Small investors are being "squeezed" out of the market in a reverse RobinHood?

Strange times, we’re living in! When Ted Cruz agrees with AOC, what next in the Bizarre Media? The Wall Street Robin Hood, steals from the poor to give to the rich?

The same rules should apply to everybody—rich & poor alike. On Jan 28th,Ted Cruz Tweeted that he “Fully agrees.”  With  @AOC (Alexandria Ocasio-Cortez). She Tweeted, “This is unacceptable. We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I’d support a hearing if necessary”.

Strange times, we’re living in! When Ted Cruz agrees with AOC

Another blow to the peasants, was dealt by Senator Whitehouse, on the Panel that oversees the IRS asked the Tax Agency. The Senator wants to Strip Conservative Group of Non-profit Status Over COVID-19 “Superspreader” Events. This is reminiscent of the Obama Internal Revenue Service’s (IRS) witch hunt that killed the Tea Party. The Senator wanting to revoke the Turning Point USA, student charity’s nonprofit status. because it held a conference that may have ( but did not), spread COVID-19. In a letter to IRS Commissioner he also cited a Trump event that he wanted to go after.

The Elite Bankers and U.S. Treasury Secretary Janet Yellen is supporting financial market big guys. The RobinHood fiasco was involving one of her last private sector business relationships. Citadel, the ownership in RobinHood. The hedge fund Citadel LLC emerged as one of the winners in the trading scandal last Friday, involving GameStop Corp ( GME ) - and questions arise over whether the  system is rigged against the small investors

Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop ( GME )  Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates.

All the financial industry people want to get a foot in the door of the Federal Reserve bank, so Yellen  will now get any scrutiny from them. Yellen has only worked as an academic and for the government, not at a financial firm, like most of the previous Fed Chairs have.The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system. Many are questioning conflict of interests concerning Yellen. She has received $700,000 in speaking fees, that she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials, though that will not be enforced. After ethics violations historically, have not been prosecuted in any administration. "This example is a good test of Biden's ethics executive order and the transparency that follows the pledge, but it also highlights the greedy, revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs," said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.

Yellen filed that she would "seek written authorization to participate personally and substantially in any particular matter" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm.

Yellen received speaking fees from Citadel and financial companies like Barclays Citigroup and Goldman Sachs.

Yellen received speaking fees from Citadel and financial companies like Barclays Citigroup and Goldman Sachs. Volatility from Gamestop ( GME ) and similar retail investor revolts against short-squeezes, are fueling a revolt into a systemic event that sends markets crashing broadly.The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability and break up companies. Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.

A short squeeze occurs when short sellers borrow an asset, sell it and try to buy back at lower prices. If the asset's price rises sharply, short sellers are forced to buy back at higher prices to minimize their losses, getting "squeezed" out of the market.

Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter. The SEC said Extreme stock price volatility "has the potential to expose investors to rapid and severe losses and undermine market confidence. "Some Reddit posts talk about taking on JPMorgan Chase & Co., a large precious-metals trader and the nation's largest bank. It also mentioned silver stocks. IAU shares are also up. this is an ETF of ISHARES GOLD TRUST.

Many trading platforms were halted for small investors on Friday. Then, on Monday 02/11/202,  TD Ameritrade stated that “Volatility is unlikely to fade fast, highlighted by overnight reversal. In the interest of helping to mitigate risk, we have put restrictions in place on certain securities. Restrictions may include actions like increasing margin requirements or limiting certain types of transactions in the current market conditions. The list of impacted stocks, on TD Ameritrade: