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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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kknightmcc
From: Savant1/26/2014 6:43:53 AM
1 Recommendation  Read Replies (1) of 5034
 
Naked short selling, manipulation, front running....all the same, same....ILLEGAL...

http://www.zerohedge.com/news/2014-01-25/bank-america-caught-frontrunning-clients

...So while HFTs frontrun all equity retail trades in open markets, major banks frontrun all institutional block equity orders in their own dark pools, we find out that bankers also just happen to frontrun clients in "you name it" over the counter product, where the only reason to be involved is to take advantage of the low margin - something JPM's CIO did quite aggressively and quite well until it blew up of course.

But the best news: we finally know how it is possible that every bank reports quarter after quarter of near uniform trading perfection and close to zero trading day losses.

Finally, our question for the regulators: in a Volcker world in which banks are supposedly not allowed to trade ahead of their clients, why are banks, well, trading ahead of their clients!?
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