I get the pushback on it is wrong to sign up yet again for another place. The only reason I suggested it is so you can read the logs and decide for yourself how good or how bad they are. I didn't want to share my perspective on how I think they are
I am really happy with this. I think there are still some gaps, but overall, I am quite happy.
The video talk was good especially to see the commissioners talk/argue their points. I also must say, I like the staff getting to respond to questions from commissioners.
I don't think the rules are perfect, but it is a start. I am happy to see some progress in this area.
Anything that can be done to ensure compliance with the rules seems like a great thing to me. If that causes stress on the markets, then the markets were not fair to begin with.
The judge said the record holders would get paid and how beneficial owners were compensated was out of scope. They (beneficial owners) knew the risks of being beneficial owners.
thanks for capturing all of this!
Great job pulling this all together.
Well said
Did he ask you to post it? Do you have his permission to share it? He is certainly welcome here.
"There is no wrong way to hold GameStop. PERIOD. FULL STOP.
That is such a wrong statement. By now we should agree being record holder is better than a beneficial owner.
Great write up! Really informative and love the court cases as citations.
One thing to add is around the concept of anti hedging rules for executives. In the older days, executives would short against their current positions. This is part of the reason section 1259 for taxes exists https://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=1621&context=wmlr
Thanks for sharing this.
"The where doesn't matter"
WOW
great post. thank you
In 100% of the votes reviewed, one share, one vote did not happen.
This (to me) is such an important video. Thanks for sharing.
I get the pushback on it is wrong to sign up yet again for another place. The only reason I suggested it is so you can read the logs and decide for yourself how good or how bad they are. I didn't want to share my perspective on how I think they are
I am really happy with this. I think there are still some gaps, but overall, I am quite happy.
The video talk was good especially to see the commissioners talk/argue their points. I also must say, I like the staff getting to respond to questions from commissioners.
I don't think the rules are perfect, but it is a start. I am happy to see some progress in this area.
Anything that can be done to ensure compliance with the rules seems like a great thing to me. If that causes stress on the markets, then the markets were not fair to begin with.
I'd like to believe SS can get better and improve. I hope the SCC does that, but only time will tell.
Personally, I think there are some big issues that need to be addressed as resolved to splinter some of the groups.
Case Document: https://courts.delaware.gov/opinions/download.aspx?id=252690
The judge said the record holders would get paid and how beneficial owners were compensated was out of scope. They (beneficial owners) knew the risks of being beneficial owners.
Wow, that's interesting.
Exciting stuff
One share, one vote is not something that is always true. That's a major part of the issue.