Naked Short Selling, Hedge Fund Trader Jailed & Roaring Kitty Cleared - GameStop, GME Update

9 hours ago
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Naked Short Selling, Hedge Fund Trader Jailed, Roaring Kitty Cleared - GameStop, GME Update

Individual investors want a free, fair, and transparent stock market for all investors. With that theme in mind, let's look at some recent developments over the past couple weeks. South Korean authorities fined Credit Suisse for illegal naked short selling worth tens of millions of dollars. A former trader who traded on behalf of hedge funds was sentenced to prison and ordered to pay more than $215 million in restitution. According to the Wall Street Journal, SBF's donations were a family affair. Keith Gill (aka Roaring Kitty, aka DFV) is in the clear after a class action lawsuit was voluntarily dismissed without prejudice by the plaintiff. Let's also dive into the XRT Retail ETF as the ETF has short interest of well over 100%.

Timestamps
0:00 Intro
0:19 Naked Short Selling
0:54 Hedge Fund Trader Jailed
1:51 SBF's Family Involved
2:59 Roaring Kitty GameStop & XRT
5:56 What Individual Investors Want
7:09 Thanks for watching!

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