id	sid	tid	token	lemma	pos
cblr-8638	1	1	microsoft	microsoft	PROPN
cblr-8638	1	2	word	word	PROPN
cblr-8638	1	3	8	8	NUM
cblr-8638	1	4	macey	macey	NOUN
cblr-8638	1	5	(	(	PUNCT
cblr-8638	1	6	8	8	NUM
cblr-8638	1	7	-	-	SYM
cblr-8638	1	8	22	22	NUM
cblr-8638	1	9	-	-	SYM
cblr-8638	1	10	21	21	NUM
cblr-8638	1	11	3.47pm	3.47pm	NUM
cblr-8638	1	12	)	)	PUNCT
cblr-8638	1	13	macey	macey	VERB
cblr-8638	1	14	8/22/2021	8/22/2021	NUM
cblr-8638	1	15	3:47	3:47	NUM
cblr-8638	1	16	pm	pm	NOUN
cblr-8638	1	17	securities	security	NOUN
cblr-8638	1	18	regulation	regulation	NOUN
cblr-8638	1	19	and	and	CCONJ
cblr-8638	1	20	class	class	NOUN
cblr-8638	1	21	warfare	warfare	NOUN
cblr-8638	1	22	jonathan	jonathan	PROPN
cblr-8638	1	23	r.	r.	PROPN
cblr-8638	1	24	macey	macey	PROPN
cblr-8638	1	25	*	*	PROPN
cblr-8638	1	26	this	this	DET
cblr-8638	1	27	article	article	NOUN
cblr-8638	1	28	examines	examine	VERB
cblr-8638	1	29	the	the	DET
cblr-8638	1	30	regulatory	regulatory	ADJ
cblr-8638	1	31	goals	goal	NOUN
cblr-8638	1	32	of	of	ADP
cblr-8638	1	33	creating	create	VERB
cblr-8638	1	34	“	"	PUNCT
cblr-8638	1	35	fair	fair	ADJ
cblr-8638	1	36	,	,	PUNCT
cblr-8638	1	37	orderly	orderly	ADJ
cblr-8638	1	38	,	,	PUNCT
cblr-8638	1	39	and	and	CCONJ
cblr-8638	1	40	efficient	efficient	ADJ
cblr-8638	1	41	”	"	PUNCT
cblr-8638	1	42	securities	security	NOUN
cblr-8638	1	43	markets	market	NOUN
cblr-8638	1	44	in	in	ADP
cblr-8638	1	45	light	light	NOUN
cblr-8638	1	46	of	of	ADP
cblr-8638	1	47	the	the	DET
cblr-8638	1	48	recent	recent	ADJ
cblr-8638	1	49	issues	issue	NOUN
cblr-8638	1	50	involving	involve	VERB
cblr-8638	1	51	trading	trading	NOUN
cblr-8638	1	52	in	in	ADP
cblr-8638	1	53	the	the	DET
cblr-8638	1	54	shares	share	NOUN
cblr-8638	1	55	of	of	ADP
cblr-8638	1	56	gamestop	gamestop	PROPN
cblr-8638	1	57	corp	corp	PROPN
cblr-8638	1	58	.	.	PROPN
cblr-8638	1	59	(	(	PUNCT
cblr-8638	1	60	gme	gme	NOUN
cblr-8638	1	61	)	)	PUNCT
cblr-8638	1	62	through	through	ADP
cblr-8638	1	63	the	the	DET
cblr-8638	1	64	broker	broker	NOUN
cblr-8638	1	65	-	-	PUNCT
cblr-8638	1	66	dealer	dealer	NOUN
cblr-8638	1	67	firm	firm	NOUN
cblr-8638	1	68	robinhood	robinhood	PROPN
cblr-8638	1	69	financial	financial	PROPN
cblr-8638	1	70	llc	llc	PROPN
cblr-8638	1	71	.	.	PUNCT
cblr-8638	2	1	the	the	DET
cblr-8638	2	2	gamestop	gamestop	PROPN
cblr-8638	2	3	/	/	SYM
cblr-8638	2	4	robinhood	robinhood	PROPN
cblr-8638	2	5	saga	saga	NOUN
cblr-8638	2	6	casts	cast	VERB
cblr-8638	2	7	significant	significant	ADJ
cblr-8638	2	8	doubt	doubt	NOUN
cblr-8638	2	9	on	on	ADP
cblr-8638	2	10	the	the	DET
cblr-8638	2	11	notion	notion	NOUN
cblr-8638	2	12	that	that	SCONJ
cblr-8638	2	13	the	the	DET
cblr-8638	2	14	sec	sec	PROPN
cblr-8638	2	15	is	be	AUX
cblr-8638	2	16	achieving	achieve	VERB
cblr-8638	2	17	its	its	PRON
cblr-8638	2	18	goal	goal	NOUN
cblr-8638	2	19	of	of	ADP
cblr-8638	2	20	maintaining	maintain	VERB
cblr-8638	2	21	fair	fair	ADJ
cblr-8638	2	22	,	,	PUNCT
cblr-8638	2	23	orderly	orderly	ADJ
cblr-8638	2	24	,	,	PUNCT
cblr-8638	2	25	and	and	CCONJ
cblr-8638	2	26	efficient	efficient	ADJ
cblr-8638	2	27	markets	market	NOUN
cblr-8638	2	28	,	,	PUNCT
cblr-8638	2	29	and	and	CCONJ
cblr-8638	2	30	facilitating	facilitate	VERB
cblr-8638	2	31	capital	capital	NOUN
cblr-8638	2	32	formation	formation	NOUN
cblr-8638	2	33	.	.	PUNCT
cblr-8638	3	1	moreover	moreover	ADV
cblr-8638	3	2	,	,	PUNCT
cblr-8638	3	3	the	the	DET
cblr-8638	3	4	saga	saga	NOUN
cblr-8638	3	5	provides	provide	VERB
cblr-8638	3	6	further	further	ADJ
cblr-8638	3	7	support	support	NOUN
cblr-8638	3	8	for	for	ADP
cblr-8638	3	9	the	the	DET
cblr-8638	3	10	view	view	NOUN
cblr-8638	3	11	that	that	SCONJ
cblr-8638	3	12	market	market	NOUN
cblr-8638	3	13	forces	force	NOUN
cblr-8638	3	14	tend	tend	VERB
cblr-8638	3	15	to	to	PART
cblr-8638	3	16	make	make	VERB
cblr-8638	3	17	securities	security	NOUN
cblr-8638	3	18	markets	market	NOUN
cblr-8638	3	19	fairer	fair	ADJ
cblr-8638	3	20	,	,	PUNCT
cblr-8638	3	21	where	where	SCONJ
cblr-8638	3	22	fairness	fairness	NOUN
cblr-8638	3	23	is	be	AUX
cblr-8638	3	24	defined	define	VERB
cblr-8638	3	25	as	as	ADP
cblr-8638	3	26	investors	investor	NOUN
cblr-8638	3	27	“	"	PUNCT
cblr-8638	3	28	getting	get	VERB
cblr-8638	3	29	what	what	PRON
cblr-8638	3	30	they	they	PRON
cblr-8638	3	31	pay	pay	VERB
cblr-8638	3	32	for	for	ADP
cblr-8638	3	33	,	,	PUNCT
cblr-8638	3	34	”	"	PUNCT
cblr-8638	3	35	rather	rather	ADV
cblr-8638	3	36	than	than	ADP
cblr-8638	3	37	as	as	SCONJ
cblr-8638	3	38	investors	investor	NOUN
cblr-8638	3	39	“	"	PUNCT
cblr-8638	3	40	beating	beat	VERB
cblr-8638	3	41	the	the	DET
cblr-8638	3	42	market	market	NOUN
cblr-8638	3	43	”	"	PUNCT
cblr-8638	3	44	by	by	ADP
cblr-8638	3	45	earning	earn	VERB
cblr-8638	3	46	abnormal	abnormal	ADJ
cblr-8638	3	47	returns	return	NOUN
cblr-8638	3	48	.	.	PUNCT
cblr-8638	4	1	further	far	ADV
cblr-8638	4	2	,	,	PUNCT
cblr-8638	4	3	market	market	NOUN
cblr-8638	4	4	processes	process	NOUN
cblr-8638	4	5	tend	tend	VERB
cblr-8638	4	6	to	to	PART
cblr-8638	4	7	make	make	VERB
cblr-8638	4	8	markets	market	NOUN
cblr-8638	4	9	more	more	ADV
cblr-8638	4	10	efficient	efficient	ADJ
cblr-8638	4	11	,	,	PUNCT
cblr-8638	4	12	while	while	SCONJ
cblr-8638	4	13	regulation	regulation	NOUN
cblr-8638	4	14	tends	tend	VERB
cblr-8638	4	15	to	to	PART
cblr-8638	4	16	make	make	VERB
cblr-8638	4	17	markets	market	NOUN
cblr-8638	4	18	less	less	ADV
cblr-8638	4	19	efficient	efficient	ADJ
cblr-8638	4	20	.	.	PUNCT
cblr-8638	5	1	finally	finally	ADV
cblr-8638	5	2	,	,	PUNCT
cblr-8638	5	3	it	it	PRON
cblr-8638	5	4	appears	appear	VERB
cblr-8638	5	5	that	that	SCONJ
cblr-8638	5	6	regulation	regulation	NOUN
cblr-8638	5	7	tends	tend	VERB
cblr-8638	5	8	to	to	PART
cblr-8638	5	9	further	further	VERB
cblr-8638	5	10	the	the	DET
cblr-8638	5	11	interests	interest	NOUN
cblr-8638	5	12	of	of	ADP
cblr-8638	5	13	wall	wall	PROPN
cblr-8638	5	14	street	street	PROPN
cblr-8638	5	15	elites	elite	NOUN
cblr-8638	5	16	over	over	ADP
cblr-8638	5	17	the	the	DET
cblr-8638	5	18	interests	interest	NOUN
cblr-8638	5	19	of	of	ADP
cblr-8638	5	20	ordinary	ordinary	ADJ
cblr-8638	5	21	investors	investor	NOUN
cblr-8638	5	22	.	.	PUNCT
cblr-8638	6	1	i.	i.	PROPN
cblr-8638	6	2	introduction	introduction	NOUN
cblr-8638	6	3	...............................................................	...............................................................	PUNCT
cblr-8638	7	1	796	796	NUM
cblr-8638	7	2	ii	ii	NOUN
cblr-8638	7	3	.	.	PUNCT
cblr-8638	8	1	fair	fair	ADJ
cblr-8638	8	2	,	,	PUNCT
cblr-8638	8	3	orderly	orderly	ADJ
cblr-8638	8	4	,	,	PUNCT
cblr-8638	8	5	and	and	CCONJ
cblr-8638	8	6	efficient	efficient	ADJ
cblr-8638	8	7	.......................................	.......................................	SYM
cblr-8638	8	8	805	805	NUM
cblr-8638	8	9	a.	a.	NOUN
cblr-8638	8	10	fairness	fairness	NOUN
cblr-8638	8	11	...............................................................	...............................................................	PUNCT
cblr-8638	8	12	807	807	NUM
cblr-8638	8	13	1	1	NUM
cblr-8638	8	14	.	.	PUNCT
cblr-8638	8	15	manipulation	manipulation	NOUN
cblr-8638	8	16	on	on	ADP
cblr-8638	8	17	main	main	ADJ
cblr-8638	8	18	street	street	NOUN
cblr-8638	8	19	.........................	.........................	PUNCT
cblr-8638	9	1	812	812	NUM
cblr-8638	9	2	2	2	NUM
cblr-8638	9	3	.	.	PUNCT
cblr-8638	10	1	robinhood	robinhood	PROPN
cblr-8638	10	2	and	and	CCONJ
cblr-8638	10	3	market	market	NOUN
cblr-8638	10	4	fairness	fairness	NOUN
cblr-8638	10	5	....................	....................	PUNCT
cblr-8638	11	1	817	817	NUM
cblr-8638	11	2	b.	b.	PROPN
cblr-8638	11	3	orderly	orderly	ADJ
cblr-8638	11	4	markets	market	NOUN
cblr-8638	11	5	:	:	PUNCT
cblr-8638	11	6	trading	trading	NOUN
cblr-8638	11	7	halts	halt	NOUN
cblr-8638	11	8	and	and	CCONJ
cblr-8638	11	9	complex	complex	ADJ
cblr-8638	11	10	order	order	NOUN
cblr-8638	11	11	types	type	NOUN
cblr-8638	11	12	.........................................................	.........................................................	PUNCT
cblr-8638	11	13	825	825	NUM
cblr-8638	11	14	1	1	NUM
cblr-8638	11	15	.	.	PUNCT
cblr-8638	12	1	trading	trading	NOUN
cblr-8638	12	2	halts	halt	NOUN
cblr-8638	12	3	.................................................	.................................................	PUNCT
cblr-8638	13	1	826	826	NUM
cblr-8638	13	2	2	2	NUM
cblr-8638	13	3	.	.	PUNCT
cblr-8638	13	4	complex	complex	ADJ
cblr-8638	13	5	order	order	NOUN
cblr-8638	13	6	types	type	NOUN
cblr-8638	13	7	.....................................	.....................................	PUNCT
cblr-8638	13	8	828	828	NUM
cblr-8638	13	9	c.	c.	NOUN
cblr-8638	13	10	efficiency	efficiency	NOUN
cblr-8638	13	11	.............................................................	.............................................................	PUNCT
cblr-8638	13	12	829	829	NUM
cblr-8638	13	13	iii	iii	NOUN
cblr-8638	13	14	.	.	PUNCT
cblr-8638	13	15	conclusion	conclusion	NOUN
cblr-8638	13	16	..................................................................	..................................................................	PUNCT
cblr-8638	13	17	838	838	NUM
cblr-8638	13	18	i.	i.	NOUN
cblr-8638	13	19	introduction	introduction	NOUN
cblr-8638	13	20	in	in	ADP
cblr-8638	13	21	early	early	ADJ
cblr-8638	13	22	2019	2019	NUM
cblr-8638	13	23	,	,	PUNCT
cblr-8638	13	24	an	an	DET
cblr-8638	13	25	editorial	editorial	NOUN
cblr-8638	13	26	in	in	ADP
cblr-8638	13	27	usa	usa	PROPN
cblr-8638	13	28	today	today	NOUN
cblr-8638	13	29	proclaimed	proclaim	VERB
cblr-8638	13	30	that	that	SCONJ
cblr-8638	13	31	in	in	ADP
cblr-8638	13	32	order	order	NOUN
cblr-8638	13	33	“	"	PUNCT
cblr-8638	13	34	[	[	X
cblr-8638	13	35	t]o	t]o	NOUN
cblr-8638	13	36	understand	understand	VERB
cblr-8638	13	37	events	event	NOUN
cblr-8638	13	38	around	around	ADP
cblr-8638	13	39	the	the	DET
cblr-8638	13	40	world	world	NOUN
cblr-8638	13	41	today	today	NOUN
cblr-8638	13	42	,	,	PUNCT
cblr-8638	13	43	one	one	NUM
cblr-8638	13	44	macey	macey	NOUN
cblr-8638	13	45	8/22/2021	8/22/2021	NUM
cblr-8638	13	46	3:47	3:47	NUM
cblr-8638	13	47	pm	pm	NOUN
cblr-8638	13	48	no	no	INTJ
cblr-8638	13	49	.	.	PUNCT
cblr-8638	14	1	2:796	2:796	NUM
cblr-8638	14	2	]	]	X
cblr-8638	14	3	securities	security	NOUN
cblr-8638	14	4	regulation	regulation	NOUN
cblr-8638	14	5	and	and	CCONJ
cblr-8638	14	6	class	class	NOUN
cblr-8638	14	7	warfare	warfare	NOUN
cblr-8638	14	8	797	797	NUM
cblr-8638	14	9	must	must	AUX
cblr-8638	14	10	think	think	VERB
cblr-8638	14	11	in	in	ADP
cblr-8638	14	12	terms	term	NOUN
cblr-8638	14	13	of	of	ADP
cblr-8638	14	14	the	the	DET
cblr-8638	14	15	class	class	NOUN
cblr-8638	14	16	struggle	struggle	NOUN
cblr-8638	14	17	.	.	PUNCT
cblr-8638	14	18	”1	”1	VERB
cblr-8638	15	1	the	the	DET
cblr-8638	15	2	proclamation	proclamation	NOUN
cblr-8638	15	3	rings	ring	NOUN
cblr-8638	15	4	true	true	ADJ
cblr-8638	15	5	for	for	ADP
cblr-8638	15	6	many	many	ADJ
cblr-8638	15	7	aspects	aspect	NOUN
cblr-8638	15	8	of	of	ADP
cblr-8638	15	9	society	society	NOUN
cblr-8638	15	10	,	,	PUNCT
cblr-8638	15	11	but	but	CCONJ
cblr-8638	15	12	particularly	particularly	ADV
cblr-8638	15	13	so	so	ADV
cblr-8638	15	14	for	for	ADP
cblr-8638	15	15	the	the	DET
cblr-8638	15	16	law	law	NOUN
cblr-8638	15	17	.	.	PUNCT
cblr-8638	16	1	this	this	DET
cblr-8638	16	2	article	article	NOUN
cblr-8638	16	3	is	be	AUX
cblr-8638	16	4	premised	premise	VERB
cblr-8638	16	5	on	on	ADP
cblr-8638	16	6	the	the	DET
cblr-8638	16	7	conviction	conviction	NOUN
cblr-8638	16	8	that	that	SCONJ
cblr-8638	16	9	one	one	PRON
cblr-8638	16	10	must	must	AUX
cblr-8638	16	11	think	think	VERB
cblr-8638	16	12	in	in	ADP
cblr-8638	16	13	terms	term	NOUN
cblr-8638	16	14	of	of	ADP
cblr-8638	16	15	the	the	DET
cblr-8638	16	16	class	class	NOUN
cblr-8638	16	17	struggle	struggle	NOUN
cblr-8638	16	18	to	to	PART
cblr-8638	16	19	understand	understand	VERB
cblr-8638	16	20	securities	security	NOUN
cblr-8638	16	21	regulation	regulation	NOUN
cblr-8638	16	22	in	in	ADP
cblr-8638	16	23	general	general	ADJ
cblr-8638	16	24	.	.	PUNCT
cblr-8638	17	1	i	i	PRON
cblr-8638	17	2	argue	argue	VERB
cblr-8638	17	3	that	that	SCONJ
cblr-8638	17	4	viewing	view	VERB
cblr-8638	17	5	securities	security	NOUN
cblr-8638	17	6	regulation	regulation	NOUN
cblr-8638	17	7	from	from	ADP
cblr-8638	17	8	the	the	DET
cblr-8638	17	9	perspective	perspective	NOUN
cblr-8638	17	10	of	of	ADP
cblr-8638	17	11	an	an	DET
cblr-8638	17	12	economic	economic	ADJ
cblr-8638	17	13	class	class	NOUN
cblr-8638	17	14	struggle	struggle	NOUN
cblr-8638	17	15	between	between	ADP
cblr-8638	17	16	ordinary	ordinary	ADJ
cblr-8638	17	17	main	main	ADJ
cblr-8638	17	18	street	street	NOUN
cblr-8638	17	19	investors	investor	NOUN
cblr-8638	17	20	and	and	CCONJ
cblr-8638	17	21	wall	wall	PROPN
cblr-8638	17	22	street	street	PROPN
cblr-8638	17	23	elites	elite	NOUN
cblr-8638	17	24	is	be	AUX
cblr-8638	17	25	useful	useful	ADJ
cblr-8638	17	26	for	for	ADP
cblr-8638	17	27	understanding	understand	VERB
cblr-8638	17	28	the	the	DET
cblr-8638	17	29	role	role	NOUN
cblr-8638	17	30	that	that	PRON
cblr-8638	17	31	the	the	DET
cblr-8638	17	32	securities	securities	PROPN
cblr-8638	17	33	and	and	CCONJ
cblr-8638	17	34	exchange	exchange	PROPN
cblr-8638	17	35	commission	commission	PROPN
cblr-8638	17	36	(	(	PUNCT
cblr-8638	17	37	sec	sec	PROPN
cblr-8638	17	38	)	)	PUNCT
cblr-8638	17	39	continues	continue	VERB
cblr-8638	17	40	to	to	PART
cblr-8638	17	41	play	play	VERB
cblr-8638	17	42	in	in	ADP
cblr-8638	17	43	exacerbating	exacerbate	VERB
cblr-8638	17	44	the	the	DET
cblr-8638	17	45	class	class	NOUN
cblr-8638	17	46	conflict	conflict	NOUN
cblr-8638	17	47	that	that	PRON
cblr-8638	17	48	inevitably	inevitably	ADV
cblr-8638	17	49	has	have	AUX
cblr-8638	17	50	accompanied	accompany	VERB
cblr-8638	17	51	the	the	DET
cblr-8638	17	52	growing	grow	VERB
cblr-8638	17	53	income	income	NOUN
cblr-8638	17	54	and	and	CCONJ
cblr-8638	17	55	wealth	wealth	NOUN
cblr-8638	17	56	disparities	disparity	NOUN
cblr-8638	17	57	in	in	ADP
cblr-8638	17	58	the	the	DET
cblr-8638	17	59	united	united	PROPN
cblr-8638	17	60	states.2	states.2	PROPN
cblr-8638	17	61	put	put	VERB
cblr-8638	17	62	simply	simply	ADV
cblr-8638	17	63	,	,	PUNCT
cblr-8638	17	64	the	the	DET
cblr-8638	17	65	sec	sec	PROPN
cblr-8638	17	66	promulgates	promulgate	VERB
cblr-8638	17	67	and	and	CCONJ
cblr-8638	17	68	enforces	enforce	VERB
cblr-8638	17	69	securities	security	NOUN
cblr-8638	17	70	regulations	regulation	NOUN
cblr-8638	17	71	that	that	PRON
cblr-8638	17	72	benefit	benefit	VERB
cblr-8638	17	73	elites	elite	NOUN
cblr-8638	17	74	such	such	ADJ
cblr-8638	17	75	as	as	ADP
cblr-8638	17	76	investment	investment	NOUN
cblr-8638	17	77	bankers	banker	NOUN
cblr-8638	17	78	,	,	PUNCT
cblr-8638	17	79	hedge	hedge	NOUN
cblr-8638	17	80	fund	fund	NOUN
cblr-8638	17	81	managers	manager	NOUN
cblr-8638	17	82	,	,	PUNCT
cblr-8638	17	83	and	and	CCONJ
cblr-8638	17	84	powerful	powerful	ADJ
cblr-8638	17	85	wall	wall	PROPN
cblr-8638	17	86	street	street	PROPN
cblr-8638	17	87	law	law	NOUN
cblr-8638	17	88	firms	firm	NOUN
cblr-8638	17	89	far	far	ADV
cblr-8638	17	90	more	more	ADV
cblr-8638	17	91	than	than	SCONJ
cblr-8638	17	92	they	they	PRON
cblr-8638	17	93	benefit	benefit	VERB
cblr-8638	17	94	ordinary	ordinary	ADJ
cblr-8638	17	95	investors	investor	NOUN
cblr-8638	17	96	.	.	PUNCT
cblr-8638	18	1	and	and	CCONJ
cblr-8638	18	2	this	this	DET
cblr-8638	18	3	fact	fact	NOUN
cblr-8638	18	4	is	be	AUX
cblr-8638	18	5	well	well	ADV
cblr-8638	18	6	understood	understand	VERB
cblr-8638	18	7	by	by	ADP
cblr-8638	18	8	non	non	ADJ
cblr-8638	18	9	-	-	ADJ
cblr-8638	18	10	elite	elite	ADJ
cblr-8638	18	11	market	market	NOUN
cblr-8638	18	12	participants	participant	NOUN
cblr-8638	18	13	.	.	PUNCT
cblr-8638	19	1	of	of	ADP
cblr-8638	19	2	course	course	NOUN
cblr-8638	19	3	,	,	PUNCT
cblr-8638	19	4	that	that	PRON
cblr-8638	19	5	is	be	AUX
cblr-8638	19	6	not	not	PART
cblr-8638	19	7	the	the	DET
cblr-8638	19	8	way	way	NOUN
cblr-8638	19	9	that	that	PRON
cblr-8638	19	10	the	the	DET
cblr-8638	19	11	sec	sec	PROPN
cblr-8638	19	12	wants	want	VERB
cblr-8638	19	13	to	to	PART
cblr-8638	19	14	be	be	AUX
cblr-8638	19	15	perceived	perceive	VERB
cblr-8638	19	16	.	.	PUNCT
cblr-8638	20	1	instead	instead	ADV
cblr-8638	20	2	,	,	PUNCT
cblr-8638	20	3	the	the	DET
cblr-8638	20	4	sec	sec	PROPN
cblr-8638	20	5	and	and	CCONJ
cblr-8638	20	6	its	its	PRON
cblr-8638	20	7	wall	wall	PROPN
cblr-8638	20	8	street	street	PROPN
cblr-8638	20	9	constituencies	constituency	NOUN
cblr-8638	20	10	attempt	attempt	VERB
cblr-8638	20	11	to	to	ADP
cblr-8638	20	12	*	*	PUNCT
cblr-8638	20	13	sam	sam	PROPN
cblr-8638	20	14	harris	harris	PROPN
cblr-8638	20	15	professor	professor	PROPN
cblr-8638	20	16	of	of	ADP
cblr-8638	20	17	corporate	corporate	ADJ
cblr-8638	20	18	law	law	NOUN
cblr-8638	20	19	,	,	PUNCT
cblr-8638	20	20	corporate	corporate	ADJ
cblr-8638	20	21	finance	finance	NOUN
cblr-8638	20	22	and	and	CCONJ
cblr-8638	20	23	securities	security	NOUN
cblr-8638	20	24	law	law	NOUN
cblr-8638	20	25	,	,	PUNCT
cblr-8638	20	26	yale	yale	PROPN
cblr-8638	20	27	law	law	PROPN
cblr-8638	20	28	school	school	NOUN
cblr-8638	20	29	.	.	PUNCT
cblr-8638	21	1	kamini	kamini	PROPN
cblr-8638	21	2	persaud	persaud	PROPN
cblr-8638	21	3	,	,	PUNCT
cblr-8638	21	4	yale	yale	PROPN
cblr-8638	21	5	law	law	PROPN
cblr-8638	21	6	school	school	NOUN
cblr-8638	21	7	class	class	NOUN
cblr-8638	21	8	of	of	ADP
cblr-8638	21	9	2022	2022	NUM
cblr-8638	21	10	,	,	PUNCT
cblr-8638	21	11	provided	provide	VERB
cblr-8638	21	12	valuable	valuable	ADJ
cblr-8638	21	13	research	research	NOUN
cblr-8638	21	14	assistance	assistance	NOUN
cblr-8638	21	15	.	.	PUNCT
cblr-8638	22	1	1	1	NUM
cblr-8638	22	2	glenn	glenn	PROPN
cblr-8638	22	3	harlan	harlan	PROPN
cblr-8638	22	4	reynolds	reynolds	PROPN
cblr-8638	22	5	,	,	PUNCT
cblr-8638	22	6	donald	donald	PROPN
cblr-8638	22	7	trump	trump	NOUN
cblr-8638	22	8	is	be	AUX
cblr-8638	22	9	a	a	DET
cblr-8638	22	10	symptom	symptom	NOUN
cblr-8638	22	11	of	of	ADP
cblr-8638	22	12	a	a	DET
cblr-8638	22	13	new	new	ADJ
cblr-8638	22	14	kind	kind	NOUN
cblr-8638	22	15	of	of	ADP
cblr-8638	22	16	class	class	NOUN
cblr-8638	22	17	warfare	warfare	NOUN
cblr-8638	22	18	raging	rage	VERB
cblr-8638	22	19	at	at	ADP
cblr-8638	22	20	home	home	NOUN
cblr-8638	22	21	and	and	CCONJ
cblr-8638	22	22	abroad	abroad	ADV
cblr-8638	22	23	,	,	PUNCT
cblr-8638	22	24	usa	usa	PROPN
cblr-8638	22	25	today	today	NOUN
cblr-8638	22	26	,	,	PUNCT
cblr-8638	22	27	https://www.usatoday.com/story/opinion/2019/01/15/glenn-reynolds-classwarfare-elites-explains-world-conflicts-trump-column/2569252002	https://www.usatoday.com/story/opinion/2019/01/15/glenn-reynolds-classwarfare-elites-explains-world-conflicts-trump-column/2569252002	PROPN
cblr-8638	23	1	[	[	X
cblr-8638	23	2	https://perma.cc/3lxx-8y28	https://perma.cc/3lxx-8y28	X
cblr-8638	23	3	]	]	X
cblr-8638	23	4	(	(	PUNCT
cblr-8638	23	5	last	last	ADJ
cblr-8638	23	6	updated	update	VERB
cblr-8638	23	7	jan	jan	PROPN
cblr-8638	23	8	.	.	PROPN
cblr-8638	23	9	15	15	NUM
cblr-8638	23	10	,	,	PUNCT
cblr-8638	23	11	2019	2019	NUM
cblr-8638	23	12	,	,	PUNCT
cblr-8638	23	13	8:52	8:52	NUM
cblr-8638	23	14	am	am	NOUN
cblr-8638	23	15	)	)	PUNCT
cblr-8638	23	16	.	.	PUNCT
cblr-8638	24	1	2	2	NUM
cblr-8638	24	2	in	in	ADP
cblr-8638	24	3	the	the	DET
cblr-8638	24	4	united	united	PROPN
cblr-8638	24	5	states	states	PROPN
cblr-8638	24	6	,	,	PUNCT
cblr-8638	24	7	the	the	DET
cblr-8638	24	8	income	income	NOUN
cblr-8638	24	9	gini	gini	PROPN
cblr-8638	24	10	ratio	ratio	PROPN
cblr-8638	24	11	and	and	CCONJ
cblr-8638	24	12	the	the	DET
cblr-8638	24	13	share	share	NOUN
cblr-8638	24	14	of	of	ADP
cblr-8638	24	15	total	total	ADJ
cblr-8638	24	16	net	net	ADJ
cblr-8638	24	17	worth	worth	NOUN
cblr-8638	24	18	held	hold	VERB
cblr-8638	24	19	by	by	ADP
cblr-8638	24	20	the	the	DET
cblr-8638	24	21	top	top	ADJ
cblr-8638	24	22	one	one	NUM
cblr-8638	24	23	percent	percent	NOUN
cblr-8638	24	24	have	have	AUX
cblr-8638	24	25	grown	grow	VERB
cblr-8638	24	26	steadily	steadily	ADV
cblr-8638	24	27	for	for	ADP
cblr-8638	24	28	decades	decade	NOUN
cblr-8638	24	29	,	,	PUNCT
cblr-8638	24	30	while	while	SCONJ
cblr-8638	24	31	the	the	DET
cblr-8638	24	32	share	share	NOUN
cblr-8638	24	33	of	of	ADP
cblr-8638	24	34	total	total	ADJ
cblr-8638	24	35	net	net	ADJ
cblr-8638	24	36	worth	worth	NOUN
cblr-8638	24	37	held	hold	VERB
cblr-8638	24	38	by	by	ADP
cblr-8638	24	39	the	the	DET
cblr-8638	24	40	bottom	bottom	ADJ
cblr-8638	24	41	fifty	fifty	NUM
cblr-8638	24	42	percent	percent	NOUN
cblr-8638	24	43	steadily	steadily	ADV
cblr-8638	24	44	declined	decline	VERB
cblr-8638	24	45	until	until	ADP
cblr-8638	24	46	about	about	ADP
cblr-8638	24	47	2010	2010	NUM
cblr-8638	24	48	(	(	PUNCT
cblr-8638	24	49	and	and	CCONJ
cblr-8638	24	50	since	since	SCONJ
cblr-8638	24	51	has	have	AUX
cblr-8638	24	52	grown	grow	VERB
cblr-8638	24	53	only	only	ADV
cblr-8638	24	54	to	to	ADP
cblr-8638	24	55	about	about	ADV
cblr-8638	24	56	two	two	NUM
cblr-8638	24	57	percent	percent	NOUN
cblr-8638	24	58	)	)	PUNCT
cblr-8638	24	59	.	.	PUNCT
cblr-8638	25	1	see	see	VERB
cblr-8638	25	2	income	income	NOUN
cblr-8638	25	3	gini	gini	PROPN
cblr-8638	25	4	ratio	ratio	PROPN
cblr-8638	25	5	for	for	ADP
cblr-8638	25	6	households	household	NOUN
cblr-8638	25	7	by	by	ADP
cblr-8638	25	8	race	race	NOUN
cblr-8638	25	9	of	of	ADP
cblr-8638	25	10	householder	householder	NOUN
cblr-8638	25	11	,	,	PUNCT
cblr-8638	25	12	all	all	DET
cblr-8638	25	13	races	race	NOUN
cblr-8638	25	14	,	,	PUNCT
cblr-8638	25	15	fed	fed	PROPN
cblr-8638	25	16	.	.	PUNCT
cblr-8638	25	17	rsrv	rsrv	PROPN
cblr-8638	25	18	.	.	PUNCT
cblr-8638	26	1	bank	bank	PROPN
cblr-8638	26	2	of	of	ADP
cblr-8638	26	3	st	st	PROPN
cblr-8638	26	4	.	.	PROPN
cblr-8638	26	5	louis	louis	PROPN
cblr-8638	26	6	(	(	PUNCT
cblr-8638	26	7	on	on	ADP
cblr-8638	26	8	file	file	NOUN
cblr-8638	26	9	with	with	ADP
cblr-8638	26	10	the	the	DET
cblr-8638	26	11	columbia	columbia	PROPN
cblr-8638	26	12	business	business	PROPN
cblr-8638	26	13	law	law	PROPN
cblr-8638	26	14	review	review	PROPN
cblr-8638	26	15	)	)	PUNCT
cblr-8638	26	16	,	,	PUNCT
cblr-8638	26	17	https://fred.stlouisfed.org/series/giniallrh	https://fred.stlouisfed.org/series/giniallrh	PROPN
cblr-8638	26	18	(	(	PUNCT
cblr-8638	26	19	last	last	ADJ
cblr-8638	26	20	updated	update	VERB
cblr-8638	26	21	may	may	PROPN
cblr-8638	26	22	19	19	NUM
cblr-8638	26	23	,	,	PUNCT
cblr-8638	26	24	2021	2021	NUM
cblr-8638	26	25	)	)	PUNCT
cblr-8638	27	1	(	(	PUNCT
cblr-8638	27	2	gini	gini	NOUN
cblr-8638	27	3	ratio	ratio	PROPN
cblr-8638	27	4	)	)	PUNCT
cblr-8638	27	5	;	;	PUNCT
cblr-8638	27	6	share	share	NOUN
cblr-8638	27	7	of	of	ADP
cblr-8638	27	8	total	total	ADJ
cblr-8638	27	9	net	net	ADJ
cblr-8638	27	10	worth	worth	NOUN
cblr-8638	27	11	held	hold	VERB
cblr-8638	27	12	by	by	ADP
cblr-8638	27	13	the	the	DET
cblr-8638	27	14	top	top	ADJ
cblr-8638	27	15	1	1	NUM
cblr-8638	27	16	%	%	NOUN
cblr-8638	27	17	(	(	PUNCT
cblr-8638	27	18	99th	99th	ADJ
cblr-8638	27	19	to	to	ADP
cblr-8638	27	20	100th	100th	ADJ
cblr-8638	27	21	wealth	wealth	NOUN
cblr-8638	27	22	percentiles	percentile	NOUN
cblr-8638	27	23	)	)	PUNCT
cblr-8638	27	24	,	,	PUNCT
cblr-8638	27	25	fed	fed	PROPN
cblr-8638	27	26	.	.	PUNCT
cblr-8638	27	27	rsrv	rsrv	PROPN
cblr-8638	27	28	.	.	PUNCT
cblr-8638	28	1	bank	bank	PROPN
cblr-8638	28	2	of	of	ADP
cblr-8638	28	3	st	st	PROPN
cblr-8638	28	4	.	.	PROPN
cblr-8638	28	5	louis	louis	PROPN
cblr-8638	28	6	(	(	PUNCT
cblr-8638	28	7	on	on	ADP
cblr-8638	28	8	file	file	NOUN
cblr-8638	28	9	with	with	ADP
cblr-8638	28	10	the	the	DET
cblr-8638	28	11	columbia	columbia	PROPN
cblr-8638	28	12	business	business	PROPN
cblr-8638	28	13	law	law	PROPN
cblr-8638	28	14	review	review	PROPN
cblr-8638	28	15	)	)	PUNCT
cblr-8638	28	16	,	,	PUNCT
cblr-8638	28	17	https://fred.stlouisfed.org/series/wfrbst01134	https://fred.stlouisfed.org/series/wfrbst01134	PROPN
cblr-8638	28	18	(	(	PUNCT
cblr-8638	28	19	last	last	ADJ
cblr-8638	28	20	updated	update	VERB
cblr-8638	28	21	may	may	AUX
cblr-8638	28	22	20	20	NUM
cblr-8638	28	23	,	,	PUNCT
cblr-8638	28	24	2021	2021	NUM
cblr-8638	28	25	)	)	PUNCT
cblr-8638	28	26	(	(	PUNCT
cblr-8638	28	27	top	top	ADJ
cblr-8638	28	28	one	one	NUM
cblr-8638	28	29	percent	percent	NOUN
cblr-8638	28	30	)	)	PUNCT
cblr-8638	28	31	;	;	PUNCT
cblr-8638	29	1	share	share	NOUN
cblr-8638	29	2	of	of	ADP
cblr-8638	29	3	total	total	ADJ
cblr-8638	29	4	net	net	ADJ
cblr-8638	29	5	worth	worth	NOUN
cblr-8638	29	6	held	hold	VERB
cblr-8638	29	7	by	by	ADP
cblr-8638	29	8	the	the	DET
cblr-8638	29	9	bottom	bottom	ADJ
cblr-8638	29	10	50	50	NUM
cblr-8638	29	11	%	%	NOUN
cblr-8638	29	12	(	(	PUNCT
cblr-8638	29	13	1st	1st	NOUN
cblr-8638	29	14	to	to	ADP
cblr-8638	29	15	50th	50th	ADJ
cblr-8638	29	16	wealth	wealth	NOUN
cblr-8638	29	17	percentiles	percentile	NOUN
cblr-8638	29	18	)	)	PUNCT
cblr-8638	29	19	,	,	PUNCT
cblr-8638	29	20	fed	fed	PROPN
cblr-8638	29	21	.	.	PUNCT
cblr-8638	29	22	rsrv	rsrv	PROPN
cblr-8638	29	23	.	.	PUNCT
cblr-8638	30	1	bank	bank	PROPN
cblr-8638	30	2	of	of	ADP
cblr-8638	30	3	st	st	PROPN
cblr-8638	30	4	.	.	PROPN
cblr-8638	30	5	louis	louis	PROPN
cblr-8638	30	6	(	(	PUNCT
cblr-8638	30	7	on	on	ADP
cblr-8638	30	8	file	file	NOUN
cblr-8638	30	9	with	with	ADP
cblr-8638	30	10	the	the	DET
cblr-8638	30	11	columbia	columbia	PROPN
cblr-8638	30	12	business	business	PROPN
cblr-8638	30	13	law	law	PROPN
cblr-8638	30	14	review	review	PROPN
cblr-8638	30	15	)	)	PUNCT
cblr-8638	30	16	,	,	PUNCT
cblr-8638	30	17	https://fred.stlouisfed.org/series/wfrbsb50215	https://fred.stlouisfed.org/series/wfrbsb50215	X
cblr-8638	30	18	(	(	PUNCT
cblr-8638	30	19	last	last	ADJ
cblr-8638	30	20	updated	update	VERB
cblr-8638	30	21	may	may	AUX
cblr-8638	30	22	20	20	NUM
cblr-8638	30	23	,	,	PUNCT
cblr-8638	30	24	2021	2021	NUM
cblr-8638	30	25	)	)	PUNCT
cblr-8638	30	26	(	(	PUNCT
cblr-8638	30	27	bottom	bottom	ADJ
cblr-8638	30	28	fifty	fifty	NUM
cblr-8638	30	29	percent	percent	NOUN
cblr-8638	30	30	)	)	PUNCT
cblr-8638	30	31	.	.	PUNCT
cblr-8638	31	1	macey	macey	PROPN
cblr-8638	31	2	8/22/2021	8/22/2021	NUM
cblr-8638	31	3	3:47	3:47	NUM
cblr-8638	31	4	pm	pm	NOUN
cblr-8638	31	5	798	798	NUM
cblr-8638	31	6	columbia	columbia	PROPN
cblr-8638	31	7	business	business	NOUN
cblr-8638	31	8	law	law	NOUN
cblr-8638	31	9	review	review	NOUN
cblr-8638	31	10	[	[	X
cblr-8638	31	11	vol	vol	NOUN
cblr-8638	31	12	.	.	PUNCT
cblr-8638	31	13	2021	2021	NUM
cblr-8638	31	14	depict	depict	VERB
cblr-8638	31	15	the	the	DET
cblr-8638	31	16	agency	agency	NOUN
cblr-8638	31	17	as	as	ADP
cblr-8638	31	18	tirelessly	tirelessly	ADV
cblr-8638	31	19	working	work	VERB
cblr-8638	31	20	to	to	PART
cblr-8638	31	21	make	make	VERB
