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 11 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 11 months ago* (last edited 11 months ago)

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

[–] PurpleSheep@lemmy.whynotdrs.org 4 points 11 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 11 months ago

I’ll believe it when I see it