Let's Talk Markets

This week we start off by celebrating the Beta release of urvin.finance and bring on special guest Alex Cohen (aka u/StonkU2 to the reddit community!) to discuss the journey that has brought us to Beta release as well as our future! Alex currently serves as Urvin's COO but his true calling lies in being a trusted wrinkle-brain among the ape community! We also explore the topic of the week- the...

It looks like the private party is over for cryptocurrency.  Last week, the SEC filed two suits in rapid succession, accusing leading cryptocurrency exchanges Coinbase and Binance on trading unregistered securities. In doing so, the Commission is making an important claim, one that will likely shape the future of virtual currency.    In short, the Commission says cryptocurrencies are securities. I...

This week we discuss SEC waivers granted to those with the elite 'WKSI' status. In 2005, the SEC introduced an innovative new issuer category called Well-Known Seasoned Issuer status. Qualifying for this status is a license to party.  As a WKSI, you have access to SEC-issued waivers. These are granted in the event of a criminal conviction. The way the SEC explains it, “A waiver, which coul...

If you’ve been following along, We The Investors (WTI) kicked some serious ass on our comment letter campaign. With more than 5,300 comment letters, we demonstrated clear, widespread, and well-informed support among individual investors for the SEC’s equity market structure reforms including: Regulation NMS Regulation Best Ex; and  The Order Competition Rule. Rest assured, you have been heard. The...

Last week, Robinhood announced that the app-based brokerage will now be providing customers with access to 24 hour trading. This week we do a deep dive into why that's a bad idea for retail investors, for multiple reasons.

Last week, the American Bankers Association urged federal regulators to investigate the sudden surge of short sales on publicly traded banking equities. The Association described the short sales and the resulting stock price failures as "disconnected from the underlying financial realities.” The big takeaway here—we simply don’t have enough visibility into short selling. We can’t know the pos...

This week Dave discusses the SEC Oversight Hearing with Chair Gensler, the SIFMA Roundtable ( here's the link if you'd like to watch ) and the 35,000 signatures collected by WTI so far on the most recent SEC letter.

This episode was recorded a few weeks earlier than its publish date. This week Dave discusses the recent We The Investors interview with Gary Gensler regarding DRS, PFOF, and more. The 2nd Gary Gensler interview can be found here: https://www.youtube.com/live/a2Ao3DjvjB4?feature=share

This week Dave talks about some of the industry comment letters on the recent SEC proposals regarding the Order Competition Rule and tick sizes.

This week on Let's Talk Markets, we discuss the close of the most recent SEC comment period and the stark contrast from Citadel's 2004 comment letter regarding their position against the Order Competition Rule, and their opposition to it now. We also discuss next steps and how individual investors can stay engaged in the rule-making process through We The Investors.