cblr-8638	31	22	the	the	DET
cblr-8638	31	23	capital	capital	NOUN
cblr-8638	31	24	markets	market	NOUN
cblr-8638	31	25	fair	fair	ADJ
cblr-8638	31	26	,	,	PUNCT
cblr-8638	31	27	orderly	orderly	ADJ
cblr-8638	31	28	,	,	PUNCT
cblr-8638	31	29	and	and	CCONJ
cblr-8638	31	30	efficient.3	efficient.3	ADJ
cblr-8638	31	31	regulation	regulation	NOUN
cblr-8638	31	32	has	have	AUX
cblr-8638	31	33	not	not	PART
cblr-8638	31	34	made	make	VERB
cblr-8638	31	35	securities	security	NOUN
cblr-8638	31	36	markets	market	NOUN
cblr-8638	31	37	fairer	fair	ADJ
cblr-8638	31	38	.	.	PUNCT
cblr-8638	32	1	rather	rather	ADV
cblr-8638	32	2	,	,	PUNCT
cblr-8638	32	3	market	market	NOUN
cblr-8638	32	4	processes	process	NOUN
cblr-8638	32	5	that	that	PRON
cblr-8638	32	6	result	result	VERB
cblr-8638	32	7	in	in	ADP
cblr-8638	32	8	accurate	accurate	ADJ
cblr-8638	32	9	securities	security	NOUN
cblr-8638	32	10	prices	price	NOUN
cblr-8638	32	11	make	make	VERB
cblr-8638	32	12	markets	market	NOUN
cblr-8638	32	13	fair	fair	ADJ
cblr-8638	32	14	by	by	ADP
cblr-8638	32	15	enabling	enable	VERB
cblr-8638	32	16	buyers	buyer	NOUN
cblr-8638	32	17	and	and	CCONJ
cblr-8638	32	18	sellers	seller	NOUN
cblr-8638	32	19	of	of	ADP
cblr-8638	32	20	securities	security	NOUN
cblr-8638	32	21	to	to	PART
cblr-8638	32	22	transact	transact	VERB
cblr-8638	32	23	at	at	ADP
cblr-8638	32	24	prices	price	NOUN
cblr-8638	32	25	that	that	PRON
cblr-8638	32	26	reflect	reflect	VERB
cblr-8638	32	27	the	the	DET
cblr-8638	32	28	most	most	ADV
cblr-8638	32	29	accurate	accurate	ADJ
cblr-8638	32	30	,	,	PUNCT
cblr-8638	32	31	risk	risk	NOUN
cblr-8638	32	32	-	-	PUNCT
cblr-8638	32	33	adjusted	adjust	VERB
cblr-8638	32	34	present	present	ADJ
cblr-8638	32	35	value	value	NOUN
cblr-8638	32	36	of	of	ADP
cblr-8638	32	37	the	the	DET
cblr-8638	32	38	future	future	ADJ
cblr-8638	32	39	income	income	NOUN
cblr-8638	32	40	associated	associate	VERB
cblr-8638	32	41	with	with	ADP
cblr-8638	32	42	those	those	DET
cblr-8638	32	43	securities	security	NOUN
cblr-8638	32	44	.	.	PUNCT
cblr-8638	33	1	unfortunately	unfortunately	ADV
cblr-8638	33	2	,	,	PUNCT
cblr-8638	33	3	the	the	DET
cblr-8638	33	4	process	process	NOUN
cblr-8638	33	5	of	of	ADP
cblr-8638	33	6	arriving	arrive	VERB
cblr-8638	33	7	at	at	ADP
cblr-8638	33	8	accurate	accurate	ADJ
cblr-8638	33	9	prices	price	NOUN
cblr-8638	33	10	is	be	AUX
cblr-8638	33	11	costly	costly	ADJ
cblr-8638	33	12	and	and	CCONJ
cblr-8638	33	13	often	often	ADV
cblr-8638	33	14	appears	appear	VERB
cblr-8638	33	15	unfair	unfair	ADJ
cblr-8638	33	16	.	.	PUNCT
cblr-8638	34	1	this	this	DET
cblr-8638	34	2	apparent	apparent	ADJ
cblr-8638	34	3	unfairness	unfairness	NOUN
cblr-8638	34	4	results	result	NOUN
cblr-8638	34	5	from	from	ADP
cblr-8638	34	6	the	the	DET
cblr-8638	34	7	fact	fact	NOUN
cblr-8638	34	8	that	that	SCONJ
cblr-8638	34	9	the	the	DET
cblr-8638	34	10	process	process	NOUN
cblr-8638	34	11	by	by	ADP
cblr-8638	34	12	which	which	PRON
cblr-8638	34	13	securities	security	NOUN
cblr-8638	34	14	prices	price	NOUN
cblr-8638	34	15	become	become	VERB
cblr-8638	34	16	more	more	ADV
cblr-8638	34	17	accurate	accurate	ADJ
cblr-8638	34	18	systematically	systematically	ADJ
cblr-8638	34	19	transfers	transfer	NOUN
cblr-8638	34	20	wealth	wealth	NOUN
cblr-8638	34	21	from	from	ADP
cblr-8638	34	22	investors	investor	NOUN
cblr-8638	34	23	who	who	PRON
cblr-8638	34	24	lack	lack	VERB
cblr-8638	34	25	information	information	NOUN
cblr-8638	34	26	to	to	ADP
cblr-8638	34	27	more	more	ADV
cblr-8638	34	28	sophisticated	sophisticated	ADJ
cblr-8638	34	29	,	,	PUNCT
cblr-8638	34	30	professional	professional	ADJ
cblr-8638	34	31	traders	trader	NOUN
cblr-8638	34	32	who	who	PRON
cblr-8638	34	33	enjoy	enjoy	VERB
cblr-8638	34	34	informational	informational	ADJ
cblr-8638	34	35	and	and	CCONJ
cblr-8638	34	36	institutional	institutional	ADJ
cblr-8638	34	37	advantages	advantage	NOUN
cblr-8638	34	38	in	in	ADP
cblr-8638	34	39	obtaining	obtain	VERB
cblr-8638	34	40	information	information	NOUN
cblr-8638	34	41	and	and	CCONJ
cblr-8638	34	42	in	in	ADP
cblr-8638	34	43	translating	translate	VERB
cblr-8638	34	44	that	that	DET
cblr-8638	34	45	information	information	NOUN
cblr-8638	34	46	into	into	ADP
cblr-8638	34	47	a	a	DET
cblr-8638	34	48	profitable	profitable	ADJ
cblr-8638	34	49	trading	trading	NOUN
cblr-8638	34	50	strategy	strategy	NOUN
cblr-8638	34	51	.	.	PUNCT
cblr-8638	35	1	markets	market	NOUN
cblr-8638	35	2	are	be	AUX
cblr-8638	35	3	also	also	ADV
cblr-8638	35	4	,	,	PUNCT
cblr-8638	35	5	by	by	ADP
cblr-8638	35	6	nature	nature	NOUN
cblr-8638	35	7	,	,	PUNCT
cblr-8638	35	8	not	not	PART
cblr-8638	35	9	orderly	orderly	ADJ
cblr-8638	35	10	;	;	PUNCT
cblr-8638	35	11	they	they	PRON
cblr-8638	35	12	are	be	AUX
cblr-8638	35	13	chaotic	chaotic	ADJ
cblr-8638	35	14	and	and	CCONJ
cblr-8638	35	15	unpredictable	unpredictable	ADJ
cblr-8638	35	16	.	.	PUNCT
cblr-8638	36	1	in	in	ADP
cblr-8638	36	2	fact	fact	NOUN
cblr-8638	36	3	,	,	PUNCT
cblr-8638	36	4	stock	stock	NOUN
cblr-8638	36	5	prices	price	NOUN
cblr-8638	36	6	follow	follow	VERB
cblr-8638	36	7	a	a	DET
cblr-8638	36	8	very	very	ADV
cblr-8638	36	9	disorderly	disorderly	ADJ
cblr-8638	36	10	“	"	PUNCT
cblr-8638	36	11	random	random	ADJ
cblr-8638	36	12	walk	walk	NOUN
cblr-8638	36	13	.	.	PUNCT
cblr-8638	36	14	”4	”4	PUNCT
cblr-8638	37	1	the	the	DET
cblr-8638	37	2	“	"	PUNCT
cblr-8638	37	3	random	random	ADJ
cblr-8638	37	4	walk	walk	NOUN
cblr-8638	37	5	”	"	PUNCT
cblr-8638	37	6	means	mean	VERB
cblr-8638	37	7	that	that	SCONJ
cblr-8638	37	8	future	future	ADJ
cblr-8638	37	9	price	price	NOUN
cblr-8638	37	10	movements	movement	NOUN
cblr-8638	37	11	are	be	AUX
cblr-8638	37	12	random	random	ADJ
cblr-8638	37	13	and	and	CCONJ
cblr-8638	37	14	impossible	impossible	ADJ
cblr-8638	37	15	to	to	PART
cblr-8638	37	16	predict	predict	VERB
cblr-8638	37	17	on	on	ADP
cblr-8638	37	18	the	the	DET
cblr-8638	37	19	basis	basis	NOUN
cblr-8638	37	20	of	of	ADP
cblr-8638	37	21	historical	historical	ADJ
cblr-8638	37	22	patterns.5	patterns.5	NOUN
cblr-8638	37	23	the	the	DET
cblr-8638	37	24	reason	reason	NOUN
cblr-8638	37	25	that	that	PRON
cblr-8638	37	26	securities	security	NOUN
cblr-8638	37	27	prices	price	NOUN
cblr-8638	37	28	3	3	NUM
cblr-8638	37	29	see	see	VERB
cblr-8638	37	30	,	,	PUNCT
cblr-8638	37	31	e.g.	e.g.	ADV
cblr-8638	37	32	,	,	PUNCT
cblr-8638	37	33	caroline	caroline	PROPN
cblr-8638	37	34	bradley	bradley	PROPN
cblr-8638	37	35	,	,	PUNCT
cblr-8638	37	36	disorderly	disorderly	ADJ
cblr-8638	37	37	conduct	conduct	NOUN
cblr-8638	37	38	:	:	PUNCT
cblr-8638	37	39	day	day	NOUN
cblr-8638	37	40	traders	trader	NOUN
cblr-8638	37	41	and	and	CCONJ
cblr-8638	37	42	the	the	DET
cblr-8638	37	43	ideology	ideology	NOUN
cblr-8638	37	44	of	of	ADP
cblr-8638	37	45	“	"	PUNCT
cblr-8638	37	46	fair	fair	ADJ
cblr-8638	37	47	and	and	CCONJ
cblr-8638	37	48	orderly	orderly	ADJ
cblr-8638	37	49	markets	market	NOUN
cblr-8638	37	50	”	"	PUNCT
cblr-8638	37	51	,	,	PUNCT
cblr-8638	37	52	26	26	NUM
cblr-8638	37	53	j.	j.	PROPN
cblr-8638	37	54	corp	corp	PROPN
cblr-8638	37	55	.	.	PROPN
cblr-8638	37	56	l.	l.	PROPN
cblr-8638	37	57	63	63	NUM
cblr-8638	37	58	,	,	PUNCT
cblr-8638	37	59	64	64	NUM
cblr-8638	37	60	(	(	PUNCT
cblr-8638	37	61	2000	2000	NUM
cblr-8638	37	62	)	)	PUNCT
cblr-8638	37	63	(	(	PUNCT
cblr-8638	37	64	observing	observe	VERB
cblr-8638	37	65	that	that	SCONJ
cblr-8638	37	66	“	"	PUNCT
cblr-8638	37	67	[	[	X
cblr-8638	37	68	p]oliticians	p]olitician	NOUN
cblr-8638	37	69	and	and	CCONJ
cblr-8638	37	70	regulators	regulator	NOUN
cblr-8638	37	71	use	use	VERB
cblr-8638	37	72	th[e	th[e	PROPN
cblr-8638	37	73	]	]	PUNCT
cblr-8638	37	74	rhetoric	rhetoric	NOUN
cblr-8638	37	75	[	[	X
cblr-8638	37	76	of	of	ADP
cblr-8638	37	77	fair	fair	ADJ
cblr-8638	37	78	and	and	CCONJ
cblr-8638	37	79	orderly	orderly	ADJ
cblr-8638	37	80	markets	market	NOUN
cblr-8638	37	81	]	]	PUNCT
cblr-8638	37	82	to	to	PART
cblr-8638	37	83	justify	justify	VERB
cblr-8638	37	84	and	and	CCONJ
cblr-8638	37	85	legitimate	legitimate	VERB
cblr-8638	37	86	their	their	PRON
cblr-8638	37	87	actions	action	NOUN
cblr-8638	37	88	.	.	PUNCT
cblr-8638	37	89	.	.	PUNCT
cblr-8638	37	90	.	.	PUNCT
cblr-8638	37	91	.	.	PUNCT
cblr-8638	38	1	for	for	ADP
cblr-8638	38	2	over	over	ADP
cblr-8638	38	3	sixty	sixty	NUM
cblr-8638	38	4	years	year	NOUN
cblr-8638	38	5	,	,	PUNCT
cblr-8638	38	6	united	united	PROPN
cblr-8638	38	7	states	states	PROPN
cblr-8638	38	8	securities	security	NOUN
cblr-8638	38	9	regulators	regulator	NOUN
cblr-8638	38	10	have	have	AUX
cblr-8638	38	11	told	tell	VERB
cblr-8638	38	12	us	we	PRON
cblr-8638	38	13	that	that	SCONJ
cblr-8638	38	14	if	if	SCONJ
cblr-8638	38	15	they	they	PRON
cblr-8638	38	16	can	can	AUX
cblr-8638	38	17	ensure	ensure	VERB
cblr-8638	38	18	that	that	SCONJ
cblr-8638	38	19	the	the	DET
cblr-8638	38	20	markets	market	NOUN
cblr-8638	38	21	operate	operate	VERB
cblr-8638	38	22	in	in	ADP
cblr-8638	38	23	a	a	DET
cblr-8638	38	24	fair	fair	ADJ
cblr-8638	38	25	and	and	CCONJ
cblr-8638	38	26	orderly	orderly	ADJ
cblr-8638	38	27	manner	manner	NOUN
cblr-8638	38	28	,	,	PUNCT
cblr-8638	38	29	investors	investor	NOUN
cblr-8638	38	30	will	will	AUX
cblr-8638	38	31	have	have	VERB
cblr-8638	38	32	the	the	DET
cblr-8638	38	33	confidence	confidence	NOUN
cblr-8638	38	34	to	to	PART
cblr-8638	38	35	invest	invest	VERB
cblr-8638	38	36	in	in	ADP
cblr-8638	38	37	securities	security	NOUN
cblr-8638	38	38	issued	issue	VERB
cblr-8638	38	39	by	by	ADP
cblr-8638	38	40	businesses	business	NOUN
cblr-8638	38	41	which	which	PRON
cblr-8638	38	42	need	need	VERB
cblr-8638	38	43	to	to	PART
cblr-8638	38	44	raise	raise	VERB
cblr-8638	38	45	capital	capital	NOUN
cblr-8638	38	46	.	.	PUNCT
cblr-8638	38	47	”	"	PUNCT
cblr-8638	38	48	)	)	PUNCT
cblr-8638	38	49	;	;	PUNCT
cblr-8638	38	50	securities	security	NOUN
cblr-8638	38	51	exchange	exchange	PROPN
cblr-8638	38	52	commission	commission	PROPN
cblr-8638	38	53	(	(	PUNCT
cblr-8638	38	54	sec	sec	PROPN
cblr-8638	38	55	)	)	PUNCT
cblr-8638	38	56	,	,	PUNCT
cblr-8638	38	57	j.	j.	PROPN
cblr-8638	38	58	reg	reg	PROPN
cblr-8638	38	59	.	.	PROPN
cblr-8638	38	60	&	&	CCONJ
cblr-8638	38	61	compliance	compliance	PROPN
cblr-8638	38	62	,	,	PUNCT
cblr-8638	38	63	https://thejournalofregulation.com/en/article/security-exchange-commission-sec	https://thejournalofregulation.com/en/article/security-exchange-commission-sec	PROPN
cblr-8638	39	1	[	[	X
cblr-8638	39	2	https://perma.cc/r8l8-724c	https://perma.cc/r8l8-724c	X
cblr-8638	39	3	]	]	X
cblr-8638	39	4	(	(	PUNCT
cblr-8638	39	5	last	last	ADV
cblr-8638	39	6	visited	visit	VERB
cblr-8638	39	7	mar	mar	PROPN
cblr-8638	39	8	.	.	PROPN
cblr-8638	39	9	8	8	NUM
cblr-8638	39	10	,	,	PUNCT
cblr-8638	39	11	2021	2021	NUM
cblr-8638	39	12	)	)	PUNCT
cblr-8638	39	13	;	;	PUNCT
cblr-8638	39	14	the	the	DET
cblr-8638	39	15	role	role	NOUN
cblr-8638	39	16	of	of	ADP
cblr-8638	39	17	the	the	DET
cblr-8638	39	18	sec	sec	PROPN
cblr-8638	39	19	,	,	PUNCT
cblr-8638	39	20	u.s	u.s	PROPN
cblr-8638	39	21	.	.	PROPN
cblr-8638	39	22	sec	sec	PROPN
cblr-8638	39	23	.	.	PROPN
cblr-8638	39	24	&	&	CCONJ
cblr-8638	39	25	exch	exch	PROPN
cblr-8638	39	26	.	.	PUNCT
cblr-8638	40	1	comm’n	comm’n	PROPN
cblr-8638	40	2	,	,	PUNCT
cblr-8638	40	3	https://www.investor.gov/introduction-investing/investing-basics/role-sec	https://www.investor.gov/introduction-investing/investing-basics/role-sec	PROPN
cblr-8638	40	4	[	[	X
cblr-8638	40	5	https://perma.cc/d44s-znpx	https://perma.cc/d44s-znpx	X
cblr-8638	40	6	]	]	X
cblr-8638	40	7	(	(	PUNCT
cblr-8638	40	8	last	last	ADV
cblr-8638	40	9	visited	visit	VERB
cblr-8638	40	10	mar	mar	PROPN
cblr-8638	40	11	.	.	PROPN
cblr-8638	40	12	8	8	NUM
cblr-8638	40	13	,	,	PUNCT
cblr-8638	40	14	2021	2021	NUM
cblr-8638	40	15	)	)	PUNCT
cblr-8638	40	16	.	.	PUNCT
cblr-8638	41	1	4	4	NUM
cblr-8638	41	2	burton	burton	PROPN
cblr-8638	41	3	malkiel	malkiel	VERB
cblr-8638	41	4	popularized	popularize	VERB
cblr-8638	41	5	the	the	DET
cblr-8638	41	6	fact	fact	NOUN
cblr-8638	41	7	that	that	SCONJ
cblr-8638	41	8	past	past	ADJ
cblr-8638	41	9	movements	movement	NOUN
cblr-8638	41	10	or	or	CCONJ
cblr-8638	41	11	trends	trend	NOUN
cblr-8638	41	12	in	in	ADP
cblr-8638	41	13	the	the	DET
cblr-8638	41	14	price	price	NOUN
cblr-8638	41	15	of	of	ADP
cblr-8638	41	16	a	a	DET
cblr-8638	41	17	company	company	NOUN
cblr-8638	41	18	’s	’s	PART
cblr-8638	41	19	shares	share	NOUN
cblr-8638	41	20	,	,	PUNCT
cblr-8638	41	21	or	or	CCONJ
cblr-8638	41	22	in	in	ADP
cblr-8638	41	23	capital	capital	NOUN
cblr-8638	41	24	markets	market	NOUN
cblr-8638	41	25	,	,	PUNCT
cblr-8638	41	26	generally	generally	ADV
cblr-8638	41	27	can	can	AUX
cblr-8638	41	28	not	not	PART
cblr-8638	41	29	be	be	AUX
cblr-8638	41	30	used	use	VERB
cblr-8638	41	31	to	to	PART
cblr-8638	41	32	predict	predict	VERB
cblr-8638	41	33	future	future	ADJ
cblr-8638	41	34	price	price	NOUN
cblr-8638	41	35	movements	movement	NOUN
cblr-8638	41	36	.	.	PUNCT
cblr-8638	42	1	as	as	ADV
cblr-8638	42	2	so	so	ADV
cblr-8638	42	3	observed	observe	VERB
cblr-8638	42	4	,	,	PUNCT
cblr-8638	42	5	stock	stock	NOUN
cblr-8638	42	6	prices	price	NOUN
cblr-8638	42	7	inherently	inherently	ADV
cblr-8638	42	8	follow	follow	VERB
cblr-8638	42	9	a	a	DET
cblr-8638	42	10	random	random	ADJ
cblr-8638	42	11	and	and	CCONJ
cblr-8638	42	12	unpredictable	unpredictable	ADJ
cblr-8638	42	13	path	path	NOUN
cblr-8638	42	14	that	that	PRON
cblr-8638	42	15	makes	make	VERB
cblr-8638	42	16	it	it	PRON
cblr-8638	42	17	impossible	impossible	ADJ
cblr-8638	42	18	to	to	PART
cblr-8638	42	19	predict	predict	VERB
cblr-8638	42	20	future	future	ADJ
cblr-8638	42	21	stock	stock	NOUN
cblr-8638	42	22	prices	price	NOUN
cblr-8638	42	23	.	.	PUNCT
cblr-8638	43	1	burton	burton	PROPN
cblr-8638	43	2	g.	g.	PROPN
cblr-8638	43	3	malkiel	malkiel	PROPN
cblr-8638	43	4	,	,	PUNCT
cblr-8638	43	5	a	a	DET
cblr-8638	43	6	random	random	ADJ
cblr-8638	43	7	walk	walk	NOUN
cblr-8638	43	8	down	down	ADP
cblr-8638	43	9	wall	wall	PROPN
cblr-8638	43	10	street	street	PROPN
cblr-8638	43	11	141–45	141–45	PROPN
cblr-8638	43	12	(	(	PUNCT
cblr-8638	43	13	7th	7th	ADJ
cblr-8638	43	14	ed	ed	NOUN
cblr-8638	43	15	.	.	PROPN
cblr-8638	43	16	1999	1999	NUM
cblr-8638	43	17	)	)	PUNCT
cblr-8638	43	18	(	(	PUNCT
cblr-8638	43	19	1973	1973	NUM
cblr-8638	43	20	)	)	PUNCT
cblr-8638	43	21	.	.	PUNCT
cblr-8638	44	1	5	5	NUM
cblr-8638	45	1	i	i	PRON
cblr-8638	45	2	d.	d.	PROPN
cblr-8638	45	3	at	at	ADP
cblr-8638	45	4	142–45	142–45	NUM
cblr-8638	45	5	.	.	PUNCT
cblr-8638	46	1	macey	macey	PROPN
cblr-8638	46	2	8/22/2021	8/22/2021	NUM
cblr-8638	46	3	3:47	3:47	NUM
cblr-8638	46	4	pm	pm	NOUN
cblr-8638	46	5	no	no	INTJ
cblr-8638	46	6	.	.	PUNCT
cblr-8638	47	1	2:796	2:796	NUM
cblr-8638	47	2	]	]	X
cblr-8638	47	3	securities	security	NOUN
cblr-8638	47	4	regulation	regulation	NOUN
cblr-8638	47	5	and	and	CCONJ
cblr-8638	47	6	class	class	NOUN
cblr-8638	47	7	warfare	warfare	NOUN
cblr-8638	47	8	799	799	NUM
cblr-8638	47	9	follow	follow	VERB
cblr-8638	47	10	a	a	DET
cblr-8638	47	11	random	random	ADJ
cblr-8638	47	12	pattern	pattern	NOUN
cblr-8638	47	13	is	be	AUX
cblr-8638	47	14	that	that	SCONJ
cblr-8638	47	15	prices	price	NOUN
cblr-8638	47	16	react	react	VERB
cblr-8638	47	17	quickly	quickly	ADV
cblr-8638	47	18	to	to	PART
cblr-8638	47	19	reflect	reflect	VERB
cblr-8638	47	20	new	new	ADJ
cblr-8638	47	21	information	information	NOUN
cblr-8638	47	22	.	.	PUNCT
cblr-8638	48	1	rivalrous	rivalrous	ADJ
cblr-8638	48	2	competition	competition	NOUN
cblr-8638	48	3	results	result	NOUN
cblr-8638	48	4	in	in	ADP
cblr-8638	48	5	efficient	efficient	ADJ
cblr-8638	48	6	markets	market	NOUN
cblr-8638	48	7	.	.	PUNCT
cblr-8638	49	1	regulation	regulation	NOUN
cblr-8638	49	2	designed	design	VERB
cblr-8638	49	3	to	to	PART
cblr-8638	49	4	make	make	VERB
cblr-8638	49	5	markets	market	NOUN
cblr-8638	49	6	more	more	ADV
cblr-8638	49	7	fair	fair	ADJ
cblr-8638	49	8	leads	lead	VERB
cblr-8638	49	9	to	to	ADP
cblr-8638	49	10	less	less	ADJ
cblr-8638	49	11	efficiency	efficiency	NOUN
cblr-8638	49	12	.	.	PUNCT
cblr-8638	50	1	and	and	CCONJ
cblr-8638	50	2	,	,	PUNCT
cblr-8638	50	3	since	since	SCONJ
cblr-8638	50	4	efficient	efficient	ADJ
cblr-8638	50	5	markets	market	NOUN
cblr-8638	50	6	are	be	AUX
cblr-8638	50	7	fair	fair	ADJ
cblr-8638	50	8	markets	market	NOUN
cblr-8638	50	9	,	,	PUNCT
cblr-8638	50	10	regulation	regulation	NOUN
cblr-8638	50	11	often	often	ADV
cblr-8638	50	12	renders	render	VERB
cblr-8638	50	13	markets	market	NOUN
cblr-8638	50	14	less	less	ADV
cblr-8638	50	15	fair	fair	ADJ
cblr-8638	50	16	rather	rather	ADV
cblr-8638	50	17	than	than	ADP
cblr-8638	50	18	more	more	ADV
cblr-8638	50	19	fair	fair	ADJ
cblr-8638	50	20	.	.	PUNCT
cblr-8638	51	1	interestingly	interestingly	ADV
cblr-8638	51	2	,	,	PUNCT
cblr-8638	51	3	a	a	DET
cblr-8638	51	4	vast	vast	ADJ
cblr-8638	51	5	gulf	gulf	NOUN
cblr-8638	51	6	exists	exist	VERB
cblr-8638	51	7	between	between	ADP
cblr-8638	51	8	the	the	DET
cblr-8638	51	9	way	way	NOUN
cblr-8638	51	10	that	that	PRON
cblr-8638	51	11	securities	security	NOUN
cblr-8638	51	12	law	law	NOUN
cblr-8638	51	13	and	and	CCONJ
cblr-8638	51	14	securities	security	NOUN
cblr-8638	51	15	markets	market	NOUN
cblr-8638	51	16	are	be	AUX
cblr-8638	51	17	perceived	perceive	VERB
cblr-8638	51	18	by	by	ADP
cblr-8638	51	19	the	the	DET
cblr-8638	51	20	elites	elite	NOUN
cblr-8638	51	21	and	and	CCONJ
cblr-8638	51	22	non	non	NOUN
cblr-8638	51	23	-	-	NOUN
cblr-8638	51	24	elites	elite	NOUN
cblr-8638	51	25	.	.	PUNCT
cblr-8638	52	1	this	this	DET
cblr-8638	52	2	rift	rift	NOUN
cblr-8638	52	3	was	be	AUX
cblr-8638	52	4	brought	bring	VERB
cblr-8638	52	5	into	into	ADP
cblr-8638	52	6	sharp	sharp	ADJ
cblr-8638	52	7	focus	focus	NOUN
cblr-8638	52	8	on	on	ADP
cblr-8638	52	9	january	january	PROPN
cblr-8638	52	10	28	28	NUM
cblr-8638	52	11	,	,	PUNCT
cblr-8638	52	12	2021	2021	NUM
cblr-8638	52	13	.	.	PUNCT
cblr-8638	53	1	on	on	ADP
cblr-8638	53	2	that	that	DET
cblr-8638	53	3	day	day	NOUN
cblr-8638	53	4	,	,	PUNCT
cblr-8638	53	5	an	an	DET
cblr-8638	53	6	elite	elite	ADJ
cblr-8638	53	7	law	law	NOUN
cblr-8638	53	8	firm	firm	NOUN
cblr-8638	53	9	—	—	PUNCT
cblr-8638	53	10	wachtell	wachtell	PROPN
cblr-8638	53	11	,	,	PUNCT
cblr-8638	53	12	lipton	lipton	PROPN
cblr-8638	53	13	,	,	PUNCT
cblr-8638	53	14	rosen	rosen	PROPN
cblr-8638	53	15	&	&	CCONJ
cblr-8638	53	16	katz	katz	PROPN
cblr-8638	53	17	—	—	PUNCT
cblr-8638	53	18	published	publish	VERB
cblr-8638	53	19	a	a	DET
cblr-8638	53	20	paean	paean	NOUN
cblr-8638	53	21	to	to	ADP
cblr-8638	53	22	former	former	ADJ
cblr-8638	53	23	sec	sec	PROPN
cblr-8638	53	24	chair	chair	NOUN
cblr-8638	53	25	jay	jay	PROPN
cblr-8638	53	26	clayton	clayton	PROPN
cblr-8638	53	27	,	,	PUNCT
cblr-8638	53	28	who	who	PRON
cblr-8638	53	29	had	have	AUX
cblr-8638	53	30	concluded	conclude	VERB
cblr-8638	53	31	his	his	PRON
cblr-8638	53	32	term	term	NOUN
cblr-8638	53	33	at	at	ADP
cblr-8638	53	34	the	the	DET
cblr-8638	53	35	commission	commission	NOUN
cblr-8638	53	36	in	in	ADP
cblr-8638	53	37	december	december	PROPN
cblr-8638	53	38	2020.6	2020.6	NUM
cblr-8638	53	39	wachtell	wachtell	NOUN
cblr-8638	53	40	’s	’s	PART
cblr-8638	53	41	homage	homage	NOUN
cblr-8638	53	42	lauded	laud	VERB
cblr-8638	53	43	the	the	DET
cblr-8638	53	44	clayton	clayton	PROPN
cblr-8638	53	45	sec	sec	PROPN
cblr-8638	53	46	for	for	ADP
cblr-8638	53	47	protecting	protect	VERB
cblr-8638	53	48	investors	investor	NOUN
cblr-8638	53	49	,	,	PUNCT
cblr-8638	53	50	maintaining	maintain	VERB
cblr-8638	53	51	fair	fair	ADJ
cblr-8638	53	52	,	,	PUNCT
cblr-8638	53	53	orderly	orderly	ADJ
cblr-8638	53	54	,	,	PUNCT
cblr-8638	53	55	and	and	CCONJ
cblr-8638	53	56	efficient	efficient	ADJ
cblr-8638	53	57	markets	market	NOUN
cblr-8638	53	58	,	,	PUNCT
cblr-8638	53	59	and	and	CCONJ
cblr-8638	53	60	facilitating	facilitate	VERB
cblr-8638	53	61	capital	capital	NOUN
cblr-8638	53	62	formation.7	formation.7	PROPN
cblr-8638	53	63	chairman	chairman	NOUN
cblr-8638	53	64	clayton	clayton	PROPN
cblr-8638	53	65	was	be	AUX
cblr-8638	53	66	particularly	particularly	ADV
cblr-8638	53	67	lauded	laud	VERB
cblr-8638	53	68	for	for	ADP
cblr-8638	53	69	“	"	PUNCT
cblr-8638	53	70	‘	'	PUNCT
cblr-8638	53	71	looking	look	VERB
cblr-8638	53	72	out	out	ADP
cblr-8638	53	73	for	for	ADP
cblr-8638	53	74	’	'	PUNCT
cblr-8638	53	75	the	the	DET
cblr-8638	53	76	long	long	ADJ
cblr-8638	53	77	-	-	PUNCT
cblr-8638	53	78	term	term	NOUN
cblr-8638	53	79	interests	interest	NOUN
cblr-8638	53	80	of	of	ADP
cblr-8638	53	81	the	the	DET
cblr-8638	53	82	[	[	X
cblr-8638	53	83	fifty	fifty	NUM
cblr-8638	53	84	-	-	PUNCT
cblr-8638	53	85	two	two	NUM
cblr-8638	53	86	percent	percent	NOUN
cblr-8638	53	87	]	]	PUNCT
cblr-8638	53	88	of	of	ADP
cblr-8638	53	89	american	american	ADJ
cblr-8638	53	90	households	household	NOUN
cblr-8638	53	91	who	who	PRON
cblr-8638	53	92	participate	participate	VERB
cblr-8638	53	93	in	in	ADP
cblr-8638	53	94	the	the	DET
cblr-8638	53	95	capital	capital	NOUN
cblr-8638	53	96	markets	market	NOUN
cblr-8638	53	97	.	.	PUNCT
cblr-8638	53	98	”8	”8	PUNCT
cblr-8638	54	1	the	the	DET
cblr-8638	54	2	wachtell	wachtell	NOUN
cblr-8638	54	3	authors	author	NOUN
cblr-8638	54	4	even	even	ADV
cblr-8638	54	5	predicted	predict	VERB
cblr-8638	54	6	that	that	SCONJ
cblr-8638	54	7	,	,	PUNCT
cblr-8638	54	8	at	at	ADP
cblr-8638	54	9	some	some	DET
cblr-8638	54	10	undisclosed	undisclosed	ADJ
cblr-8638	54	11	moment	moment	NOUN
cblr-8638	54	12	in	in	ADP
cblr-8638	54	13	the	the	DET
cblr-8638	54	14	future	future	NOUN
cblr-8638	54	15	,	,	PUNCT
cblr-8638	54	16	“	"	PUNCT
cblr-8638	54	17	main	main	ADJ
cblr-8638	54	18	street	street	NOUN
cblr-8638	54	19	investors	investor	NOUN
cblr-8638	54	20	will	will	AUX
cblr-8638	54	21	reap	reap	VERB
cblr-8638	54	22	the	the	DET
cblr-8638	54	23	benefits	benefit	NOUN
cblr-8638	54	24	of	of	ADP
cblr-8638	54	25	not	not	PART
cblr-8638	54	26	only	only	ADV
cblr-8638	54	27	the	the	DET
cblr-8638	54	28	heightened	heighten	VERB
cblr-8638	54	29	protections	protection	NOUN
cblr-8638	54	30	,	,	PUNCT
cblr-8638	54	31	but	but	CCONJ
cblr-8638	54	32	also	also	ADV
cblr-8638	54	33	the	the	DET
cblr-8638	54	34	expanded	expand	VERB
cblr-8638	54	35	market	market	NOUN
cblr-8638	54	36	opportunities	opportunity	NOUN
cblr-8638	54	37	,	,	PUNCT
cblr-8638	54	38	that	that	PRON
cblr-8638	54	39	will	will	AUX
cblr-8638	54	40	result	result	VERB
cblr-8638	54	41	from	from	ADP
cblr-8638	54	42	sec	sec	PROPN
cblr-8638	54	43	initiatives	initiative	NOUN
cblr-8638	54	44	taken	take	VERB
cblr-8638	54	45	under	under	ADP
cblr-8638	54	46	chairman	chairman	PROPN
cblr-8638	54	47	clayton	clayton	PROPN
cblr-8638	54	48	’s	’s	PART
cblr-8638	54	49	leadership	leadership	NOUN
cblr-8638	54	50	.	.	PUNCT
cblr-8638	54	51	”9	”9	PUNCT
cblr-8638	55	1	wachtell	wachtell	PROPN
cblr-8638	55	2	emphasized	emphasize	VERB
cblr-8638	55	3	the	the	DET
cblr-8638	55	4	“	"	PUNCT
cblr-8638	55	5	adoption	adoption	NOUN
cblr-8638	55	6	of	of	ADP
cblr-8638	55	7	amendments	amendment	NOUN
cblr-8638	55	8	to	to	ADP
cblr-8638	55	9	the	the	DET
cblr-8638	55	10	proxy	proxy	NOUN
cblr-8638	55	11	rules	rule	NOUN
cblr-8638	55	12	regarding	regard	VERB
cblr-8638	55	13	the	the	DET
cblr-8638	55	14	role	role	NOUN
cblr-8638	55	15	of	of	ADP
cblr-8638	55	16	proxy	proxy	ADJ
cblr-8638	55	17	advisory	advisory	ADJ
cblr-8638	55	18	firms	firm	NOUN
cblr-8638	55	19	”	"	PUNCT
cblr-8638	55	20	as	as	ADP
cblr-8638	55	21	an	an	DET
cblr-8638	55	22	sec	sec	PROPN
cblr-8638	55	23	initiative	initiative	NOUN
cblr-8638	55	24	that	that	PRON
cblr-8638	55	25	would	would	AUX
cblr-8638	55	26	be	be	AUX
cblr-8638	55	27	particularly	particularly	ADV
cblr-8638	55	28	helpful	helpful	ADJ
cblr-8638	55	29	to	to	ADP
cblr-8638	55	30	ordinary	ordinary	ADJ
cblr-8638	55	31	main	main	ADJ
cblr-8638	55	32	street	street	NOUN
cblr-8638	55	33	investors.10	investors.10	NOUN
cblr-8638	55	34	however	however	ADV
cblr-8638	55	35	,	,	PUNCT
cblr-8638	55	36	the	the	DET
cblr-8638	55	37	sec	sec	PROPN
cblr-8638	55	38	’s	’s	PART
cblr-8638	55	39	regulation	regulation	NOUN
cblr-8638	55	40	of	of	ADP
cblr-8638	55	41	proxy	proxy	ADJ
cblr-8638	55	42	advisory	advisory	ADJ
cblr-8638	55	43	firms11	firms11	NOUN
cblr-8638	55	44	does	do	AUX
cblr-8638	55	45	not	not	PART
cblr-8638	55	46	help	help	VERB
cblr-8638	55	47	main	main	ADJ
cblr-8638	55	48	street	street	NOUN
cblr-8638	55	49	investors	investor	NOUN
cblr-8638	55	50	.	.	PUNCT
cblr-8638	56	1	6	6	NUM
cblr-8638	56	2	see	see	VERB
cblr-8638	56	3	generally	generally	ADV
cblr-8638	56	4	david	david	PROPN
cblr-8638	56	5	a.	a.	PROPN
cblr-8638	56	6	katz	katz	PROPN
cblr-8638	56	7	&	&	CCONJ
cblr-8638	56	8	laura	laura	PROPN
cblr-8638	56	9	a.	a.	PROPN
cblr-8638	56	10	mcintosh	mcintosh	PROPN
cblr-8638	56	11	,	,	PUNCT
cblr-8638	56	12	corporate	corporate	ADJ
cblr-8638	56	13	governance	governance	NOUN
cblr-8638	56	14	update	update	NOUN
cblr-8638	56	15	:	:	PUNCT
cblr-8638	56	16	thank	thank	VERB
cblr-8638	56	17	you	you	PRON
cblr-8638	56	18	,	,	PUNCT
cblr-8638	56	19	chairman	chairman	PROPN
cblr-8638	56	20	clayton	clayton	PROPN
cblr-8638	56	21	(	(	PUNCT
cblr-8638	56	22	2021	2021	NUM
cblr-8638	56	23	)	)	PUNCT
cblr-8638	56	24	,	,	PUNCT
cblr-8638	56	25	https://www.wlrk.com/webdocs/wlrknew/clientmemos/wlrk/wlrk	https://www.wlrk.com/webdocs/wlrknew/clientmemos/wlrk/wlrk	NOUN
cblr-8638	56	26	.	.	PUNCT
cblr-8638	56	27	27333.21.pdf	27333.21.pdf	NUM
cblr-8638	57	1	[	[	X
cblr-8638	57	2	https://perma.cc/mpv4-vymd	https://perma.cc/mpv4-vymd	X
cblr-8638	57	3	]	]	X
cblr-8638	57	4	.	.	PUNCT
cblr-8638	58	1	7	7	NUM
cblr-8638	58	2	see	see	VERB
cblr-8638	58	3	i	i	PRON
cblr-8638	58	4	d.	d.	PROPN
cblr-8638	58	5	at	at	ADP
cblr-8638	58	6	2–3	2–3	PROPN
cblr-8638	58	7	.	.	NOUN
cblr-8638	58	8	8	8	NUM
cblr-8638	59	1	i	i	PRON
cblr-8638	59	2	d.	d.	NOUN
cblr-8638	59	3	at	at	ADP
cblr-8638	59	4	2	2	NUM
cblr-8638	59	5	.	.	NUM
cblr-8638	59	6	9	9	NUM
cblr-8638	60	1	i	i	NOUN
cblr-8638	60	2	d.	d.	PROPN
cblr-8638	60	3	10	10	NUM
cblr-8638	61	1	i	i	PRON
cblr-8638	61	2	d.	d.	PROPN
cblr-8638	61	3	at	at	ADP
cblr-8638	61	4	2–3	2–3	PROPN
cblr-8638	61	5	.	.	PROPN
cblr-8638	61	6	11	11	NUM
cblr-8638	61	7	for	for	ADP
cblr-8638	61	8	the	the	DET
cblr-8638	61	9	new	new	ADJ
cblr-8638	61	10	rules	rule	NOUN
cblr-8638	61	11	,	,	PUNCT
cblr-8638	61	12	which	which	PRON
cblr-8638	61	13	impose	impose	VERB
cblr-8638	61	14	more	more	ADV
cblr-8638	61	15	onerous	onerous	ADJ
cblr-8638	61	16	disclosure	disclosure	NOUN
cblr-8638	61	17	obligations	obligation	NOUN
cblr-8638	61	18	on	on	ADP
cblr-8638	61	19	proxy	proxy	ADJ
cblr-8638	61	20	advisers	adviser	NOUN
cblr-8638	61	21	,	,	PUNCT
cblr-8638	61	22	see	see	VERB
cblr-8638	61	23	generally	generally	ADV
cblr-8638	61	24	exemptions	exemption	NOUN
cblr-8638	61	25	from	from	ADP
