AMC June 29 Timeline

The most important roundup of news for AMC June 29 2021

  1. Trading212 will likely see a boycott and exodus of clients after changing its terms and conditions to force clients to lend their shares.
  2. Sean Williams of Motley Fool once again proves why he is the biggest douchebag in all media by claiming that retail investors are manipulators, while hedge funds are completely innocent of any wrongdoing.
  3. The SEC hires New Jersey Attorney General Gurbir Grewal to serve as Chief Enforcement Officer.  Better Markets President and CEO Dennis Kelleher, who advocates for tougher finance industry oversight, said Grewal “appears to be the opposite of a Wall Street defense lawyer, which is a welcome break with the past, and exactly what the SEC division of enforcement needs.”
  4. Adam Aron files an S-3 with the SEC to withdraw bonds containing 200 million shares that hedge funds were using to short AMC.