Did Bill Ackman get called in to testify for his CNBC stunt? The fake weepy voice telling us it’s the End while selling his Swaps? Than buying solid stocks(CMG, MAR, H ect) his fear mongering caused to collapse? CNBC had people calling in to get him off the air.
Well of course there will ALWAYS be vultures who go after people who they always think have got a "windfall" to see if they can get a piece of their pie because they themselves are mediocre idiots who can only survive by being parasites to others. Hope that lawsuit is dismissed. There is no rule that says that somebody who's got a trading license cannot trade for themselves. It's like saying a doctor cannot treat himself just because he has a medical license. Doctor House would be in so much trouble... LOL
FINRA and the SEC have reams of rules about licensed users trading, balance in statements, and approvals that may be required. If it's a classic pump and dump, both his employer and he could have massive liability.
Nope. His ex-company could sue him for failing his compliance but there is no point to do so. Nobody lost money from the firm's clientele and he is not there anymore. You may want to watch his videos first before you try to form an opinion.
Unsophisticated options seller blowing up... did I ever hear about that before? ;-) Only, by picking GME for this, he set sail towards blowing up at hypersonic speed.