cblr-8638	61	26	the	the	DET
cblr-8638	61	27	proxy	proxy	NOUN
cblr-8638	61	28	rules	rule	NOUN
cblr-8638	61	29	for	for	ADP
cblr-8638	61	30	proxy	proxy	ADJ
cblr-8638	61	31	voting	voting	NOUN
cblr-8638	61	32	advice	advice	NOUN
cblr-8638	61	33	,	,	PUNCT
cblr-8638	61	34	85	85	NUM
cblr-8638	61	35	fed	feed	VERB
cblr-8638	61	36	.	.	PUNCT
cblr-8638	62	1	reg	reg	PROPN
cblr-8638	62	2	.	.	PROPN
cblr-8638	63	1	55,082	55,082	NUM
cblr-8638	63	2	(	(	PUNCT
cblr-8638	63	3	sept	sept	PROPN
cblr-8638	63	4	.	.	PROPN
cblr-8638	63	5	3	3	NUM
cblr-8638	63	6	,	,	PUNCT
cblr-8638	63	7	2020	2020	NUM
cblr-8638	63	8	)	)	PUNCT
cblr-8638	63	9	(	(	PUNCT
cblr-8638	63	10	to	to	PART
cblr-8638	63	11	be	be	AUX
cblr-8638	63	12	codified	codify	VERB
cblr-8638	63	13	at	at	ADP
cblr-8638	63	14	17	17	NUM
cblr-8638	63	15	c.f.r	c.f.r	NOUN
cblr-8638	63	16	.	.	PUNCT
cblr-8638	64	1	pt	pt	PROPN
cblr-8638	64	2	.	.	PROPN
cblr-8638	64	3	240	240	NUM
cblr-8638	64	4	)	)	PUNCT
cblr-8638	64	5	.	.	PUNCT
cblr-8638	65	1	macey	macey	PROPN
cblr-8638	65	2	8/22/2021	8/22/2021	NUM
cblr-8638	65	3	3:47	3:47	NUM
cblr-8638	65	4	pm	pm	PROPN
cblr-8638	65	5	800	800	NUM
cblr-8638	65	6	columbia	columbia	PROPN
cblr-8638	65	7	business	business	NOUN
cblr-8638	65	8	law	law	NOUN
cblr-8638	65	9	review	review	NOUN
cblr-8638	66	1	[	[	X
cblr-8638	66	2	vol	vol	NOUN
cblr-8638	66	3	.	.	PUNCT
cblr-8638	66	4	2021	2021	NUM
cblr-8638	66	5	instead	instead	ADV
cblr-8638	66	6	,	,	PUNCT
cblr-8638	66	7	it	it	PRON
cblr-8638	66	8	creates	create	VERB
cblr-8638	66	9	obstacles	obstacle	NOUN
cblr-8638	66	10	for	for	ADP
cblr-8638	66	11	investors	investor	NOUN
cblr-8638	66	12	who	who	PRON
cblr-8638	66	13	want	want	VERB
cblr-8638	66	14	to	to	PART
cblr-8638	66	15	challenge	challenge	VERB
cblr-8638	66	16	wachtell	wachtell	PROPN
cblr-8638	66	17	’s	’s	PART
cblr-8638	66	18	client	client	PROPN
cblr-8638	66	19	base	base	NOUN
cblr-8638	66	20	—	—	PUNCT
cblr-8638	66	21	entrenched	entrenched	ADJ
cblr-8638	66	22	management	management	NOUN
cblr-8638	66	23	in	in	ADP
cblr-8638	66	24	large	large	ADJ
cblr-8638	66	25	,	,	PUNCT
cblr-8638	66	26	publicly	publicly	ADV
cblr-8638	66	27	traded	trade	VERB
cblr-8638	66	28	companies	company	NOUN
cblr-8638	66	29	seeking	seek	VERB
cblr-8638	66	30	to	to	PART
cblr-8638	66	31	fend	fend	VERB
cblr-8638	66	32	off	off	ADP
cblr-8638	66	33	activist	activist	ADJ
cblr-8638	66	34	investors	investor	NOUN
cblr-8638	66	35	in	in	ADP
cblr-8638	66	36	general	general	ADJ
cblr-8638	66	37	and	and	CCONJ
cblr-8638	66	38	hostile	hostile	ADJ
cblr-8638	66	39	takeovers	takeover	NOUN
cblr-8638	66	40	in	in	ADP
cblr-8638	66	41	particular	particular	ADJ
cblr-8638	66	42	.	.	PUNCT
cblr-8638	67	1	the	the	DET
cblr-8638	67	2	sec	sec	PROPN
cblr-8638	67	3	was	be	AUX
cblr-8638	67	4	also	also	ADV
cblr-8638	67	5	lauded	laud	VERB
cblr-8638	67	6	for	for	ADP
cblr-8638	67	7	its	its	PRON
cblr-8638	67	8	promulgation	promulgation	NOUN
cblr-8638	67	9	of	of	ADP
cblr-8638	67	10	regulation	regulation	NOUN
cblr-8638	67	11	best	good	ADJ
cblr-8638	67	12	interest	interest	NOUN
cblr-8638	67	13	,	,	PUNCT
cblr-8638	67	14	which	which	PRON
cblr-8638	67	15	establishes	establish	VERB
cblr-8638	67	16	an	an	DET
cblr-8638	67	17	enhanced	enhanced	ADJ
cblr-8638	67	18	standard	standard	NOUN
cblr-8638	67	19	of	of	ADP
cblr-8638	67	20	conduct	conduct	NOUN
cblr-8638	67	21	for	for	ADP
cblr-8638	67	22	broker	broker	NOUN
cblr-8638	67	23	-	-	PUNCT
cblr-8638	67	24	dealers.12	dealers.12	NOUN
cblr-8638	67	25	yet	yet	ADV
cblr-8638	67	26	in	in	ADP
cblr-8638	67	27	fact	fact	NOUN
cblr-8638	67	28	,	,	PUNCT
cblr-8638	67	29	regulation	regulation	NOUN
cblr-8638	67	30	best	good	ADJ
cblr-8638	67	31	interest	interest	NOUN
cblr-8638	67	32	provides	provide	VERB
cblr-8638	67	33	only	only	ADV
cblr-8638	67	34	tepid	tepid	ADJ
cblr-8638	67	35	protection	protection	NOUN
cblr-8638	67	36	to	to	ADP
cblr-8638	67	37	main	main	ADJ
cblr-8638	67	38	street	street	NOUN
cblr-8638	67	39	clients	client	NOUN
cblr-8638	67	40	of	of	ADP
cblr-8638	67	41	broker	broker	NOUN
cblr-8638	67	42	-	-	PUNCT
cblr-8638	67	43	dealer	dealer	NOUN
cblr-8638	67	44	firms	firm	NOUN
cblr-8638	67	45	when	when	SCONJ
cblr-8638	67	46	compared	compare	VERB
cblr-8638	67	47	with	with	ADP
cblr-8638	67	48	the	the	DET
cblr-8638	67	49	elaborate	elaborate	ADJ
cblr-8638	67	50	protections	protection	NOUN
cblr-8638	67	51	provided	provide	VERB
cblr-8638	67	52	to	to	ADP
cblr-8638	67	53	the	the	DET
cblr-8638	67	54	more	more	ADV
cblr-8638	67	55	well	well	ADV
cblr-8638	67	56	-	-	PUNCT
cblr-8638	67	57	heeled	heel	VERB
cblr-8638	67	58	clients	client	NOUN
cblr-8638	67	59	of	of	ADP
cblr-8638	67	60	investment	investment	NOUN
cblr-8638	67	61	advisers	adviser	NOUN
cblr-8638	67	62	.	.	PUNCT
cblr-8638	68	1	contrary	contrary	ADJ
cblr-8638	68	2	to	to	ADP
cblr-8638	68	3	wachtell	wachtell	PROPN
cblr-8638	68	4	’s	’s	PART
cblr-8638	68	5	assertion	assertion	NOUN
cblr-8638	68	6	,	,	PUNCT
cblr-8638	68	7	regulation	regulation	NOUN
cblr-8638	68	8	best	good	ADJ
cblr-8638	68	9	interest	interest	NOUN
cblr-8638	68	10	does	do	AUX
cblr-8638	68	11	not	not	PART
cblr-8638	68	12	create	create	VERB
cblr-8638	68	13	an	an	DET
cblr-8638	68	14	entitlement	entitlement	NOUN
cblr-8638	68	15	“	"	PUNCT
cblr-8638	68	16	to	to	ADP
cblr-8638	68	17	unconflicted	unconflicted	ADJ
cblr-8638	68	18	counsel	counsel	NOUN
cblr-8638	68	19	from	from	ADP
cblr-8638	68	20	both	both	DET
cblr-8638	68	21	broker	broker	NOUN
cblr-8638	68	22	-	-	PUNCT
cblr-8638	68	23	dealers	dealer	NOUN
cblr-8638	68	24	and	and	CCONJ
cblr-8638	68	25	investment	investment	NOUN
cblr-8638	68	26	advisers	adviser	NOUN
cblr-8638	68	27	.	.	PUNCT
cblr-8638	68	28	”13	”13	NOUN
cblr-8638	68	29	although	although	SCONJ
cblr-8638	68	30	it	it	PRON
cblr-8638	68	31	is	be	AUX
cblr-8638	68	32	true	true	ADJ
cblr-8638	68	33	that	that	SCONJ
cblr-8638	68	34	regulation	regulation	NOUN
cblr-8638	68	35	best	good	ADJ
cblr-8638	68	36	interest	interest	NOUN
cblr-8638	68	37	requires	require	VERB
cblr-8638	68	38	enhanced	enhance	VERB
cblr-8638	68	39	disclosure	disclosure	NOUN
cblr-8638	68	40	of	of	ADP
cblr-8638	68	41	these	these	DET
cblr-8638	68	42	conflicts	conflict	NOUN
cblr-8638	68	43	,	,	PUNCT
cblr-8638	68	44	it	it	PRON
cblr-8638	68	45	does	do	AUX
cblr-8638	68	46	not	not	PART
cblr-8638	68	47	limit	limit	VERB
cblr-8638	68	48	conflicts	conflict	NOUN
cblr-8638	68	49	of	of	ADP
cblr-8638	68	50	interest.14	interest.14	PROPN
cblr-8638	68	51	wachtell	wachtell	PROPN
cblr-8638	68	52	’s	’s	PART
cblr-8638	68	53	positive	positive	ADJ
cblr-8638	68	54	sentiments	sentiment	NOUN
cblr-8638	68	55	regarding	regard	VERB
cblr-8638	68	56	the	the	DET
cblr-8638	68	57	state	state	NOUN
cblr-8638	68	58	of	of	ADP
cblr-8638	68	59	u.s	u.s	PROPN
cblr-8638	68	60	.	.	PROPN
cblr-8638	68	61	capital	capital	NOUN
cblr-8638	68	62	market	market	NOUN
cblr-8638	68	63	regulation	regulation	NOUN
cblr-8638	68	64	stand	stand	VERB
cblr-8638	68	65	in	in	ADP
cblr-8638	68	66	sharp	sharp	ADJ
cblr-8638	68	67	and	and	CCONJ
cblr-8638	68	68	vivid	vivid	ADJ
cblr-8638	68	69	contrast	contrast	NOUN
cblr-8638	68	70	to	to	ADP
cblr-8638	68	71	those	those	PRON
cblr-8638	68	72	expressed	express	VERB
cblr-8638	68	73	on	on	ADP
cblr-8638	68	74	the	the	DET
cblr-8638	68	75	social	social	ADJ
cblr-8638	68	76	media	medium	NOUN
cblr-8638	68	77	platform	platform	NOUN
cblr-8638	68	78	reddit	reddit	NOUN
cblr-8638	68	79	’s	’s	PART
cblr-8638	68	80	popular	popular	ADJ
cblr-8638	68	81	forum	forum	NOUN
cblr-8638	68	82	r	r	NOUN
cblr-8638	68	83	/	/	SYM
cblr-8638	68	84	wallstreetbets	wallstreetbet	NOUN
cblr-8638	68	85	(	(	PUNCT
cblr-8638	68	86	wallstreetbets).15	wallstreetbets).15	NOUN
cblr-8638	68	87	to	to	ADP
cblr-8638	68	88	wallstreetbets	wallstreetbet	NOUN
cblr-8638	68	89	,	,	PUNCT
cblr-8638	68	90	whose	whose	DET
cblr-8638	68	91	description	description	NOUN
cblr-8638	68	92	reads	read	VERB
cblr-8638	68	93	,	,	PUNCT
cblr-8638	68	94	“	"	PUNCT
cblr-8638	68	95	like	like	ADP
cblr-8638	68	96	4chan	4chan	NUM
cblr-8638	68	97	found	find	VERB
cblr-8638	68	98	a	a	DET
cblr-8638	68	99	bloomberg	bloomberg	NOUN
cblr-8638	68	100	terminal,”16	terminal,”16	NOUN
cblr-8638	68	101	the	the	DET
cblr-8638	68	102	sec	sec	PROPN
cblr-8638	68	103	and	and	CCONJ
cblr-8638	68	104	its	its	PRON
cblr-8638	68	105	wall	wall	PROPN
cblr-8638	68	106	street	street	PROPN
cblr-8638	68	107	clientele	clientele	PROPN
cblr-8638	68	108	are	be	AUX
cblr-8638	68	109	the	the	DET
cblr-8638	68	110	enemy	enemy	NOUN
cblr-8638	68	111	.	.	PUNCT
cblr-8638	69	1	one	one	NUM
cblr-8638	69	2	particularly	particularly	ADV
cblr-8638	69	3	articulate	articulate	ADJ
cblr-8638	69	4	reddit	reddit	NOUN
cblr-8638	69	5	post	post	NOUN
cblr-8638	69	6	described	describe	VERB
cblr-8638	69	7	the	the	DET
cblr-8638	69	8	recent	recent	ADJ
cblr-8638	69	9	situation	situation	NOUN
cblr-8638	69	10	facing	face	VERB
cblr-8638	69	11	investors	investor	NOUN
cblr-8638	69	12	who	who	PRON
cblr-8638	69	13	shorted	short	VERB
cblr-8638	69	14	gamestop	gamestop	NOUN
cblr-8638	69	15	corporation	corporation	NOUN
cblr-8638	69	16	(	(	PUNCT
cblr-8638	69	17	gme	gme	NOUN
cblr-8638	69	18	)	)	PUNCT
cblr-8638	69	19	stock	stock	NOUN
cblr-8638	69	20	,	,	PUNCT
cblr-8638	69	21	stating	state	VERB
cblr-8638	69	22	“	"	PUNCT
cblr-8638	69	23	the	the	DET
cblr-8638	69	24	government	government	NOUN
cblr-8638	69	25	,	,	PUNCT
cblr-8638	69	26	hedge	hedge	NOUN
cblr-8638	69	27	funds	fund	NOUN
cblr-8638	69	28	,	,	PUNCT
cblr-8638	69	29	brokers	broker	NOUN
cblr-8638	69	30	,	,	PUNCT
cblr-8638	69	31	et	et	NOUN
cblr-8638	69	32	.	.	PUNCT
cblr-8638	70	1	al	al	PROPN
cblr-8638	70	2	.	.	PUNCT
cblr-8638	70	3	still	still	ADV
cblr-8638	70	4	practice	practice	VERB
cblr-8638	70	5	their	their	PRON
cblr-8638	70	6	dirty	dirty	ADJ
cblr-8638	70	7	tricks	trick	NOUN
cblr-8638	70	8	to	to	PART
cblr-8638	70	9	protect	protect	VERB
cblr-8638	70	10	their	their	PRON
cblr-8638	70	11	own	own	ADJ
cblr-8638	70	12	.	.	PUNCT
cblr-8638	71	1	we	we	PRON
cblr-8638	71	2	should	should	AUX
cblr-8638	71	3	fear	fear	VERB
cblr-8638	71	4	the	the	DET
cblr-8638	71	5	systematic	systematic	ADJ
cblr-8638	71	6	risk	risk	NOUN
cblr-8638	71	7	of	of	ADP
cblr-8638	71	8	cronyism	cronyism	NOUN
cblr-8638	71	9	within	within	ADP
cblr-8638	71	10	the	the	DET
cblr-8638	71	11	halls	hall	NOUN
cblr-8638	71	12	of	of	ADP
cblr-8638	71	13	12	12	NUM
cblr-8638	71	14	katz	katz	PROPN
cblr-8638	71	15	&	&	CCONJ
cblr-8638	71	16	mcintosh	mcintosh	PROPN
cblr-8638	71	17	,	,	PUNCT
cblr-8638	71	18	supra	supra	PROPN
cblr-8638	71	19	note	note	PROPN
cblr-8638	71	20	6	6	NUM
cblr-8638	71	21	,	,	PUNCT
cblr-8638	71	22	at	at	ADP
cblr-8638	71	23	3	3	NUM
cblr-8638	71	24	.	.	NOUN
cblr-8638	71	25	13	13	NUM
cblr-8638	72	1	i	i	PRON
cblr-8638	72	2	d.	d.	PROPN
cblr-8638	72	3	14	14	NUM
cblr-8638	72	4	see	see	VERB
cblr-8638	72	5	17	17	NUM
cblr-8638	72	6	c.f.r	c.f.r	NOUN
cblr-8638	72	7	.	.	PUNCT
cblr-8638	73	1	§	§	PROPN
cblr-8638	73	2	240.15l-1(a)(2)(iii	240.15l-1(a)(2)(iii	NUM
cblr-8638	73	3	)	)	PUNCT
cblr-8638	73	4	(	(	PUNCT
cblr-8638	73	5	2020	2020	NUM
cblr-8638	73	6	)	)	PUNCT
cblr-8638	73	7	.	.	PUNCT
cblr-8638	74	1	15	15	NUM
cblr-8638	74	2	for	for	ADP
cblr-8638	74	3	a	a	DET
cblr-8638	74	4	general	general	ADJ
cblr-8638	74	5	overview	overview	NOUN
cblr-8638	74	6	of	of	ADP
cblr-8638	74	7	the	the	DET
cblr-8638	74	8	investing	investing	NOUN
cblr-8638	74	9	forum	forum	PROPN
cblr-8638	74	10	,	,	PUNCT
cblr-8638	74	11	see	see	VERB
cblr-8638	74	12	wallstreetbets	wallstreetbet	NOUN
cblr-8638	74	13	,	,	PUNCT
cblr-8638	74	14	reddit	reddit	NOUN
cblr-8638	74	15	,	,	PUNCT
cblr-8638	75	1	https://www.reddit.com/r/wallstreetbets	https://www.reddit.com/r/wallstreetbets	PROPN
cblr-8638	75	2	[	[	X
cblr-8638	75	3	https://perma.cc/2f66ymm6	https://perma.cc/2f66ymm6	NOUN
cblr-8638	75	4	]	]	X
cblr-8638	75	5	(	(	PUNCT
cblr-8638	75	6	last	last	ADV
cblr-8638	75	7	visited	visit	VERB
cblr-8638	75	8	mar	mar	PROPN
cblr-8638	75	9	.	.	PROPN
cblr-8638	75	10	8	8	NUM
cblr-8638	75	11	,	,	PUNCT
cblr-8638	75	12	2021	2021	NUM
cblr-8638	75	13	)	)	PUNCT
cblr-8638	75	14	.	.	PUNCT
cblr-8638	76	1	16	16	NUM
cblr-8638	76	2	michelle	michelle	NOUN
cblr-8638	76	3	celarier	celarier	NOUN
cblr-8638	76	4	,	,	PUNCT
cblr-8638	76	5	buried	bury	VERB
cblr-8638	76	6	in	in	ADP
cblr-8638	76	7	reddit	reddit	NOUN
cblr-8638	76	8	,	,	PUNCT
cblr-8638	76	9	the	the	DET
cblr-8638	76	10	seeds	seed	NOUN
cblr-8638	76	11	of	of	ADP
cblr-8638	76	12	melvin	melvin	PROPN
cblr-8638	76	13	capital	capital	PROPN
cblr-8638	76	14	’s	’s	PART
cblr-8638	76	15	crisis	crisis	NOUN
cblr-8638	76	16	,	,	PUNCT
cblr-8638	76	17	institutional	institutional	ADJ
cblr-8638	76	18	inv	inv	NOUN
cblr-8638	76	19	.	.	PUNCT
cblr-8638	77	1	(	(	PUNCT
cblr-8638	77	2	jan	jan	PROPN
cblr-8638	77	3	.	.	PROPN
cblr-8638	77	4	25	25	NUM
cblr-8638	77	5	,	,	PUNCT
cblr-8638	77	6	2021	2021	NUM
cblr-8638	77	7	)	)	PUNCT
cblr-8638	77	8	(	(	PUNCT
cblr-8638	77	9	internal	internal	ADJ
cblr-8638	77	10	quotation	quotation	NOUN
cblr-8638	77	11	marks	mark	NOUN
cblr-8638	77	12	omitted	omit	VERB
cblr-8638	77	13	)	)	PUNCT
cblr-8638	77	14	,	,	PUNCT
cblr-8638	77	15	https://www.institutionalinvestor.com/article/b1q8swwwtgr7nt/buried-in-reddit-the-seeds-of-melvin-capital-s-crisis	https://www.institutionalinvestor.com/article/b1q8swwwtgr7nt/buried-in-reddit-the-seeds-of-melvin-capital-s-crisis	NOUN
cblr-8638	78	1	[	[	X
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cblr-8638	78	3	]	]	PUNCT
cblr-8638	78	4	.	.	PUNCT
cblr-8638	79	1	macey	macey	PROPN
cblr-8638	79	2	8/22/2021	8/22/2021	NUM
cblr-8638	79	3	3:47	3:47	NUM
cblr-8638	79	4	pm	pm	NOUN
cblr-8638	79	5	no	no	INTJ
cblr-8638	79	6	.	.	PUNCT
cblr-8638	80	1	2:796	2:796	NUM
cblr-8638	80	2	]	]	X
cblr-8638	80	3	securities	security	NOUN
cblr-8638	80	4	regulation	regulation	NOUN
cblr-8638	80	5	and	and	CCONJ
cblr-8638	80	6	class	class	NOUN
cblr-8638	80	7	warfare	warfare	NOUN
cblr-8638	80	8	801	801	NUM
cblr-8638	80	9	government	government	NOUN
cblr-8638	80	10	and	and	CCONJ
cblr-8638	80	11	wall	wall	PROPN
cblr-8638	80	12	street	street	PROPN
cblr-8638	80	13	to	to	PART
cblr-8638	80	14	put	put	VERB
cblr-8638	80	15	the	the	DET
cblr-8638	80	16	brakes	brake	NOUN
cblr-8638	80	17	on	on	ADP
cblr-8638	80	18	our	our	PRON
cblr-8638	80	19	profit	profit	NOUN
cblr-8638	80	20	making	making	NOUN
cblr-8638	80	21	,	,	PUNCT
cblr-8638	80	22	which	which	PRON
cblr-8638	80	23	is	be	AUX
cblr-8638	80	24	our	our	PRON
cblr-8638	80	25	lawful	lawful	ADJ
cblr-8638	80	26	american	american	ADJ
cblr-8638	80	27	right	right	NOUN
cblr-8638	80	28	.	.	PUNCT
cblr-8638	81	1	”17	”17	PROPN
cblr-8638	82	1	in	in	ADP
cblr-8638	82	2	addition	addition	NOUN
cblr-8638	82	3	to	to	ADP
cblr-8638	82	4	its	its	PRON
cblr-8638	82	5	somewhat	somewhat	ADV
cblr-8638	82	6	discordant	discordant	ADJ
cblr-8638	82	7	tone	tone	NOUN
cblr-8638	82	8	,	,	PUNCT
cblr-8638	82	9	the	the	DET
cblr-8638	82	10	publication	publication	NOUN
cblr-8638	82	11	of	of	ADP
cblr-8638	82	12	wachtell	wachtell	PROPN
cblr-8638	82	13	’s	’s	PART
cblr-8638	82	14	sec	sec	PROPN
cblr-8638	82	15	tribute	tribute	NOUN
cblr-8638	82	16	was	be	AUX
cblr-8638	82	17	almost	almost	ADV
cblr-8638	82	18	certainly	certainly	ADV
cblr-8638	82	19	poorly	poorly	ADV
cblr-8638	82	20	timed	time	VERB
cblr-8638	82	21	.	.	PUNCT
cblr-8638	83	1	it	it	PRON
cblr-8638	83	2	arrived	arrive	VERB
cblr-8638	83	3	in	in	ADP
cblr-8638	83	4	the	the	DET
cblr-8638	83	5	midst	midst	NOUN
cblr-8638	83	6	of	of	ADP
cblr-8638	83	7	the	the	DET
cblr-8638	83	8	gamestop	gamestop	NOUN
cblr-8638	83	9	/	/	SYM
cblr-8638	83	10	reddit	reddit	NOUN
cblr-8638	83	11	/	/	SYM
cblr-8638	83	12	robinhood	robinhood	PROPN
cblr-8638	83	13	embroglio	embroglio	NOUN
cblr-8638	83	14	,	,	PUNCT
cblr-8638	83	15	which	which	PRON
cblr-8638	83	16	has	have	AUX
cblr-8638	83	17	been	be	AUX
cblr-8638	83	18	recognized	recognize	VERB
cblr-8638	83	19	as	as	ADP
cblr-8638	83	20	one	one	NUM
cblr-8638	83	21	of	of	ADP
cblr-8638	83	22	the	the	DET
cblr-8638	83	23	biggest	big	ADJ
cblr-8638	83	24	contretemps	contretemp	NOUN
cblr-8638	83	25	on	on	ADP
cblr-8638	83	26	wall	wall	PROPN
cblr-8638	83	27	street	street	PROPN
cblr-8638	83	28	since	since	SCONJ
cblr-8638	83	29	the	the	DET
cblr-8638	83	30	2011	2011	NUM
cblr-8638	83	31	occupy	occupy	NOUN
cblr-8638	83	32	wall	wall	PROPN
cblr-8638	83	33	street	street	PROPN
cblr-8638	83	34	protest	protest	PROPN
cblr-8638	83	35	movement	movement	NOUN
cblr-8638	83	36	.	.	PUNCT
cblr-8638	84	1	similar	similar	ADJ
cblr-8638	84	2	to	to	ADP
cblr-8638	84	3	the	the	DET
cblr-8638	84	4	recent	recent	ADJ
cblr-8638	84	5	gamestop	gamestop	NOUN
cblr-8638	84	6	scandal	scandal	NOUN
cblr-8638	84	7	,	,	PUNCT
cblr-8638	84	8	occupy	occupy	VERB
cblr-8638	84	9	wall	wall	PROPN
cblr-8638	84	10	street	street	PROPN
cblr-8638	84	11	has	have	AUX
cblr-8638	84	12	been	be	AUX
cblr-8638	84	13	described	describe	VERB
cblr-8638	84	14	by	by	ADP
cblr-8638	84	15	popular	popular	ADJ
cblr-8638	84	16	websites	website	NOUN
cblr-8638	84	17	as	as	ADP
cblr-8638	84	18	a	a	DET
cblr-8638	84	19	protest	protest	NOUN
cblr-8638	84	20	against	against	ADP
cblr-8638	84	21	“	"	PUNCT
cblr-8638	84	22	social	social	ADJ
cblr-8638	84	23	and	and	CCONJ
cblr-8638	84	24	economic	economic	ADJ
cblr-8638	84	25	inequality	inequality	NOUN
cblr-8638	84	26	,	,	PUNCT
cblr-8638	84	27	greed	greed	NOUN
cblr-8638	84	28	,	,	PUNCT
cblr-8638	84	29	corruption	corruption	NOUN
cblr-8638	84	30	and	and	CCONJ
cblr-8638	84	31	the	the	DET
cblr-8638	84	32	undue	undue	ADJ
cblr-8638	84	33	influence	influence	NOUN
cblr-8638	84	34	of	of	ADP
cblr-8638	84	35	corporations	corporation	NOUN
cblr-8638	84	36	on	on	ADP
cblr-8638	84	37	government	government	NOUN
cblr-8638	84	38	—	—	PUNCT
cblr-8638	84	39	particularly	particularly	ADV
cblr-8638	84	40	from	from	ADP
cblr-8638	84	41	the	the	DET
cblr-8638	84	42	financial	financial	ADJ
cblr-8638	84	43	services	service	NOUN
cblr-8638	84	44	sector	sector	NOUN
cblr-8638	84	45	.	.	PUNCT
cblr-8638	85	1	”18	”18	PROPN
cblr-8638	85	2	wachtell	wachtell	PROPN
cblr-8638	85	3	’s	’s	PART
cblr-8638	85	4	tribute	tribute	NOUN
cblr-8638	85	5	to	to	ADP
cblr-8638	85	6	the	the	DET
cblr-8638	85	7	supposed	suppose	VERB
cblr-8638	85	8	truth	truth	NOUN
cblr-8638	85	9	,	,	PUNCT
cblr-8638	85	10	justice	justice	NOUN
cblr-8638	85	11	,	,	PUNCT
cblr-8638	85	12	and	and	CCONJ
cblr-8638	85	13	fairness	fairness	NOUN
cblr-8638	85	14	of	of	ADP
cblr-8638	85	15	u.s	u.s	PROPN
cblr-8638	85	16	.	.	PROPN
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cblr-8638	85	18	market	market	NOUN
cblr-8638	85	19	regulation	regulation	NOUN
cblr-8638	85	20	therefore	therefore	ADV
cblr-8638	85	21	arrived	arrive	VERB
cblr-8638	85	22	just	just	ADV
cblr-8638	85	23	as	as	SCONJ
cblr-8638	85	24	another	another	DET
cblr-8638	85	25	round	round	NOUN
cblr-8638	85	26	of	of	ADP
cblr-8638	85	27	class	class	NOUN
cblr-8638	85	28	warfare	warfare	NOUN
cblr-8638	85	29	was	be	AUX
cblr-8638	85	30	erupting	erupt	VERB
cblr-8638	85	31	between	between	ADP
cblr-8638	85	32	ordinary	ordinary	ADJ
cblr-8638	85	33	investors	investor	NOUN
cblr-8638	85	34	and	and	CCONJ
cblr-8638	85	35	the	the	DET
cblr-8638	85	36	wall	wall	PROPN
cblr-8638	85	37	street	street	PROPN
cblr-8638	85	38	hedge	hedge	PROPN
cblr-8638	85	39	funds	fund	NOUN
cblr-8638	85	40	.	.	PUNCT
cblr-8638	86	1	to	to	PART
cblr-8638	86	2	understand	understand	VERB
cblr-8638	86	3	the	the	DET
cblr-8638	86	4	heart	heart	NOUN
cblr-8638	86	5	of	of	ADP
cblr-8638	86	6	this	this	DET
cblr-8638	86	7	warfare	warfare	NOUN
cblr-8638	86	8	,	,	PUNCT
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cblr-8638	86	11	delve	delve	VERB
cblr-8638	86	12	deeper	deeply	ADV
cblr-8638	86	13	into	into	ADP
cblr-8638	86	14	the	the	DET
cblr-8638	86	15	strategy	strategy	NOUN
cblr-8638	86	16	that	that	PRON
cblr-8638	86	17	involved	involve	VERB
cblr-8638	86	18	short	short	ADJ
cblr-8638	86	19	selling	selling	NOUN
cblr-8638	86	20	shares	share	NOUN
cblr-8638	86	21	in	in	ADP
cblr-8638	86	22	a	a	DET
cblr-8638	86	23	variety	variety	NOUN
cblr-8638	86	24	of	of	ADP
cblr-8638	86	25	companies	company	NOUN
cblr-8638	86	26	,	,	PUNCT
cblr-8638	86	27	particularly	particularly	ADV
cblr-8638	86	28	the	the	DET
cblr-8638	86	29	video	video	NOUN
cblr-8638	86	30	game	game	NOUN
cblr-8638	86	31	retailer	retailer	NOUN
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cblr-8638	86	33	17	17	NUM
cblr-8638	86	34	u	u	NOUN
cblr-8638	86	35	/	/	SYM
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cblr-8638	86	37	,	,	PUNCT
cblr-8638	86	38	if	if	SCONJ
cblr-8638	86	39	we	we	PRON
cblr-8638	86	40	all	all	PRON
cblr-8638	86	41	come	come	VERB
cblr-8638	86	42	up	up	ADP
cblr-8638	86	43	with	with	ADP
cblr-8638	86	44	a	a	DET
cblr-8638	86	45	dollar	dollar	NOUN
cblr-8638	86	46	or	or	CCONJ
cblr-8638	86	47	two	two	NUM
cblr-8638	86	48	,	,	PUNCT
cblr-8638	86	49	we	we	PRON
cblr-8638	86	50	could	could	AUX
cblr-8638	86	51	get	get	VERB
cblr-8638	86	52	the	the	DET
cblr-8638	86	53	best	good	ADJ
cblr-8638	86	54	securities	security	NOUN
cblr-8638	86	55	lawyers	lawyer	NOUN
cblr-8638	86	56	on	on	ADP
cblr-8638	86	57	retainer	retainer	NOUN
cblr-8638	86	58	for	for	ADP
cblr-8638	86	59	a	a	DET
cblr-8638	86	60	class	class	NOUN
cblr-8638	86	61	action	action	NOUN
cblr-8638	86	62	if	if	SCONJ
cblr-8638	86	63	the	the	DET
cblr-8638	86	64	sec	sec	PROPN
cblr-8638	86	65	pulls	pull	VERB
cblr-8638	86	66	shenanigans	shenanigan	NOUN
cblr-8638	86	67	,	,	PUNCT
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cblr-8638	86	69	(	(	PUNCT
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cblr-8638	86	73	,	,	PUNCT
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cblr-8638	86	75	,	,	PUNCT
cblr-8638	86	76	5:05	5:05	NUM
cblr-8638	86	77	pm	pm	NOUN
cblr-8638	86	78	)	)	PUNCT
cblr-8638	86	79	,	,	PUNCT
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cblr-8638	87	2	_	_	X
cblr-8638	88	1	up_with_a_dollar_or_two_we_could	up_with_a_dollar_or_two_we_could	PROPN
cblr-8638	88	2	[	[	X
cblr-8638	88	3	https://perma.cc/ww26-bzdy	https://perma.cc/ww26-bzdy	X
cblr-8638	88	4	]	]	PUNCT
cblr-8638	88	5	.	.	PUNCT
cblr-8638	89	1	18	18	NUM
cblr-8638	89	2	see	see	VERB
cblr-8638	89	3	,	,	PUNCT
cblr-8638	89	4	e.g.	e.g.	ADV
cblr-8638	89	5	,	,	PUNCT
cblr-8638	89	6	occupy	occupy	VERB
cblr-8638	89	7	wall	wall	PROPN
cblr-8638	89	8	street	street	PROPN
cblr-8638	89	9	,	,	PUNCT
cblr-8638	89	10	wikipedia	wikipedia	PROPN
cblr-8638	89	11	,	,	PUNCT
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cblr-8638	90	1	[	[	X
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cblr-8638	90	4	(	(	PUNCT
cblr-8638	90	5	last	last	ADJ
cblr-8638	90	6	modified	modify	VERB
cblr-8638	90	7	mar	mar	PROPN
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cblr-8638	90	10	,	,	PUNCT
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cblr-8638	90	13	.	.	PUNCT
cblr-8638	91	1	for	for	ADP
cblr-8638	91	2	a	a	DET
cblr-8638	91	3	similar	similar	ADJ
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cblr-8638	91	5	of	of	ADP
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cblr-8638	91	8	traders	trader	NOUN
cblr-8638	91	9	’	'	PUNCT
cblr-8638	91	10	aims	aim	NOUN
cblr-8638	91	11	,	,	PUNCT
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cblr-8638	91	13	,	,	PUNCT
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cblr-8638	91	16	,	,	PUNCT
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cblr-8638	91	19	,	,	PUNCT
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cblr-8638	91	21	is	be	AUX
cblr-8638	91	22	rage	rage	NOUN
cblr-8638	91	23	against	against	ADP
cblr-8638	91	24	the	the	DET
cblr-8638	91	25	financial	financial	ADJ
cblr-8638	91	26	machine	machine	NOUN
cblr-8638	91	27	,	,	PUNCT
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cblr-8638	91	29	:	:	PUNCT
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cblr-8638	91	31	.	.	PUNCT
cblr-8638	92	1	(	(	PUNCT
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cblr-8638	92	3	.	.	PROPN
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cblr-8638	92	5	,	,	PUNCT
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cblr-8638	92	11	,	,	PUNCT
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cblr-8638	93	1	[	[	X
cblr-8638	93	2	https://perma.cc/f8wf-texm	https://perma.cc/f8wf-texm	X
cblr-8638	93	3	]	]	X
cblr-8638	93	4	.	.	PUNCT
cblr-8638	94	1	19	19	NUM
cblr-8638	94	2	see	see	VERB
cblr-8638	94	3	andrew	andrew	PROPN
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cblr-8638	94	6	et	et	PROPN
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cblr-8638	94	8	.	.	PROPN
cblr-8638	94	9	,	,	PUNCT
cblr-8638	94	10	how	how	SCONJ
cblr-8638	94	11	does	do	AUX
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cblr-8638	94	14	?	?	PUNCT
cblr-8638	94	15	,	,	PUNCT
cblr-8638	94	16	n.y	n.y	PROPN
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cblr-8638	94	29	,	,	PUNCT
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cblr-8638	94	31	(	(	PUNCT
cblr-8638	94	32	last	last	ADJ
cblr-8638	94	33	updated	update	VERB
cblr-8638	94	34	jan	jan	PROPN
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cblr-8638	94	40	.	.	PUNCT
cblr-8638	95	1	as	as	ADP
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cblr-8638	95	8	a	a	DET
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cblr-8638	95	12	videogames	videogame	NOUN
cblr-8638	95	13	and	and	CCONJ
cblr-8638	95	14	accessories	accessory	NOUN
cblr-8638	95	15	,	,	PUNCT
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cblr-8638	95	17	in	in	ADP
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cblr-8638	95	19	and	and	CCONJ
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cblr-8638	95	22	located	locate	VERB
cblr-8638	95	23	in	in	ADP
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cblr-8638	95	25	.	.	PUNCT
cblr-8638	96	1	see	see	VERB
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cblr-8638	96	10	investor	investor	NOUN
cblr-8638	96	11	pushes	push	VERB
cblr-8638	96	12	for	for	ADP
cblr-8638	96	13	digital	digital	ADJ
cblr-8638	96	14	sales	sale	NOUN
cblr-8638	96	15	,	,	PUNCT
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cblr-8638	96	17	stores	store	NOUN
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cblr-8638	96	29	,	,	PUNCT
cblr-8638	96	30	11:13	11:13	NUM
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cblr-8638	96	33	(	(	PUNCT
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cblr-8638	96	43	,	,	PUNCT
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cblr-8638	97	4	pm	pm	PROPN
cblr-8638	97	5	802	802	NUM
cblr-8638	97	6	columbia	columbia	PROPN
cblr-8638	97	7	business	business	NOUN
