this post was submitted on 07 Dec 2023
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Resolving the "phantom shares" menace AKA fake MFing shares (twitter.com)
submitted 9 months ago by MozooZ@lemmy.whynotdrs.org to c/theppshow@lemmy.world
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  1. Real fine$ for FTDs [NO "margin call" waivers at NSCC's whim]
  2. Mandatory Buy-In
  3. If Buy-In fails, raise offer$ until it closes
  4. Suspend & close accounts of brokers who FTD
  5. Create criminal law for BDs who harm #HouseholdInvestors
  6. Give power back to states @NASAA
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