The most important roundup of news for AMC April 12 2021

“Better Markets” files an amicus brief (addendum to the lawsuit) against Citadel to prevent Citadel from succeeding in stopping the SEC’s plan to implement a new type of order (“Delimit Order”) developed by IEX.  This new “delimit order” would essentially prevent Citadel and other hedge funds from engaging in high-frequency trading and stock price manipulation via the use of sophisticated equipment and non-public information that give them a huge, unfair advantage over retail investors in the marketplace.