
BobbysTrades
8.6K posts

BobbysTrades
@Bobbysview
1st time Twitter user. I started this account to follow MMTLP and MMAT specifically. https://t.co/WVKt86NtXB https://t.co/K2ltip41Ft


SEC wants to DELETE Consolidated Audit Trail data older than 3 years right as the MMTLP bankruptcy trustee needs it for discovery in federal court. Destroying evidence in an active case? You can't make this up. This is the trading data that could finally show what happened with the halt, the shorts, and the synthetic shares. MMTLP Army, it's time to act. Demand a preservation order and subpoena for the CAT data now. Tag your reps and push hard.


🚧🚧🚧 Is the SEC SERIOUSLY about to DELETE data relevant to a FEDERAL BANKRUPTCY COURT INVESTIGATION??? @Metamaterialtec Welcome to The MMTLP Fiasco...YOU CAN'T MAKE THIS SH^T UP!!!...I suspect this is not going to end well for the SEC if they do. Afterall, The MMTLP Army is the one who TURNED-OVER Former Chairman Gensler's DELETED TEXT MESSAGES. #FOIA Maybe the US BK Trustee should consider a PRESERVATION REQUEST followed-up with a SUBPOENA? Considering the CAT data is supplied daily by national securities exchanges (NASDAQ), FINRA, and broker-dealers, maybe this will bolster Meta's Trustee's argument for complete and immediate discovery??? Restraining Order? Emergency Injunction??? NO CONCESSIONS FOR YOU, FINRA!!! @Palikaras @JWesChristian Are we headed for a show-down between the EXECUTIVE and JUDICIAL Branches??? TRCH MMAT MMTLP #Relentless FULL PRESS RELEASE: sec.gov/newsroom/press…



FOIA is supposed to provide the public with transparency regarding government actions. Yet my winning FOIA lawsuit against the IRS shows how corrupt government officials routinely violate FOIA to cover up their own unlawful conduct. Read the ruling here: 9fraud.com/federal-court-…









If I were ever to work for a government agency, it would be the anti-fraud task force because that’s exactly what journalists should be doing in the newsroom: exposing fraudsters, not acting as activists with a pen. Sign me up. Thank you @NEWSMAX


Looks like we've caught FINRA in another lie!🤥 FINRA pulled #MMTLP bluesheets exactly 7 days before the record date. MMTLP was permanently halted just 4 days later. FINRA then claimed unresolved short positions/FTDs had nothing to do with their decision to halt MMTLP #FINRAFraud



I agree, with you Ann and George when you say they didn't fail, they chose. FINRA halted MMTLP trading in December 2022, citing settlement concerns after the corporate action. Yet CAT data, blue sheets, and full visibility were available. Apparently even Pete Sessions had a look at the BLUE SHEETS. Instead of pursuing reconciliation, buy-ins, or a close only process, the halt ended price discovery & shifted unresolved positions into private disputes. This allowed FINRA to invoke SRO immunity while exercising delegated authority. Congress and the SEC should resolve this. ABOLISH FINRA, or remove the immunity that lets it operate without full responsibility to investors. No more dual roles!





George, this is exactly the line that exposes the entire fraud. They didn’t fail. They chose. They froze a market with known imbalance. They protected Wall Street counterparties. They buried evidence inside “private dispute” language. They shut the door on price discovery to cover the crime. CAT data exists. Blue sheets exist. Visibility existed. Authority existed. Taking appropriate Aaction did not. Why? Because reconciliation would’ve exposed the synthetic shares. Because forced buy ins would’ve exposed the naked shorts. Because a close only exit would’ve exposed who couldn’t deliver. So they halted it. FINRA wants to play both sides. Private when liability shows up. Government when power is needed. That game is over. FINRA is trying to have their cake and eat it too. You don’t get immunity and zero accountability. You don’t get delegated authority and no duty to investors. Congress needs to stop pretending this is complex. This is simple: Either FINRA is the government. Or FINRA is liable. Right now, it’s neither. That’s where the corruption lives. #MMTLP



In Dec 2022, FINRA intervened in a market where settlement integrity was unresolved. @annvandersteel Instead of enforcing RECONCILIATION for stockholders (the ONLY lawful mechanism available under current securities law), they unilaterally (and without notice) TERMINATED price discovery, allowed the corporate action to proceed, and converted unresolved market positions into private contractual disputes. They did this knowing full well, that FINRA would simply then be able to hide behind its infamous SRO "ABSOLUT" immunity. However, they made a strategic mistake. As evident in the attached FINRA letter to NBH, dated May 2023, the subsequent FAQ and FOIAs, they managed to selectively characterize itself as a limited PRIVATE entity avoiding responsibility, while simultaneously discuss how they exercise government-delegated authority when they take market-wide actions, such as the Dec 2022 U3 trading halt of #MMTLP. The SEC or Congress must now chose for them: 1. either turn FINRA into a full government entity, OR 2. remove their immunity. You only need to look at how Korea, Saudi Arabia, Switzerland etc have recently regulated to secure their markets, and taken the fight to these dark pool synthetic/abusive market pundits and protect their investor communities. Post-hoc explanations cannot justify action. The two MMTLP FAQs released by FINRA were abominations, and contradictory/confusing. The real FAQ regulators won’t answer: If the system had -CAT data -Blue sheets -Full trade visibility, and -FINRA ordered blue sheets for MMAT and MMTLP prior to the spin off... Then why not: 1. Reconcile shares? 2. Force buy-ins? 3. Allow a close-only exit? Source: dropbox.com/scl/fi/nb59dhb…






