As a content creator within the finance space, there's a lot of high highs, there's a lot of low lows and there's also some days where there's a lot to talk about pure insanity, pure chaos, it's like the thunder dome broke loose and then there's other days that Nothing's going on it's like watching paint dry and you really have to reach to create some content. Well, when i woke up this morning, i quickly realized we were in the bucket of the former. My notifications were losing their mind and i started to see what all these notifications were about. They were all about one thing: apparently, the sec.

The securities and exchange commissions has a youtube channel and you know they're cool, like hey. Follow me on myspace: let's be friends like that type of a vibe. Well, anyway, they recently put out a video that was called meme stocks and everyone's like dude. Is this real? You got ta react to it.

This is insane like you're gon na lose your mind. So many people reaching out - and i had the fortune and pleasure of being able to watch it for the first time with some of my closest digital friends, thousands of them, i got to watch it with you and boy. Oh boy, was it insane in fact now that i've had a couple hours to really think about it? I think it's more ridiculous than my initial reaction. The fact that the sec took the time and the resources to make this video instead of i don't know any of the other things that their job actually should be like related to and require it's insane.

It's absolutely ridiculous. They're really distorting history in a way that retail traders and investors are stupid. They don't know what they're doing they don't do. Research and everyone else in terms of wall street politicians, the sec, everyone who's against the average retail person they're all right.

It truly is a distortion of history. Now in this video. Obviously i give you my live reaction. I want you to listen to that because there's a lot of things.

I want to point out about the video that i just think are like clearly wrong, but on top of it i attach it to something else that is going on in real time that, in my humble opinion, the sec should be looking at, but instead they're like No man, let's go, make a youtube video. Hopefully we get a couple likes. You know if you enjoy this type of reactionary type content. Let me know by dropping a like leaving a comment and don't forget to join up with the moon gang by hitting the subscribe button enjoy.

Let's give it a listen and see what everyone's talking about. Welcome back brad, it's your investment hang on. What do we have here? It's like a game. Show stocks on margins stock ticks from your uncle crypto to the moon.

Tulip bulbs: yo is the sec. Calling me out right here. Are they trying to say that we shouldn't invest in that's bullshit uh guaranteed returns, fomo all right, let's see what this confused looking guy does. I assume he picks meme stocks i'll take meme stocks, invest your investment julie, i'm gon na.

Do some research first well played julie? Hopefully we can do research, so he picks meme stocks, which media called it and then we're so stupid that we get hit in the face with pie. This doesn't make sense to me because, like the whole thing is like you shouldn't just buy meme socks, you should invest like that's the whole point of this other character right here, this woman, but what's funny about it, is this whole thing on wall street bets subreddit, Keith gill aka like deep fm value, roaring kitty. It all came about by an immense amount of research in immense amount of research and since then of realizing that gamestop had a massive massive short interest of 140 it. This wasn't just like we're buying it we're buying it was.

It was because of research. So the fact that there's a pie in the face so stupid that it's just literally opposite of what played out in reality like that's, not how this came about it came about by, like many many people doing a lot, a lot of research. You can do research, investing is not a game. Always do your research before making an investment decision learn more at investor.gov before you invest investor.gov so that last part there like you, should invest or you should do research before investing and training.

I 100 agree with that, but it's more of the point of this is the connotation that, if you're in meme socks, you've done no research and you're so stupid. Hence the pie in the face which is like honestly just disrespectful and then, when you really think about it, so not only is it just like logically incorrect, but this is the sec. The sec is funded by congress. Congress is funded by us, so our taxpayer dollars like you as a taxpayer me as a taxpayer.

Our money funded this and like what are they trying to get across like i just the message they're trying to get across, which is obvious. Is that, like, i guess, meme stocks, if the only reason you're in them is because you've done no research and you're stupid? Well, it's like a double kick in the balls because, like i think, they're wrong on that from my like own personal opinion, but then i apparently also assisted in paying for this to get created. There are so hell-bent on talking about this, which, once again, i understand why it has almost no likes invested mania, meme socks, uh, because there's so much more serious things for them to actually do. Let's talk about the duopoly of market makers citadel and vertu who, because of their like payment for order flow business model and paying for that order, flow from robinhood from weeble they're controlling 50 to 60 percent of transactional volume, they're for-profit players with a lot a lot Of power, in fact, you watch citadel as soon as they start controlling about 50 of the game like when they get over that that's when they pull their foot off the gas and like kind of let vertu pull up a little bit just so they don't really Get hit with being like antitrust rules and being called a monopoly.

