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> “If a group gets to gether and discusses some illegal action (such as market manipulation) ...”

Getting together to buy a stock is a long held practice of investment clubs. Whoever wrote this garbage is proposing assault under color of law.

What is ‘market manipulation’?

“Market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity.”

WSB is NOT interfering in the free and fair operation of any market operation.

[Getting together to buy a stock is a long held practice of investment clubs. Whoever wrote this garbage is proposing assault under color of law.]

You may have heard the expression “you may beat the rap, but you can’t beat the ride”. Prosecutors can cost you years of your life and a substantial chunk of your life savings. It’s unfair, but that’s the reality of the latitude for prosecutorial abuse in every criminal justice system known to man. They need these powers to go after seriously loaded and influential criminals. The problem is that some of them abuse their power to go after small fry over chickenshit charges because this gooses their win averages.

And in some cases, there’s an unspoken quid pro quo involved vis-a-vis one of the aggrieved parties. Want future campaign contributions from a hedge fund, or the financial sector at large, in your run for Congress or governor? Persecute Wall Street Bets for their insolence in going after the financial elites. What better evidence that you are simpatico re moneyed interests than the imposition of life terms for the small fry aiders and abettors of this imbroglio?