Today I Want to talk about how the Dtcc has been selling Insider Information Short Sellers I Want to explain how this has been keeping these short sellers afloat, but how it's all about to come crashing down for them. So stay tuned and let's make some money. And now I'm going to dive straight in with the curation. So unusual.

As a 2010 breaking news, the Dtcc is leaking sensitive trading data. But not only that, they're selling data that sophisticated Traders can use to profit at the expense of more traditional retail investors. Now, this isn't just some, trust me bro information. this comes directly from a Wall Street Journal article.

It says an Insider report from an Institutional brokerage says the Dtcc is selling data that sophisticated Traders can use to profit from retail investors. This is the Dtcc is leaking sensitive training data via two little known data feeds. Now, the Dtcc has obviously disputed that report by saying we categorically reject any claim that our data products reveal or could be used to reveal potential information. It says Mr Keady said the DTC Sees feeds anonymize the firms and individuals doing the trading provided only aggregated data across many transactions and came out with a delay.

But still. a number of money managers have said they're worried about harmful impacts from the two data fees called Equity Kinetics and Investor Kinetics. They said it seems inappropriate that the information that we must provide to settle trades is repurposed in a manner that directly harms our clients. and the Dtcc's financial statements even show that in 2022, its revenues from data related Services grew 15 to 56 million dollars and this data that's being sold.

All these data feeds can be used as inputs for computerized trading strategies. AK High Frequency trading Firms. Now, you may be asking saying, Tom Who exactly is buying this data from the Dtcc? Is it anyone nefarious? Well, I Think to get a good idea of who exactly is buying this data, we should look to the largest and most trusted Dtcc customer. Which customer was the very first to clear both the treasury and repurchase agreement through the new Dtcc platform.

Or you guessed it, it's none other than Citadel Securities 2019. This article said that Citadel last month became the first firm to clear both the treasury and repo agreement through a new Dtcc platform. Clearly, Citadel also favored by the Dtcc. They even use Citadel to demo new trading platforms and new products.

So if they use Citadel to demo and trial new products, it wouldn't surprise me except that I was also the very first customer of this day to the Dtcc is selling. especially because we know that Citadel does use algorithms and high frequency trading practice to take advantage of retail investors. Now obviously. I'm sure there's no surprise that I think this is completely and ridiculously illegal, but it's good to see that it's not just retail investors like me that think this is wrong, but it is actually good to see that some other hedge funds out there are thinking the Dtcc is clearly overstepping the mark.

They've obviously realized that these large hedge funds like Citadel Buying this data from the Dtcc aren't just profiting off of retail investors, but they're also profiting above other hedge funds out there as well. And that's why some of these hedge funds are now standing up and exposing this in the public eye, sending it straight to the mainstream Media news places and I imagine that considering this has been released from the mainstream Media News I Imagine what's actually going on is even more Sinister than the Wall Street journalism make now I Believe this is something that's obviously going to be seen in the Wall Street Journal and picked up by other Senators that are going to end up discussing this in the Senate at the Fairden at the White House and I do hope it leads to a massive clamp down on these hedge funds like Citadel Securities Now why exactly is this a big deal and how exactly is this been Keeping short sellers afloat? Guys, be sure to sign up to move the sponsor of today's video by signing up using the link in the description below. you can currently receive up to a whopping 15 free shares entirely commission free trading Free Level 2 Market Data and most importantly of all, Mumi is very easy to use. It's very clear and concise.

Well, recently, SEC Chairman Gary Gensler said that many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared Market where haircuts or initial margin requirements are not necessarily applied. But he added say this might create greater risk in times of stress, especially when non-centrically cleared markets start applying these haircuts and discounts. Basically, these haircuts where we've seen bonds valued at zero for margin purposes. Well, we've seen Bank stocks valued at zero for margin purposes as well.

And when we've seen equities below a certain price point receiving a massive haircut, none of this has been impacting these Short Selling hedge funds. And that's because these hedge funds are effectively meeting their requirements through over-the-counter Reaper agreements instead of through centrally cleared Reaper agreements During these over-the-counter the trades, they've obviously not been applying these haircuts. and that's why they haven't failed these margin requirements so far. But as soon as some kind of event which I'm going to touch on in a second happens, it will force these over-the-counter agreements and over-the-counter lenders to start applying haircuts OTC as well.

Frank Added saying so Gary is telling me that hedge funds haven't even felt these haircuts over the last two years, and he said that's huge because we've had at least three major haircuts for collateral in that time period. So far, these collateral changes haven't impacted these hedge funds. But what happens when all three of these collateral changes and all three of these haircuts impact all of these hedge funds at the exact same time? What on? Earth are they going to pay with? So it's likely that as soon as this big event happens, even these OTC lenders are going to start enforcing haircuts and enforcing these margin calls and unusual. Well, as a tweeted saying, the FDIC is reportedly going to make an announcement on the deposit Insurance Fund Today, Now we know that since the collapse of Silicon Valley Bank and Signature Bank and First Republic after that, the value of cash held in its Deposit Insurance Fund has been reduced dramatically.

I Think at the start there was something over like 400 or 600 billion dollars, but this has now been dwindled down to below 50 billion dollars. They basically cannot support not even one more bank failure, and Stanimere believes that he already knows what this FDIC announcement is. He tweeted saying according to the FDIC Corporation there were 620 billion dollars of such unrealized losses sitting on U.S bank balance sheets in early March. However, recent estimates have suggested that that loss has increased to nearly 1.7 trillion dollars.

If these Banks really do have 1.7 trillion dollars in unrealized losses sitting on their balance sheet, it wouldn't surprise me if some of these lenders start enforcing haircuts and margin calls through their OTC lending desks. Which is basically going to mean that all of these hedge funds that were just about meeting margin requirements without those haircuts are all of a sudden going to take a massive haircut, fail those requirements, and receive a margin call, and end up being liquidated. And that's why we're already seeing some hedge funds like Softbanks Vision fund reporting an annual loss of 32 billion dollars, the biggest loss in their entire history. It wouldn't surprise me if we start seeing many more hedge funds coming out with giant losses just like this in the next few weeks.

and I Also saw something very, very interesting, which is this tweet from Guardian He tweeted saying, read this: according to Adam Aaron there should be approximately 140 million shares after the reverse split. Now with 3.8 million shareholders, that would be an average of each shareholder holding just 37 shares each. He said, do you really believe the average shareholding for AMC shareholders will be just 37 shares Many users are obviously replying to this, saying that they hold many multiples of just 37 shares with some users holding a hundred times that. and that's why I've been saying that we need to obtain this fullest of shareholders as seen in the Bed Bath and Beyond bankruptcy lawsuit.

I'm not actually sure where this full list of shareholders actually comes from as it obviously shows seed and Co as an individual shareholder. I Don't know whether it comes from the Dtcc or whether it comes from a source higher up, but what I do know is that we need to obtain that same list of shareholders for AMC and prove it in court because that way there's absolute proof of the float being sold multiple times over and then Adam Aaron would be free to speak on it. As Judge Gibson has tweet, he said the only people that knew the true share count picked the perfect time to lock the cue sit down by entering chapter 11 bankruptcy. He said it was no mistake for the judge to list all shareholders above 4.5 percent and when the list goes public, the fund begins.

But guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I put a new video. Cheers!.