EFTA00078135¶
Whistleblower¶
Subject: Fw: Formal appeal for preliminary denial covered action 2015-016/ Knight Capital TCR & Appendix¶
Please see the new photos attached:¶
Mr Blostein’s Eureka moment and Cifu admission that the NITE/VIRT revenue model is driven by the “retail participation” rate:¶
Cifu: “The retail segment of what we do is a SIGNIFICANT portion of our overall American equity segment…”¶
So, are institutions trading .0001 OTCM money laundering shells? Mr Blostein: what are you modeling for NITE/VIRT OTCM share volumes when you KNOW and Cifu admits the importance of these share volumes on the NITE/VIRT revenue model? Does ANY Sell side analyst model this NITE/VIRT revenue driver? WHY doesn’t Cifu disclose these share volumes in SEC filings? He used to. Knight/KCG used to as well. See photo. So why did he stop? Did NITE exit OTCM trading? ABSOLUTELY NOT. So the Goldman Analist Blostein KNOWS these share volumes drive revenue at NITE. Blostein doesn’t disclose these volumes in his model. Fraud is also an OMISSION of material fact. Time to ask Cifu WHY he doesn’t tell you to model OTCM share volumes fellas. This is WHY the SEC/Handler/Jefferies/VIRT/KCG acquisition took place. As Cifu admits: Retail:OTCM drives NITE/VIRT earnings.¶
Cheers!¶
Christopher J Dilorio¶
Whistleblower¶
From: Chris Dilorio <> Sent: Wednesday, September 16, 2020 3:01 PM¶