Oje Bare
3.7K posts






JUST IN: SEC approves plan for deletion of CAT (Consolidated Audit Trail) data.

JUST IN: SEC approves plan for deletion of CAT (Consolidated Audit Trail) data.


JUST IN: SEC approves plan for deletion of CAT (Consolidated Audit Trail) data.

JUST IN: SEC approves plan for deletion of CAT (Consolidated Audit Trail) data.


⚖️ MMTLP / MMAT / TRCH / NBH Meta Materials Inc. Bankruptcy U.S. Bankruptcy Court – District of Nevada Case No. 24-50792-gs 📄 Key Filings by FINRA (3/27/2026) 👈 •FINRA Supplemental Brief on Undue Burden •Declaration of David S. Norris (Undue Burden) •FINRA General Counsel Declaration •Motion to Seal + Proposed Order (NOTE: The Trustee’s response is due 4/3/2026.) ⸻ 🧠 WHAT THIS IS (Layman’s Terms) ⚠️ Not Legal Advice The trustee wants FINRA documents to investigate potential claims. FINRA says: 👉 “It’s too big, too expensive, and mostly protected—so it should be limited or blocked.” ⸻ 🔍 FINRA’S CORE ARGUMENTS 🟥 Burden •~5M messages / 2.56 TB data •~$450K–$550K+ to review 👉 “This is excessive for a nonparty.” ⸻ 🟥 Privilege •Attorney-client •Work product •Investigative files 👉 “Most of what you want can’t be produced anyway.” ⸻ 🟥 Scope •Trustee narrowed other subpoenas •FINRA still asked for 4 years + communications 👉 “We’re being asked for far more than others.” ⸻ 🟥 Justification •Trading halt tied to settlement/clearance concerns ⸻ 🟥 Sealing •Safety concerns + threats used to justify sealing (See comments to this post for these filings.) ⸻ ⚖️ WHAT THE JUDGE DECIDES 👉 Is this subpoena: •Reasonable and relevant •OR overly burdensome and overbroad Courts balance: •Need for info •Burden/cost •Privilege limits ⸻ 🚨 KEY TAKEAWAYS •This is a scope fight—not a full stop •FINRA’s burden argument will: 👉 Limit scope, not eliminate discovery •Privilege will: 👉 Shape production, not block it entirely ⸻ 🎤 Bottom Line 👉 FINRA will likely have to produce something meaningful—but not everything requested, and not all at once. Also note that the Judge is well aware of the statute of limitations. dropbox.com/scl/fi/9e6a2tw… dropbox.com/scl/fi/a9bjdxt…

Hearing someone is massively offside short on $ABXX, likely a fund. SEC has layed down the hammer on shortsellers within @AnsonGroupFunds group before: sec.gov/enforcement-li… Escape route for the shorts: 1) hammer the stock, 2) private placement ( @JoshCrumb won't place them)



@EnergyCredit1 This you?! "We have been shorting the hell out of Torchlight for years now....We have made $$$ millions in the process....We offset our borrowing costs by shorting elsewhere...Torchlight's days are counted." #Short #Fuked @nbhydrocarbons @johnbrda @Jweschristian






I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country




