Feds ordered to reveal names of Ghislaine Maxwell’s alleged co-conspirators

https://nypost.com/2021/09/03/feds-ordered-to-reveal-names-of-ghislaine-maxwells-alleged-co-conspirators/

Federal prosecutors must divulge the “identities of any unnamed co-conspirators” that they plan on referencing at Ghislaine Maxwell’s sex trafficking trial in Manhattan, a judge ruled Friday.

The order was to ensure Jeffrey Epstein’s alleged madam is able to “adequately prepare her defenses,” Judge Allison Nathan wrote.

Prosecutors must also “disclose all co-conspirator statements it intends to offer at trial,” Nathan ruled, arguing the government’s claim that the revelation would cause ‘potential danger to co-conspirators’ or risk ‘compromising continuing investigations,’” was bogus.

“The Government provides no explanation for this purported harm and none is apparent to the Court,” Nathan wrote. “Thus, the Court finds that this concern alone does not outweigh the risk of surprise to the Defendant in this case or the need for the parties to litigate co-conspirator issues in advance of trial to ensure the absence of delay.”

>>14519011

Gensler’s brewing battle with Robinhood could prove bloody

https://nypost.com/2021/09/03/gary-genslers-brewing-battle-with-robinhood-could-prove-bloody/

It’s no secret that Gary Gensler wants to make life miserable for the people at Robinhood, the no-commission brokerage firm that has become a sensation among the growing ranks of amateur day traders.

Less known is what I’m hearing from the people at Robinhood: They are planning to make life pretty miserable for Gensler.

…

This is where Gensler does his best Oliver Stone-conspiracy theorist impersonation about the practice and Robinhood itself. By having all this order flow, and all their computerized know-how, Citadel and Virtu have an unfair information advantage for their own trading, he suggests.

In directing those trades to Citadel and Virtu, Robinhood is incentivized to overlook any scammy stuff because of the fees it receives. The firms can hide all this allegedly nefarious trading activity in various “dark pools” or private markets that exist all over Wall Street.

Or so Gensler claims. Yet he offers no proof of PFOF fraud. He hasn’t shown evidence that market makers are consistently cheating customers of the discount brokers by not giving them the best price in their “dark pools” as they are legally obligated to do. He wants these trades to be routed to traditional exchanges, but he also offers no evidence that sending all order flow to the NYSE or Nasdaq will be better for the consumer. And he doesn’t say why we need to blow up a system that allows average people to trade for free.

Remember Robinhood ala Gamestop?