this post was submitted on 03 Dec 2023
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DRS Your GME

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[–] Chives@lemmy.whynotdrs.org 7 points 11 months ago

That's a rugpull if I ever saw one!

Too bad SIPC doesn't have to pay out if they declare a defaulting broker's operations a ponzi scheme.

https://www.forbes.com/sites/kotlikoff/2014/07/16/the-huge-sipc-risk-your-broker-isnt-disclosing/?sh=7f5e416043e6