Negative-Mood
Negative-Mood t1_j9leqcy wrote
Reply to comment by oboshoe in The SEC is going to track EVERY stock trade by postonrddt
Then they can tie the shell company trades to the beneficial owner as well and we will have our own Panama Papers to review.
Negative-Mood t1_j9lef4c wrote
Reply to comment by L33n1xu5 in The SEC is going to track EVERY stock trade by postonrddt
I love the large volume price swings that happen the day, or days, before news is publicly available. We all know that is insider trading, but SEC rarely does anything about it. Maybe now the will.
Negative-Mood t1_j9nk4kf wrote
Reply to comment by Okbutbushdid711 in The SEC is going to track EVERY stock trade by postonrddt
At least now their agents can use it to investigate reports by whistleblowers and others who notice the behavior. No, I do not believe they will actively monitor for suspicious trading patterns and use the database to actually crack down quickly. Government and bureaucracy moves very slow, and is always at least 10 years behind abuses of technology.