Guess who has to produce nearly four years of trading data??
@Nasdaq does
First FINRA. Now Nasdaq. Who’s Next??
“
@Nasdaq just LOST its Motion to Quash.
Translation:
This investigation is very much ALIVE.
For months, some people mocked and undermined the Trustee’s efforts, claimed discovery would never happen, and acted like every subpoena didn’t get served initially and that it would be crushed before daylight. Instead, the wall keeps cracking.
FINRA discovery.
Now Nasdaq discovery.
And the Court explicitly referenced separate pending motions involving Citadel, Virtu, and Anson.
Interesting times ahead.
Turns out Rule 2004 is not just a decorative suggestion.
To the Trustee and legal teams, incredible respect.
It takes courage to walk into rooms filled with institutions that have virtually unlimited resources and say:
‘Produce the data’…”
-
@palikaras
$MMAT $MMTLP $TRCH
@kimkep4796