@btccbt There it fuckn is 🔥 $AMC $GME 

Market maker “latour trading” requested relief of FTD close out obligations 

By Submitting a “irrevocable creation order” to an “AP” of an ETF before trading hours of the Close out requirement date. 

Meaning market makers can fulfill FTD requirements temporarily by using the 

“ETF Creation approach” sending a “Creation order” to a “AP” who is called a “Authorized Participant” the AP is in charge of the ETF. 

For example Citadel can avoid FTDs by sending a Creation order to $XRT “AP” 

Once the AP receives that order and makes “Creation units” of $AMC and $GME shares , the SEC can’t enforce Rule 204 Close out Requirements no more. 

Based on this action letter. 

Since latour who is a market maker got this “No action” letter from the SEC. 

Now all market makers are fuckn doing it and think they have a free pass!