cblr-8638	97	8	law	law	PROPN
cblr-8638	97	9	review	review	NOUN
cblr-8638	98	1	[	[	X
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cblr-8638	98	8	a	a	DET
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cblr-8638	98	10	small	small	ADJ
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cblr-8638	98	12	of	of	ADP
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cblr-8638	98	27	agent	agent	NOUN
cblr-8638	98	28	for	for	ADP
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cblr-8638	98	35	individual	individual	ADJ
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cblr-8638	98	37	traders	trader	NOUN
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cblr-8638	98	50	amateur	amateur	ADJ
cblr-8638	98	51	investors	investor	NOUN
cblr-8638	98	52	to	to	PART
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cblr-8638	98	54	.	.	PUNCT
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cblr-8638	99	2	.	.	PROPN
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cblr-8638	99	6	in	in	ADP
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cblr-8638	99	8	in	in	ADP
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cblr-8638	99	11	,	,	PUNCT
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cblr-8638	99	20	$	$	SYM
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cblr-8638	99	23	share.21	share.21	NOUN
cblr-8638	99	24	at	at	ADP
cblr-8638	99	25	that	that	DET
cblr-8638	99	26	time	time	NOUN
cblr-8638	99	27	,	,	PUNCT
cblr-8638	99	28	the	the	DET
cblr-8638	99	29	company	company	NOUN
cblr-8638	99	30	was	be	AUX
cblr-8638	99	31	continuing	continue	VERB
cblr-8638	99	32	to	to	PART
cblr-8638	99	33	struggle	struggle	VERB
cblr-8638	99	34	against	against	ADP
cblr-8638	99	35	major	major	ADJ
cblr-8638	99	36	online	online	ADJ
cblr-8638	99	37	competitors	competitor	NOUN
cblr-8638	99	38	and	and	CCONJ
cblr-8638	99	39	was	be	AUX
cblr-8638	99	40	not	not	PART
cblr-8638	99	41	necessarily	necessarily	ADV
cblr-8638	99	42	a	a	DET
cblr-8638	99	43	popular	popular	ADJ
cblr-8638	99	44	name	name	NOUN
cblr-8638	99	45	among	among	ADP
cblr-8638	99	46	investors.22	investors.22	NOUN
cblr-8638	99	47	despite	despite	SCONJ
cblr-8638	99	48	the	the	DET
cblr-8638	99	49	lack	lack	NOUN
cblr-8638	99	50	of	of	ADP
cblr-8638	99	51	attention	attention	NOUN
cblr-8638	99	52	on	on	ADP
cblr-8638	99	53	gamestop	gamestop	NOUN
cblr-8638	99	54	in	in	ADP
cblr-8638	99	55	2019	2019	NUM
cblr-8638	99	56	,	,	PUNCT
cblr-8638	99	57	mr	mr	PROPN
cblr-8638	99	58	.	.	PROPN
cblr-8638	99	59	gill	gill	PROPN
cblr-8638	99	60	touted	tout	VERB
cblr-8638	99	61	the	the	DET
cblr-8638	99	62	merits	merit	NOUN
cblr-8638	99	63	of	of	ADP
cblr-8638	99	64	the	the	DET
cblr-8638	99	65	stock	stock	NOUN
cblr-8638	99	66	on	on	ADP
cblr-8638	99	67	youtube	youtube	NOUN
cblr-8638	99	68	and	and	CCONJ
cblr-8638	99	69	,	,	PUNCT
cblr-8638	99	70	more	more	ADV
cblr-8638	99	71	significantly	significantly	ADV
cblr-8638	99	72	,	,	PUNCT
cblr-8638	99	73	on	on	ADP
cblr-8638	99	74	reddit	reddit	NOUN
cblr-8638	99	75	’s	’s	PART
cblr-8638	99	76	wallstreetbets	wallstreetbet	NOUN
cblr-8638	99	77	forum	forum	PROPN
cblr-8638	99	78	,	,	PUNCT
cblr-8638	99	79	where	where	SCONJ
cblr-8638	99	80	he	he	PRON
cblr-8638	99	81	was	be	AUX
cblr-8638	99	82	well	well	ADV
cblr-8638	99	83	known	know	VERB
cblr-8638	99	84	by	by	ADP
cblr-8638	99	85	his	his	PRON
cblr-8638	99	86	username	username	NOUN
cblr-8638	99	87	,	,	PUNCT
cblr-8638	99	88	“	"	PUNCT
cblr-8638	99	89	deepf	deepf	ADJ
cblr-8638	99	90	—	—	PUNCT
cblr-8638	99	91	ingvalue	ingvalue	NOUN
cblr-8638	99	92	.	.	PUNCT
cblr-8638	100	1	”23	”23	PROPN
cblr-8638	100	2	mr	mr	PROPN
cblr-8638	100	3	.	.	PROPN
cblr-8638	100	4	gill	gill	PROPN
cblr-8638	100	5	was	be	AUX
cblr-8638	100	6	not	not	PART
cblr-8638	100	7	alone	alone	ADJ
cblr-8638	100	8	in	in	ADP
cblr-8638	100	9	sharing	share	VERB
cblr-8638	100	10	his	his	PRON
cblr-8638	100	11	investment	investment	NOUN
cblr-8638	100	12	advice	advice	NOUN
cblr-8638	100	13	,	,	PUNCT
cblr-8638	100	14	and	and	CCONJ
cblr-8638	100	15	misfortunes	misfortune	NOUN
cblr-8638	100	16	,	,	PUNCT
cblr-8638	100	17	on	on	ADP
cblr-8638	100	18	reddit	reddit	NOUN
cblr-8638	100	19	.	.	PUNCT
cblr-8638	101	1	many	many	ADJ
cblr-8638	101	2	people	people	NOUN
cblr-8638	101	3	use	use	VERB
cblr-8638	101	4	reddit	reddit	NOUN
cblr-8638	101	5	and	and	CCONJ
cblr-8638	101	6	other	other	ADJ
cblr-8638	101	7	social	social	ADJ
cblr-8638	101	8	media	medium	NOUN
cblr-8638	101	9	platforms	platform	NOUN
cblr-8638	101	10	to	to	PART
cblr-8638	101	11	“	"	PUNCT
cblr-8638	101	12	lash	lash	VERB
cblr-8638	101	13	out	out	ADP
cblr-8638	101	14	against	against	ADP
cblr-8638	101	15	wall	wall	PROPN
cblr-8638	101	16	street	street	PROPN
cblr-8638	101	17	power	power	NOUN
cblr-8638	101	18	players	player	NOUN
cblr-8638	101	19	,	,	PUNCT
cblr-8638	101	20	and	and	CCONJ
cblr-8638	101	21	.	.	PUNCT
cblr-8638	101	22	.	.	PUNCT
cblr-8638	101	23	.	.	PUNCT
cblr-8638	102	1	express	express	VERB
cblr-8638	102	2	a	a	DET
cblr-8638	102	3	desire	desire	NOUN
cblr-8638	102	4	to	to	PART
cblr-8638	102	5	see	see	VERB
cblr-8638	102	6	the	the	DET
cblr-8638	102	7	financial	financial	ADJ
cblr-8638	102	8	pros	pro	NOUN
cblr-8638	102	9	reel	reel	VERB
cblr-8638	102	10	from	from	ADP
cblr-8638	102	11	losses	loss	NOUN
cblr-8638	102	12	.	.	PUNCT
cblr-8638	103	1	”24	”24	VERB
cblr-8638	103	2	expressing	express	VERB
cblr-8638	103	3	this	this	DET
cblr-8638	103	4	desire	desire	NOUN
cblr-8638	103	5	,	,	PUNCT
cblr-8638	103	6	and	and	CCONJ
cblr-8638	103	7	realizing	realize	VERB
cblr-8638	103	8	it	it	PRON
cblr-8638	103	9	,	,	PUNCT
cblr-8638	103	10	are	be	AUX
cblr-8638	103	11	two	two	NUM
cblr-8638	103	12	very	very	ADV
cblr-8638	103	13	different	different	ADJ
cblr-8638	103	14	actions	action	NOUN
cblr-8638	103	15	.	.	PUNCT
cblr-8638	104	1	the	the	DET
cblr-8638	104	2	collaboratory	collaboratory	ADJ
cblr-8638	104	3	spirit	spirit	NOUN
cblr-8638	104	4	of	of	ADP
cblr-8638	104	5	main	main	ADJ
cblr-8638	104	6	street	street	NOUN
cblr-8638	104	7	investors	investor	NOUN
cblr-8638	104	8	on	on	ADP
cblr-8638	104	9	reddit	reddit	NOUN
cblr-8638	104	10	,	,	PUNCT
cblr-8638	104	11	brought	bring	VERB
cblr-8638	104	12	together	together	ADV
cblr-8638	104	13	through	through	ADP
cblr-8638	104	14	gamestop	gamestop	ADJ
cblr-8638	104	15	stock	stock	NOUN
cblr-8638	104	16	,	,	PUNCT
cblr-8638	104	17	provided	provide	VERB
cblr-8638	104	18	an	an	DET
cblr-8638	104	19	almost	almost	ADV
cblr-8638	104	20	perfect	perfect	ADJ
cblr-8638	104	21	weapon	weapon	NOUN
cblr-8638	104	22	beyond	beyond	ADP
cblr-8638	104	23	words	word	NOUN
cblr-8638	104	24	for	for	ADP
cblr-8638	104	25	reddit	reddit	NOUN
cblr-8638	104	26	users	user	NOUN
cblr-8638	104	27	to	to	PART
cblr-8638	104	28	realize	realize	VERB
cblr-8638	104	29	this	this	DET
cblr-8638	104	30	desire	desire	NOUN
cblr-8638	104	31	.	.	PUNCT
cblr-8638	105	1	they	they	PRON
cblr-8638	105	2	sought	seek	VERB
cblr-8638	105	3	to	to	PART
cblr-8638	105	4	battle	battle	NOUN
cblr-8638	105	5	against	against	ADP
cblr-8638	105	6	powerful	powerful	ADJ
cblr-8638	105	7	wall	wall	PROPN
cblr-8638	105	8	street	street	PROPN
cblr-8638	105	9	hedge	hedge	PROPN
cblr-8638	105	10	funds	fund	NOUN
cblr-8638	105	11	,	,	PUNCT
cblr-8638	105	12	lashing	lash	VERB
cblr-8638	105	13	out	out	ADP
cblr-8638	105	14	by	by	ADP
cblr-8638	105	15	targeting	target	VERB
cblr-8638	105	16	the	the	DET
cblr-8638	105	17	funds	fund	NOUN
cblr-8638	105	18	’	'	PUNCT
cblr-8638	105	19	bets	bet	NOUN
cblr-8638	105	20	against	against	ADP
cblr-8638	105	21	gamestop.25	gamestop.25	NOUN
cblr-8638	105	22	on	on	ADP
cblr-8638	105	23	the	the	DET
cblr-8638	105	24	other	other	ADJ
cblr-8638	105	25	side	side	NOUN
cblr-8638	105	26	of	of	ADP
cblr-8638	105	27	the	the	DET
cblr-8638	105	28	gamestop	gamestop	NOUN
cblr-8638	105	29	wager	wager	NOUN
cblr-8638	105	30	,	,	PUNCT
cblr-8638	105	31	and	and	CCONJ
cblr-8638	105	32	battle	battle	NOUN
cblr-8638	105	33	,	,	PUNCT
cblr-8638	105	34	were	be	AUX
cblr-8638	105	35	wall	wall	PROPN
cblr-8638	105	36	street	street	PROPN
cblr-8638	105	37	hedge	hedge	PROPN
cblr-8638	105	38	funds	fund	NOUN
cblr-8638	105	39	such	such	ADJ
cblr-8638	105	40	as	as	ADP
cblr-8638	105	41	melvin	melvin	PROPN
cblr-8638	105	42	capital	capital	PROPN
cblr-8638	105	43	management	management	PROPN
cblr-8638	105	44	20	20	NUM
cblr-8638	105	45	julia	julia	NOUN
cblr-8638	105	46	-	-	PUNCT
cblr-8638	105	47	ambra	ambra	PROPN
cblr-8638	105	48	verlaine	verlaine	PROPN
cblr-8638	105	49	&	&	CCONJ
cblr-8638	105	50	gunjan	gunjan	PROPN
cblr-8638	105	51	banerji	banerji	PROPN
cblr-8638	105	52	,	,	PUNCT
cblr-8638	105	53	keith	keith	PROPN
cblr-8638	105	54	gill	gill	PROPN
cblr-8638	105	55	drove	drive	VERB
cblr-8638	105	56	the	the	DET
cblr-8638	105	57	gamestop	gamestop	ADJ
cblr-8638	105	58	reddit	reddit	NOUN
cblr-8638	105	59	mania	mania	NOUN
cblr-8638	105	60	.	.	PUNCT
cblr-8638	106	1	he	he	PRON
cblr-8638	106	2	talked	talk	VERB
cblr-8638	106	3	to	to	ADP
cblr-8638	106	4	the	the	DET
cblr-8638	106	5	journal	journal	NOUN
cblr-8638	106	6	.	.	PUNCT
cblr-8638	107	1	,	,	PUNCT
cblr-8638	107	2	wall	wall	PROPN
cblr-8638	107	3	st	st	PROPN
cblr-8638	107	4	.	.	PROPN
cblr-8638	107	5	j.	j.	PROPN
cblr-8638	107	6	(	(	PUNCT
cblr-8638	107	7	jan	jan	PROPN
cblr-8638	107	8	.	.	PROPN
cblr-8638	107	9	29	29	NUM
cblr-8638	107	10	,	,	PUNCT
cblr-8638	107	11	2021	2021	NUM
cblr-8638	107	12	,	,	PUNCT
cblr-8638	107	13	9:48	9:48	NUM
cblr-8638	107	14	am	am	NOUN
cblr-8638	107	15	)	)	PUNCT
cblr-8638	107	16	(	(	PUNCT
cblr-8638	107	17	on	on	ADP
cblr-8638	107	18	file	file	NOUN
cblr-8638	107	19	with	with	ADP
cblr-8638	107	20	the	the	DET
cblr-8638	107	21	columbia	columbia	PROPN
cblr-8638	107	22	business	business	PROPN
cblr-8638	107	23	law	law	PROPN
cblr-8638	107	24	review	review	PROPN
cblr-8638	107	25	)	)	PUNCT
cblr-8638	107	26	,	,	PUNCT
cblr-8638	107	27	https://www.wsj.com/articles/keith-gill-drove-the-gamestop-reddit-maniahe-talked-to-the-journal-11611931696	https://www.wsj.com/articles/keith-gill-drove-the-gamestop-reddit-maniahe-talked-to-the-journal-11611931696	NOUN
cblr-8638	107	28	.	.	PUNCT
cblr-8638	108	1	21	21	NUM
cblr-8638	109	1	i	i	PRON
cblr-8638	109	2	d.	d.	PROPN
cblr-8638	109	3	22	22	NUM
cblr-8638	109	4	abha	abha	PROPN
cblr-8638	109	5	bhattarai	bhattarai	PROPN
cblr-8638	109	6	&	&	CCONJ
cblr-8638	109	7	taylor	taylor	PROPN
cblr-8638	109	8	telford	telford	PROPN
cblr-8638	109	9	,	,	PUNCT
cblr-8638	109	10	despite	despite	SCONJ
cblr-8638	109	11	record	record	NOUN
cblr-8638	109	12	stock	stock	NOUN
cblr-8638	109	13	surge	surge	NOUN
cblr-8638	109	14	,	,	PUNCT
cblr-8638	109	15	gamestop	gamestop	NOUN
cblr-8638	109	16	is	be	AUX
cblr-8638	109	17	still	still	ADV
cblr-8638	109	18	struggling	struggle	VERB
cblr-8638	109	19	to	to	PART
cblr-8638	109	20	stay	stay	VERB
cblr-8638	109	21	afloat	afloat	ADJ
cblr-8638	109	22	,	,	PUNCT
cblr-8638	109	23	wash	wash	NOUN
cblr-8638	109	24	.	.	PUNCT
cblr-8638	110	1	post	post	NOUN
cblr-8638	110	2	(	(	PUNCT
cblr-8638	110	3	feb	feb	PROPN
cblr-8638	110	4	.	.	PROPN
cblr-8638	110	5	1	1	NUM
cblr-8638	110	6	,	,	PUNCT
cblr-8638	110	7	2021	2021	NUM
cblr-8638	110	8	,	,	PUNCT
cblr-8638	110	9	4:03	4:03	NUM
cblr-8638	110	10	pm	pm	NOUN
cblr-8638	110	11	)	)	PUNCT
cblr-8638	110	12	,	,	PUNCT
cblr-8638	110	13	https://www.washingtonpost.com/business/2021/02/01/gamestop-retail-stores/	https://www.washingtonpost.com/business/2021/02/01/gamestop-retail-stores/	PROPN
cblr-8638	111	1	[	[	X
cblr-8638	111	2	https://perma.cc/b32d-blad	https://perma.cc/b32d-blad	PROPN
cblr-8638	111	3	]	]	PUNCT
cblr-8638	111	4	.	.	PUNCT
cblr-8638	112	1	23	23	NUM
cblr-8638	112	2	verlaine	verlaine	PROPN
cblr-8638	112	3	&	&	CCONJ
cblr-8638	112	4	banerji	banerji	PROPN
cblr-8638	112	5	,	,	PUNCT
cblr-8638	112	6	supra	supra	PROPN
cblr-8638	112	7	note	note	NOUN
cblr-8638	112	8	20	20	NUM
cblr-8638	112	9	(	(	PUNCT
cblr-8638	112	10	internal	internal	ADJ
cblr-8638	112	11	quotation	quotation	NOUN
cblr-8638	112	12	marks	mark	NOUN
cblr-8638	112	13	omitted	omit	VERB
cblr-8638	112	14	)	)	PUNCT
cblr-8638	112	15	.	.	PUNCT
cblr-8638	113	1	24	24	NUM
cblr-8638	114	1	i	i	PRON
cblr-8638	114	2	d.	d.	PROPN
cblr-8638	114	3	25	25	NUM
cblr-8638	114	4	see	see	VERB
cblr-8638	114	5	i	i	PRON
cblr-8638	114	6	d.	d.	PROPN
cblr-8638	114	7	macey	macey	PROPN
cblr-8638	114	8	8/22/2021	8/22/2021	NUM
cblr-8638	114	9	3:47	3:47	NUM
cblr-8638	114	10	pm	pm	NOUN
cblr-8638	114	11	no	no	INTJ
cblr-8638	114	12	.	.	PUNCT
cblr-8638	115	1	2:796	2:796	NUM
cblr-8638	115	2	]	]	X
cblr-8638	115	3	securities	security	NOUN
cblr-8638	115	4	regulation	regulation	NOUN
cblr-8638	115	5	and	and	CCONJ
cblr-8638	115	6	class	class	NOUN
cblr-8638	115	7	warfare	warfare	NOUN
cblr-8638	115	8	803	803	NUM
cblr-8638	115	9	and	and	CCONJ
cblr-8638	115	10	citron	citron	NOUN
cblr-8638	115	11	research	research	NOUN
cblr-8638	115	12	that	that	PRON
cblr-8638	115	13	engage	engage	VERB
cblr-8638	115	14	in	in	ADP
cblr-8638	115	15	short	short	ADJ
cblr-8638	115	16	selling.26	selling.26	NOUN
cblr-8638	115	17	these	these	DET
cblr-8638	115	18	firms	firm	NOUN
cblr-8638	115	19	specialize	specialize	VERB
cblr-8638	115	20	in	in	ADP
cblr-8638	115	21	locating	locate	VERB
cblr-8638	115	22	what	what	PRON
cblr-8638	115	23	they	they	PRON
cblr-8638	115	24	view	view	VERB
cblr-8638	115	25	as	as	ADP
cblr-8638	115	26	overvalued	overvalued	ADJ
cblr-8638	115	27	companies	company	NOUN
cblr-8638	115	28	,	,	PUNCT
cblr-8638	115	29	and	and	CCONJ
cblr-8638	115	30	profiting	profit	VERB
cblr-8638	115	31	by	by	ADP
cblr-8638	115	32	short	short	ADJ
cblr-8638	115	33	selling	sell	VERB
cblr-8638	115	34	their	their	PRON
cblr-8638	115	35	stock	stock	NOUN
cblr-8638	115	36	.	.	PUNCT
cblr-8638	116	1	when	when	SCONJ
cblr-8638	116	2	it	it	PRON
cblr-8638	116	3	became	became	AUX
cblr-8638	116	4	known	know	VERB
cblr-8638	116	5	that	that	SCONJ
cblr-8638	116	6	these	these	DET
cblr-8638	116	7	hedge	hedge	NOUN
cblr-8638	116	8	funds	fund	NOUN
cblr-8638	116	9	had	have	VERB
cblr-8638	116	10	significant	significant	ADJ
cblr-8638	116	11	short	short	ADJ
cblr-8638	116	12	positions	position	NOUN
cblr-8638	116	13	in	in	ADP
cblr-8638	116	14	gamestop	gamestop	NOUN
cblr-8638	116	15	,	,	PUNCT
cblr-8638	116	16	retail	retail	ADJ
cblr-8638	116	17	investors	investor	NOUN
cblr-8638	116	18	on	on	ADP
cblr-8638	116	19	wallstreetbets	wallstreetbet	NOUN
cblr-8638	116	20	began	begin	VERB
cblr-8638	116	21	broadcasting	broadcast	VERB
cblr-8638	116	22	their	their	PRON
cblr-8638	116	23	intentions	intention	NOUN
cblr-8638	116	24	to	to	PART
cblr-8638	116	25	“	"	PUNCT
cblr-8638	116	26	take	take	VERB
cblr-8638	116	27	down	down	ADP
cblr-8638	116	28	”	"	PUNCT
cblr-8638	116	29	the	the	DET
cblr-8638	116	30	hedge	hedge	NOUN
cblr-8638	116	31	funds.27	funds.27	PROPN
cblr-8638	116	32	to	to	PART
cblr-8638	116	33	do	do	VERB
cblr-8638	116	34	so	so	ADV
cblr-8638	116	35	,	,	PUNCT
cblr-8638	116	36	the	the	DET
cblr-8638	116	37	investors	investor	NOUN
cblr-8638	116	38	began	begin	VERB
cblr-8638	116	39	to	to	PART
cblr-8638	116	40	buy	buy	VERB
cblr-8638	116	41	gamestop	gamestop	ADJ
cblr-8638	116	42	shares	share	NOUN
cblr-8638	116	43	,	,	PUNCT
cblr-8638	116	44	as	as	ADV
cblr-8638	116	45	well	well	ADV
cblr-8638	116	46	as	as	ADP
cblr-8638	116	47	call	call	VERB
cblr-8638	116	48	options	option	NOUN
cblr-8638	116	49	on	on	ADP
cblr-8638	116	50	gamestop	gamestop	NOUN
cblr-8638	116	51	,	,	PUNCT
cblr-8638	116	52	to	to	PART
cblr-8638	116	53	drive	drive	VERB
cblr-8638	116	54	the	the	DET
cblr-8638	116	55	company	company	NOUN
cblr-8638	116	56	’s	’s	PART
cblr-8638	116	57	share	share	NOUN
cblr-8638	116	58	price	price	NOUN
cblr-8638	116	59	higher.28	higher.28	NOUN
cblr-8638	116	60	by	by	ADP
cblr-8638	116	61	driving	drive	VERB
cblr-8638	116	62	the	the	DET
cblr-8638	116	63	company	company	NOUN
cblr-8638	116	64	’s	’s	PART
cblr-8638	116	65	share	share	NOUN
cblr-8638	116	66	price	price	NOUN
cblr-8638	116	67	higher	higher	ADV
cblr-8638	116	68	,	,	PUNCT
cblr-8638	116	69	the	the	DET
cblr-8638	116	70	investors	investor	NOUN
cblr-8638	116	71	would	would	AUX
cblr-8638	116	72	be	be	AUX
cblr-8638	116	73	indirectly	indirectly	ADV
cblr-8638	116	74	driving	drive	VERB
cblr-8638	116	75	down	down	ADP
cblr-8638	116	76	the	the	DET
cblr-8638	116	77	value	value	NOUN
cblr-8638	116	78	of	of	ADP
cblr-8638	116	79	the	the	DET
cblr-8638	116	80	short	short	ADJ
cblr-8638	116	81	positions	position	NOUN
cblr-8638	116	82	of	of	ADP
cblr-8638	116	83	melvin	melvin	PROPN
cblr-8638	116	84	capital	capital	PROPN
cblr-8638	116	85	,	,	PUNCT
cblr-8638	116	86	citron	citron	NOUN
cblr-8638	116	87	,	,	PUNCT
cblr-8638	116	88	and	and	CCONJ
cblr-8638	116	89	others	other	NOUN
cblr-8638	116	90	betting	bet	VERB
cblr-8638	116	91	that	that	SCONJ
cblr-8638	116	92	the	the	DET
cblr-8638	116	93	stock	stock	NOUN
cblr-8638	116	94	would	would	AUX
cblr-8638	116	95	go	go	VERB
cblr-8638	116	96	lower	lower	ADV
cblr-8638	116	97	.	.	PUNCT
cblr-8638	117	1	through	through	ADP
cblr-8638	117	2	their	their	PRON
cblr-8638	117	3	collective	collective	ADJ
cblr-8638	117	4	actions	action	NOUN
cblr-8638	117	5	,	,	PUNCT
cblr-8638	117	6	teeming	teem	VERB
cblr-8638	117	7	hordes	horde	NOUN
cblr-8638	117	8	of	of	ADP
cblr-8638	117	9	reddit	reddit	NOUN
cblr-8638	117	10	traders	trader	NOUN
cblr-8638	117	11	decided	decide	VERB
cblr-8638	117	12	to	to	PART
cblr-8638	117	13	turn	turn	VERB
cblr-8638	117	14	the	the	DET
cblr-8638	117	15	tables	table	NOUN
cblr-8638	117	16	on	on	ADP
cblr-8638	117	17	the	the	DET
cblr-8638	117	18	wealthy	wealthy	ADJ
cblr-8638	117	19	short	short	ADJ
cblr-8638	117	20	sellers	seller	NOUN
cblr-8638	117	21	—	—	PUNCT
cblr-8638	117	22	and	and	CCONJ
cblr-8638	117	23	they	they	PRON
cblr-8638	117	24	were	be	AUX
cblr-8638	117	25	astonishingly	astonishingly	ADV
cblr-8638	117	26	successful	successful	ADJ
cblr-8638	117	27	.	.	PUNCT
cblr-8638	118	1	purchases	purchase	NOUN
cblr-8638	118	2	of	of	ADP
cblr-8638	118	3	stock	stock	NOUN
cblr-8638	118	4	and	and	CCONJ
cblr-8638	118	5	call	call	VERB
cblr-8638	118	6	options	option	NOUN
cblr-8638	118	7	in	in	ADP
cblr-8638	118	8	gamestop	gamestop	NOUN
cblr-8638	118	9	raised	raise	VERB
cblr-8638	118	10	the	the	DET
cblr-8638	118	11	company	company	NOUN
cblr-8638	118	12	’s	’s	PART
cblr-8638	118	13	share	share	NOUN
cblr-8638	118	14	price	price	NOUN
cblr-8638	118	15	by	by	ADP
cblr-8638	118	16	more	more	ADJ
cblr-8638	118	17	than	than	ADP
cblr-8638	118	18	1,500	1,500	NUM
cblr-8638	118	19	%	%	NOUN
cblr-8638	118	20	during	during	ADP
cblr-8638	118	21	the	the	DET
cblr-8638	118	22	month	month	NOUN
cblr-8638	118	23	of	of	ADP
cblr-8638	118	24	january	january	PROPN
cblr-8638	118	25	2021.29	2021.29	NUM
cblr-8638	118	26	by	by	ADP
cblr-8638	118	27	the	the	DET
cblr-8638	118	28	morning	morning	NOUN
cblr-8638	118	29	of	of	ADP
cblr-8638	118	30	january	january	PROPN
cblr-8638	118	31	29	29	NUM
cblr-8638	118	32	,	,	PUNCT
cblr-8638	118	33	2021	2021	NUM
cblr-8638	118	34	,	,	PUNCT
cblr-8638	118	35	short	short	ADJ
cblr-8638	118	36	sellers	seller	NOUN
cblr-8638	118	37	had	have	AUX
cblr-8638	118	38	recorded	record	VERB
cblr-8638	118	39	estimated	estimate	VERB
cblr-8638	118	40	losses	loss	NOUN
cblr-8638	118	41	of	of	ADP
cblr-8638	118	42	more	more	ADJ
cblr-8638	118	43	than	than	ADP
cblr-8638	118	44	$	$	SYM
cblr-8638	118	45	19	19	NUM
cblr-8638	118	46	billion	billion	NUM
cblr-8638	118	47	from	from	ADP
cblr-8638	118	48	their	their	PRON
cblr-8638	118	49	trading	trading	NOUN
cblr-8638	118	50	positions	position	NOUN
cblr-8638	118	51	in	in	ADP
cblr-8638	118	52	gamestop.30	gamestop.30	PROPN
cblr-8638	118	53	one	one	NUM
cblr-8638	118	54	news	news	NOUN
cblr-8638	118	55	source	source	NOUN
cblr-8638	118	56	described	describe	VERB
cblr-8638	118	57	the	the	DET
cblr-8638	118	58	phenomenon	phenomenon	NOUN
cblr-8638	118	59	as	as	SCONJ
cblr-8638	118	60	follows	follow	VERB
cblr-8638	118	61	:	:	PUNCT
cblr-8638	118	62	fueled	fuel	VERB
cblr-8638	118	63	by	by	ADP
cblr-8638	118	64	the	the	DET
cblr-8638	118	65	army	army	NOUN
cblr-8638	118	66	of	of	ADP
cblr-8638	118	67	day	day	NOUN
cblr-8638	118	68	traders	trader	NOUN
cblr-8638	118	69	that	that	PRON
cblr-8638	118	70	populates	populate	VERB
cblr-8638	118	71	reddit	reddit	NOUN
cblr-8638	118	72	’s	’s	PART
cblr-8638	118	73	“	"	PUNCT
cblr-8638	118	74	wall	wall	PROPN
cblr-8638	118	75	street	street	PROPN
cblr-8638	118	76	bets	bet	NOUN
cblr-8638	118	77	”	"	PUNCT
cblr-8638	118	78	forum	forum	PROPN
cblr-8638	118	79	,	,	PUNCT
cblr-8638	118	80	gamestop	gamestop	NOUN
cblr-8638	118	81	saw	see	VERB
cblr-8638	118	82	its	its	PRON
cblr-8638	118	83	market	market	NOUN
cblr-8638	118	84	capitalization	capitalization	NOUN
cblr-8638	118	85	go	go	VERB
cblr-8638	118	86	from	from	ADP
cblr-8638	118	87	$	$	SYM
cblr-8638	118	88	3	3	NUM
cblr-8638	118	89	billion	billion	NUM
cblr-8638	118	90	to	to	PART
cblr-8638	118	91	$	$	SYM
cblr-8638	118	92	25	25	NUM
cblr-8638	118	93	billion	billion	NUM
cblr-8638	118	94	in	in	ADP
cblr-8638	118	95	a	a	DET
cblr-8638	118	96	week	week	NOUN
cblr-8638	118	97	.	.	PUNCT
cblr-8638	119	1	in	in	ADP
cblr-8638	119	2	a	a	DET
cblr-8638	119	3	kind	kind	NOUN
cblr-8638	119	4	of	of	ADP
cblr-8638	119	5	stock	stock	NOUN
cblr-8638	119	6	-	-	PUNCT
cblr-8638	119	7	market	market	NOUN
cblr-8638	119	8	flash	flash	NOUN
cblr-8638	119	9	mob	mob	NOUN
cblr-8638	119	10	,	,	PUNCT
cblr-8638	119	11	retail	retail	NOUN
cblr-8638	119	12	26	26	NUM
cblr-8638	119	13	see	see	VERB
cblr-8638	119	14	ben	ben	PROPN
cblr-8638	119	15	winck	winck	PROPN
cblr-8638	119	16	,	,	PUNCT
cblr-8638	119	17	gamestop	gamestop	ADJ
cblr-8638	119	18	short	short	ADJ
cblr-8638	119	19	-	-	PUNCT
cblr-8638	119	20	sellers	seller	NOUN
cblr-8638	119	21	melvin	melvin	PROPN
cblr-8638	119	22	capital	capital	PROPN
cblr-8638	119	23	and	and	CCONJ
cblr-8638	119	24	citron	citron	NOUN
cblr-8638	119	25	surrender	surrender	NOUN
cblr-8638	119	26	bearish	bearish	ADJ
cblr-8638	119	27	bets	bet	NOUN
cblr-8638	119	28	after	after	SCONJ
cblr-8638	119	29	700	700	NUM
cblr-8638	119	30	%	%	NOUN
cblr-8638	119	31	rally	rally	NOUN
cblr-8638	119	32	drives	drive	VERB
cblr-8638	119	33	huge	huge	ADJ
cblr-8638	119	34	losses	loss	NOUN
cblr-8638	119	35	,	,	PUNCT
cblr-8638	119	36	bus	bus	NOUN
cblr-8638	119	37	.	.	PUNCT
cblr-8638	120	1	insider	insider	NOUN
cblr-8638	120	2	:	:	PUNCT
cblr-8638	120	3	mkts	mkts	NOUN
cblr-8638	120	4	.	.	PUNCT
cblr-8638	121	1	insider	insider	NOUN
cblr-8638	121	2	(	(	PUNCT
cblr-8638	121	3	jan	jan	PROPN
cblr-8638	121	4	.	.	PROPN
cblr-8638	121	5	27	27	NUM
cblr-8638	121	6	,	,	PUNCT
cblr-8638	121	7	2021	2021	NUM
cblr-8638	121	8	,	,	PUNCT
cblr-8638	121	9	9:42	9:42	NUM
cblr-8638	121	10	am	am	NOUN
cblr-8638	121	11	)	)	PUNCT
cblr-8638	121	12	,	,	PUNCT
cblr-8638	121	13	https://markets.businessinsider.com/news/stocks/gamestop-stock-short-sellers-melvin-capitalcitron-surrender-bets-gme-2021-1-1030010382	https://markets.businessinsider.com/news/stocks/gamestop-stock-short-sellers-melvin-capitalcitron-surrender-bets-gme-2021-1-1030010382	VERB
cblr-8638	121	14	[	[	X
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cblr-8638	121	16	]	]	PUNCT
cblr-8638	121	17	.	.	PUNCT
cblr-8638	122	1	27	27	NUM
cblr-8638	122	2	see	see	NOUN
cblr-8638	122	3	celarier	celarier	NOUN
cblr-8638	122	4	,	,	PUNCT
cblr-8638	122	5	supra	supra	PROPN
cblr-8638	122	6	note	note	NOUN
cblr-8638	122	7	16	16	NUM
cblr-8638	122	8	(	(	PUNCT
cblr-8638	122	9	discussing	discuss	VERB
cblr-8638	122	10	melvin	melvin	PROPN
cblr-8638	122	11	capital	capital	PROPN
cblr-8638	122	12	)	)	PUNCT
cblr-8638	122	13	.	.	PUNCT
cblr-8638	123	1	28	28	NUM
cblr-8638	124	1	i	i	PRON
cblr-8638	124	2	d.	d.	PROPN
cblr-8638	124	3	29	29	NUM
cblr-8638	124	4	harry	harry	PROPN
cblr-8638	124	5	robertson	robertson	PROPN
cblr-8638	124	6	,	,	PUNCT
cblr-8638	124	7	short	short	ADJ
cblr-8638	124	8	-	-	PUNCT
cblr-8638	124	9	sellers	seller	NOUN
cblr-8638	124	10	are	be	AUX
cblr-8638	124	11	nursing	nurse	VERB
cblr-8638	124	12	estimated	estimate	VERB
cblr-8638	124	13	losses	loss	NOUN
cblr-8638	124	14	of	of	ADP
cblr-8638	124	15	$	$	SYM
cblr-8638	124	16	19	19	NUM
cblr-8638	124	17	billion	billion	NUM
cblr-8638	124	18	in	in	ADP
cblr-8638	124	19	2021	2021	NUM
cblr-8638	124	20	after	after	ADP
cblr-8638	124	21	betting	bet	VERB
cblr-8638	124	22	on	on	ADP
cblr-8638	124	23	gamestop	gamestop	NOUN
cblr-8638	124	24	’s	’s	PART
cblr-8638	124	25	stock	stock	NOUN
cblr-8638	124	26	to	to	PART
cblr-8638	124	27	plunge	plunge	VERB
cblr-8638	124	28	,	,	PUNCT
cblr-8638	124	29	bus	bus	NOUN
cblr-8638	124	30	.	.	PUNCT
cblr-8638	125	1	insider	insider	NOUN
cblr-8638	125	2	:	:	PUNCT
cblr-8638	125	3	mkts	mkts	NOUN
cblr-8638	125	4	.	.	PUNCT
cblr-8638	126	1	insider	insider	NOUN
cblr-8638	126	2	(	(	PUNCT
cblr-8638	126	3	jan	jan	PROPN
cblr-8638	126	4	.	.	PROPN
cblr-8638	126	5	30	30	NUM
cblr-8638	126	6	,	,	PUNCT
cblr-8638	126	7	2021	2021	NUM
cblr-8638	126	8	,	,	PUNCT
cblr-8638	126	9	2:31	2:31	NUM
cblr-8638	126	10	pm	pm	NOUN
cblr-8638	126	11	)	)	PUNCT
cblr-8638	126	12	,	,	PUNCT
cblr-8638	126	13	https://markets.businessinsider.com/news/stocks/short-sellers-sitting-on-19-billion-of-losses-ongamestop-data-shows-2021-1-1030020684	https://markets.businessinsider.com/news/stocks/short-sellers-sitting-on-19-billion-of-losses-ongamestop-data-shows-2021-1-1030020684	PROPN
cblr-8638	127	1	[	[	X
cblr-8638	127	2	https://perma.cc/bgm9uapa	https://perma.cc/bgm9uapa	X
cblr-8638	127	3	]	]	X
cblr-8638	127	4	.	.	PUNCT
cblr-8638	128	1	30	30	NUM
cblr-8638	129	1	i	i	PRON
cblr-8638	129	2	d.	d.	PROPN
cblr-8638	129	3	macey	macey	VERB
cblr-8638	129	4	8/22/2021	8/22/2021	NUM
cblr-8638	129	5	3:47	3:47	NUM
cblr-8638	129	6	pm	pm	PROPN
cblr-8638	129	7	804	804	NUM
cblr-8638	129	8	columbia	columbia	PROPN
cblr-8638	129	9	business	business	NOUN
cblr-8638	129	10	law	law	PROPN
cblr-8638	129	11	review	review	NOUN
cblr-8638	130	1	[	[	X
cblr-8638	130	2	vol	vol	NOUN
cblr-8638	130	3	.	.	PUNCT
cblr-8638	130	4	2021	2021	NUM
cblr-8638	130	5	investors	investor	NOUN
cblr-8638	130	6	put	put	VERB
cblr-8638	130	7	enough	enough	ADJ
cblr-8638	130	8	money	money	NOUN
cblr-8638	130	9	into	into	ADP
cblr-8638	130	10	risky	risky	ADJ
cblr-8638	130	11	call	call	NOUN
cblr-8638	130	12	options	option	NOUN
cblr-8638	130	13	to	to	PART
cblr-8638	130	14	push	push	VERB
cblr-8638	130	15	up	up	ADP
cblr-8638	130	16	share	share	NOUN
cblr-8638	130	17	prices	price	NOUN
cblr-8638	130	18	and	and	CCONJ
cblr-8638	130	19	force	force	VERB
cblr-8638	130	20	short	short	ADJ
cblr-8638	130	21	sellers	seller	NOUN
cblr-8638	130	22	out	out	ADP
cblr-8638	130	23	of	of	ADP
cblr-8638	130	24	their	their	PRON
cblr-8638	130	25	positions.31	positions.31	NOUN
