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by ameetgaitonde
1971 days ago
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It might not be fear of a bank run, but of enforcement from the SEC or FINRA for not maintaining sufficient net capital. If they did run afoul of these regulations, it's probably advisable to not admit it on televised interviews. That would also explain why they accepted a $1 billion investment rather than expanding their credit lines, and continued to limit purchases of Gamestop stock. Monday at open, when last week's option contracts are settled, is going to be interesting. |
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