What about the opaqueness and ftd reports? Why does it take multiple weeks for us to get something? Why is the settlement cycle too long when so many people in congress right now are saying yeah? It's like comically long. What about all these things still related to bernie madoff and people getting screwed over like to me their particular house is so incredibly out of order and then they're like yeah. Let's make this video like what the fuck that's insane look at what just came out. I have another article i want to quickly quickly share with you.

Where is it right here? Congressional investigators find substantial reason to believe republican, reps, pat fallon and john rutherford violated a federal stock law. You might be thinking but matt, it seems like you just talked about political insider training yeah. I did because it happens that often, but thank the lord. The sec is doing the best with their resources and making dumbass videos like this one, instead of taking care of arguably very serious moral, ethical and legal infractions from the people who are supposed to be making rules for us, this is insane the u.s house's independent nonpartisan Office of congressional ethics has determined that there is substantial reason to believe the republican reps, pat fallon of texas and john rutherford of florida violated federal law and house rules by improperly disclosing their personal stock trades.

So obviously this is against the stock act. You know and remember like the sec should be looking into this, but you have to look into the reasonings for like why they couldn't follow the rules like it's hilarious, it's pure comedy or maybe you're gon na devolve into a fit of anger. I don't know it's a 50 50 shot anyway. Rutherford failed to properly disclose five individual stock transactions worth as much as 75 000 that he made in late 2020 early from, and this prompted them to look into him more and they realized from the period of 2017.

To 2021 rutherford had improperly reported 157 financial attractions, valued between 652 000 and 3.5 million, so he was doing it for years and years and years not doing it right. Fallon, on the other hand, was months late, disclosing dozens of stock trades during the early to mid 2021 era. Together, they were worth as much as 17.5 million dude, both of you you're in congress. You should be serving your constituents.

Instead, it looks like you're fucking a degenerate on robin hood, ripping trades and then not even reporting the way you should, when you have up to 30 to 45 days to report it anyway. It's not like one of these things that, like these rules are overbearing, like i had a report that day, but i was doing this this and they have over a month folks. This is insane, but the the reasonings for it are the best fallon refused to cooperate with the review by producing a limited set of documents and by declining to be interviewed. This non-cooperation undermined the oce's ability to verify the representative fallon's overall stock act, compliance and to fully assess the reason for his late filings.

So one of the watchdogs who are looking into him, the investigators are like yeah. He just literally chose not to work with us and they're like it's kind of like a like a aw shucks. We tried to get him, but he just didn't want to work with us. So like we don't know what to do literally refused to cooperate.

Fallon said he thought he had disclosed the information annually, just as he had done when he was serving in the texas legislature, so basically he's like, but in the last job i only had to do it once a year. I don't know why, like you're so up my ass about my trades this year and the best part is he got caught. Fallon paid the late penalty paid 600 in total fines, so you're telling me for improperly disclosing trades that amount to 17.5 million dollars million with an m the penalty. After refusing to cooperate, you trade, 17.5 million worth of stock.

You don't report it properly. You are an important elected position. You refuse to cooperate with an ethics committee and then, after that, when you're, like oh shucks, i was you got me like dead to rights: okay, cool i'll pay. 600.

So the scenario is the sec: has time to make videos like this, not only where they call out meme socks, but potentially more aggressively they're, saying how you shouldn't be in tulip bulbs, which is insane so instead of doing that like well we're gon na do that. Instead of taking care of issues, which i would strongly argue or much more severe like this, it's insane it's so illogical that it could be nothing but a farce like it's so far off the reservation of logical thought of how things should run in a civilized society That isn't just clearly ripe with greed and corruption and, like all this other, like just bullshit that happens in the political sphere, but right now, let's make a youtube video. Let's, let's see if we can get hey, don't forget to like and subscribe. I'm gary gensler like subscribe catch me on tik tok later tonight.

I don't know. Let me know your thoughts in a comment below.