Congressman Norman’s office released the strongly worded letter in a tweet showing a total of 74 Congressional signatures. The letter is addressed to Gary Gensler at the SEC and Robert W Cook of FINRA.
The letter includes sixteen questions and asks for a response from the SEC and FINRA by January 31, 2024. Number 9 is one of the most powerful items:
Provide the delivery of a certified audited and consolidated count of shares that were held by all U.S. and foreign financial institutions, together with their clearing firm counterbrokers including trades not reported in the consolidated audit trail (CAT), related to MMTLP on the date of December 12, 2022. Please include all shares/holdings of long and short positions, as well as IOUs held by each participating broker and market participant as record owner, beneficial owner, or in any other capacity (each reported
OPEN LETTER TO GARY GENSLER AND ROBERT W COOK FROM
separately) including but not limited to: all shares registered at AST, all shares held in U.S. broker dealers, all shares held offshore that were traded and never settled through
the appropriate clearing channels, and the ability to provide the location associated with each short position identified above.
Norman will be on the Charles Payne “Making Money” show today at 11am PST discussing this.
Other Representatives that signed the letter are also weighing in on X.
CONGRATULATIONS TO THE COMMUNITY FOR BANDING TOGETHER TO MAKE THIS HAPPEN!
An archive of the letter (in PDF form) will be permanently stored at this link. The 74 signatures come from all House Representatives. No Senators signed on to the letter.
A space call is available from Marduk and BusyBrands for the livestream audio of the Charles Payne segment.
Be sure to reach out to Ralph Norman’s office to thank him.