cblr-8638	130	26	the	the	DET
cblr-8638	130	27	controversy	controversy	NOUN
cblr-8638	130	28	escalated	escalate	VERB
cblr-8638	130	29	considerably	considerably	ADV
cblr-8638	130	30	on	on	ADP
cblr-8638	130	31	january	january	PROPN
cblr-8638	130	32	28	28	NUM
cblr-8638	130	33	,	,	PUNCT
cblr-8638	130	34	2021	2021	NUM
cblr-8638	130	35	,	,	PUNCT
cblr-8638	130	36	when	when	SCONJ
cblr-8638	130	37	certain	certain	ADJ
cblr-8638	130	38	brokerage	brokerage	NOUN
cblr-8638	130	39	firms	firm	NOUN
cblr-8638	130	40	responded	respond	VERB
cblr-8638	130	41	by	by	ADP
cblr-8638	130	42	limiting	limit	VERB
cblr-8638	130	43	,	,	PUNCT
cblr-8638	130	44	or	or	CCONJ
cblr-8638	130	45	shutting	shut	VERB
cblr-8638	130	46	down	down	ADP
cblr-8638	130	47	,	,	PUNCT
cblr-8638	130	48	the	the	DET
cblr-8638	130	49	trading	trading	NOUN
cblr-8638	130	50	of	of	ADP
cblr-8638	130	51	stocks	stock	NOUN
cblr-8638	130	52	and/or	and/or	CCONJ
cblr-8638	130	53	options.32	options.32	VERB
cblr-8638	130	54	in	in	ADP
cblr-8638	130	55	particular	particular	ADJ
cblr-8638	130	56	,	,	PUNCT
cblr-8638	130	57	robinhood	robinhood	PROPN
cblr-8638	130	58	and	and	CCONJ
cblr-8638	130	59	interactive	interactive	ADJ
cblr-8638	130	60	brokers	broker	NOUN
cblr-8638	130	61	,	,	PUNCT
cblr-8638	130	62	the	the	DET
cblr-8638	130	63	retail	retail	ADJ
cblr-8638	130	64	brokerage	brokerage	NOUN
cblr-8638	130	65	platforms	platform	NOUN
cblr-8638	130	66	preferred	prefer	VERB
cblr-8638	130	67	by	by	ADP
cblr-8638	130	68	reddit	reddit	NOUN
cblr-8638	130	69	fans	fan	NOUN
cblr-8638	130	70	and	and	CCONJ
cblr-8638	130	71	where	where	SCONJ
cblr-8638	130	72	most	most	ADJ
cblr-8638	130	73	of	of	ADP
cblr-8638	130	74	the	the	DET
cblr-8638	130	75	buying	buying	NOUN
cblr-8638	130	76	frenzy	frenzy	NOUN
cblr-8638	130	77	was	be	AUX
cblr-8638	130	78	centered	center	VERB
cblr-8638	130	79	,	,	PUNCT
cblr-8638	130	80	halted	halt	VERB
cblr-8638	130	81	trading	trading	NOUN
cblr-8638	130	82	in	in	ADP
cblr-8638	130	83	gamestop.33	gamestop.33	VERB
cblr-8638	130	84	the	the	DET
cblr-8638	130	85	move	move	NOUN
cblr-8638	130	86	was	be	AUX
cblr-8638	130	87	characterized	characterize	VERB
cblr-8638	130	88	as	as	ADP
cblr-8638	130	89	an	an	DET
cblr-8638	130	90	effort	effort	NOUN
cblr-8638	130	91	to	to	PART
cblr-8638	130	92	protect	protect	VERB
cblr-8638	130	93	institutional	institutional	ADJ
cblr-8638	130	94	investors	investor	NOUN
cblr-8638	130	95	at	at	ADP
cblr-8638	130	96	the	the	DET
cblr-8638	130	97	expense	expense	NOUN
cblr-8638	130	98	of	of	ADP
cblr-8638	130	99	ordinary	ordinary	ADJ
cblr-8638	130	100	investors.34	investors.34	NOUN
cblr-8638	130	101	it	it	PRON
cblr-8638	130	102	was	be	AUX
cblr-8638	130	103	perceived	perceive	VERB
cblr-8638	130	104	,	,	PUNCT
cblr-8638	130	105	and	and	CCONJ
cblr-8638	130	106	rightly	rightly	ADV
cblr-8638	130	107	so	so	ADV
cblr-8638	130	108	,	,	PUNCT
cblr-8638	130	109	as	as	ADV
cblr-8638	130	110	highly	highly	ADV
cblr-8638	130	111	unfair.35	unfair.35	NOUN
cblr-8638	130	112	as	as	ADP
cblr-8638	130	113	a	a	DET
cblr-8638	130	114	practical	practical	ADJ
cblr-8638	130	115	matter	matter	NOUN
cblr-8638	130	116	,	,	PUNCT
cblr-8638	130	117	the	the	DET
cblr-8638	130	118	move	move	NOUN
cblr-8638	130	119	resulted	result	VERB
cblr-8638	130	120	in	in	ADP
cblr-8638	130	121	a	a	DET
cblr-8638	130	122	situation	situation	NOUN
cblr-8638	130	123	in	in	ADP
cblr-8638	130	124	which	which	PRON
cblr-8638	130	125	small	small	ADJ
cblr-8638	130	126	retail	retail	ADJ
cblr-8638	130	127	traders	trader	NOUN
cblr-8638	130	128	were	be	AUX
cblr-8638	130	129	locked	lock	VERB
cblr-8638	130	130	out	out	ADP
cblr-8638	130	131	of	of	ADP
cblr-8638	130	132	the	the	DET
cblr-8638	130	133	market	market	NOUN
cblr-8638	130	134	while	while	SCONJ
cblr-8638	130	135	professional	professional	PROPN
cblr-8638	130	136	wall	wall	PROPN
cblr-8638	130	137	street	street	PROPN
cblr-8638	130	138	investors	investor	NOUN
cblr-8638	130	139	were	be	AUX
cblr-8638	130	140	given	give	VERB
cblr-8638	130	141	free	free	ADJ
cblr-8638	130	142	rein	rein	NOUN
cblr-8638	130	143	to	to	PART
cblr-8638	130	144	cover	cover	VERB
cblr-8638	130	145	their	their	PRON
cblr-8638	130	146	shorts.36	shorts.36	NOUN
cblr-8638	130	147	the	the	DET
cblr-8638	130	148	wall	wall	PROPN
cblr-8638	130	149	street	street	PROPN
cblr-8638	130	150	elite	elite	PROPN
cblr-8638	130	151	were	be	AUX
cblr-8638	130	152	made	make	VERB
cblr-8638	130	153	free	free	ADJ
cblr-8638	130	154	of	of	ADP
cblr-8638	130	155	the	the	DET
cblr-8638	130	156	upward	upward	ADJ
cblr-8638	130	157	pressure	pressure	NOUN
cblr-8638	130	158	on	on	ADP
cblr-8638	130	159	the	the	DET
cblr-8638	130	160	stock	stock	NOUN
cblr-8638	130	161	that	that	PRON
cblr-8638	130	162	would	would	AUX
cblr-8638	130	163	have	have	AUX
cblr-8638	130	164	otherwise	otherwise	ADV
cblr-8638	130	165	been	be	AUX
cblr-8638	130	166	exerted	exert	VERB
cblr-8638	130	167	by	by	ADP
cblr-8638	130	168	small	small	ADJ
cblr-8638	130	169	investors	investor	NOUN
cblr-8638	130	170	trading	trade	VERB
cblr-8638	130	171	on	on	ADP
cblr-8638	130	172	robinhood	robinhood	PROPN
cblr-8638	130	173	.	.	PUNCT
cblr-8638	131	1	at	at	ADP
cblr-8638	131	2	a	a	DET
cblr-8638	131	3	minimum	minimum	NOUN
cblr-8638	131	4	,	,	PUNCT
cblr-8638	131	5	the	the	DET
cblr-8638	131	6	reddit	reddit	NOUN
cblr-8638	131	7	/	/	SYM
cblr-8638	131	8	gamestop	gamestop	NOUN
cblr-8638	131	9	saga	saga	NOUN
cblr-8638	131	10	casts	cast	VERB
cblr-8638	131	11	significant	significant	ADJ
cblr-8638	131	12	doubt	doubt	NOUN
cblr-8638	131	13	on	on	ADP
cblr-8638	131	14	the	the	DET
cblr-8638	131	15	notion	notion	NOUN
cblr-8638	131	16	that	that	SCONJ
cblr-8638	131	17	the	the	DET
cblr-8638	131	18	sec	sec	PROPN
cblr-8638	131	19	is	be	AUX
cblr-8638	131	20	achieving	achieve	VERB
cblr-8638	131	21	its	its	PRON
cblr-8638	131	22	“	"	PUNCT
cblr-8638	131	23	tripartite	tripartite	ADJ
cblr-8638	131	24	purpose	purpose	NOUN
cblr-8638	131	25	.	.	PUNCT
cblr-8638	131	26	.	.	PUNCT
cblr-8638	131	27	.	.	PUNCT
cblr-8638	132	1	to	to	PART
cblr-8638	132	2	maintain	maintain	VERB
cblr-8638	132	3	fair	fair	ADJ
cblr-8638	132	4	,	,	PUNCT
cblr-8638	132	5	orderly	orderly	ADJ
cblr-8638	132	6	,	,	PUNCT
cblr-8638	132	7	and	and	CCONJ
cblr-8638	132	8	efficient	efficient	ADJ
cblr-8638	132	9	markets	market	NOUN
cblr-8638	132	10	,	,	PUNCT
cblr-8638	132	11	and	and	CCONJ
cblr-8638	132	12	to	to	PART
cblr-8638	132	13	facilitate	facilitate	VERB
cblr-8638	132	14	capital	capital	NOUN
cblr-8638	132	15	formation	formation	NOUN
cblr-8638	132	16	.	.	PUNCT
cblr-8638	133	1	”37	”37	PUNCT
cblr-8638	133	2	the	the	DET
cblr-8638	133	3	saga	saga	NOUN
cblr-8638	133	4	was	be	AUX
cblr-8638	133	5	nothing	nothing	PRON
cblr-8638	133	6	short	short	ADJ
cblr-8638	133	7	of	of	ADP
cblr-8638	133	8	a	a	DET
cblr-8638	133	9	class	class	NOUN
cblr-8638	133	10	conflict	conflict	NOUN
cblr-8638	133	11	in	in	ADP
cblr-8638	133	12	which	which	PRON
cblr-8638	133	13	the	the	DET
cblr-8638	133	14	investing	investing	NOUN
cblr-8638	133	15	proletariat	proletariat	PROPN
cblr-8638	133	16	sought	seek	VERB
cblr-8638	133	17	out	out	ADP
cblr-8638	133	18	,	,	PUNCT
cblr-8638	133	19	did	do	VERB
cblr-8638	133	20	battle	battle	NOUN
cblr-8638	133	21	with	with	ADP
cblr-8638	133	22	,	,	PUNCT
cblr-8638	133	23	and	and	CCONJ
cblr-8638	133	24	achieved	achieve	VERB
cblr-8638	133	25	at	at	ADP
cblr-8638	133	26	least	least	ADJ
cblr-8638	133	27	a	a	DET
cblr-8638	133	28	fleeting	fleeting	ADJ
cblr-8638	133	29	victory	victory	NOUN
cblr-8638	133	30	over	over	ADP
cblr-8638	133	31	its	its	PRON
cblr-8638	133	32	avowed	avow	VERB
cblr-8638	133	33	enemies	enemy	NOUN
cblr-8638	133	34	—	—	PUNCT
cblr-8638	133	35	the	the	DET
cblr-8638	133	36	wall	wall	PROPN
cblr-8638	133	37	street	street	PROPN
cblr-8638	133	38	elites	elite	NOUN
cblr-8638	133	39	and	and	CCONJ
cblr-8638	133	40	the	the	DET
cblr-8638	133	41	sec	sec	PROPN
cblr-8638	133	42	—	—	PUNCT
cblr-8638	133	43	by	by	ADP
cblr-8638	133	44	driving	drive	VERB
cblr-8638	133	45	the	the	DET
cblr-8638	133	46	price	price	NOUN
cblr-8638	133	47	of	of	ADP
cblr-8638	133	48	gamestop	gamestop	NOUN
cblr-8638	133	49	to	to	ADP
cblr-8638	133	50	levels	level	NOUN
cblr-8638	133	51	far	far	ADV
cblr-8638	133	52	beyond	beyond	ADP
cblr-8638	133	53	what	what	PRON
cblr-8638	133	54	any	any	DET
cblr-8638	133	55	rational	rational	ADJ
cblr-8638	133	56	market	market	NOUN
cblr-8638	133	57	analyst	analyst	NOUN
cblr-8638	133	58	would	would	AUX
cblr-8638	133	59	consider	consider	VERB
cblr-8638	133	60	sane	sane	ADJ
cblr-8638	133	61	.	.	PUNCT
cblr-8638	134	1	31	31	NUM
cblr-8638	134	2	daniel	daniel	PROPN
cblr-8638	134	3	tenreiro	tenreiro	PROPN
cblr-8638	134	4	,	,	PUNCT
cblr-8638	134	5	why	why	SCONJ
cblr-8638	134	6	robinhood	robinhood	PROPN
cblr-8638	134	7	halted	halt	VERB
cblr-8638	134	8	gamestop	gamestop	ADJ
cblr-8638	134	9	trading	trading	NOUN
cblr-8638	134	10	,	,	PUNCT
cblr-8638	134	11	yahoo	yahoo	PROPN
cblr-8638	134	12	!	!	PUNCT
cblr-8638	134	13	:	:	PUNCT
cblr-8638	135	1	news	news	NOUN
cblr-8638	135	2	(	(	PUNCT
cblr-8638	135	3	jan	jan	PROPN
cblr-8638	135	4	.	.	PROPN
cblr-8638	135	5	28	28	NUM
cblr-8638	135	6	,	,	PUNCT
cblr-8638	135	7	2021	2021	NUM
cblr-8638	135	8	)	)	PUNCT
cblr-8638	135	9	,	,	PUNCT
cblr-8638	135	10	https://news.yahoo.com/why-robinhood-haltedgamestop-trading-011448173.html	https://news.yahoo.com/why-robinhood-haltedgamestop-trading-011448173.html	PROPN
cblr-8638	136	1	[	[	X
cblr-8638	136	2	https://perma.cc/9tjv-uwe7	https://perma.cc/9tjv-uwe7	NOUN
cblr-8638	136	3	]	]	PUNCT
cblr-8638	136	4	.	.	PUNCT
cblr-8638	137	1	32	32	NUM
cblr-8638	138	1	i	i	PRON
cblr-8638	138	2	d.	d.	PROPN
cblr-8638	138	3	33	33	NUM
cblr-8638	139	1	i	i	PRON
cblr-8638	139	2	d.	d.	PROPN
cblr-8638	139	3	34	34	NUM
cblr-8638	139	4	see	see	VERB
cblr-8638	139	5	i	i	PRON
cblr-8638	139	6	d.	d.	PROPN
cblr-8638	139	7	35	35	NUM
cblr-8638	139	8	see	see	VERB
cblr-8638	139	9	james	james	PROPN
cblr-8638	139	10	politi	politi	PROPN
cblr-8638	139	11	,	,	PUNCT
cblr-8638	139	12	‘	'	PUNCT
cblr-8638	139	13	let	let	VERB
cblr-8638	139	14	them	they	PRON
cblr-8638	139	15	trade	trade	VERB
cblr-8638	139	16	’	'	PUNCT
cblr-8638	139	17	:	:	PUNCT
cblr-8638	139	18	washington	washington	PROPN
cblr-8638	139	19	struggles	struggle	VERB
cblr-8638	139	20	with	with	ADP
cblr-8638	139	21	robinhood	robinhood	PROPN
cblr-8638	139	22	politics	politic	NOUN
cblr-8638	139	23	,	,	PUNCT
cblr-8638	139	24	fin	fin	NOUN
cblr-8638	139	25	.	.	PUNCT
cblr-8638	140	1	times	times	PROPN
cblr-8638	140	2	(	(	PUNCT
cblr-8638	140	3	feb	feb	PROPN
cblr-8638	140	4	.	.	PROPN
cblr-8638	140	5	3	3	NUM
cblr-8638	140	6	,	,	PUNCT
cblr-8638	140	7	2021	2021	NUM
cblr-8638	140	8	)	)	PUNCT
cblr-8638	141	1	(	(	PUNCT
cblr-8638	141	2	on	on	ADP
cblr-8638	141	3	file	file	NOUN
cblr-8638	141	4	with	with	ADP
cblr-8638	141	5	the	the	DET
cblr-8638	141	6	columbia	columbia	PROPN
cblr-8638	141	7	business	business	PROPN
cblr-8638	141	8	law	law	PROPN
cblr-8638	141	9	review	review	PROPN
cblr-8638	141	10	)	)	PUNCT
cblr-8638	141	11	,	,	PUNCT
cblr-8638	141	12	https://www.ft.com/content/a0ff1262-9f61-4a23-a0572884cfdec6b7	https://www.ft.com/content/a0ff1262-9f61-4a23-a0572884cfdec6b7	PROPN
cblr-8638	141	13	.	.	PUNCT
cblr-8638	142	1	36	36	NUM
cblr-8638	142	2	see	see	VERB
cblr-8638	142	3	i	i	PRON
cblr-8638	142	4	d.	d.	PROPN
cblr-8638	142	5	37	37	NUM
cblr-8638	142	6	see	see	VERB
cblr-8638	142	7	katz	katz	PROPN
cblr-8638	142	8	&	&	CCONJ
cblr-8638	142	9	mcintosh	mcintosh	PROPN
cblr-8638	142	10	,	,	PUNCT
cblr-8638	142	11	supra	supra	PROPN
cblr-8638	142	12	note	note	PROPN
cblr-8638	142	13	6	6	NUM
cblr-8638	142	14	,	,	PUNCT
cblr-8638	142	15	at	at	ADP
cblr-8638	142	16	2	2	NUM
cblr-8638	142	17	.	.	PUNCT
cblr-8638	142	18	macey	macey	PROPN
cblr-8638	142	19	8/22/2021	8/22/2021	NUM
cblr-8638	142	20	3:47	3:47	NUM
cblr-8638	142	21	pm	pm	NOUN
cblr-8638	142	22	no	no	INTJ
cblr-8638	142	23	.	.	PUNCT
cblr-8638	143	1	2:796	2:796	NUM
cblr-8638	143	2	]	]	X
cblr-8638	143	3	securities	security	NOUN
cblr-8638	143	4	regulation	regulation	NOUN
cblr-8638	143	5	and	and	CCONJ
cblr-8638	143	6	class	class	NOUN
cblr-8638	143	7	warfare	warfare	NOUN
cblr-8638	143	8	805	805	NUM
cblr-8638	143	9	if	if	SCONJ
cblr-8638	143	10	this	this	DET
cblr-8638	143	11	saga	saga	NOUN
cblr-8638	143	12	shows	show	VERB
cblr-8638	143	13	anything	anything	PRON
cblr-8638	143	14	,	,	PUNCT
cblr-8638	143	15	it	it	PRON
cblr-8638	143	16	is	be	AUX
cblr-8638	143	17	that	that	SCONJ
cblr-8638	143	18	outside	outside	ADP
cblr-8638	143	19	of	of	ADP
cblr-8638	143	20	the	the	DET
cblr-8638	143	21	corridors	corridor	NOUN
cblr-8638	143	22	of	of	ADP
cblr-8638	143	23	the	the	DET
cblr-8638	143	24	sec	sec	PROPN
cblr-8638	143	25	,	,	PUNCT
cblr-8638	143	26	elite	elite	ADJ
cblr-8638	143	27	law	law	NOUN
cblr-8638	143	28	firms	firm	NOUN
cblr-8638	143	29	,	,	PUNCT
cblr-8638	143	30	and	and	CCONJ
cblr-8638	143	31	the	the	DET
cblr-8638	143	32	nation	nation	NOUN
cblr-8638	143	33	’s	’s	PART
cblr-8638	143	34	largest	large	ADJ
cblr-8638	143	35	financial	financial	ADJ
cblr-8638	143	36	institutions	institution	NOUN
cblr-8638	143	37	,	,	PUNCT
cblr-8638	143	38	the	the	DET
cblr-8638	143	39	financial	financial	ADJ
cblr-8638	143	40	markets	market	NOUN
cblr-8638	143	41	are	be	AUX
cblr-8638	143	42	not	not	PART
cblr-8638	143	43	perceived	perceive	VERB
cblr-8638	143	44	as	as	ADP
cblr-8638	143	45	fair	fair	ADJ
cblr-8638	143	46	,	,	PUNCT
cblr-8638	143	47	or	or	CCONJ
cblr-8638	143	48	orderly	orderly	ADJ
cblr-8638	143	49	,	,	PUNCT
cblr-8638	143	50	or	or	CCONJ
cblr-8638	143	51	efficient	efficient	ADJ
cblr-8638	143	52	—	—	PUNCT
cblr-8638	143	53	for	for	ADP
cblr-8638	143	54	good	good	ADJ
cblr-8638	143	55	reason	reason	NOUN
cblr-8638	143	56	.	.	PUNCT
cblr-8638	144	1	wachtell	wachtell	PROPN
cblr-8638	144	2	’s	’s	PART
cblr-8638	144	3	memo	memo	NOUN
cblr-8638	144	4	,	,	PUNCT
cblr-8638	144	5	viewed	view	VERB
cblr-8638	144	6	in	in	ADP
cblr-8638	144	7	light	light	NOUN
cblr-8638	144	8	of	of	ADP
cblr-8638	144	9	the	the	DET
cblr-8638	144	10	reddit	reddit	NOUN
cblr-8638	144	11	/	/	SYM
cblr-8638	144	12	gamestop	gamestop	NOUN
cblr-8638	144	13	saga	saga	NOUN
cblr-8638	144	14	,	,	PUNCT
cblr-8638	144	15	seems	seem	VERB
cblr-8638	144	16	questionable	questionable	ADJ
cblr-8638	144	17	at	at	ADP
cblr-8638	144	18	minimum	minimum	NOUN
cblr-8638	144	19	when	when	SCONJ
cblr-8638	144	20	one	one	NUM
cblr-8638	144	21	stands	stand	VERB
cblr-8638	144	22	in	in	ADP
cblr-8638	144	23	the	the	DET
cblr-8638	144	24	shoes	shoe	NOUN
cblr-8638	144	25	of	of	ADP
cblr-8638	144	26	retail	retail	ADJ
cblr-8638	144	27	,	,	PUNCT
cblr-8638	144	28	main	main	ADJ
cblr-8638	144	29	street	street	NOUN
cblr-8638	144	30	investors	investor	NOUN
cblr-8638	144	31	.	.	PUNCT
cblr-8638	145	1	this	this	DET
cblr-8638	145	2	recent	recent	ADJ
cblr-8638	145	3	saga	saga	NOUN
cblr-8638	145	4	,	,	PUNCT
cblr-8638	145	5	fresh	fresh	ADJ
cblr-8638	145	6	in	in	ADP
cblr-8638	145	7	the	the	DET
cblr-8638	145	8	minds	mind	NOUN
cblr-8638	145	9	of	of	ADP
cblr-8638	145	10	the	the	DET
cblr-8638	145	11	investing	investing	NOUN
cblr-8638	145	12	community	community	NOUN
cblr-8638	145	13	and	and	CCONJ
cblr-8638	145	14	general	general	ADJ
cblr-8638	145	15	public	public	NOUN
cblr-8638	145	16	alike	alike	ADV
cblr-8638	145	17	,	,	PUNCT
cblr-8638	145	18	brings	bring	VERB
cblr-8638	145	19	us	we	PRON
cblr-8638	145	20	back	back	ADV
cblr-8638	145	21	to	to	ADP
cblr-8638	145	22	this	this	DET
cblr-8638	145	23	article	article	NOUN
cblr-8638	145	24	’s	’s	PART
cblr-8638	145	25	premise	premise	NOUN
cblr-8638	145	26	:	:	PUNCT
cblr-8638	145	27	that	that	SCONJ
cblr-8638	145	28	securities	security	NOUN
cblr-8638	145	29	regulation	regulation	NOUN
cblr-8638	145	30	can	can	AUX
cblr-8638	145	31	not	not	PART
cblr-8638	145	32	be	be	AUX
cblr-8638	145	33	viewed	view	VERB
cblr-8638	145	34	as	as	ADP
cblr-8638	145	35	separate	separate	ADJ
cblr-8638	145	36	from	from	ADP
cblr-8638	145	37	existing	exist	VERB
cblr-8638	145	38	class	class	NOUN
cblr-8638	145	39	conflicts	conflict	NOUN
cblr-8638	145	40	and	and	CCONJ
cblr-8638	145	41	growing	grow	VERB
cblr-8638	145	42	income	income	NOUN
cblr-8638	145	43	and	and	CCONJ
cblr-8638	145	44	wealth	wealth	NOUN
cblr-8638	145	45	disparities	disparity	NOUN
cblr-8638	145	46	.	.	PUNCT
cblr-8638	146	1	in	in	ADP
cblr-8638	146	2	part	part	PROPN
cblr-8638	146	3	ii	ii	NOUN
cblr-8638	146	4	of	of	ADP
cblr-8638	146	5	this	this	DET
cblr-8638	146	6	article	article	NOUN
cblr-8638	146	7	,	,	PUNCT
cblr-8638	146	8	i	i	PRON
cblr-8638	146	9	show	show	VERB
cblr-8638	146	10	that	that	SCONJ
cblr-8638	146	11	the	the	DET
cblr-8638	146	12	reddit	reddit	NOUN
cblr-8638	146	13	/	/	SYM
cblr-8638	146	14	gamestop	gamestop	NOUN
cblr-8638	146	15	saga	saga	NOUN
cblr-8638	146	16	demonstrates	demonstrate	VERB
cblr-8638	146	17	that	that	SCONJ
cblr-8638	146	18	regulation	regulation	NOUN
cblr-8638	146	19	has	have	AUX
cblr-8638	146	20	not	not	PART
cblr-8638	146	21	led	lead	VERB
cblr-8638	146	22	to	to	ADP
cblr-8638	146	23	securities	security	NOUN
cblr-8638	146	24	markets	market	NOUN
cblr-8638	146	25	being	be	AUX
cblr-8638	146	26	perceived	perceive	VERB
cblr-8638	146	27	as	as	ADP
cblr-8638	146	28	fair	fair	ADJ
cblr-8638	146	29	,	,	PUNCT
cblr-8638	146	30	orderly	orderly	ADJ
cblr-8638	146	31	,	,	PUNCT
cblr-8638	146	32	or	or	CCONJ
cblr-8638	146	33	efficient	efficient	ADJ
cblr-8638	146	34	by	by	ADP
cblr-8638	146	35	main	main	ADJ
cblr-8638	146	36	street	street	NOUN
cblr-8638	146	37	investors	investor	NOUN
cblr-8638	146	38	,	,	PUNCT
cblr-8638	146	39	which	which	PRON
cblr-8638	146	40	is	be	AUX
cblr-8638	146	41	the	the	DET
cblr-8638	146	42	group	group	NOUN
cblr-8638	146	43	that	that	PRON
cblr-8638	146	44	the	the	DET
cblr-8638	146	45	sec	sec	PROPN
cblr-8638	146	46	ostensibly	ostensibly	ADV
cblr-8638	146	47	is	be	AUX
cblr-8638	146	48	supposed	suppose	VERB
cblr-8638	146	49	to	to	PART
cblr-8638	146	50	serve	serve	VERB
cblr-8638	146	51	.	.	PUNCT
cblr-8638	147	1	this	this	DET
cblr-8638	147	2	part	part	NOUN
cblr-8638	147	3	delves	delve	VERB
cblr-8638	147	4	further	far	ADV
cblr-8638	147	5	into	into	ADP
cblr-8638	147	6	the	the	DET
cblr-8638	147	7	rift	rift	NOUN
cblr-8638	147	8	between	between	ADP
cblr-8638	147	9	the	the	DET
cblr-8638	147	10	treatment	treatment	NOUN
cblr-8638	147	11	of	of	ADP
cblr-8638	147	12	wall	wall	PROPN
cblr-8638	147	13	street	street	PROPN
cblr-8638	147	14	traders	trader	NOUN
cblr-8638	147	15	and	and	CCONJ
cblr-8638	147	16	that	that	PRON
cblr-8638	147	17	of	of	ADP
cblr-8638	147	18	main	main	ADJ
cblr-8638	147	19	street	street	NOUN
cblr-8638	147	20	traders	trader	NOUN
cblr-8638	147	21	by	by	ADP
cblr-8638	147	22	securities	security	NOUN
cblr-8638	147	23	regulators	regulator	NOUN
cblr-8638	147	24	.	.	PUNCT
cblr-8638	148	1	in	in	ADP
cblr-8638	148	2	part	part	NOUN
cblr-8638	148	3	iii	iii	NOUN
cblr-8638	148	4	,	,	PUNCT
cblr-8638	148	5	i	i	PRON
cblr-8638	148	6	then	then	ADV
cblr-8638	148	7	advance	advance	VERB
cblr-8638	148	8	the	the	DET
cblr-8638	148	9	argument	argument	NOUN
cblr-8638	148	10	that	that	SCONJ
cblr-8638	148	11	the	the	DET
cblr-8638	148	12	very	very	ADJ
cblr-8638	148	13	structure	structure	NOUN
cblr-8638	148	14	of	of	ADP
cblr-8638	148	15	securities	security	NOUN
cblr-8638	148	16	regulation	regulation	NOUN
cblr-8638	148	17	systematically	systematically	ADV
cblr-8638	148	18	favors	favor	VERB
cblr-8638	148	19	elite	elite	PROPN
cblr-8638	148	20	wall	wall	PROPN
cblr-8638	148	21	street	street	PROPN
cblr-8638	148	22	institutional	institutional	ADJ
cblr-8638	148	23	interests	interest	NOUN
cblr-8638	148	24	over	over	ADP
cblr-8638	148	25	the	the	DET
cblr-8638	148	26	interests	interest	NOUN
cblr-8638	148	27	of	of	ADP
cblr-8638	148	28	main	main	ADJ
cblr-8638	148	29	street	street	NOUN
cblr-8638	148	30	investors	investor	NOUN
cblr-8638	148	31	.	.	PUNCT
cblr-8638	149	1	this	this	DET
cblr-8638	149	2	favoritism	favoritism	NOUN
cblr-8638	149	3	is	be	AUX
cblr-8638	149	4	structural	structural	ADJ
cblr-8638	149	5	and	and	CCONJ
cblr-8638	149	6	unavoidable	unavoidable	ADJ
cblr-8638	149	7	.	.	PUNCT
cblr-8638	150	1	at	at	ADP
cblr-8638	150	2	best	well	ADV
cblr-8638	150	3	,	,	PUNCT
cblr-8638	150	4	securities	security	NOUN
cblr-8638	150	5	regulation	regulation	NOUN
cblr-8638	150	6	protects	protect	VERB
cblr-8638	150	7	investors	investor	NOUN
cblr-8638	150	8	by	by	ADP
cblr-8638	150	9	excluding	exclude	VERB
cblr-8638	150	10	them	they	PRON
cblr-8638	150	11	from	from	ADP
cblr-8638	150	12	the	the	DET
cblr-8638	150	13	market	market	NOUN
cblr-8638	150	14	—	—	PUNCT
cblr-8638	150	15	paternalism	paternalism	NOUN
cblr-8638	150	16	at	at	ADP
cblr-8638	150	17	its	its	PRON
cblr-8638	150	18	finest	fine	ADJ
cblr-8638	150	19	.	.	PUNCT
cblr-8638	151	1	at	at	ADP
cblr-8638	151	2	worst	worst	ADV
cblr-8638	151	3	,	,	PUNCT
cblr-8638	151	4	the	the	DET
cblr-8638	151	5	sec	sec	PROPN
cblr-8638	151	6	and	and	CCONJ
cblr-8638	151	7	its	its	PRON
cblr-8638	151	8	clientele	clientele	NOUN
cblr-8638	151	9	are	be	AUX
cblr-8638	151	10	rigging	rig	VERB
cblr-8638	151	11	the	the	DET
cblr-8638	151	12	game	game	NOUN
cblr-8638	151	13	so	so	SCONJ
cblr-8638	151	14	that	that	SCONJ
cblr-8638	151	15	entrenched	entrenched	ADJ
cblr-8638	151	16	interests	interest	NOUN
cblr-8638	151	17	profit	profit	NOUN
cblr-8638	151	18	at	at	ADP
cblr-8638	151	19	the	the	DET
cblr-8638	151	20	expense	expense	NOUN
cblr-8638	151	21	of	of	ADP
cblr-8638	151	22	the	the	DET
cblr-8638	151	23	little	little	ADJ
cblr-8638	151	24	guy	guy	NOUN
cblr-8638	151	25	.	.	PUNCT
cblr-8638	151	26	ii	ii	PROPN
cblr-8638	151	27	.	.	PUNCT
cblr-8638	152	1	fair	fair	ADJ
cblr-8638	152	2	,	,	PUNCT
cblr-8638	152	3	orderly	orderly	ADJ
cblr-8638	152	4	,	,	PUNCT
cblr-8638	152	5	and	and	CCONJ
cblr-8638	152	6	efficient	efficient	ADJ
cblr-8638	152	7	the	the	DET
cblr-8638	152	8	concept	concept	NOUN
cblr-8638	152	9	of	of	ADP
cblr-8638	152	10	market	market	NOUN
cblr-8638	152	11	fairness	fairness	NOUN
cblr-8638	152	12	must	must	AUX
cblr-8638	152	13	be	be	AUX
cblr-8638	152	14	defined	define	VERB
cblr-8638	152	15	with	with	ADP
cblr-8638	152	16	some	some	DET
cblr-8638	152	17	specificity	specificity	NOUN
cblr-8638	152	18	in	in	ADP
cblr-8638	152	19	order	order	NOUN
cblr-8638	152	20	to	to	PART
cblr-8638	152	21	explain	explain	VERB
cblr-8638	152	22	why	why	SCONJ
cblr-8638	152	23	ordinary	ordinary	ADJ
cblr-8638	152	24	traders	trader	NOUN
cblr-8638	152	25	trading	trade	VERB
cblr-8638	152	26	in	in	ADP
cblr-8638	152	27	efficient	efficient	ADJ
cblr-8638	152	28	markets	market	NOUN
cblr-8638	152	29	do	do	AUX
cblr-8638	152	30	not	not	PART
cblr-8638	152	31	believe	believe	VERB
cblr-8638	152	32	that	that	SCONJ
cblr-8638	152	33	the	the	DET
cblr-8638	152	34	markets	market	NOUN
cblr-8638	152	35	are	be	AUX
cblr-8638	152	36	fair	fair	ADJ
cblr-8638	152	37	.	.	PUNCT
cblr-8638	153	1	in	in	ADP
cblr-8638	153	2	my	my	PRON
cblr-8638	153	3	view	view	NOUN
cblr-8638	153	4	,	,	PUNCT
cblr-8638	153	5	the	the	DET
cblr-8638	153	6	best	good	ADJ
cblr-8638	153	7	definition	definition	NOUN
cblr-8638	153	8	of	of	ADP
cblr-8638	153	9	a	a	DET
cblr-8638	153	10	fair	fair	ADJ
cblr-8638	153	11	securities	security	NOUN
cblr-8638	153	12	market	market	NOUN
cblr-8638	153	13	is	be	AUX
cblr-8638	153	14	a	a	DET
cblr-8638	153	15	securities	security	NOUN
cblr-8638	153	16	market	market	NOUN
cblr-8638	153	17	in	in	ADP
cblr-8638	153	18	which	which	PRON
cblr-8638	153	19	investors	investor	NOUN
cblr-8638	153	20	get	get	VERB
cblr-8638	153	21	what	what	PRON
cblr-8638	153	22	they	they	PRON
cblr-8638	153	23	pay	pay	VERB
cblr-8638	153	24	.	.	PUNCT
cblr-8638	154	1	according	accord	VERB
cblr-8638	154	2	to	to	ADP
cblr-8638	154	3	this	this	DET
cblr-8638	154	4	definition	definition	NOUN
cblr-8638	154	5	,	,	PUNCT
cblr-8638	154	6	u.s	u.s	PROPN
cblr-8638	154	7	.	.	PROPN
cblr-8638	154	8	capital	capital	NOUN
cblr-8638	154	9	markets	market	NOUN
cblr-8638	154	10	are	be	AUX
cblr-8638	154	11	generally	generally	ADV
cblr-8638	154	12	fair	fair	ADJ
cblr-8638	154	13	because	because	SCONJ
cblr-8638	154	14	they	they	PRON
cblr-8638	154	15	are	be	AUX
cblr-8638	154	16	generally	generally	ADV
cblr-8638	154	17	efficient	efficient	ADJ
cblr-8638	154	18	.	.	PUNCT
cblr-8638	155	1	on	on	ADP
cblr-8638	155	2	the	the	DET
cblr-8638	155	3	other	other	ADJ
cblr-8638	155	4	hand	hand	NOUN
cblr-8638	155	5	,	,	PUNCT
cblr-8638	155	6	i	i	PRON
cblr-8638	155	7	believe	believe	VERB
cblr-8638	155	8	that	that	SCONJ
cblr-8638	155	9	the	the	DET
cblr-8638	155	10	sec	sec	PROPN
cblr-8638	155	11	embraces	embrace	VERB
cblr-8638	155	12	a	a	DET
cblr-8638	155	13	different	different	ADJ
cblr-8638	155	14	definition	definition	NOUN
cblr-8638	155	15	of	of	ADP
cblr-8638	155	16	market	market	NOUN
cblr-8638	155	17	fairness	fairness	NOUN
cblr-8638	155	18	.	.	PUNCT
cblr-8638	156	1	according	accord	VERB
cblr-8638	156	2	to	to	ADP
cblr-8638	156	3	the	the	DET
cblr-8638	156	4	sec	sec	PROPN
cblr-8638	156	5	’s	’s	PART
cblr-8638	156	6	rival	rival	ADJ
cblr-8638	156	7	definition	definition	NOUN
cblr-8638	156	8	,	,	PUNCT
cblr-8638	156	9	a	a	DET
cblr-8638	156	10	market	market	NOUN
cblr-8638	156	11	is	be	AUX
cblr-8638	156	12	fair	fair	ADJ
cblr-8638	156	13	if	if	SCONJ
cblr-8638	156	14	and	and	CCONJ
cblr-8638	156	15	only	only	ADV
cblr-8638	156	16	if	if	SCONJ
cblr-8638	156	17	all	all	DET
cblr-8638	156	18	investors	investor	NOUN
cblr-8638	156	19	have	have	VERB
cblr-8638	156	20	an	an	DET
cblr-8638	156	21	equal	equal	ADJ
cblr-8638	156	22	chance	chance	NOUN
cblr-8638	156	23	of	of	ADP
cblr-8638	156	24	earning	earn	VERB
cblr-8638	156	25	abnormal	abnormal	ADJ
cblr-8638	156	26	returns	return	NOUN
cblr-8638	156	27	,	,	PUNCT
cblr-8638	156	28	where	where	SCONJ
cblr-8638	156	29	abnormal	abnormal	ADJ
cblr-8638	156	30	returns	return	NOUN
cblr-8638	156	31	are	be	AUX
cblr-8638	156	32	defined	define	VERB
cblr-8638	156	33	as	as	ADP
cblr-8638	156	34	macey	macey	NOUN
cblr-8638	157	1	8/22/2021	8/22/2021	NUM
cblr-8638	157	2	3:47	3:47	NUM
cblr-8638	157	3	pm	pm	PROPN
cblr-8638	157	4	806	806	NUM
cblr-8638	157	5	columbia	columbia	PROPN
cblr-8638	157	6	business	business	NOUN
cblr-8638	157	7	law	law	PROPN
cblr-8638	157	8	review	review	NOUN
cblr-8638	158	1	[	[	X
cblr-8638	158	2	vol	vol	NOUN
cblr-8638	158	3	.	.	PUNCT
cblr-8638	158	4	2021	2021	NUM
cblr-8638	158	5	returns	return	NOUN
cblr-8638	158	6	above	above	ADP
cblr-8638	158	7	the	the	DET
cblr-8638	158	8	risk	risk	NOUN
cblr-8638	158	9	-	-	PUNCT
cblr-8638	158	10	adjusted	adjust	VERB
cblr-8638	158	11	returns	return	NOUN
cblr-8638	158	12	that	that	PRON
cblr-8638	158	13	one	one	PRON
cblr-8638	158	14	would	would	AUX
