The SEC published a list once a day of all the stocks they found illegal naked short selling in. Then they just fine the banks 15 million!

The REG SHO is a list from the SEC of all of the stocks they’ve found illegal naked short selling in for five consecutive days. Naked shorting completely breaks the natural supply and demand of the stock market and is extremely illegal. But all they do is fine the banks $15 million. While companies go under, jobs are lost due to it, and investors savings are vaporized. They need to be jailed!

Am I the only one who gets outraged by this? The SEC said that everything on this list is under investigation, but nothing ever comes from it. GameStop itself was on this list for over 30 days before the squeeze. A stock has to have five or more consecutive days of illegal shortselling to appear on this list.

Merrill Lynch fined 17 million. Goldman Sachs fined a 15 million. UBS fined 12 million. Morgan Stanley fined 7 million..and the list goes on…