EFTA00104469



Subject: Fw: Formal appeal for preliminary denial covered action 2015-016/ Knight Capital TCR & Appendix

## Happy Friday!

Everyone catch Chair Waters virtual hearing yesterday w/Ken Griffin/CDEL?

If you follow me on twitter: **you'll see a nice summary/explanation of the true issues:**

NITE/VIRT: public company. per my TCR: Joyce joined from Broadcort/Merrill. Knight was clearing through

Broadcort/Merrill. Joyce saw the massive fraud from naked shorting. He was perfect fit to run Knight. First thing

he did: take Knight self clear. "lower costs". The effect: KNOWINGLY mis classified liabilities as assets: massive

ongoing accounting fraud. Insolvency. Glitch. Who is on the hook? shareholders. SEC facilitated fraud.

CDEL: self clears for internal funds but NOT CDEL Securities: RH,OTCM etc

WHY the inconsistency? Because CDEL Securities is a private entity. LLc with Ken Griffin's name on it. Who

would be on the hook for Self Clear accounting fraud/liabilities/insolvency? Ken F'n Griffin. So, the

inconsistency: WHY self clear for internal funds but NOT CDEL Securities? Griffin not about to be on the hook.

CDEL Securities clears Pershing/BoNY Mellon. The largest US correspondent clearing Broker and a HUGE

BoNY/Mellon balance sheet that can hide the fraud. Third party.

Ironically, Pershing was sister company of DLJ and Autranet where I worked. First Equitable. Then

Want to get a template?? start with NITE/VIRT.

Autranet/Pershing sold to BoNY Mellon. DLJ to CS First Boston.

Griffin yesterday: the SEC eliminated illegal naked shorting with Reg Sho:KNOWINGLY LIED

SEC fails data is DTCC/NSCC ONLY

Obligation Warehouse: Ex CLEARING

Created by the grossly corrupt SEC so criminals like NITE/CDEL can circumvent close out REQUIREMENTS of 204.