Comment on Robinhood admits it’s just a gambling app.
UnderpantsWeevil@lemmy.world 2 weeks agoCitadel commands something like 8-10% of daily market volume. They’re the textbook Too Big To Fail investor. SEC won’t touch them for that reason alone.
Flocklesscrow@lemm.ee 2 weeks ago
I don’t disagree, but it’s the whole REASON the SEC was created in 1934.
If anyone needed further proof of end-stage capitalism, it’s this goddamn insistence on regressive everything.