#reckless disregard

[intelligentchristianlady]

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

As they say in the Navy, “Pull up the ladder, Jack--I’m aboard.”

[alric-rahl-the-original]

Too glee or not to glee.

Some days I have a reckless disregard for human life. Other days I have a reckless disregard for human life mixed with unholy Glee.

[trashvideofinland]

Sensaatiojuttu / Reckless Disregard (1986) Vestron Video International https://www.videospace.fi/release/sensaatiojuttu_vhs_vestron_video_international_finland

[notes-on-business-models]

Rule 575

to prohibit:

"spoofing" (i.e., submitting or cancelling bids or offers to create a misleading appearance of market depth or artificial price movements);

"quote stuffing" (i.e., submitting or cancelling bids or offers to overload the quotation system of a registered entity or delay another person's execution of transactions during the closing period); and

the disorderly execution of transactions during the closing period.

The text of the new Rule 575 reads as follows:

All orders must be entered for the purpose of executing bona fide transactions. Additionally, all non-actionable messages must be entered in good faith for legitimate purposes.

A. No [P]erson shall enter or cause to be entered an order with the intent, at the time of order entry, to cancel the order before execution or to modify the order to avoid execution;

B. No Person shall enter or cause to be entered an actionable or non-actionable message or messages with intent to mislead other market participants;

C. No Person shall enter or cause to be entered an actionable or non-actionable message or messages with intent to overload, delay, or disrupt the systems of the Exchange or other market participants; and

D. No [P]erson shall enter or cause to be entered an actionable or non-actionable message with intent to disrupt, or with reckless disregard for the adverse impact on, the orderly conduct of trading or the fair execution of transactions.

To the extent applicable, the provisions of this Rule apply to open outcry trading as well as electronic trading activity. Further, the provisions of this Rule apply to all market states, including the pre-opening period, the closing period and all trading sessions (emphasis added).

...

Proof of intent is not limited to instances in which a market participant admits its state of mind. Where the conduct was such that it more likely than not was intended to produce a prohibited disruptive consequence without justification, intent may be found. Claims of ignorance, or lack of knowledge, are not acceptable defenses to intentional or reckless conduct. Recklessness has been commonly defined as conduct that “departs so far from the standards of ordinary care that it is very difficult to believe the actor was not aware of what he or she was doing. See Drexel Burnham Lambert, Inc. v. CFTC, 850 F.2d 742, 748 (D.C. Cir. 1988).

[mara-wilson]

I still love you with the same reckless disregard for my own wellbeing.

Beau Taplin

[dsdieowke]

PFT: Vilma pressing on Goodell defamation suit

http://dlvr.it/2dmRK9