cblr-8638	158	15	receive	receive	VERB
cblr-8638	158	16	on	on	ADP
cblr-8638	158	17	a	a	DET
cblr-8638	158	18	diversified	diversified	ADJ
cblr-8638	158	19	portfolio	portfolio	NOUN
cblr-8638	158	20	of	of	ADP
cblr-8638	158	21	securities.38	securities.38	PROPN
cblr-8638	158	22	as	as	SCONJ
cblr-8638	158	23	explained	explain	VERB
cblr-8638	158	24	here	here	ADV
cblr-8638	158	25	,	,	PUNCT
cblr-8638	158	26	fairness	fairness	NOUN
cblr-8638	158	27	simply	simply	ADV
cblr-8638	158	28	is	be	AUX
cblr-8638	158	29	unattainable	unattainable	ADJ
cblr-8638	158	30	under	under	ADP
cblr-8638	158	31	this	this	DET
cblr-8638	158	32	second	second	ADJ
cblr-8638	158	33	definition	definition	NOUN
cblr-8638	158	34	of	of	ADP
cblr-8638	158	35	the	the	DET
cblr-8638	158	36	term	term	NOUN
cblr-8638	158	37	.	.	PUNCT
cblr-8638	159	1	when	when	SCONJ
cblr-8638	159	2	market	market	NOUN
cblr-8638	159	3	fairness	fairness	NOUN
cblr-8638	159	4	is	be	AUX
cblr-8638	159	5	defined	define	VERB
cblr-8638	159	6	as	as	ADP
cblr-8638	159	7	giving	give	VERB
cblr-8638	159	8	all	all	DET
cblr-8638	159	9	investors	investor	NOUN
cblr-8638	159	10	an	an	DET
cblr-8638	159	11	equal	equal	ADJ
cblr-8638	159	12	chance	chance	NOUN
cblr-8638	159	13	to	to	PART
cblr-8638	159	14	earn	earn	VERB
cblr-8638	159	15	abnormal	abnormal	ADJ
cblr-8638	159	16	returns	return	NOUN
cblr-8638	159	17	,	,	PUNCT
cblr-8638	159	18	it	it	PRON
cblr-8638	159	19	is	be	AUX
cblr-8638	159	20	easy	easy	ADJ
cblr-8638	159	21	to	to	PART
cblr-8638	159	22	show	show	VERB
cblr-8638	159	23	that	that	SCONJ
cblr-8638	159	24	markets	market	NOUN
cblr-8638	159	25	are	be	AUX
cblr-8638	159	26	inherently	inherently	ADV
cblr-8638	159	27	unfair	unfair	ADJ
cblr-8638	159	28	because	because	SCONJ
cblr-8638	159	29	earning	earn	VERB
cblr-8638	159	30	abnormal	abnormal	ADJ
cblr-8638	159	31	returns	return	NOUN
cblr-8638	159	32	requires	require	VERB
cblr-8638	159	33	access	access	NOUN
cblr-8638	159	34	to	to	ADP
cblr-8638	159	35	information	information	NOUN
cblr-8638	159	36	that	that	PRON
cblr-8638	159	37	is	be	AUX
cblr-8638	159	38	not	not	PART
cblr-8638	159	39	already	already	ADV
cblr-8638	159	40	reflected	reflect	VERB
cblr-8638	159	41	in	in	ADP
cblr-8638	159	42	a	a	DET
cblr-8638	159	43	company	company	NOUN
cblr-8638	159	44	’s	’s	PART
cblr-8638	159	45	share	share	NOUN
cblr-8638	159	46	price	price	NOUN
cblr-8638	159	47	.	.	PUNCT
cblr-8638	160	1	and	and	CCONJ
cblr-8638	160	2	,	,	PUNCT
cblr-8638	160	3	by	by	ADP
cblr-8638	160	4	its	its	PRON
cblr-8638	160	5	very	very	ADJ
cblr-8638	160	6	nature	nature	NOUN
cblr-8638	160	7	,	,	PUNCT
cblr-8638	160	8	this	this	DET
cblr-8638	160	9	information	information	NOUN
cblr-8638	160	10	is	be	AUX
cblr-8638	160	11	available	available	ADJ
cblr-8638	160	12	to	to	ADP
cblr-8638	160	13	corporate	corporate	ADJ
cblr-8638	160	14	insiders	insider	NOUN
cblr-8638	160	15	and	and	CCONJ
cblr-8638	160	16	professional	professional	ADJ
cblr-8638	160	17	traders	trader	NOUN
cblr-8638	160	18	before	before	SCONJ
cblr-8638	160	19	it	it	PRON
cblr-8638	160	20	is	be	AUX
cblr-8638	160	21	available	available	ADJ
cblr-8638	160	22	to	to	ADP
cblr-8638	160	23	the	the	DET
cblr-8638	160	24	general	general	ADJ
cblr-8638	160	25	public	public	NOUN
cblr-8638	160	26	.	.	PUNCT
cblr-8638	161	1	thus	thus	ADV
cblr-8638	161	2	,	,	PUNCT
cblr-8638	161	3	access	access	NOUN
cblr-8638	161	4	to	to	ADP
cblr-8638	161	5	information	information	NOUN
cblr-8638	161	6	determines	determine	VERB
cblr-8638	161	7	success	success	NOUN
cblr-8638	161	8	in	in	ADP
cblr-8638	161	9	the	the	DET
cblr-8638	161	10	market	market	NOUN
cblr-8638	161	11	,	,	PUNCT
cblr-8638	161	12	and	and	CCONJ
cblr-8638	161	13	access	access	NOUN
cblr-8638	161	14	to	to	ADP
cblr-8638	161	15	information	information	NOUN
cblr-8638	161	16	is	be	AUX
cblr-8638	161	17	limited	limit	VERB
cblr-8638	161	18	to	to	ADP
cblr-8638	161	19	insiders	insider	NOUN
cblr-8638	161	20	and	and	CCONJ
cblr-8638	161	21	those	those	PRON
cblr-8638	161	22	with	with	ADP
cblr-8638	161	23	certain	certain	ADJ
cblr-8638	161	24	levels	level	NOUN
cblr-8638	161	25	of	of	ADP
cblr-8638	161	26	wealth	wealth	NOUN
cblr-8638	161	27	and	and	CCONJ
cblr-8638	161	28	connections	connection	NOUN
cblr-8638	161	29	.	.	PUNCT
cblr-8638	162	1	those	those	PRON
cblr-8638	162	2	with	with	ADP
cblr-8638	162	3	superior	superior	ADJ
cblr-8638	162	4	inherent	inherent	ADJ
cblr-8638	162	5	and	and	CCONJ
cblr-8638	162	6	structural	structural	ADJ
cblr-8638	162	7	access	access	NOUN
cblr-8638	162	8	to	to	ADP
cblr-8638	162	9	information	information	NOUN
cblr-8638	162	10	invariably	invariably	ADV
cblr-8638	162	11	will	will	AUX
cblr-8638	162	12	profit	profit	VERB
cblr-8638	162	13	at	at	ADP
cblr-8638	162	14	the	the	DET
cblr-8638	162	15	expense	expense	NOUN
cblr-8638	162	16	of	of	ADP
cblr-8638	162	17	those	those	PRON
cblr-8638	162	18	with	with	ADP
cblr-8638	162	19	less	less	ADJ
cblr-8638	162	20	access	access	NOUN
cblr-8638	162	21	.	.	PUNCT
cblr-8638	163	1	unsurprisingly	unsurprisingly	ADV
cblr-8638	163	2	,	,	PUNCT
cblr-8638	163	3	those	those	PRON
cblr-8638	163	4	who	who	PRON
cblr-8638	163	5	lack	lack	VERB
cblr-8638	163	6	an	an	DET
cblr-8638	163	7	informational	informational	ADJ
cblr-8638	163	8	edge	edge	NOUN
cblr-8638	163	9	will	will	AUX
cblr-8638	163	10	feel	feel	VERB
cblr-8638	163	11	that	that	SCONJ
cblr-8638	163	12	markets	market	NOUN
cblr-8638	163	13	are	be	AUX
cblr-8638	163	14	unfair	unfair	ADJ
cblr-8638	163	15	.	.	PUNCT
cblr-8638	164	1	markets	market	NOUN
cblr-8638	164	2	are	be	AUX
cblr-8638	164	3	also	also	ADV
cblr-8638	164	4	well	well	ADV
cblr-8638	164	5	known	known	ADJ
cblr-8638	164	6	for	for	ADP
cblr-8638	164	7	being	be	AUX
cblr-8638	164	8	disorderly	disorderly	ADV
cblr-8638	164	9	.	.	PUNCT
cblr-8638	165	1	markets	market	NOUN
cblr-8638	165	2	are	be	AUX
cblr-8638	165	3	driven	drive	VERB
cblr-8638	165	4	by	by	ADP
cblr-8638	165	5	the	the	DET
cblr-8638	165	6	release	release	NOUN
cblr-8638	165	7	of	of	ADP
cblr-8638	165	8	information	information	NOUN
cblr-8638	165	9	generated	generate	VERB
cblr-8638	165	10	by	by	ADP
cblr-8638	165	11	the	the	DET
cblr-8638	165	12	occurrence	occurrence	NOUN
cblr-8638	165	13	of	of	ADP
cblr-8638	165	14	real	real	ADJ
cblr-8638	165	15	-	-	PUNCT
cblr-8638	165	16	world	world	NOUN
cblr-8638	165	17	events	event	NOUN
cblr-8638	165	18	,	,	PUNCT
cblr-8638	165	19	as	as	ADV
cblr-8638	165	20	well	well	ADV
cblr-8638	165	21	as	as	ADP
cblr-8638	165	22	by	by	ADP
cblr-8638	165	23	research	research	NOUN
cblr-8638	165	24	and	and	CCONJ
cblr-8638	165	25	analysis	analysis	NOUN
cblr-8638	165	26	of	of	ADP
cblr-8638	165	27	the	the	DET
cblr-8638	165	28	implication	implication	NOUN
cblr-8638	165	29	of	of	ADP
cblr-8638	165	30	various	various	ADJ
cblr-8638	165	31	phenomena	phenomenon	NOUN
cblr-8638	165	32	for	for	ADP
cblr-8638	165	33	asset	asset	NOUN
cblr-8638	165	34	prices	price	NOUN
cblr-8638	165	35	.	.	PUNCT
cblr-8638	166	1	disorder	disorder	NOUN
cblr-8638	166	2	naturally	naturally	ADV
cblr-8638	166	3	emerges	emerge	VERB
cblr-8638	166	4	through	through	ADP
cblr-8638	166	5	this	this	DET
cblr-8638	166	6	process	process	NOUN
cblr-8638	166	7	because	because	SCONJ
cblr-8638	166	8	it	it	PRON
cblr-8638	166	9	is	be	AUX
cblr-8638	166	10	not	not	PART
cblr-8638	166	11	possible	possible	ADJ
cblr-8638	166	12	to	to	PART
cblr-8638	166	13	predict	predict	VERB
cblr-8638	166	14	when	when	SCONJ
cblr-8638	166	15	new	new	ADJ
cblr-8638	166	16	information	information	NOUN
cblr-8638	166	17	will	will	AUX
cblr-8638	166	18	emerge	emerge	VERB
cblr-8638	166	19	that	that	PRON
cblr-8638	166	20	disrupts	disrupt	VERB
cblr-8638	166	21	existing	exist	VERB
cblr-8638	166	22	expectations	expectation	NOUN
cblr-8638	166	23	about	about	ADP
cblr-8638	166	24	asset	asset	NOUN
cblr-8638	166	25	prices	price	NOUN
cblr-8638	166	26	and	and	CCONJ
cblr-8638	166	27	causes	cause	VERB
cblr-8638	166	28	volatility	volatility	NOUN
cblr-8638	166	29	.	.	PUNCT
cblr-8638	167	1	being	be	AUX
cblr-8638	167	2	volatility	volatility	NOUN
cblr-8638	167	3	-	-	PUNCT
cblr-8638	167	4	driven	drive	VERB
cblr-8638	167	5	thus	thus	ADV
cblr-8638	167	6	breeds	breed	VERB
cblr-8638	167	7	market	market	NOUN
cblr-8638	167	8	disorder	disorder	NOUN
cblr-8638	167	9	.	.	PUNCT
cblr-8638	168	1	furthermore	furthermore	ADV
cblr-8638	168	2	,	,	PUNCT
cblr-8638	168	3	markets	market	NOUN
cblr-8638	168	4	can	can	AUX
cblr-8638	168	5	be	be	AUX
cblr-8638	168	6	highly	highly	ADV
cblr-8638	168	7	inefficient	inefficient	ADJ
cblr-8638	168	8	at	at	ADP
cblr-8638	168	9	times	time	NOUN
cblr-8638	168	10	,	,	PUNCT
cblr-8638	168	11	contrary	contrary	ADV
cblr-8638	168	12	to	to	ADP
cblr-8638	168	13	the	the	DET
cblr-8638	168	14	general	general	ADJ
cblr-8638	168	15	perception	perception	NOUN
cblr-8638	168	16	that	that	SCONJ
cblr-8638	168	17	markets	market	NOUN
cblr-8638	168	18	are	be	AUX
cblr-8638	168	19	made	make	VERB
cblr-8638	168	20	naturally	naturally	ADV
cblr-8638	168	21	efficient	efficient	ADJ
cblr-8638	168	22	through	through	ADP
cblr-8638	168	23	competition	competition	NOUN
cblr-8638	168	24	.	.	PUNCT
cblr-8638	169	1	markets	market	NOUN
cblr-8638	169	2	are	be	AUX
cblr-8638	169	3	inefficient	inefficient	ADJ
cblr-8638	169	4	for	for	ADP
cblr-8638	169	5	the	the	DET
cblr-8638	169	6	same	same	ADJ
cblr-8638	169	7	reason	reason	NOUN
cblr-8638	169	8	that	that	SCONJ
cblr-8638	169	9	they	they	PRON
cblr-8638	169	10	are	be	AUX
cblr-8638	169	11	unfair	unfair	ADJ
cblr-8638	169	12	and	and	CCONJ
cblr-8638	169	13	disorderly	disorderly	ADV
cblr-8638	169	14	:	:	PUNCT
cblr-8638	169	15	they	they	PRON
cblr-8638	169	16	are	be	AUX
cblr-8638	169	17	driven	drive	VERB
cblr-8638	169	18	by	by	ADP
cblr-8638	169	19	human	human	ADJ
cblr-8638	169	20	beings	being	NOUN
cblr-8638	169	21	.	.	PUNCT
cblr-8638	170	1	as	as	SCONJ
cblr-8638	170	2	charles	charles	PROPN
cblr-8638	170	3	p.	p.	PROPN
cblr-8638	170	4	kindleberger	kindleberger	NOUN
cblr-8638	170	5	observed	observe	VERB
cblr-8638	170	6	decades	decade	NOUN
cblr-8638	170	7	ago	ago	ADV
cblr-8638	170	8	,	,	PUNCT
cblr-8638	170	9	rational	rational	ADJ
cblr-8638	170	10	equity	equity	NOUN
cblr-8638	170	11	traders	trader	NOUN
cblr-8638	170	12	know	know	VERB
cblr-8638	170	13	that	that	SCONJ
cblr-8638	170	14	they	they	PRON
cblr-8638	170	15	38	38	NUM
cblr-8638	170	16	in	in	ADP
cblr-8638	170	17	a	a	DET
cblr-8638	170	18	recent	recent	ADJ
cblr-8638	170	19	example	example	NOUN
cblr-8638	170	20	of	of	ADP
cblr-8638	170	21	an	an	DET
cblr-8638	170	22	effort	effort	NOUN
cblr-8638	170	23	by	by	ADP
cblr-8638	170	24	the	the	DET
cblr-8638	170	25	sec	sec	PROPN
cblr-8638	170	26	to	to	PART
cblr-8638	170	27	“	"	PUNCT
cblr-8638	170	28	protect	protect	VERB
cblr-8638	170	29	”	"	PUNCT
cblr-8638	170	30	investors	investor	NOUN
cblr-8638	170	31	from	from	ADP
cblr-8638	170	32	themselves	themselves	PRON
cblr-8638	170	33	,	,	PUNCT
cblr-8638	170	34	the	the	DET
cblr-8638	170	35	sec	sec	PROPN
cblr-8638	170	36	effectively	effectively	ADV
cblr-8638	170	37	forbade	forbid	VERB
cblr-8638	170	38	hertz	hertz	NOUN
cblr-8638	170	39	corporation	corporation	NOUN
cblr-8638	170	40	from	from	ADP
cblr-8638	170	41	selling	sell	VERB
cblr-8638	170	42	stock	stock	NOUN
cblr-8638	170	43	to	to	ADP
cblr-8638	170	44	the	the	DET
cblr-8638	170	45	public	public	NOUN
cblr-8638	170	46	.	.	PUNCT
cblr-8638	171	1	see	see	VERB
cblr-8638	171	2	anthony	anthony	PROPN
cblr-8638	171	3	j.	j.	PROPN
cblr-8638	171	4	casey	casey	PROPN
cblr-8638	171	5	&	&	CCONJ
cblr-8638	171	6	joshua	joshua	PROPN
cblr-8638	171	7	c.	c.	PROPN
cblr-8638	171	8	macey	macey	PROPN
cblr-8638	171	9	,	,	PUNCT
cblr-8638	171	10	the	the	DET
cblr-8638	171	11	hertz	hertz	NOUN
cblr-8638	171	12	maneuver	maneuver	NOUN
cblr-8638	171	13	(	(	PUNCT
cblr-8638	171	14	and	and	CCONJ
cblr-8638	171	15	the	the	DET
cblr-8638	171	16	limits	limit	NOUN
cblr-8638	171	17	of	of	ADP
cblr-8638	171	18	bankruptcy	bankruptcy	NOUN
cblr-8638	171	19	)	)	PUNCT
cblr-8638	171	20	,	,	PUNCT
cblr-8638	171	21	u.	u.	PROPN
cblr-8638	171	22	chi	chi	PROPN
cblr-8638	171	23	.	.	PUNCT
cblr-8638	172	1	l.	l.	PROPN
cblr-8638	172	2	rev	rev	PROPN
cblr-8638	172	3	.	.	PROPN
cblr-8638	173	1	online	online	PROPN
cblr-8638	173	2	,	,	PUNCT
cblr-8638	173	3	oct	oct	PROPN
cblr-8638	173	4	.	.	PROPN
cblr-8638	173	5	7	7	NUM
cblr-8638	173	6	,	,	PUNCT
cblr-8638	173	7	2020	2020	NUM
cblr-8638	173	8	,	,	PUNCT
cblr-8638	173	9	at	at	ADP
cblr-8638	173	10	1	1	NUM
cblr-8638	173	11	,	,	PUNCT
cblr-8638	173	12	2–3	2–3	NUM
cblr-8638	173	13	,	,	PUNCT
cblr-8638	173	14	16–17	16–17	NUM
cblr-8638	173	15	(	(	PUNCT
cblr-8638	173	16	questioning	question	VERB
cblr-8638	173	17	the	the	DET
cblr-8638	173	18	legitimacy	legitimacy	NOUN
cblr-8638	173	19	of	of	ADP
cblr-8638	173	20	the	the	DET
cblr-8638	173	21	sec	sec	PROPN
cblr-8638	173	22	’s	’s	PART
cblr-8638	173	23	intervention	intervention	NOUN
cblr-8638	173	24	on	on	ADP
cblr-8638	173	25	the	the	DET
cblr-8638	173	26	basis	basis	NOUN
cblr-8638	173	27	of	of	ADP
cblr-8638	173	28	investor	investor	NOUN
cblr-8638	173	29	irrationality	irrationality	NOUN
cblr-8638	173	30	)	)	PUNCT
cblr-8638	173	31	.	.	PUNCT
cblr-8638	174	1	macey	macey	PROPN
cblr-8638	174	2	8/22/2021	8/22/2021	NUM
cblr-8638	174	3	3:47	3:47	NUM
cblr-8638	174	4	pm	pm	NOUN
cblr-8638	174	5	no	no	INTJ
cblr-8638	174	6	.	.	PUNCT
cblr-8638	175	1	2:796	2:796	NUM
cblr-8638	175	2	]	]	X
cblr-8638	175	3	securities	security	NOUN
cblr-8638	175	4	regulation	regulation	NOUN
cblr-8638	175	5	and	and	CCONJ
cblr-8638	175	6	class	class	NOUN
cblr-8638	175	7	warfare	warfare	NOUN
cblr-8638	175	8	807	807	NUM
cblr-8638	175	9	can	can	AUX
cblr-8638	175	10	make	make	VERB
cblr-8638	175	11	money	money	NOUN
cblr-8638	175	12	in	in	ADP
cblr-8638	175	13	the	the	DET
cblr-8638	175	14	long	long	ADJ
cblr-8638	175	15	run	run	NOUN
cblr-8638	175	16	by	by	ADP
cblr-8638	175	17	predicting	predict	VERB
cblr-8638	175	18	how	how	SCONJ
cblr-8638	175	19	a	a	DET
cblr-8638	175	20	company	company	NOUN
cblr-8638	175	21	will	will	AUX
cblr-8638	175	22	perform	perform	VERB
cblr-8638	175	23	,	,	PUNCT
cblr-8638	175	24	but	but	CCONJ
cblr-8638	175	25	they	they	PRON
cblr-8638	175	26	can	can	AUX
cblr-8638	175	27	also	also	ADV
cblr-8638	175	28	make	make	VERB
cblr-8638	175	29	money	money	NOUN
cblr-8638	175	30	in	in	ADP
cblr-8638	175	31	the	the	DET
cblr-8638	175	32	short	short	ADJ
cblr-8638	175	33	run	run	NOUN
cblr-8638	175	34	by	by	ADP
cblr-8638	175	35	predicting	predict	VERB
cblr-8638	175	36	what	what	PRON
cblr-8638	175	37	other	other	ADJ
cblr-8638	175	38	,	,	PUNCT
cblr-8638	175	39	sometimes	sometimes	ADV
cblr-8638	175	40	irrational	irrational	ADJ
cblr-8638	175	41	,	,	PUNCT
cblr-8638	175	42	and	and	CCONJ
cblr-8638	175	43	often	often	ADV
cblr-8638	175	44	highly	highly	ADV
cblr-8638	175	45	emotional	emotional	ADJ
cblr-8638	175	46	,	,	PUNCT
cblr-8638	175	47	traders	trader	NOUN
cblr-8638	175	48	will	will	AUX
cblr-8638	175	49	do.39	do.39	VERB
cblr-8638	175	50	it	it	PRON
cblr-8638	175	51	is	be	AUX
cblr-8638	175	52	rational	rational	ADJ
cblr-8638	175	53	for	for	SCONJ
cblr-8638	175	54	a	a	DET
cblr-8638	175	55	trader	trader	NOUN
cblr-8638	175	56	to	to	PART
cblr-8638	175	57	buy	buy	VERB
cblr-8638	175	58	a	a	DET
cblr-8638	175	59	stock	stock	NOUN
cblr-8638	175	60	that	that	PRON
cblr-8638	175	61	he	he	PRON
cblr-8638	175	62	knows	know	VERB
cblr-8638	175	63	is	be	AUX
cblr-8638	175	64	overvalued	overvalue	VERB
cblr-8638	175	65	,	,	PUNCT
cblr-8638	175	66	even	even	ADV
cblr-8638	175	67	massively	massively	ADV
cblr-8638	175	68	overvalued	overvalue	VERB
cblr-8638	175	69	,	,	PUNCT
cblr-8638	175	70	if	if	SCONJ
cblr-8638	175	71	he	he	PRON
cblr-8638	175	72	is	be	AUX
cblr-8638	175	73	confident	confident	ADJ
cblr-8638	175	74	that	that	SCONJ
cblr-8638	175	75	another	another	DET
cblr-8638	175	76	buyer	buyer	NOUN
cblr-8638	175	77	will	will	AUX
cblr-8638	175	78	emerge	emerge	VERB
cblr-8638	175	79	who	who	PRON
cblr-8638	175	80	is	be	AUX
cblr-8638	175	81	willing	willing	ADJ
cblr-8638	175	82	to	to	PART
cblr-8638	175	83	pay	pay	VERB
cblr-8638	175	84	an	an	DET
cblr-8638	175	85	even	even	ADV
cblr-8638	175	86	higher	high	ADJ
cblr-8638	175	87	price	price	NOUN
cblr-8638	175	88	.	.	PUNCT
cblr-8638	176	1	the	the	DET
cblr-8638	176	2	eternal	eternal	ADJ
cblr-8638	176	3	problem	problem	NOUN
cblr-8638	176	4	,	,	PUNCT
cblr-8638	176	5	as	as	SCONJ
cblr-8638	176	6	john	john	PROPN
cblr-8638	176	7	maynard	maynard	PROPN
cblr-8638	176	8	keynes	keynes	PROPN
cblr-8638	176	9	observed	observe	VERB
cblr-8638	176	10	and	and	CCONJ
cblr-8638	176	11	as	as	ADP
cblr-8638	176	12	a	a	DET
cblr-8638	176	13	number	number	NOUN
cblr-8638	176	14	of	of	ADP
cblr-8638	176	15	u.s	u.s	PROPN
cblr-8638	176	16	.	.	PROPN
cblr-8638	176	17	hedge	hedge	PROPN
cblr-8638	176	18	funds	fund	NOUN
cblr-8638	176	19	recently	recently	ADV
cblr-8638	176	20	learned	learn	VERB
cblr-8638	176	21	,	,	PUNCT
cblr-8638	176	22	is	be	AUX
cblr-8638	176	23	that	that	SCONJ
cblr-8638	176	24	“	"	PUNCT
cblr-8638	176	25	[	[	X
cblr-8638	176	26	m]arkets	m]arket	NOUN
cblr-8638	176	27	can	can	AUX
cblr-8638	176	28	stay	stay	VERB
cblr-8638	176	29	irrational	irrational	ADJ
cblr-8638	176	30	longer	long	ADV
cblr-8638	176	31	than	than	SCONJ
cblr-8638	176	32	you	you	PRON
cblr-8638	176	33	can	can	AUX
cblr-8638	176	34	stay	stay	VERB
cblr-8638	176	35	solvent	solvent	NOUN
cblr-8638	176	36	.	.	PUNCT
cblr-8638	177	1	”40	”40	PROPN
cblr-8638	177	2	the	the	DET
cblr-8638	177	3	sec	sec	PROPN
cblr-8638	177	4	does	do	AUX
cblr-8638	177	5	not	not	PART
cblr-8638	177	6	have	have	VERB
cblr-8638	177	7	the	the	DET
cblr-8638	177	8	ability	ability	NOUN
cblr-8638	177	9	to	to	PART
cblr-8638	177	10	make	make	VERB
cblr-8638	177	11	markets	market	NOUN
cblr-8638	177	12	fair	fair	ADJ
cblr-8638	177	13	,	,	PUNCT
cblr-8638	177	14	orderly	orderly	ADJ
cblr-8638	177	15	,	,	PUNCT
cblr-8638	177	16	or	or	CCONJ
cblr-8638	177	17	efficient	efficient	ADJ
cblr-8638	177	18	.	.	PUNCT
cblr-8638	178	1	however	however	ADV
cblr-8638	178	2	,	,	PUNCT
cblr-8638	178	3	it	it	PRON
cblr-8638	178	4	does	do	AUX
cblr-8638	178	5	have	have	VERB
cblr-8638	178	6	the	the	DET
cblr-8638	178	7	ability	ability	NOUN
cblr-8638	178	8	,	,	PUNCT
cblr-8638	178	9	and	and	CCONJ
cblr-8638	178	10	the	the	DET
cblr-8638	178	11	obligation	obligation	NOUN
cblr-8638	178	12	,	,	PUNCT
cblr-8638	178	13	to	to	PART
cblr-8638	178	14	help	help	VERB
cblr-8638	178	15	move	move	VERB
cblr-8638	178	16	markets	market	NOUN
cblr-8638	178	17	towards	towards	ADP
cblr-8638	178	18	greater	great	ADJ
cblr-8638	178	19	fairness	fairness	NOUN
cblr-8638	178	20	,	,	PUNCT
cblr-8638	178	21	order	order	NOUN
cblr-8638	178	22	,	,	PUNCT
cblr-8638	178	23	and	and	CCONJ
cblr-8638	178	24	efficiency	efficiency	NOUN
cblr-8638	178	25	.	.	PUNCT
cblr-8638	179	1	it	it	PRON
cblr-8638	179	2	is	be	AUX
cblr-8638	179	3	on	on	ADP
cblr-8638	179	4	this	this	DET
cblr-8638	179	5	count	count	NOUN
cblr-8638	179	6	that	that	SCONJ
cblr-8638	179	7	the	the	DET
cblr-8638	179	8	sec	sec	PROPN
cblr-8638	179	9	has	have	AUX
cblr-8638	179	10	failed	fail	VERB
cblr-8638	179	11	.	.	PUNCT
cblr-8638	180	1	a.	a.	NOUN
cblr-8638	180	2	fairness	fairness	PROPN
cblr-8638	180	3	the	the	DET
cblr-8638	180	4	fundamental	fundamental	ADJ
cblr-8638	180	5	unfairness	unfairness	NOUN
cblr-8638	180	6	of	of	ADP
cblr-8638	180	7	the	the	DET
cblr-8638	180	8	capital	capital	NOUN
cblr-8638	180	9	markets	market	NOUN
cblr-8638	180	10	has	have	AUX
cblr-8638	180	11	been	be	AUX
cblr-8638	180	12	manifested	manifest	VERB
cblr-8638	180	13	through	through	ADP
cblr-8638	180	14	the	the	DET
cblr-8638	180	15	explicit	explicit	ADJ
cblr-8638	180	16	tilt	tilt	NOUN
cblr-8638	180	17	of	of	ADP
cblr-8638	180	18	capital	capital	NOUN
cblr-8638	180	19	markets	market	NOUN
cblr-8638	180	20	regulation	regulation	NOUN
cblr-8638	180	21	for	for	ADP
cblr-8638	180	22	the	the	DET
cblr-8638	180	23	benefit	benefit	NOUN
cblr-8638	180	24	of	of	ADP
cblr-8638	180	25	wall	wall	PROPN
cblr-8638	180	26	street	street	PROPN
cblr-8638	180	27	elites	elite	NOUN
cblr-8638	180	28	.	.	PUNCT
cblr-8638	181	1	it	it	PRON
cblr-8638	181	2	emanates	emanate	VERB
cblr-8638	181	3	from	from	ADP
cblr-8638	181	4	the	the	DET
cblr-8638	181	5	fact	fact	NOUN
cblr-8638	181	6	that	that	SCONJ
cblr-8638	181	7	securities	security	NOUN
cblr-8638	181	8	regulation	regulation	NOUN
cblr-8638	181	9	benefits	benefit	VERB
cblr-8638	181	10	securities	security	NOUN
cblr-8638	181	11	market	market	NOUN
cblr-8638	181	12	professionals	professional	NOUN
cblr-8638	181	13	.	.	PUNCT
cblr-8638	182	1	one	one	NUM
cblr-8638	182	2	of	of	ADP
cblr-8638	182	3	these	these	DET
cblr-8638	182	4	benefits	benefit	NOUN
cblr-8638	182	5	involves	involve	VERB
cblr-8638	182	6	the	the	DET
cblr-8638	182	7	elimination	elimination	NOUN
cblr-8638	182	8	of	of	ADP
cblr-8638	182	9	competition	competition	NOUN
cblr-8638	182	10	in	in	ADP
cblr-8638	182	11	trading	trading	NOUN
cblr-8638	182	12	from	from	ADP
cblr-8638	182	13	both	both	DET
cblr-8638	182	14	(	(	PUNCT
cblr-8638	182	15	1	1	X
cblr-8638	182	16	)	)	PUNCT
cblr-8638	182	17	those	those	PRON
cblr-8638	182	18	who	who	PRON
cblr-8638	182	19	have	have	VERB
cblr-8638	182	20	informational	informational	ADJ
cblr-8638	182	21	advantages	advantage	NOUN
cblr-8638	182	22	over	over	ADP
cblr-8638	182	23	wall	wall	PROPN
cblr-8638	182	24	street	street	PROPN
cblr-8638	182	25	professionals	professional	NOUN
cblr-8638	182	26	and	and	CCONJ
cblr-8638	182	27	(	(	PUNCT
cblr-8638	182	28	2	2	X
cblr-8638	182	29	)	)	PUNCT
cblr-8638	182	30	those	those	PRON
cblr-8638	182	31	who	who	PRON
cblr-8638	182	32	are	be	AUX
cblr-8638	182	33	at	at	ADP
cblr-8638	182	34	an	an	DET
cblr-8638	182	35	informational	informational	ADJ
cblr-8638	182	36	disadvantage	disadvantage	NOUN
cblr-8638	182	37	relative	relative	ADJ
cblr-8638	182	38	to	to	ADP
cblr-8638	182	39	such	such	ADJ
cblr-8638	182	40	traders	trader	NOUN
cblr-8638	182	41	.	.	PUNCT
cblr-8638	183	1	trading	trading	NOUN
cblr-8638	183	2	profits	profit	NOUN
cblr-8638	183	3	accrue	accrue	VERB
cblr-8638	183	4	to	to	ADP
cblr-8638	183	5	those	those	PRON
cblr-8638	183	6	who	who	PRON
cblr-8638	183	7	are	be	AUX
cblr-8638	183	8	able	able	ADJ
cblr-8638	183	9	to	to	PART
cblr-8638	183	10	obtain	obtain	VERB
cblr-8638	183	11	material	material	ADJ
cblr-8638	183	12	information	information	NOUN
cblr-8638	183	13	about	about	ADP
cblr-8638	183	14	a	a	DET
cblr-8638	183	15	company	company	NOUN
cblr-8638	183	16	that	that	PRON
cblr-8638	183	17	is	be	AUX
cblr-8638	183	18	not	not	PART
cblr-8638	183	19	already	already	ADV
cblr-8638	183	20	reflected	reflect	VERB
cblr-8638	183	21	in	in	ADP
cblr-8638	183	22	share	share	NOUN
cblr-8638	183	23	prices	price	NOUN
cblr-8638	183	24	(	(	PUNCT
cblr-8638	183	25	nonpublic	nonpublic	ADJ
cblr-8638	183	26	information	information	NOUN
cblr-8638	183	27	)	)	PUNCT
cblr-8638	183	28	and	and	CCONJ
cblr-8638	183	29	then	then	ADV
cblr-8638	183	30	trade	trade	VERB
cblr-8638	183	31	on	on	ADP
cblr-8638	183	32	that	that	DET
cblr-8638	183	33	information	information	NOUN
cblr-8638	183	34	before	before	SCONJ
cblr-8638	183	35	the	the	DET
cblr-8638	183	36	market	market	NOUN
cblr-8638	183	37	reacts	react	VERB
cblr-8638	183	38	.	.	PUNCT
cblr-8638	184	1	for	for	ADP
cblr-8638	184	2	example	example	NOUN
cblr-8638	184	3	,	,	PUNCT
cblr-8638	184	4	consider	consider	VERB
cblr-8638	184	5	an	an	DET
cblr-8638	184	6	informed	informed	ADJ
cblr-8638	184	7	market	market	NOUN
cblr-8638	184	8	participant	participant	NOUN
cblr-8638	184	9	.	.	PUNCT
cblr-8638	185	1	this	this	DET
cblr-8638	185	2	market	market	NOUN
cblr-8638	185	3	39	39	NUM
cblr-8638	185	4	see	see	VERB
cblr-8638	185	5	robert	robert	PROPN
cblr-8638	185	6	z.	z.	PROPN
cblr-8638	185	7	aliber	aliber	PROPN
cblr-8638	185	8	&	&	CCONJ
cblr-8638	185	9	charles	charles	PROPN
cblr-8638	185	10	p.	p.	PROPN
cblr-8638	185	11	kindleberger	kindleberger	PROPN
cblr-8638	185	12	,	,	PUNCT
cblr-8638	185	13	manias	mania	NOUN
cblr-8638	185	14	,	,	PUNCT
cblr-8638	185	15	panics	panic	NOUN
cblr-8638	185	16	,	,	PUNCT
cblr-8638	185	17	and	and	CCONJ
cblr-8638	185	18	crashes	crash	VERB
cblr-8638	185	19	:	:	PUNCT
cblr-8638	185	20	a	a	DET
cblr-8638	185	21	history	history	NOUN
cblr-8638	185	22	of	of	ADP
cblr-8638	185	23	financial	financial	ADJ
cblr-8638	185	24	crises	crisis	NOUN
cblr-8638	185	25	61–63	61–63	NUM
cblr-8638	185	26	(	(	PUNCT
cblr-8638	185	27	palgrave	palgrave	PROPN
cblr-8638	185	28	macmillan	macmillan	PROPN
cblr-8638	185	29	7th	7th	PROPN
cblr-8638	185	30	ed	ed	NOUN
cblr-8638	185	31	.	.	PROPN
cblr-8638	185	32	2015	2015	NUM
cblr-8638	185	33	)	)	PUNCT
cblr-8638	185	34	(	(	PUNCT
cblr-8638	185	35	1978	1978	NUM
cblr-8638	185	36	)	)	PUNCT
cblr-8638	185	37	.	.	PUNCT
cblr-8638	186	1	40	40	NUM
cblr-8638	186	2	maureen	maureen	PROPN
cblr-8638	186	3	o’hara	o’hara	NOUN
cblr-8638	186	4	,	,	PUNCT
cblr-8638	186	5	the	the	DET
cblr-8638	186	6	gamestop	gamestop	NOUN
cblr-8638	186	7	chaos	chaos	NOUN
cblr-8638	186	8	may	may	AUX
cblr-8638	186	9	be	be	AUX
cblr-8638	186	10	a	a	DET
cblr-8638	186	11	‘	'	PUNCT
cblr-8638	186	12	bubble	bubble	NOUN
cblr-8638	186	13	,	,	PUNCT
cblr-8638	186	14	’	'	PUNCT
cblr-8638	186	15	but	but	CCONJ
cblr-8638	186	16	what	what	PRON
cblr-8638	186	17	does	do	AUX
cblr-8638	186	18	that	that	PRON
cblr-8638	186	19	actually	actually	ADV
cblr-8638	186	20	mean	mean	VERB
cblr-8638	186	21	?	?	PUNCT
cblr-8638	186	22	,	,	PUNCT
cblr-8638	186	23	wash	wash	NOUN
cblr-8638	186	24	.	.	PUNCT
cblr-8638	187	1	post	post	NOUN
cblr-8638	187	2	(	(	PUNCT
cblr-8638	187	3	jan	jan	PROPN
cblr-8638	187	4	.	.	PROPN
cblr-8638	187	5	29	29	NUM
cblr-8638	187	6	,	,	PUNCT
cblr-8638	187	7	2021	2021	NUM
cblr-8638	187	8	,	,	PUNCT
cblr-8638	187	9	8:00	8:00	NUM
cblr-8638	187	10	am	am	NOUN
cblr-8638	187	11	)	)	PUNCT
cblr-8638	187	12	(	(	PUNCT
cblr-8638	187	13	internal	internal	ADJ
cblr-8638	187	14	quotation	quotation	NOUN
cblr-8638	187	15	marks	mark	NOUN
cblr-8638	187	16	omitted	omit	VERB
cblr-8638	187	17	)	)	PUNCT
cblr-8638	187	18	,	,	PUNCT
cblr-8638	187	19	https://www.washingtonpost.com/opinions/2021/01/29/gamestop-chaos-may-be-bubble-what-does-that-actuallymean/	https://www.washingtonpost.com/opinions/2021/01/29/gamestop-chaos-may-be-bubble-what-does-that-actuallymean/	VERB
cblr-8638	188	1	[	[	X
cblr-8638	188	2	https://perma.cc/v8p4-v927	https://perma.cc/v8p4-v927	X
cblr-8638	188	3	]	]	PUNCT
cblr-8638	188	4	(	(	PUNCT
cblr-8638	188	5	noting	note	VERB
cblr-8638	188	6	that	that	SCONJ
cblr-8638	188	7	the	the	DET
cblr-8638	188	8	quote	quote	NOUN
cblr-8638	188	9	is	be	AUX
cblr-8638	188	10	“	"	PUNCT
cblr-8638	188	11	often	often	ADV
cblr-8638	188	12	attributed	attribute	VERB
