(maybe a period of time for retail traders to exit gracefully at the locked price).
That’s… not how stocks work. Retail traders can’t sell without a counterparty to buy from them, and the last thing I would want to do is to set up some kind of government entity buying stocks of criminal companies at artificially-high prices just to bail out investors.
Besides, even retail investors should’ve done their due diligence and known they were signing up for the possibility of losing their money. If they don’t like being held accountable for their investments, maybe they should call up their legislator and support piercing the corporate veil more often.
If the only complaint about the premise was an attempt to help out non-insiders, with personal assets under 100k, then scratch that MAYBE off and let’s write some legislature.
That’s… not how stocks work. Retail traders can’t sell without a counterparty to buy from them, and the last thing I would want to do is to set up some kind of government entity buying stocks of criminal companies at artificially-high prices just to bail out investors.
Besides, even retail investors should’ve done their due diligence and known they were signing up for the possibility of losing their money. If they don’t like being held accountable for their investments, maybe they should call up their legislator and support piercing the corporate veil more often.
If the only complaint about the premise was an attempt to help out non-insiders, with personal assets under 100k, then scratch that MAYBE off and let’s write some legislature.