Trust, Multiplan Corporation, our Law takes a Hit:

    15 U.S. Code § 78j - Manipulative and deceptive devices

    It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce or of the mails, or of any facility of any national securities exchange—

    (a)

    (1) To effect a short sale, or to use or employ any stop-loss order in connection with the purchase or sale, of any security other than a government security, in contravention of such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors.

    (2)

    (b) To use or employ, in connection with the purchase or sale of any security registered on a national securities exchange or any security not so registered, or any securities-based swap agreement [1] any manipulative or deceptive device or contrivance in contravention of such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors

  • FRAUD! FrauD!! & mORE!!!

Bernard Madoff has long been forgotten...

But, he is ruling the US securities markets from his grave in the form of MARKET MAKERS!

See Again

Shorting RIDE, AHT, MPLN for the manipulation…..

15 U.S. Code §78j - Manipulative and deceptive devices.

See & Read