cblr-8638	188	13	to	to	ADP
cblr-8638	188	14	keynes	keyne	NOUN
cblr-8638	188	15	”	"	PUNCT
cblr-8638	188	16	)	)	PUNCT
cblr-8638	188	17	.	.	PUNCT
cblr-8638	189	1	macey	macey	PROPN
cblr-8638	189	2	8/22/2021	8/22/2021	NUM
cblr-8638	189	3	3:47	3:47	NUM
cblr-8638	189	4	pm	pm	PROPN
cblr-8638	189	5	808	808	NUM
cblr-8638	189	6	columbia	columbia	PROPN
cblr-8638	189	7	business	business	NOUN
cblr-8638	189	8	law	law	PROPN
cblr-8638	189	9	review	review	NOUN
cblr-8638	190	1	[	[	X
cblr-8638	190	2	vol	vol	NOUN
cblr-8638	190	3	.	.	PUNCT
cblr-8638	190	4	2021	2021	NUM
cblr-8638	190	5	participant	participant	NOUN
cblr-8638	190	6	has	have	VERB
cblr-8638	190	7	information	information	NOUN
cblr-8638	190	8	that	that	SCONJ
cblr-8638	190	9	a	a	DET
cblr-8638	190	10	company	company	NOUN
cblr-8638	190	11	is	be	AUX
cblr-8638	190	12	about	about	ADJ
cblr-8638	190	13	to	to	PART
cblr-8638	190	14	be	be	AUX
cblr-8638	190	15	the	the	DET
cblr-8638	190	16	subject	subject	NOUN
cblr-8638	190	17	of	of	ADP
cblr-8638	190	18	a	a	DET
cblr-8638	190	19	takeover	takeover	NOUN
cblr-8638	190	20	bid	bid	NOUN
cblr-8638	190	21	at	at	ADP
cblr-8638	190	22	a	a	DET
cblr-8638	190	23	substantial	substantial	ADJ
cblr-8638	190	24	premium	premium	NOUN
cblr-8638	190	25	.	.	PUNCT
cblr-8638	191	1	the	the	DET
cblr-8638	191	2	participant	participant	NOUN
cblr-8638	191	3	obviously	obviously	ADV
cblr-8638	191	4	can	can	AUX
cblr-8638	191	5	benefit	benefit	VERB
cblr-8638	191	6	from	from	ADP
cblr-8638	191	7	this	this	DET
cblr-8638	191	8	knowledge	knowledge	NOUN
cblr-8638	191	9	by	by	ADP
cblr-8638	191	10	buying	buy	VERB
cblr-8638	191	11	shares	share	NOUN
cblr-8638	191	12	in	in	ADP
cblr-8638	191	13	the	the	DET
cblr-8638	191	14	target	target	NOUN
cblr-8638	191	15	company	company	NOUN
cblr-8638	191	16	before	before	SCONJ
cblr-8638	191	17	the	the	DET
cblr-8638	191	18	takeover	takeover	NOUN
cblr-8638	191	19	is	be	AUX
cblr-8638	191	20	announced	announce	VERB
cblr-8638	191	21	.	.	PUNCT
cblr-8638	192	1	insiders	insider	NOUN
cblr-8638	192	2	who	who	PRON
cblr-8638	192	3	have	have	VERB
cblr-8638	192	4	access	access	NOUN
cblr-8638	192	5	,	,	PUNCT
cblr-8638	192	6	by	by	ADP
cblr-8638	192	7	virtue	virtue	NOUN
cblr-8638	192	8	of	of	ADP
cblr-8638	192	9	their	their	PRON
cblr-8638	192	10	employment	employment	NOUN
cblr-8638	192	11	,	,	PUNCT
cblr-8638	192	12	“	"	PUNCT
cblr-8638	192	13	to	to	ADP
cblr-8638	192	14	new	new	ADJ
cblr-8638	192	15	firm	firm	ADJ
cblr-8638	192	16	-	-	PUNCT
cblr-8638	192	17	specific	specific	ADJ
cblr-8638	192	18	information	information	NOUN
cblr-8638	192	19	about	about	ADP
cblr-8638	192	20	the	the	DET
cblr-8638	192	21	present	present	ADJ
cblr-8638	192	22	value	value	NOUN
cblr-8638	192	23	of	of	ADP
cblr-8638	192	24	a	a	DET
cblr-8638	192	25	firm	firm	NOUN
cblr-8638	192	26	’s	’s	PART
cblr-8638	192	27	future	future	ADJ
cblr-8638	192	28	cash	cash	NOUN
cblr-8638	192	29	flows	flow	NOUN
cblr-8638	192	30	”	"	PUNCT
cblr-8638	192	31	inevitably	inevitably	ADV
cblr-8638	192	32	will	will	AUX
cblr-8638	192	33	,	,	PUNCT
cblr-8638	192	34	in	in	ADP
cblr-8638	192	35	the	the	DET
cblr-8638	192	36	absence	absence	NOUN
cblr-8638	192	37	of	of	ADP
cblr-8638	192	38	rules	rule	NOUN
cblr-8638	192	39	prohibiting	prohibit	VERB
cblr-8638	192	40	them	they	PRON
cblr-8638	192	41	from	from	ADP
cblr-8638	192	42	trading	trade	VERB
cblr-8638	192	43	or	or	CCONJ
cblr-8638	192	44	tipping	tip	VERB
cblr-8638	192	45	others	other	NOUN
cblr-8638	192	46	,	,	PUNCT
cblr-8638	192	47	“	"	PUNCT
cblr-8638	192	48	take	take	VERB
cblr-8638	192	49	the	the	DET
cblr-8638	192	50	bulk	bulk	NOUN
cblr-8638	192	51	of	of	ADP
cblr-8638	192	52	the	the	DET
cblr-8638	192	53	gains	gain	NOUN
cblr-8638	192	54	in	in	ADP
cblr-8638	192	55	nearly	nearly	ADV
cblr-8638	192	56	every	every	PRON
cblr-8638	192	57	trading	trading	NOUN
cblr-8638	192	58	race	race	NOUN
cblr-8638	192	59	”	"	PUNCT
cblr-8638	192	60	to	to	PART
cblr-8638	192	61	obtain	obtain	VERB
cblr-8638	192	62	inside	inside	ADJ
cblr-8638	192	63	information	information	NOUN
cblr-8638	192	64	and	and	CCONJ
cblr-8638	192	65	effectuate	effectuate	VERB
cblr-8638	192	66	a	a	DET
cblr-8638	192	67	trading	trading	NOUN
cblr-8638	192	68	strategy	strategy	NOUN
cblr-8638	192	69	based	base	VERB
cblr-8638	192	70	on	on	ADP
cblr-8638	192	71	that	that	DET
cblr-8638	192	72	information.41	information.41	PROPN
cblr-8638	192	73	insider	insider	NOUN
cblr-8638	192	74	trading	trading	NOUN
cblr-8638	192	75	laws	law	NOUN
cblr-8638	192	76	bar	bar	VERB
cblr-8638	192	77	actual	actual	ADJ
cblr-8638	192	78	insiders	insider	NOUN
cblr-8638	192	79	from	from	ADP
cblr-8638	192	80	trading	trade	VERB
cblr-8638	192	81	.	.	PUNCT
cblr-8638	193	1	but	but	CCONJ
cblr-8638	193	2	they	they	PRON
cblr-8638	193	3	do	do	VERB
cblr-8638	193	4	nothing	nothing	PRON
cblr-8638	193	5	to	to	PART
cblr-8638	193	6	prevent	prevent	VERB
cblr-8638	193	7	similar	similar	ADJ
cblr-8638	193	8	trading	trading	NOUN
cblr-8638	193	9	techniques	technique	NOUN
cblr-8638	193	10	by	by	ADP
cblr-8638	193	11	wall	wall	PROPN
cblr-8638	193	12	street	street	PROPN
cblr-8638	193	13	trading	trading	NOUN
cblr-8638	193	14	professionals	professional	NOUN
cblr-8638	193	15	.	.	PUNCT
cblr-8638	194	1	these	these	DET
cblr-8638	194	2	professionals	professional	NOUN
cblr-8638	194	3	are	be	AUX
cblr-8638	194	4	the	the	DET
cblr-8638	194	5	nextfastest	nextfastest	ADV
cblr-8638	194	6	informed	informed	ADJ
cblr-8638	194	7	group	group	NOUN
cblr-8638	194	8	,	,	PUNCT
cblr-8638	194	9	“	"	PUNCT
cblr-8638	194	10	devot[ing	devot[e	VERB
cblr-8638	194	11	]	]	PUNCT
cblr-8638	194	12	their	their	PRON
cblr-8638	194	13	careers	career	NOUN
cblr-8638	194	14	to	to	ADP
cblr-8638	194	15	acquiring	acquire	VERB
cblr-8638	194	16	information	information	NOUN
cblr-8638	194	17	about	about	ADP
cblr-8638	194	18	a	a	DET
cblr-8638	194	19	firm	firm	NOUN
cblr-8638	194	20	.	.	PUNCT
cblr-8638	194	21	.	.	PUNCT
cblr-8638	194	22	.	.	PUNCT
cblr-8638	195	1	[	[	X
cblr-8638	195	2	or	or	CCONJ
cblr-8638	195	3	]	]	PUNCT
cblr-8638	195	4	an	an	DET
cblr-8638	195	5	industry	industry	NOUN
cblr-8638	195	6	.	.	PUNCT
cblr-8638	195	7	.	.	PUNCT
cblr-8638	195	8	.	.	PUNCT
cblr-8638	196	1	and	and	CCONJ
cblr-8638	196	2	.	.	PUNCT
cblr-8638	196	3	.	.	PUNCT
cblr-8638	197	1	.	.	PUNCT
cblr-8638	198	1	developing	develop	VERB
cblr-8638	198	2	skills	skill	NOUN
cblr-8638	198	3	for	for	ADP
cblr-8638	198	4	evaluating	evaluate	VERB
cblr-8638	198	5	the	the	DET
cblr-8638	198	6	information	information	NOUN
cblr-8638	198	7	they	they	PRON
cblr-8638	198	8	obtain	obtain	VERB
cblr-8638	198	9	.	.	PUNCT
cblr-8638	199	1	”42	”42	VERB
cblr-8638	199	2	with	with	ADP
cblr-8638	199	3	their	their	PRON
cblr-8638	199	4	vast	vast	ADJ
cblr-8638	199	5	informational	informational	ADJ
cblr-8638	199	6	advantage	advantage	NOUN
cblr-8638	199	7	and	and	CCONJ
cblr-8638	199	8	expertise	expertise	NOUN
cblr-8638	199	9	,	,	PUNCT
cblr-8638	199	10	wall	wall	PROPN
cblr-8638	199	11	street	street	PROPN
cblr-8638	199	12	trading	trading	NOUN
cblr-8638	199	13	elites	elite	NOUN
cblr-8638	199	14	can	can	AUX
cblr-8638	199	15	trade	trade	VERB
cblr-8638	199	16	on	on	ADP
cblr-8638	199	17	the	the	DET
cblr-8638	199	18	basis	basis	NOUN
cblr-8638	199	19	of	of	ADP
cblr-8638	199	20	their	their	PRON
cblr-8638	199	21	knowledge	knowledge	NOUN
cblr-8638	199	22	without	without	ADP
cblr-8638	199	23	legal	legal	ADJ
cblr-8638	199	24	repercussions.43	repercussions.43	NOUN
cblr-8638	199	25	the	the	DET
cblr-8638	199	26	law	law	NOUN
cblr-8638	199	27	favors	favor	VERB
cblr-8638	199	28	this	this	DET
cblr-8638	199	29	group	group	NOUN
cblr-8638	199	30	because	because	SCONJ
cblr-8638	199	31	[	[	X
cblr-8638	199	32	u]nder	u]nder	X
cblr-8638	199	33	present	present	ADJ
cblr-8638	199	34	law	law	NOUN
cblr-8638	199	35	,	,	PUNCT
cblr-8638	199	36	market	market	NOUN
cblr-8638	199	37	professionals	professional	NOUN
cblr-8638	199	38	,	,	PUNCT
cblr-8638	199	39	unlike	unlike	ADP
cblr-8638	199	40	insiders	insider	NOUN
cblr-8638	199	41	,	,	PUNCT
cblr-8638	199	42	owe	owe	VERB
cblr-8638	199	43	no	no	DET
cblr-8638	199	44	fiduciary	fiduciary	ADJ
cblr-8638	199	45	duty	duty	NOUN
cblr-8638	199	46	to	to	ADP
cblr-8638	199	47	the	the	DET
cblr-8638	199	48	firms	firm	NOUN
cblr-8638	199	49	they	they	PRON
cblr-8638	199	50	study	study	VERB
cblr-8638	199	51	;	;	PUNCT
cblr-8638	199	52	their	their	PRON
cblr-8638	199	53	field	field	NOUN
cblr-8638	199	54	of	of	ADP
cblr-8638	199	55	employment	employment	NOUN
cblr-8638	199	56	carries	carry	VERB
cblr-8638	199	57	with	with	ADP
cblr-8638	199	58	it	it	PRON
cblr-8638	199	59	no	no	DET
cblr-8638	199	60	implied	imply	VERB
cblr-8638	199	61	responsibility	responsibility	NOUN
cblr-8638	199	62	to	to	PART
cblr-8638	199	63	look	look	VERB
cblr-8638	199	64	after	after	ADP
cblr-8638	199	65	the	the	DET
cblr-8638	199	66	firms	firm	NOUN
cblr-8638	199	67	’	’	PART
cblr-8638	199	68	interests	interest	NOUN
cblr-8638	199	69	.	.	PUNCT
cblr-8638	200	1	moreover	moreover	ADV
cblr-8638	200	2	,	,	PUNCT
cblr-8638	200	3	because	because	SCONJ
cblr-8638	200	4	he	he	PRON
cblr-8638	200	5	actually	actually	ADV
cblr-8638	200	6	works	work	VERB
cblr-8638	200	7	in	in	ADP
cblr-8638	200	8	the	the	DET
cblr-8638	200	9	exchanges	exchange	NOUN
cblr-8638	200	10	or	or	CCONJ
cblr-8638	200	11	in	in	ADP
cblr-8638	200	12	closely	closely	ADV
cblr-8638	200	13	allied	ally	VERB
cblr-8638	200	14	firms	firm	NOUN
cblr-8638	200	15	,	,	PUNCT
cblr-8638	200	16	a	a	DET
cblr-8638	200	17	market	market	NOUN
cblr-8638	200	18	professional	professional	NOUN
cblr-8638	200	19	can	can	AUX
cblr-8638	200	20	execute	execute	VERB
cblr-8638	200	21	the	the	DET
cblr-8638	200	22	trade	trade	NOUN
cblr-8638	200	23	of	of	ADP
cblr-8638	200	24	a	a	DET
cblr-8638	200	25	firm	firm	NOUN
cblr-8638	200	26	’s	’s	PART
cblr-8638	200	27	stock	stock	NOUN
cblr-8638	200	28	more	more	ADV
cblr-8638	200	29	promptly	promptly	ADV
cblr-8638	200	30	than	than	ADP
cblr-8638	200	31	even	even	ADV
cblr-8638	200	32	a	a	DET
cblr-8638	200	33	firm	firm	NOUN
cblr-8638	200	34	’s	’s	PART
cblr-8638	200	35	insiders	insider	NOUN
cblr-8638	200	36	,	,	PUNCT
cblr-8638	200	37	and	and	CCONJ
cblr-8638	200	38	he	he	PRON
cblr-8638	200	39	can	can	AUX
cblr-8638	200	40	be	be	AUX
cblr-8638	200	41	beaten	beat	VERB
cblr-8638	200	42	by	by	ADP
cblr-8638	200	43	an	an	DET
cblr-8638	200	44	insider	insider	NOUN
cblr-8638	200	45	only	only	ADV
cblr-8638	200	46	when	when	SCONJ
cblr-8638	200	47	the	the	DET
cblr-8638	200	48	latter	latter	NOUN
cblr-8638	200	49	’s	’s	PART
cblr-8638	200	50	acquisition	acquisition	NOUN
cblr-8638	200	51	of	of	ADP
cblr-8638	200	52	information	information	NOUN
cblr-8638	200	53	is	be	AUX
cblr-8638	200	54	quicker.44	quicker.44	NOUN
cblr-8638	200	55	given	give	VERB
cblr-8638	200	56	the	the	DET
cblr-8638	200	57	inequitable	inequitable	ADJ
cblr-8638	200	58	informational	informational	ADJ
cblr-8638	200	59	and	and	CCONJ
cblr-8638	200	60	legal	legal	ADJ
cblr-8638	200	61	barriers	barrier	NOUN
cblr-8638	200	62	between	between	ADP
cblr-8638	200	63	main	main	ADJ
cblr-8638	200	64	street	street	NOUN
cblr-8638	200	65	investors	investor	NOUN
cblr-8638	200	66	and	and	CCONJ
cblr-8638	200	67	their	their	PRON
cblr-8638	200	68	wall	wall	PROPN
cblr-8638	200	69	street	street	PROPN
cblr-8638	200	70	41	41	NUM
cblr-8638	200	71	see	see	VERB
cblr-8638	200	72	david	david	PROPN
cblr-8638	200	73	d.	d.	PROPN
cblr-8638	200	74	haddock	haddock	PROPN
cblr-8638	200	75	&	&	CCONJ
cblr-8638	200	76	jonathan	jonathan	PROPN
cblr-8638	200	77	r.	r.	PROPN
cblr-8638	200	78	macey	macey	PROPN
cblr-8638	200	79	,	,	PUNCT
cblr-8638	200	80	regulation	regulation	NOUN
cblr-8638	200	81	on	on	ADP
cblr-8638	200	82	demand	demand	NOUN
cblr-8638	200	83	:	:	PUNCT
cblr-8638	200	84	a	a	DET
cblr-8638	200	85	private	private	ADJ
cblr-8638	200	86	interest	interest	NOUN
cblr-8638	200	87	model	model	NOUN
cblr-8638	200	88	,	,	PUNCT
cblr-8638	200	89	with	with	ADP
cblr-8638	200	90	an	an	DET
cblr-8638	200	91	application	application	NOUN
cblr-8638	200	92	to	to	ADP
cblr-8638	200	93	insider	insider	NOUN
cblr-8638	200	94	trading	trading	NOUN
cblr-8638	200	95	regulation	regulation	NOUN
cblr-8638	200	96	,	,	PUNCT
cblr-8638	200	97	30	30	NUM
cblr-8638	200	98	j.l	j.l	PROPN
cblr-8638	200	99	.	.	PROPN
cblr-8638	200	100	&	&	CCONJ
cblr-8638	200	101	econ	econ	PROPN
cblr-8638	200	102	.	.	PUNCT
cblr-8638	201	1	311	311	NUM
cblr-8638	201	2	,	,	PUNCT
cblr-8638	201	3	317–18	317–18	NUM
cblr-8638	201	4	(	(	PUNCT
cblr-8638	201	5	1987	1987	NUM
cblr-8638	201	6	)	)	PUNCT
cblr-8638	201	7	.	.	PUNCT
cblr-8638	202	1	42	42	NUM
cblr-8638	203	1	i	i	PRON
cblr-8638	203	2	d.	d.	PROPN
cblr-8638	203	3	at	at	ADP
cblr-8638	203	4	318	318	NUM
cblr-8638	203	5	.	.	PUNCT
cblr-8638	204	1	43	43	NUM
cblr-8638	205	1	i	i	PRON
cblr-8638	205	2	d.	d.	PROPN
cblr-8638	205	3	44	44	NUM
cblr-8638	205	4	i	i	PRON
cblr-8638	205	5	d.	d.	PROPN
cblr-8638	205	6	macey	macey	VERB
cblr-8638	205	7	8/22/2021	8/22/2021	NUM
cblr-8638	205	8	3:47	3:47	NUM
cblr-8638	205	9	pm	pm	NOUN
cblr-8638	205	10	no	no	INTJ
cblr-8638	205	11	.	.	PUNCT
cblr-8638	206	1	2:796	2:796	NUM
cblr-8638	206	2	]	]	X
cblr-8638	206	3	securities	security	NOUN
cblr-8638	206	4	regulation	regulation	NOUN
cblr-8638	206	5	and	and	CCONJ
cblr-8638	206	6	class	class	NOUN
cblr-8638	206	7	warfare	warfare	NOUN
cblr-8638	206	8	809	809	NUM
cblr-8638	206	9	counterparts	counterpart	NOUN
cblr-8638	206	10	,	,	PUNCT
cblr-8638	206	11	the	the	DET
cblr-8638	206	12	rules	rule	NOUN
cblr-8638	206	13	against	against	ADP
cblr-8638	206	14	insider	insider	NOUN
cblr-8638	206	15	trading	trading	NOUN
cblr-8638	206	16	do	do	AUX
cblr-8638	206	17	not	not	PART
cblr-8638	206	18	benefit	benefit	VERB
cblr-8638	206	19	“	"	PUNCT
cblr-8638	206	20	the	the	DET
cblr-8638	206	21	public	public	NOUN
cblr-8638	206	22	”	"	PUNCT
cblr-8638	206	23	or	or	CCONJ
cblr-8638	206	24	make	make	VERB
cblr-8638	206	25	markets	market	NOUN
cblr-8638	206	26	fairer	fair	ADJ
cblr-8638	206	27	.	.	PUNCT
cblr-8638	207	1	in	in	ADP
cblr-8638	207	2	fact	fact	NOUN
cblr-8638	207	3	,	,	PUNCT
cblr-8638	207	4	those	those	PRON
cblr-8638	207	5	“	"	PUNCT
cblr-8638	207	6	least	least	ADV
cblr-8638	207	7	likely	likely	ADJ
cblr-8638	207	8	to	to	PART
cblr-8638	207	9	profit	profit	VERB
cblr-8638	207	10	from	from	ADP
cblr-8638	207	11	valuable	valuable	ADJ
cblr-8638	207	12	new	new	ADJ
cblr-8638	207	13	information	information	NOUN
cblr-8638	207	14	are	be	AUX
cblr-8638	207	15	ordinary	ordinary	ADJ
cblr-8638	207	16	shareholders	shareholder	NOUN
cblr-8638	207	17	and	and	CCONJ
cblr-8638	207	18	other	other	ADJ
cblr-8638	207	19	complete	complete	ADJ
cblr-8638	207	20	‘	'	PUNCT
cblr-8638	207	21	informational	informational	ADJ
cblr-8638	207	22	outsiders	outsider	NOUN
cblr-8638	207	23	.	.	PUNCT
cblr-8638	207	24	’	'	PUNCT
cblr-8638	208	1	ordinary	ordinary	ADJ
cblr-8638	208	2	shareholders	shareholder	NOUN
cblr-8638	208	3	are	be	AUX
cblr-8638	208	4	at	at	ADP
cblr-8638	208	5	a	a	DET
cblr-8638	208	6	hopeless	hopeless	ADJ
cblr-8638	208	7	disadvantage	disadvantage	NOUN
cblr-8638	208	8	when	when	SCONJ
cblr-8638	208	9	they	they	PRON
cblr-8638	208	10	compete	compete	VERB
cblr-8638	208	11	for	for	ADP
cblr-8638	208	12	trading	trading	NOUN
cblr-8638	208	13	profits	profit	NOUN
cblr-8638	208	14	against	against	ADP
cblr-8638	208	15	either	either	DET
cblr-8638	208	16	insiders	insider	NOUN
cblr-8638	208	17	or	or	CCONJ
cblr-8638	208	18	market	market	NOUN
cblr-8638	208	19	professionals	professional	NOUN
cblr-8638	208	20	because	because	SCONJ
cblr-8638	208	21	the	the	DET
cblr-8638	208	22	outsiders	outsider	NOUN
cblr-8638	208	23	can	can	AUX
cblr-8638	208	24	not	not	PART
cblr-8638	208	25	observe	observe	VERB
cblr-8638	208	26	,	,	PUNCT
cblr-8638	208	27	grasp	grasp	NOUN
cblr-8638	208	28	,	,	PUNCT
cblr-8638	208	29	or	or	CCONJ
cblr-8638	208	30	act	act	VERB
cblr-8638	208	31	on	on	ADP
cblr-8638	208	32	new	new	ADJ
cblr-8638	208	33	information	information	NOUN
cblr-8638	208	34	as	as	ADP
cblr-8638	208	35	promptly	promptly	ADV
cblr-8638	208	36	.	.	PUNCT
cblr-8638	209	1	”45	”45	PROPN
cblr-8638	209	2	the	the	DET
cblr-8638	209	3	point	point	NOUN
cblr-8638	209	4	here	here	ADV
cblr-8638	209	5	is	be	AUX
cblr-8638	209	6	not	not	PART
cblr-8638	209	7	that	that	SCONJ
cblr-8638	209	8	insider	insider	NOUN
cblr-8638	209	9	trading	trading	NOUN
cblr-8638	209	10	should	should	AUX
cblr-8638	209	11	be	be	AUX
cblr-8638	209	12	permitted	permit	VERB
cblr-8638	209	13	.	.	PUNCT
cblr-8638	210	1	rather	rather	ADV
cblr-8638	210	2	,	,	PUNCT
cblr-8638	210	3	insider	insider	NOUN
cblr-8638	210	4	trading	trading	NOUN
cblr-8638	210	5	should	should	AUX
cblr-8638	210	6	be	be	AUX
cblr-8638	210	7	prohibited	prohibit	VERB
cblr-8638	210	8	because	because	SCONJ
cblr-8638	210	9	it	it	PRON
cblr-8638	210	10	is	be	AUX
cblr-8638	210	11	inefficient	inefficient	ADJ
cblr-8638	210	12	and	and	CCONJ
cblr-8638	210	13	undermines	undermine	VERB
cblr-8638	210	14	companies	company	NOUN
cblr-8638	210	15	’	’	PART
cblr-8638	210	16	property	property	NOUN
cblr-8638	210	17	rights	right	NOUN
cblr-8638	210	18	in	in	ADP
cblr-8638	210	19	information.46	information.46	PROPN
cblr-8638	210	20	but	but	CCONJ
cblr-8638	210	21	current	current	ADJ
cblr-8638	210	22	insider	insider	NOUN
cblr-8638	210	23	trading	trading	NOUN
cblr-8638	210	24	law	law	NOUN
cblr-8638	210	25	does	do	AUX
cblr-8638	210	26	not	not	PART
cblr-8638	210	27	make	make	VERB
cblr-8638	210	28	markets	market	NOUN
cblr-8638	210	29	fairer	fair	ADJ
cblr-8638	210	30	.	.	PUNCT
cblr-8638	211	1	the	the	DET
cblr-8638	211	2	reddit	reddit	NOUN
cblr-8638	211	3	/	/	SYM
cblr-8638	211	4	gamestop	gamestop	NOUN
cblr-8638	211	5	/	/	SYM
cblr-8638	211	6	robinhood	robinhood	PROPN
cblr-8638	211	7	episode	episode	NOUN
cblr-8638	211	8	clearly	clearly	ADV
cblr-8638	211	9	demonstrates	demonstrate	VERB
cblr-8638	211	10	the	the	DET
cblr-8638	211	11	wall	wall	PROPN
cblr-8638	211	12	street	street	PROPN
cblr-8638	211	13	/	/	SYM
cblr-8638	211	14	main	main	ADJ
cblr-8638	211	15	street	street	NOUN
cblr-8638	211	16	divide	divide	NOUN
cblr-8638	211	17	.	.	PUNCT
cblr-8638	212	1	securities	security	NOUN
cblr-8638	212	2	law	law	NOUN
cblr-8638	212	3	not	not	PART
cblr-8638	212	4	only	only	ADV
cblr-8638	212	5	protects	protect	VERB
cblr-8638	212	6	wall	wall	PROPN
cblr-8638	212	7	street	street	PROPN
cblr-8638	212	8	market	market	NOUN
cblr-8638	212	9	professionals	professional	NOUN
cblr-8638	212	10	from	from	ADP
cblr-8638	212	11	competition	competition	NOUN
cblr-8638	212	12	from	from	ADP
cblr-8638	212	13	insiders	insider	NOUN
cblr-8638	212	14	;	;	PUNCT
cblr-8638	212	15	it	it	PRON
cblr-8638	212	16	also	also	ADV
cblr-8638	212	17	protects	protect	VERB
cblr-8638	212	18	them	they	PRON
cblr-8638	212	19	from	from	ADP
cblr-8638	212	20	competition	competition	NOUN
cblr-8638	212	21	from	from	ADP
cblr-8638	212	22	ordinary	ordinary	ADJ
cblr-8638	212	23	retail	retail	ADJ
cblr-8638	212	24	investors	investor	NOUN
cblr-8638	212	25	.	.	PUNCT
cblr-8638	213	1	these	these	DET
cblr-8638	213	2	ordinary	ordinary	ADJ
cblr-8638	213	3	investors	investor	NOUN
cblr-8638	213	4	risk	risk	VERB
cblr-8638	213	5	being	be	AUX
cblr-8638	213	6	charged	charge	VERB
cblr-8638	213	7	with	with	ADP
cblr-8638	213	8	illegal	illegal	ADJ
cblr-8638	213	9	share	share	NOUN
cblr-8638	213	10	price	price	NOUN
cblr-8638	213	11	manipulation	manipulation	NOUN
cblr-8638	213	12	when	when	SCONJ
cblr-8638	213	13	they	they	PRON
cblr-8638	213	14	attempt	attempt	VERB
cblr-8638	213	15	to	to	PART
cblr-8638	213	16	galvanize	galvanize	VERB
cblr-8638	213	17	themselves	themselves	PRON
cblr-8638	213	18	into	into	ADP
cblr-8638	213	19	an	an	DET
cblr-8638	213	20	effective	effective	ADJ
cblr-8638	213	21	trading	trading	NOUN
cblr-8638	213	22	coalition	coalition	NOUN
cblr-8638	213	23	to	to	PART
cblr-8638	213	24	take	take	VERB
cblr-8638	213	25	on	on	ADP
cblr-8638	213	26	the	the	DET
cblr-8638	213	27	wall	wall	PROPN
cblr-8638	213	28	street	street	PROPN
cblr-8638	213	29	professionals	professional	NOUN
cblr-8638	213	30	.	.	PUNCT
cblr-8638	214	1	the	the	DET
cblr-8638	214	2	wall	wall	PROPN
cblr-8638	214	3	street	street	PROPN
cblr-8638	214	4	professionals	professional	NOUN
cblr-8638	214	5	,	,	PUNCT
cblr-8638	214	6	however	however	ADV
cblr-8638	214	7	,	,	PUNCT
cblr-8638	214	8	face	face	VERB
cblr-8638	214	9	no	no	DET
cblr-8638	214	10	consequences	consequence	NOUN
cblr-8638	214	11	for	for	ADP
cblr-8638	214	12	encouraging	encourage	VERB
cblr-8638	214	13	and	and	CCONJ
cblr-8638	214	14	engaging	engage	VERB
cblr-8638	214	15	in	in	ADP
cblr-8638	214	16	such	such	ADJ
cblr-8638	214	17	herd	herd	NOUN
cblr-8638	214	18	behavior	behavior	NOUN
cblr-8638	214	19	.	.	PUNCT
cblr-8638	215	1	interestingly	interestingly	ADV
cblr-8638	215	2	,	,	PUNCT
cblr-8638	215	3	while	while	SCONJ
cblr-8638	215	4	wall	wall	PROPN
cblr-8638	215	5	street	street	PROPN
cblr-8638	215	6	elites	elite	NOUN
cblr-8638	215	7	pretend	pretend	VERB
cblr-8638	215	8	that	that	SCONJ
cblr-8638	215	9	trading	trading	NOUN
cblr-8638	215	10	markets	market	NOUN
cblr-8638	215	11	are	be	AUX
cblr-8638	215	12	fair	fair	ADJ
cblr-8638	215	13	,	,	PUNCT
cblr-8638	215	14	it	it	PRON
cblr-8638	215	15	appears	appear	VERB
cblr-8638	215	16	that	that	SCONJ
cblr-8638	215	17	the	the	DET
cblr-8638	215	18	ordinary	ordinary	ADJ
cblr-8638	215	19	traders	trader	NOUN
cblr-8638	215	20	on	on	ADP
cblr-8638	215	21	main	main	ADJ
cblr-8638	215	22	street	street	NOUN
cblr-8638	215	23	understand	understand	VERB
cblr-8638	215	24	that	that	SCONJ
cblr-8638	215	25	the	the	DET
cblr-8638	215	26	capital	capital	NOUN
cblr-8638	215	27	markets	market	NOUN
cblr-8638	215	28	are	be	AUX
cblr-8638	215	29	anything	anything	PRON
cblr-8638	215	30	but	but	SCONJ
cblr-8638	215	31	fair.47	fair.47	NOUN
cblr-8638	215	32	the	the	DET
cblr-8638	215	33	contrast	contrast	NOUN
cblr-8638	215	34	between	between	ADP
cblr-8638	215	35	how	how	SCONJ
cblr-8638	215	36	reddit	reddit	NOUN
cblr-8638	215	37	investor	investor	NOUN
cblr-8638	215	38	-	-	PUNCT
cblr-8638	215	39	users	user	NOUN
cblr-8638	215	40	and	and	CCONJ
cblr-8638	215	41	wall	wall	PROPN
cblr-8638	215	42	street	street	PROPN
cblr-8638	215	43	elites	elite	NOUN
cblr-8638	215	44	view	view	VERB
cblr-8638	215	45	the	the	DET
cblr-8638	215	46	regulatory	regulatory	ADJ
cblr-8638	215	47	landscape	landscape	NOUN
cblr-8638	215	48	is	be	AUX
cblr-8638	215	49	stark	stark	ADJ
cblr-8638	215	50	and	and	CCONJ
cblr-8638	215	51	worthy	worthy	ADJ
cblr-8638	215	52	of	of	ADP
cblr-8638	215	53	close	close	ADJ
cblr-8638	215	54	attention	attention	NOUN
cblr-8638	215	55	by	by	ADP
cblr-8638	215	56	any	any	DET
cblr-8638	215	57	student	student	NOUN
cblr-8638	215	58	of	of	ADP
cblr-8638	215	59	capital	capital	NOUN
cblr-8638	215	60	markets	market	NOUN
cblr-8638	215	61	.	.	PUNCT
cblr-8638	216	1	of	of	ADP
cblr-8638	216	2	particular	particular	ADJ
cblr-8638	216	3	interest	interest	NOUN
cblr-8638	216	4	is	be	AUX
cblr-8638	216	5	the	the	DET
cblr-8638	216	6	fact	fact	NOUN
cblr-8638	216	7	that	that	SCONJ
cblr-8638	216	8	the	the	DET
cblr-8638	216	9	gamestop	gamestop	ADJ
cblr-8638	216	10	short	short	ADJ
cblr-8638	216	11	sellers	seller	NOUN
cblr-8638	216	12	expect	expect	VERB
cblr-8638	216	13	retribution	retribution	NOUN
cblr-8638	216	14	from	from	ADP
cblr-8638	216	15	the	the	DET
cblr-8638	216	16	sec	sec	PROPN
cblr-8638	216	17	:	:	PUNCT
cblr-8638	216	18	45	45	NUM
cblr-8638	216	19	i	i	PROPN
cblr-8638	216	20	d.	d.	PROPN
cblr-8638	216	21	46	46	NUM
cblr-8638	216	22	see	see	VERB
cblr-8638	216	23	,	,	PUNCT
cblr-8638	216	24	e.g.	e.g.	ADV
cblr-8638	216	25	,	,	PUNCT
cblr-8638	216	26	jonathan	jonathan	PROPN
cblr-8638	216	27	r.	r.	PROPN
cblr-8638	216	28	macey	macey	PROPN
cblr-8638	216	29	,	,	PUNCT
cblr-8638	216	30	beyond	beyond	ADP
cblr-8638	216	31	the	the	DET
cblr-8638	216	32	personal	personal	ADJ
cblr-8638	216	33	benefit	benefit	NOUN
cblr-8638	216	34	test	test	NOUN
cblr-8638	216	35	:	:	PUNCT
cblr-8638	216	36	the	the	DET
cblr-8638	216	37	economics	economic	NOUN
cblr-8638	216	38	of	of	ADP
cblr-8638	216	39	tipping	tipping	NOUN
cblr-8638	216	40	by	by	ADP
cblr-8638	216	41	insiders	insider	NOUN
cblr-8638	216	42	,	,	PUNCT
cblr-8638	216	43	2	2	NUM
cblr-8638	216	44	u.	u.	PROPN
cblr-8638	216	45	pa	pa	PROPN
cblr-8638	216	46	.	.	PUNCT
cblr-8638	217	1	j.l	j.l	PROPN
cblr-8638	217	2	.	.	PROPN
cblr-8638	217	3	&	&	CCONJ
cblr-8638	217	4	pub	pub	PROPN
cblr-8638	217	5	.	.	PUNCT
cblr-8638	218	1	affs	aff	NOUN
cblr-8638	218	2	.	.	PUNCT
cblr-8638	219	1	25	25	NUM
cblr-8638	219	2	,	,	PUNCT
cblr-8638	219	3	34	34	NUM
cblr-8638	219	4	(	(	PUNCT
cblr-8638	219	5	2017	2017	NUM
cblr-8638	219	6	)	)	PUNCT
cblr-8638	219	7	(	(	PUNCT
cblr-8638	219	8	discussing	discuss	VERB
cblr-8638	219	9	some	some	DET
cblr-8638	219	10	efficiency	efficiency	NOUN
cblr-8638	219	11	issues	issue	NOUN
cblr-8638	219	12	raised	raise	VERB
cblr-8638	219	13	by	by	ADP
cblr-8638	219	14	insider	insider	NOUN
cblr-8638	219	15	trading	trading	NOUN
cblr-8638	219	16	)	)	PUNCT
cblr-8638	219	17	;	;	PUNCT
cblr-8638	219	18	jonathan	jonathan	PROPN
cblr-8638	219	19	macey	macey	PROPN
cblr-8638	219	20	,	,	PUNCT
cblr-8638	219	21	martoma	martoma	PROPN
cblr-8638	219	22	and	and	CCONJ
cblr-8638	219	23	newman	newman	PROPN
cblr-8638	219	24	:	:	PUNCT
cblr-8638	219	25	valid	valid	ADJ
cblr-8638	219	26	corporate	corporate	ADJ
cblr-8638	219	27	purpose	purpose	NOUN
cblr-8638	219	28	and	and	CCONJ
cblr-8638	219	29	the	the	DET
cblr-8638	219	30	personal	personal	ADJ
cblr-8638	219	31	benefit	benefit	NOUN
cblr-8638	219	32	test	test	NOUN
cblr-8638	219	33	,	,	PUNCT
cblr-8638	219	34	71	71	NUM
cblr-8638	219	35	smu	smu	PROPN
cblr-8638	219	36	l.	l.	PROPN
cblr-8638	219	37	rev	rev	PROPN
cblr-8638	219	38	.	.	PROPN
cblr-8638	219	39	869	869	NUM
cblr-8638	219	40	,	,	PUNCT
cblr-8638	219	41	873	873	NUM
cblr-8638	219	42	(	(	PUNCT
cblr-8638	219	43	2018	2018	NUM
cblr-8638	219	44	)	)	PUNCT
cblr-8638	219	45	(	(	PUNCT
cblr-8638	219	46	discussing	discuss	VERB
cblr-8638	219	47	property	property	NOUN
cblr-8638	219	48	rights	right	NOUN
cblr-8638	219	49	and	and	CCONJ
cblr-8638	219	50	insider	insider	NOUN
cblr-8638	219	51	trading	trading	NOUN
cblr-8638	219	52	)	)	PUNCT
cblr-8638	219	53	.	.	PUNCT
cblr-8638	220	1	47	47	NUM
cblr-8638	220	2	see	see	VERB
cblr-8638	220	3	supra	supra	PROPN
cblr-8638	220	4	part	part	PROPN
cblr-8638	220	5	i.	i.	PROPN
cblr-8638	220	6	macey	macey	PROPN
cblr-8638	220	7	8/22/2021	8/22/2021	NUM
cblr-8638	220	8	3:47	3:47	NUM
cblr-8638	220	9	pm	pm	NOUN
cblr-8638	220	10	810	810	NUM
cblr-8638	220	11	columbia	columbia	PROPN
cblr-8638	220	12	business	business	NOUN
cblr-8638	220	13	law	law	PROPN
