Nanex Gets $700k Whistleblower Award from SEC

Re:Nanex Gets $700k Whistleblower Award from SEC by ethbro on Wednesday March 02, 2016 @02:36PM (#11212386)

If NYSE wants to lobby for laws to be changed, then they're welcome to do that. Just like Uber or Airbnb when they get hit with fines.

But the law's the law. "It doesn't make sense" isn't a valid defense.

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Re:Nanex Gets $700k Whistleblower Award from SEC by EdHominem on Wednesday March 02, 2016 @05:37PM (#11213611)

Imagine that they're providing free firewood to the public - what obligates them to provide the pickup trucks?

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Re:Nanex Gets $700k Whistleblower Award from SEC by ethbro on Saturday March 05, 2016 @12:58PM (#11230201)

The law, in the same way we regulate many markets that can only efficiently support fewer participants than would be required for a fully competive marketplace.

Usually due to capex: energy infrastructure, network effect: financial, or limited availability of resources: wireless spectrum.

If it's in the public interest to have trucks and no firewood seller would otherwise provide them. That's absolutely something government can (and IMHO should) mandate in exchange for a firewood license.

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Re:Nanex Gets $700k Whistleblower Award from SEC by EdHominem on Sunday March 06, 2016 @08:57PM (#11236613)

Well I demand that my free server have 128GB of ram, and holograms. Fucking fatcats.

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