this post was submitted on 29 Nov 2023
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DRS Your GME

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Does this mean that they can't 7se toxic shorts as collateral? (lemmy.whynotdrs.org)
submitted 9 months ago by PurpleSheep@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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I don't trust the sec so I'm sure there is something nefarious going on.

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[–] Arghblarg@lemmy.ca 11 points 9 months ago* (last edited 9 months ago)

No matter, if the penalty for violating this is a small fine nothing will change.

[–] PurpleSheep@lemmy.whynotdrs.org 4 points 9 months ago

So looking closer at ABS, apparently things like student loans, credit card debt, and other loans, like auto and aircraft and business( not mortgage) And credit card debt in America alone is almost 1.1T

I don't know what they consider toxic though.

[–] ZombiezzzPlz@lemmy.whynotdrs.org 4 points 9 months ago

I’ll believe it when I see it