It will be reported sometime around 11/17/23 that Jim Chanos closes his hedge fund after 38 years
FTDs are stocks that need to be purchased or returned if they were borrowed.
(Original link to X Post) reddit user RingingBells comment: Avi Perry is the DOJ official that now works as lawyer representing Citadel. Credit to user ‘Merica who did an excellent job sourcing user annie post’s post “Avi Perry, who has led the Fraud Section’s market integrity and major frauds team for two years, has joined […]
Links to video interview can be found in the source linked to this specific timeline event.
This would mean rather than looking for best price for their customers by trading in the public stock market, they were doing their customer’s trades privately in order to get better prices for themselves and partners.
Based on this discovery, it is speculated the SEC may have mislead Congress either intentionally or unintentionally,