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GameStop: how Reddit amateurs took aim at Wall Street’s short-sellers


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2 hours ago, Angry ginger said:

as i said the intentions were good,  execution was terrible with rules that made no sense and many that didn't truly help consumers.   Some input by the industry could have made it palatable for all but academics really understand nuances.    The lack of oversight and selective enforcement while refusing to issue clear guidelines was terrible.  You could literally ask them if this was OK or not and they would refuse to tell you and just decide when they felt like fucking with you.  That is not the way to run a regulatory agency.  

It’s always been interesting to get an insiders perspective.  The average consumer isn’t really exposed to many of the nuts and bolts of it.  I used them four or five years ago for assistance in getting some derogatory information removed from my wife’s credit report and that worked okay.  

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