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"Some customers have seen inaccuracies and delays in the delivery of execution reports. We are working to reach a prompt resolution to deliver the correct execution reports. FIX/RASH was closed down for the rest of the day. The closing cross was completed and all other markets are operating normally," the exchange operator said in a statement.
Now, one of the most famous democratic economists out there warned before the 1.9 trillion went through, he warned, got on the soapbox, told the biden administration don't do it. enough money had been pushed through the american public, we got the shortest recession in history, we went to 2021 with an amazing amount of economic momentum, don't mess it up. what do we have now? inflation at the highest level in over 40 years. we just came off a christmas period. retail sales on friday, down 1.9%. administration is fond of the sayings we had a christmas, according to adobe, 6 billion out of stock...
So the sec looked at these publicly traded companies in the united states that all appeared to be fake. and the sec determined that these were fake companies, yeah. these guys in china were not running companies selling smart phones or drones or cupcakes with or without touch screens. but if you are running, you know, publicly traded entities, there is a lot of rules about not being fake! [laughs] and the sec stepped in and more or less kick those companies off the stock exchange, issuing what is called a stop order. the sec forcibly stop those companies from selling more public shares. and st...
Found so fascinating about this story is the people who had a moral choice then go and create a moral choice. they say to banks who are brokers who direct stock orders, you now have a choice. all these other exchanges are run by high frequency traders and you get the same experience. but here's a different one. what are you going to do now that you have a choice? >> market solution. >> what do you hear some sort of in your airport polling? do people come up to you and think of you as a pop here yow, who is uncovering this? >> a lot of the emogs i think they think the main character in this boo...
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