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A few years ago I was asked to re-write a Finance Law unit and then teach it.
It was educational.
Market manipulation is a crime, but the most serious prosecution ever made in Australia was not against all the people who do this for profit. It was against @jmoylan2
It was educational.
Market manipulation is a crime, but the most serious prosecution ever made in Australia was not against all the people who do this for profit. It was against @jmoylan2
I expect we‘ll see similar dynamics play out with this Reddit trading against Hedge funds short selling.
Clearly the way hedge funds manipulate the market in order to profit from short selling should be the real issue. But I doubt that’s how this will be resolved.
Clearly the way hedge funds manipulate the market in order to profit from short selling should be the real issue. But I doubt that’s how this will be resolved.
On a total side note: I made half the unit about the FOFA reforms and made the assignment a question about analysing the govt’s proposal to roll back these newly introduced protections against corrupt financial advisors.
The following year, a student from the unit contacted me to say that as a result of the unit he’d decided to apply for a job at Australian Ethical Investors (and got it). It’s a small thing, but it made me happy. (The students were mostly finance students. They were great too.)