cblr-8638	220	14	review	review	NOUN
cblr-8638	220	15	[	[	X
cblr-8638	220	16	vol	vol	NOUN
cblr-8638	220	17	.	.	PUNCT
cblr-8638	220	18	2021	2021	NUM
cblr-8638	220	19	if	if	SCONJ
cblr-8638	220	20	we	we	PRON
cblr-8638	220	21	all	all	PRON
cblr-8638	220	22	come	come	VERB
cblr-8638	220	23	up	up	ADP
cblr-8638	220	24	with	with	ADP
cblr-8638	220	25	a	a	DET
cblr-8638	220	26	dollar	dollar	NOUN
cblr-8638	220	27	or	or	CCONJ
cblr-8638	220	28	two	two	NUM
cblr-8638	220	29	,	,	PUNCT
cblr-8638	220	30	we	we	PRON
cblr-8638	220	31	could	could	AUX
cblr-8638	220	32	get	get	VERB
cblr-8638	220	33	the	the	DET
cblr-8638	220	34	best	good	ADJ
cblr-8638	220	35	securities	security	NOUN
cblr-8638	220	36	lawyers	lawyer	NOUN
cblr-8638	220	37	on	on	ADP
cblr-8638	220	38	retainer	retainer	NOUN
cblr-8638	220	39	for	for	ADP
cblr-8638	220	40	a	a	DET
cblr-8638	220	41	class	class	NOUN
cblr-8638	220	42	action	action	NOUN
cblr-8638	220	43	if	if	SCONJ
cblr-8638	220	44	the	the	DET
cblr-8638	220	45	sec	sec	PROPN
cblr-8638	220	46	pulls	pull	VERB
cblr-8638	220	47	shenanigans	shenanigan	NOUN
cblr-8638	220	48	[	[	X
cblr-8638	220	49	.	.	PUNCT
cblr-8638	220	50	]	]	PUNCT
cblr-8638	220	51	.	.	PUNCT
cblr-8638	220	52	.	.	PUNCT
cblr-8638	220	53	.	.	PUNCT
cblr-8638	220	54	.	.	PUNCT
cblr-8638	221	1	should	should	AUX
cblr-8638	221	2	the	the	DET
cblr-8638	221	3	sec	sec	PROPN
cblr-8638	221	4	illegally	illegally	ADV
cblr-8638	221	5	or	or	CCONJ
cblr-8638	221	6	unjustly	unjustly	ADV
cblr-8638	221	7	intervene	intervene	VERB
cblr-8638	221	8	on	on	ADP
cblr-8638	221	9	behalf	behalf	NOUN
cblr-8638	221	10	of	of	ADP
cblr-8638	221	11	their	their	PRON
cblr-8638	221	12	friends	friend	NOUN
cblr-8638	221	13	(	(	PUNCT
cblr-8638	221	14	who	who	PRON
cblr-8638	221	15	so	so	ADV
cblr-8638	221	16	often	often	ADV
cblr-8638	221	17	reward	reward	VERB
cblr-8638	221	18	government	government	NOUN
cblr-8638	221	19	poodle	poodle	NOUN
cblr-8638	221	20	regulators	regulator	NOUN
cblr-8638	221	21	with	with	ADP
cblr-8638	221	22	lucrative	lucrative	ADJ
cblr-8638	221	23	jobs	job	NOUN
cblr-8638	221	24	after	after	ADP
cblr-8638	221	25	leaving	leave	VERB
cblr-8638	221	26	civil	civil	ADJ
cblr-8638	221	27	service	service	NOUN
cblr-8638	221	28	)	)	PUNCT
cblr-8638	221	29	,	,	PUNCT
cblr-8638	221	30	we	we	PRON
cblr-8638	221	31	will	will	AUX
cblr-8638	221	32	need	need	VERB
cblr-8638	221	33	to	to	PART
cblr-8638	221	34	find	find	VERB
cblr-8638	221	35	a	a	DET
cblr-8638	221	36	large	large	ADJ
cblr-8638	221	37	law	law	NOUN
cblr-8638	221	38	firm	firm	NOUN
cblr-8638	221	39	that	that	PRON
cblr-8638	221	40	specializes	specialize	VERB
cblr-8638	221	41	in	in	ADP
cblr-8638	221	42	securities	security	NOUN
cblr-8638	221	43	and	and	CCONJ
cblr-8638	221	44	class	class	NOUN
cblr-8638	221	45	actions	action	NOUN
cblr-8638	221	46	and	and	CCONJ
cblr-8638	221	47	is	be	AUX
cblr-8638	221	48	willing	willing	ADJ
cblr-8638	221	49	to	to	PART
cblr-8638	221	50	setup	setup	VERB
cblr-8638	221	51	a	a	DET
cblr-8638	221	52	trust	trust	NOUN
cblr-8638	221	53	account	account	NOUN
cblr-8638	221	54	where	where	SCONJ
cblr-8638	221	55	you	you	PRON
cblr-8638	221	56	give	give	VERB
cblr-8638	221	57	your	your	PRON
cblr-8638	221	58	name	name	NOUN
cblr-8638	221	59	,	,	PUNCT
cblr-8638	221	60	nominal	nominal	ADJ
cblr-8638	221	61	retainer	retainer	NOUN
cblr-8638	221	62	fee	fee	NOUN
cblr-8638	221	63	,	,	PUNCT
cblr-8638	221	64	and	and	CCONJ
cblr-8638	221	65	proof	proof	NOUN
cblr-8638	221	66	that	that	SCONJ
cblr-8638	221	67	you	you	PRON
cblr-8638	221	68	owned	own	VERB
cblr-8638	221	69	$	$	SYM
cblr-8638	221	70	gme	gme	NOUN
cblr-8638	221	71	to	to	PART
cblr-8638	221	72	establish	establish	VERB
cblr-8638	221	73	standing	stand	VERB
cblr-8638	221	74	in	in	ADP
cblr-8638	221	75	a	a	DET
cblr-8638	221	76	suit.48	suit.48	NOUN
cblr-8638	221	77	and	and	CCONJ
cblr-8638	221	78	there	there	PRON
cblr-8638	221	79	is	be	VERB
cblr-8638	221	80	justifiable	justifiable	ADJ
cblr-8638	221	81	cause	cause	NOUN
cblr-8638	221	82	for	for	ADP
cblr-8638	221	83	alarm	alarm	NOUN
cblr-8638	221	84	.	.	PUNCT
cblr-8638	222	1	while	while	SCONJ
cblr-8638	222	2	institutional	institutional	ADJ
cblr-8638	222	3	short	short	ADJ
cblr-8638	222	4	sellers	seller	NOUN
cblr-8638	222	5	like	like	ADP
cblr-8638	222	6	citron	citron	NOUN
cblr-8638	222	7	have	have	AUX
cblr-8638	222	8	long	long	ADV
cblr-8638	222	9	publicized	publicize	VERB
cblr-8638	222	10	their	their	PRON
cblr-8638	222	11	trading	trading	NOUN
cblr-8638	222	12	plans	plan	NOUN
cblr-8638	222	13	and	and	CCONJ
cblr-8638	222	14	their	their	PRON
cblr-8638	222	15	investment	investment	NOUN
cblr-8638	222	16	theories	theory	NOUN
cblr-8638	222	17	,	,	PUNCT
cblr-8638	222	18	main	main	ADJ
cblr-8638	222	19	street	street	NOUN
cblr-8638	222	20	investors	investor	NOUN
cblr-8638	222	21	who	who	PRON
cblr-8638	222	22	have	have	AUX
cblr-8638	222	23	done	do	VERB
cblr-8638	222	24	the	the	DET
cblr-8638	222	25	same	same	ADJ
cblr-8638	222	26	thing	thing	NOUN
cblr-8638	222	27	,	,	PUNCT
cblr-8638	222	28	even	even	ADV
cblr-8638	222	29	on	on	ADP
cblr-8638	222	30	a	a	DET
cblr-8638	222	31	vastly	vastly	ADV
cblr-8638	222	32	smaller	small	ADJ
cblr-8638	222	33	scale	scale	NOUN
cblr-8638	222	34	,	,	PUNCT
cblr-8638	222	35	have	have	AUX
cblr-8638	222	36	found	find	VERB
cblr-8638	222	37	themselves	themselves	PRON
cblr-8638	222	38	in	in	ADP
cblr-8638	222	39	the	the	DET
cblr-8638	222	40	sec	sec	PROPN
cblr-8638	222	41	’s	’s	PART
cblr-8638	222	42	crosshairs	crosshair	NOUN
cblr-8638	222	43	.	.	PUNCT
cblr-8638	223	1	this	this	DET
cblr-8638	223	2	time	time	NOUN
cblr-8638	223	3	,	,	PUNCT
cblr-8638	223	4	the	the	DET
cblr-8638	223	5	securities	security	NOUN
cblr-8638	223	6	regulators	regulator	NOUN
cblr-8638	223	7	appear	appear	VERB
cblr-8638	223	8	to	to	PART
cblr-8638	223	9	be	be	AUX
cblr-8638	223	10	readying	ready	VERB
cblr-8638	223	11	to	to	PART
cblr-8638	223	12	pursue	pursue	VERB
cblr-8638	223	13	those	those	PRON
cblr-8638	223	14	posting	post	VERB
cblr-8638	223	15	on	on	ADP
cblr-8638	223	16	reddit.49	reddit.49	NOUN
cblr-8638	223	17	when	when	SCONJ
cblr-8638	223	18	analyzing	analyze	VERB
cblr-8638	223	19	the	the	DET
cblr-8638	223	20	gamestop	gamestop	NOUN
cblr-8638	223	21	saga	saga	NOUN
cblr-8638	223	22	,	,	PUNCT
cblr-8638	223	23	we	we	PRON
cblr-8638	223	24	must	must	AUX
cblr-8638	223	25	understand	understand	VERB
cblr-8638	223	26	that	that	SCONJ
cblr-8638	223	27	investors	investor	NOUN
cblr-8638	223	28	,	,	PUNCT
cblr-8638	223	29	particularly	particularly	ADV
cblr-8638	223	30	hedge	hedge	ADJ
cblr-8638	223	31	funds	fund	NOUN
cblr-8638	223	32	,	,	PUNCT
cblr-8638	223	33	have	have	AUX
cblr-8638	223	34	often	often	ADV
cblr-8638	223	35	strategically	strategically	ADV
cblr-8638	223	36	used	use	VERB
cblr-8638	223	37	herd	herd	NOUN
cblr-8638	223	38	behavior	behavior	NOUN
cblr-8638	223	39	to	to	PART
cblr-8638	223	40	affect	affect	VERB
cblr-8638	223	41	equity	equity	NOUN
cblr-8638	223	42	pricing	pricing	NOUN
cblr-8638	223	43	.	.	PUNCT
cblr-8638	224	1	famed	fame	VERB
cblr-8638	224	2	short	short	ADJ
cblr-8638	224	3	seller	seller	NOUN
cblr-8638	224	4	andrew	andrew	PROPN
cblr-8638	224	5	left	left	PROPN
cblr-8638	224	6	of	of	ADP
cblr-8638	224	7	citron	citron	NOUN
cblr-8638	224	8	research	research	NOUN
cblr-8638	224	9	pioneered	pioneer	VERB
cblr-8638	224	10	the	the	DET
cblr-8638	224	11	practice	practice	NOUN
cblr-8638	224	12	of	of	ADP
cblr-8638	224	13	publicizing	publicize	VERB
cblr-8638	224	14	his	his	PRON
cblr-8638	224	15	“	"	PUNCT
cblr-8638	224	16	research	research	NOUN
cblr-8638	224	17	”	"	PUNCT
cblr-8638	224	18	and	and	CCONJ
cblr-8638	224	19	his	his	PRON
cblr-8638	224	20	strategies	strategy	NOUN
cblr-8638	224	21	in	in	ADP
cblr-8638	224	22	research	research	NOUN
cblr-8638	224	23	reports	report	NOUN
cblr-8638	224	24	,	,	PUNCT
cblr-8638	224	25	known	know	VERB
cblr-8638	224	26	as	as	ADP
cblr-8638	224	27	“	"	PUNCT
cblr-8638	224	28	short	short	ADJ
cblr-8638	224	29	reports	report	NOUN
cblr-8638	224	30	.	.	PUNCT
cblr-8638	225	1	”50	”50	PROPN
cblr-8638	225	2	mr	mr	PROPN
cblr-8638	225	3	.	.	PROPN
cblr-8638	225	4	left	left	PROPN
cblr-8638	225	5	’s	’s	PART
cblr-8638	225	6	research	research	NOUN
cblr-8638	225	7	reports	report	NOUN
cblr-8638	225	8	“	"	PUNCT
cblr-8638	225	9	encouraged	encourage	VERB
cblr-8638	225	10	others	other	NOUN
cblr-8638	225	11	to	to	PART
cblr-8638	225	12	follow	follow	VERB
cblr-8638	225	13	his	his	PRON
cblr-8638	225	14	lead	lead	NOUN
cblr-8638	225	15	”	"	PUNCT
cblr-8638	225	16	with	with	ADP
cblr-8638	225	17	mr	mr	PROPN
cblr-8638	225	18	.	.	PROPN
cblr-8638	225	19	left	left	PROPN
cblr-8638	225	20	’s	’s	PART
cblr-8638	225	21	company	company	NOUN
cblr-8638	225	22	“	"	PUNCT
cblr-8638	225	23	profiting	profit	VERB
cblr-8638	225	24	when	when	SCONJ
cblr-8638	225	25	they	they	PRON
cblr-8638	225	26	d[id].”51	d[id].”51	VERB
cblr-8638	225	27	48	48	NUM
cblr-8638	225	28	see	see	VERB
cblr-8638	225	29	u	u	NOUN
cblr-8638	225	30	/	/	SYM
cblr-8638	225	31	nysrpatakemyenergy2	nysrpatakemyenergy2	PROPN
cblr-8638	225	32	,	,	PUNCT
cblr-8638	225	33	supra	supra	PROPN
cblr-8638	225	34	note	note	PROPN
cblr-8638	225	35	17	17	NUM
cblr-8638	225	36	.	.	NOUN
cblr-8638	225	37	49	49	NUM
cblr-8638	225	38	see	see	VERB
cblr-8638	225	39	infra	infra	NOUN
cblr-8638	225	40	section	section	NOUN
cblr-8638	225	41	ii.a.1	ii.a.1	NOUN
cblr-8638	225	42	.	.	PUNCT
cblr-8638	226	1	50	50	NUM
cblr-8638	226	2	see	see	VERB
cblr-8638	226	3	matthew	matthew	PROPN
cblr-8638	226	4	fox	fox	PROPN
cblr-8638	226	5	,	,	PUNCT
cblr-8638	226	6	citron	citron	NOUN
cblr-8638	226	7	research	research	NOUN
cblr-8638	226	8	says	say	VERB
cblr-8638	226	9	it	it	PRON
cblr-8638	226	10	will	will	AUX
cblr-8638	226	11	stop	stop	VERB
cblr-8638	226	12	publishing	publish	VERB
cblr-8638	226	13	short	short	ADJ
cblr-8638	226	14	-	-	PUNCT
cblr-8638	226	15	seller	seller	NOUN
cblr-8638	226	16	research	research	NOUN
cblr-8638	226	17	after	after	ADP
cblr-8638	226	18	the	the	DET
cblr-8638	226	19	gamestop	gamestop	NOUN
cblr-8638	226	20	squeeze	squeeze	NOUN
cblr-8638	226	21	,	,	PUNCT
cblr-8638	226	22	bus	bus	NOUN
cblr-8638	226	23	.	.	PUNCT
cblr-8638	227	1	insider	insider	NOUN
cblr-8638	227	2	:	:	PUNCT
cblr-8638	227	3	mkts	mkts	NOUN
cblr-8638	227	4	.	.	PUNCT
cblr-8638	228	1	insider	insider	NOUN
cblr-8638	228	2	(	(	PUNCT
cblr-8638	228	3	jan	jan	PROPN
cblr-8638	228	4	.	.	PROPN
cblr-8638	228	5	29	29	NUM
cblr-8638	228	6	,	,	PUNCT
cblr-8638	228	7	2021	2021	NUM
cblr-8638	228	8	,	,	PUNCT
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cblr-8638	228	10	pm	pm	NOUN
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cblr-8638	230	1	51	51	NUM
cblr-8638	230	2	thomson	thomson	NOUN
cblr-8638	230	3	reuters	reuter	NOUN
cblr-8638	230	4	,	,	PUNCT
cblr-8638	230	5	citron	citron	NOUN
cblr-8638	230	6	to	to	PART
cblr-8638	230	7	stop	stop	VERB
cblr-8638	230	8	publishing	publish	VERB
cblr-8638	230	9	short	short	ADJ
cblr-8638	230	10	-	-	PUNCT
cblr-8638	230	11	selling	sell	VERB
cblr-8638	230	12	research	research	NOUN
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cblr-8638	231	9	,	,	PUNCT
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cblr-8638	231	11	[	[	X
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cblr-8638	231	14	.	.	PUNCT
cblr-8638	232	1	macey	macey	PROPN
cblr-8638	232	2	8/22/2021	8/22/2021	NUM
cblr-8638	232	3	3:47	3:47	NUM
cblr-8638	232	4	pm	pm	NOUN
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cblr-8638	233	6	class	class	NOUN
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cblr-8638	233	8	811	811	NUM
cblr-8638	233	9	the	the	DET
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cblr-8638	233	13	only	only	ADV
cblr-8638	233	14	the	the	DET
cblr-8638	233	15	publication	publication	NOUN
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cblr-8638	233	18	,	,	PUNCT
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cblr-8638	233	20	also	also	ADV
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cblr-8638	233	23	funds	fund	NOUN
cblr-8638	233	24	proselytizing	proselytize	VERB
cblr-8638	233	25	their	their	PRON
cblr-8638	233	26	bearish	bearish	ADJ
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cblr-8638	233	28	through	through	ADP
cblr-8638	233	29	livestream	livestream	NOUN
cblr-8638	233	30	internet	internet	NOUN
cblr-8638	233	31	broadcasts	broadcast	NOUN
cblr-8638	233	32	.	.	PUNCT
cblr-8638	234	1	for	for	ADP
cblr-8638	234	2	example	example	NOUN
cblr-8638	234	3	,	,	PUNCT
cblr-8638	234	4	in	in	ADP
cblr-8638	234	5	broadcasts	broadcast	NOUN
cblr-8638	234	6	mr	mr	PROPN
cblr-8638	234	7	.	.	PROPN
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cblr-8638	234	11	in	in	ADP
cblr-8638	234	12	gamestop	gamestop	NOUN
cblr-8638	234	13	as	as	ADP
cblr-8638	234	14	“	"	PUNCT
cblr-8638	234	15	suckers	sucker	NOUN
cblr-8638	234	16	,	,	PUNCT
cblr-8638	234	17	”	"	PUNCT
cblr-8638	234	18	provided	provide	VERB
cblr-8638	234	19	reasons	reason	NOUN
cblr-8638	234	20	why	why	SCONJ
cblr-8638	234	21	gamestop	gamestop	VERB
cblr-8638	234	22	stock	stock	NOUN
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cblr-8638	234	24	fall	fall	VERB
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cblr-8638	234	33	“	"	PUNCT
cblr-8638	234	34	[	[	X
cblr-8638	234	35	w]e	w]e	NOUN
cblr-8638	234	36	understand	understand	VERB
cblr-8638	234	37	short	short	ADJ
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cblr-8638	234	39	better	well	ADV
cblr-8638	234	40	than	than	ADP
cblr-8638	234	41	you	you	PRON
cblr-8638	234	42	and	and	CCONJ
cblr-8638	234	43	will	will	AUX
cblr-8638	234	44	explain	explain	VERB
cblr-8638	234	45	.	.	PUNCT
cblr-8638	235	1	”52	”52	NOUN
cblr-8638	235	2	citron	citron	NOUN
cblr-8638	235	3	also	also	ADV
cblr-8638	235	4	engages	engage	VERB
cblr-8638	235	5	in	in	ADP
cblr-8638	235	6	a	a	DET
cblr-8638	235	7	practice	practice	NOUN
cblr-8638	235	8	of	of	ADP
cblr-8638	235	9	encouraging	encourage	VERB
cblr-8638	235	10	regulators	regulator	NOUN
cblr-8638	235	11	to	to	PART
cblr-8638	235	12	launch	launch	VERB
cblr-8638	235	13	investigations	investigation	NOUN
cblr-8638	235	14	into	into	ADP
cblr-8638	235	15	companies	company	NOUN
cblr-8638	235	16	it	it	PRON
cblr-8638	235	17	is	be	AUX
cblr-8638	235	18	betting	bet	VERB
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cblr-8638	235	27	to	to	ADP
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cblr-8638	235	29	share	share	NOUN
cblr-8638	235	30	price	price	NOUN
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cblr-8638	235	32	for	for	ADP
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cblr-8638	235	35	companies54	companies54	NOUN
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cblr-8638	235	37	allowing	allow	VERB
cblr-8638	235	38	citron	citron	NOUN
cblr-8638	235	39	to	to	PART
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cblr-8638	235	41	its	its	PRON
cblr-8638	235	42	short	short	ADJ
cblr-8638	235	43	positions	position	NOUN
cblr-8638	235	44	.	.	PUNCT
cblr-8638	236	1	citron	citron	NOUN
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cblr-8638	236	9	deliberate	deliberate	ADJ
cblr-8638	236	10	yet	yet	CCONJ
cblr-8638	236	11	legal	legal	ADJ
cblr-8638	236	12	falsehoods	falsehood	NOUN
cblr-8638	236	13	made	make	VERB
cblr-8638	236	14	to	to	PART
cblr-8638	236	15	pass	pass	VERB
cblr-8638	236	16	as	as	ADP
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cblr-8638	236	18	in	in	ADP
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cblr-8638	241	9	,	,	PUNCT
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cblr-8638	242	21	,	,	PUNCT
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cblr-8638	243	26	driving	drive	VERB
cblr-8638	243	27	a	a	DET
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cblr-8638	245	8	,	,	PUNCT
cblr-8638	245	9	7:39	7:39	NUM
cblr-8638	245	10	am	am	NOUN
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cblr-8638	245	12	,	,	PUNCT
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cblr-8638	245	14	[	[	X
cblr-8638	245	15	https://perma.cc/6gyswtg9	https://perma.cc/6gyswtg9	X
cblr-8638	245	16	]	]	X
cblr-8638	245	17	.	.	PUNCT
cblr-8638	246	1	55	55	NUM
cblr-8638	246	2	mo	mo	PROPN
cblr-8638	246	3	samara	samara	PROPN
cblr-8638	246	4	,	,	PUNCT
cblr-8638	246	5	appeal	appeal	VERB
cblr-8638	246	6	to	to	ADP
cblr-8638	246	7	finra	finra	PROPN
cblr-8638	246	8	and	and	CCONJ
cblr-8638	246	9	sec	sec	PROPN
cblr-8638	246	10	enforcements	enforcement	NOUN
cblr-8638	246	11	to	to	PART
cblr-8638	246	12	investigate	investigate	VERB
cblr-8638	246	13	andrew	andrew	PROPN
cblr-8638	246	14	left	leave	VERB
cblr-8638	246	15	of	of	ADP
cblr-8638	246	16	citron	citron	NOUN
cblr-8638	246	17	research	research	NOUN
cblr-8638	246	18	,	,	PUNCT
cblr-8638	246	19	change.org	change.org	X
cblr-8638	246	20	,	,	PUNCT
cblr-8638	246	21	https://www.change.org/p/umacey	https://www.change.org/p/umacey	PROPN
cblr-8638	246	22	8/22/2021	8/22/2021	NUM
cblr-8638	246	23	3:47	3:47	NUM
cblr-8638	246	24	pm	pm	NOUN
cblr-8638	246	25	812	812	NUM
cblr-8638	246	26	columbia	columbia	PROPN
cblr-8638	246	27	business	business	NOUN
cblr-8638	246	28	law	law	PROPN
cblr-8638	246	29	review	review	NOUN
cblr-8638	246	30	[	[	X
cblr-8638	246	31	vol	vol	NOUN
cblr-8638	246	32	.	.	PUNCT
cblr-8638	246	33	2021	2021	NUM
cblr-8638	246	34	damning	damn	VERB
cblr-8638	246	35	in	in	ADP
cblr-8638	246	36	tone	tone	NOUN
cblr-8638	246	37	,	,	PUNCT
cblr-8638	246	38	armed	arm	VERB
cblr-8638	246	39	with	with	ADP
cblr-8638	246	40	a	a	DET
cblr-8638	246	41	provocative	provocative	ADJ
cblr-8638	246	42	headline	headline	NOUN
cblr-8638	246	43	,	,	PUNCT
cblr-8638	246	44	and	and	CCONJ
cblr-8638	246	45	followed	follow	VERB
cblr-8638	246	46	up	up	ADP
cblr-8638	246	47	with	with	ADP
cblr-8638	246	48	a	a	DET
cblr-8638	246	49	targeted	target	VERB
cblr-8638	246	50	social	social	ADJ
cblr-8638	246	51	-	-	PUNCT
cblr-8638	246	52	media	media	NOUN
cblr-8638	246	53	push.56	push.56	NOUN
cblr-8638	246	54	it	it	PRON
cblr-8638	246	55	conducts	conduct	VERB
cblr-8638	246	56	this	this	DET
cblr-8638	246	57	price	price	NOUN
cblr-8638	246	58	manipulation	manipulation	NOUN
cblr-8638	246	59	with	with	ADP
cblr-8638	246	60	expertise	expertise	NOUN
cblr-8638	246	61	,	,	PUNCT
cblr-8638	246	62	spinning	spin	VERB
cblr-8638	246	63	existing	exist	VERB
cblr-8638	246	64	facts	fact	NOUN
cblr-8638	246	65	into	into	ADP
cblr-8638	246	66	a	a	DET
cblr-8638	246	67	horrible	horrible	ADJ
cblr-8638	246	68	scenario	scenario	NOUN
cblr-8638	246	69	that	that	PRON
cblr-8638	246	70	reads	read	VERB
cblr-8638	246	71	very	very	ADV
cblr-8638	246	72	badly	badly	ADV
cblr-8638	246	73	,	,	PUNCT
cblr-8638	246	74	in	in	ADP
cblr-8638	246	75	order	order	NOUN
cblr-8638	246	76	to	to	PART
cblr-8638	246	77	create	create	VERB
cblr-8638	246	78	market	market	NOUN
cblr-8638	246	79	panic.57	panic.57	PROPN
cblr-8638	246	80	1	1	NUM
cblr-8638	246	81	.	.	PUNCT
cblr-8638	246	82	manipulation	manipulation	NOUN
cblr-8638	246	83	on	on	ADP
cblr-8638	246	84	main	main	ADJ
cblr-8638	246	85	street	street	NOUN
cblr-8638	246	86	securities	security	NOUN
cblr-8638	246	87	regulation	regulation	NOUN
cblr-8638	246	88	is	be	AUX
cblr-8638	246	89	different	different	ADJ
cblr-8638	246	90	on	on	ADP
cblr-8638	246	91	main	main	ADJ
cblr-8638	246	92	street	street	NOUN
cblr-8638	246	93	than	than	SCONJ
cblr-8638	246	94	it	it	PRON
cblr-8638	246	95	is	be	AUX
cblr-8638	246	96	on	on	ADP
cblr-8638	246	97	wall	wall	PROPN
cblr-8638	246	98	street	street	PROPN
cblr-8638	246	99	.	.	PUNCT
cblr-8638	247	1	there	there	PRON
cblr-8638	247	2	is	be	VERB
cblr-8638	247	3	no	no	DET
cblr-8638	247	4	better	well	ADJ
cblr-8638	247	5	example	example	NOUN
cblr-8638	247	6	of	of	ADP
cblr-8638	247	7	this	this	DET
cblr-8638	247	8	disparity	disparity	NOUN
cblr-8638	247	9	than	than	ADP
cblr-8638	247	10	the	the	DET
cblr-8638	247	11	2000	2000	NUM
cblr-8638	247	12	sec	sec	PROPN
cblr-8638	247	13	enforcement	enforcement	NOUN
cblr-8638	247	14	action	action	NOUN
cblr-8638	247	15	for	for	ADP
cblr-8638	247	16	securities	security	NOUN
cblr-8638	247	17	fraud	fraud	NOUN
cblr-8638	247	18	against	against	ADP
cblr-8638	247	19	fifteen	fifteen	NUM
cblr-8638	247	20	-	-	PUNCT
cblr-8638	247	21	year	year	NOUN
cblr-8638	247	22	-	-	PUNCT
cblr-8638	247	23	old	old	ADJ
cblr-8638	247	24	high	high	ADJ
cblr-8638	247	25	-	-	PUNCT
cblr-8638	247	26	school	school	NOUN
cblr-8638	247	27	student	student	NOUN
cblr-8638	247	28	jonathan	jonathan	PROPN
cblr-8638	247	29	lebed.58	lebed.58	VERB
cblr-8638	247	30	the	the	DET
cblr-8638	247	31	sec	sec	PROPN
cblr-8638	247	32	accused	accuse	VERB
cblr-8638	247	33	mr	mr	PROPN
cblr-8638	247	34	.	.	PROPN
cblr-8638	247	35	lebed	lebed	PROPN
cblr-8638	247	36	of	of	ADP
cblr-8638	247	37	“	"	PUNCT
cblr-8638	247	38	us[ing	us[ing	NOUN
cblr-8638	247	39	]	]	PUNCT
cblr-8638	247	40	the	the	DET
cblr-8638	247	41	internet	internet	NOUN
cblr-8638	247	42	to	to	PART
cblr-8638	247	43	promote	promote	VERB
cblr-8638	247	44	stocks	stock	NOUN
cblr-8638	247	45	from	from	ADP
cblr-8638	247	46	his	his	PRON
cblr-8638	247	47	bedroom	bedroom	NOUN
cblr-8638	247	48	in	in	ADP
cblr-8638	247	49	the	the	DET
cblr-8638	247	50	northern	northern	ADJ
cblr-8638	247	51	new	new	PROPN
cblr-8638	247	52	jersey	jersey	PROPN
cblr-8638	247	53	suburb	suburb	NOUN
cblr-8638	247	54	of	of	ADP
cblr-8638	247	55	cedar	cedar	PROPN
cblr-8638	247	56	grove	grove	PROPN
cblr-8638	247	57	.	.	PUNCT
cblr-8638	248	1	”59	”59	PROPN
cblr-8638	248	2	mr	mr	PROPN
cblr-8638	248	3	.	.	PROPN
cblr-8638	248	4	lebed	lebed	PROPN
cblr-8638	248	5	was	be	AUX
cblr-8638	248	6	forced	force	VERB
cblr-8638	248	7	“	"	PUNCT
cblr-8638	248	8	to	to	PART
cblr-8638	248	9	disgorge	disgorge	VERB
cblr-8638	248	10	his	his	PRON
cblr-8638	248	11	illegal	illegal	ADJ
cblr-8638	248	12	profits	profit	NOUN
cblr-8638	248	13	of	of	ADP
cblr-8638	248	14	$	$	SYM
cblr-8638	248	15	272,826	272,826	NUM
cblr-8638	248	16	,	,	PUNCT
cblr-8638	248	17	together	together	ADV
cblr-8638	248	18	with	with	ADP
cblr-8638	248	19	prejudgment	prejudgment	ADJ
cblr-8638	248	20	interest	interest	NOUN
cblr-8638	248	21	of	of	ADP
cblr-8638	248	22	$	$	SYM
cblr-8638	248	23	12,174	12,174	NUM
cblr-8638	248	24	,	,	PUNCT
cblr-8638	248	25	for	for	ADP
cblr-8638	248	26	a	a	DET
cblr-8638	248	27	total	total	NOUN
cblr-8638	248	28	of	of	ADP
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cblr-8638	248	34	mr	mr	PROPN
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cblr-8638	248	38	illegal	illegal	ADJ
cblr-8638	248	39	market	market	NOUN
cblr-8638	248	40	manipulation	manipulation	NOUN
cblr-8638	248	41	.	.	PUNCT
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cblr-8638	249	2	,	,	PUNCT
cblr-8638	249	3	he	he	PRON
cblr-8638	249	4	was	be	AUX
cblr-8638	249	5	charged	charge	VERB
cblr-8638	249	6	with	with	ADP
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cblr-8638	249	9	multiple	multiple	ADJ
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cblr-8638	249	12	”	"	PUNCT
cblr-8638	249	13	in	in	ADP
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cblr-8638	249	15	on	on	ADP
cblr-8638	249	16	“	"	PUNCT
cblr-8638	249	17	yahoo	yahoo	PROPN
cblr-8638	249	18	finance	finance	NOUN
cblr-8638	249	19	message	message	NOUN
cblr-8638	249	20	boards	board	NOUN
cblr-8638	249	21	s	s	NOUN
cblr-8638	249	22	-	-	PUNCT
cblr-8638	249	23	securities	security	NOUN
cblr-8638	249	24	-	-	PUNCT
cblr-8638	249	25	and	and	CCONJ
cblr-8638	249	26	-	-	PUNCT
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cblr-8638	249	28	-	-	PUNCT
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cblr-8638	249	30	-	-	PUNCT
cblr-8638	249	31	sec	sec	PROPN
cblr-8638	249	32	-	-	PUNCT
cblr-8638	249	33	enforcement	enforcement	NOUN
cblr-8638	249	34	-	-	PUNCT
cblr-8638	249	35	to	to	PART
cblr-8638	249	36	-	-	PUNCT
cblr-8638	249	37	investigate	investigate	VERB
cblr-8638	249	38	-	-	PUNCT
cblr-8638	249	39	andrew	andrew	NOUN
cblr-8638	249	40	-	-	PUNCT
cblr-8638	249	41	left	leave	VERB
cblr-8638	249	42	-	-	PUNCT
cblr-8638	249	43	of	of	ADP
cblr-8638	249	44	-	-	PUNCT
cblr-8638	249	45	citron	citron	NOUN
cblr-8638	249	46	-	-	PUNCT
cblr-8638	249	47	research?original_footer_petition_id=7946693&algorithm	research?original_footer_petition_id=7946693&algorithm	NOUN
cblr-8638	249	48	=	=	ADJ
cblr-8638	249	49	promoted&source_location	promoted&source_location	NOUN
cblr-8638	249	50	=	=	SYM
cblr-8638	249	51	petition_footer&grid_position=3&pt	petition_footer&grid_position=3&pt	PROPN
cblr-8638	249	52	=	=	SYM
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cblr-8638	249	54	w%3d%3d	w%3d%3d	NOUN
cblr-8638	250	1	[	[	X
cblr-8638	250	2	https://perma.cc/2xpx-zp2d	https://perma.cc/2xpx-zp2d	X
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cblr-8638	250	4	(	(	PUNCT
cblr-8638	250	5	last	last	ADV
cblr-8638	250	6	visited	visit	VERB
cblr-8638	250	7	mar	mar	PROPN
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cblr-8638	251	3	,	,	PUNCT
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cblr-8638	251	5	,	,	PUNCT
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cblr-8638	253	45	ways	way	NOUN
cblr-8638	253	46	to	to	PART
cblr-8638	253	47	confront	confront	VERB
cblr-8638	253	48	the	the	DET
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cblr-8638	253	51	sec	sec	PROPN
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cblr-8638	254	6	,	,	PUNCT
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cblr-8638	256	6	charges	charge	NOUN
cblr-8638	256	7	in	in	ADP
cblr-8638	256	8	internet	internet	NOUN
cblr-8638	256	9	manipulation	manipulation	NOUN
cblr-8638	256	10	scheme	scheme	NOUN
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cblr-8638	256	13	calls	call	VERB
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cblr-8638	256	28	)	)	PUNCT
cblr-8638	256	29	,	,	PUNCT
cblr-8638	256	30	https://www.sec.gov/news/press/2000-135.txt	https://www.sec.gov/news/press/2000-135.txt	PROPN
cblr-8638	256	31	[	[	X
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cblr-8638	256	34	.	.	PUNCT
cblr-8638	257	1	59	59	NUM
cblr-8638	257	2	michael	michael	PROPN
cblr-8638	257	3	lewis	lewis	PROPN
cblr-8638	257	4	,	,	PUNCT
cblr-8638	257	5	jonathan	jonathan	PROPN
cblr-8638	257	6	lebed	lebed	PROPN
cblr-8638	257	7	’s	’s	PART
cblr-8638	257	8	extracurricular	extracurricular	ADJ
cblr-8638	257	9	activities	activity	NOUN
cblr-8638	257	10	,	,	PUNCT
cblr-8638	257	11	n.y	n.y	PROPN
cblr-8638	257	12	.	.	PROPN
cblr-8638	257	13	times	times	PROPN
cblr-8638	257	14	(	(	PUNCT
cblr-8638	257	15	feb	feb	PROPN
cblr-8638	257	16	.	.	PROPN
cblr-8638	257	17	25	25	NUM
cblr-8638	257	18	,	,	PUNCT
cblr-8638	257	19	2001	2001	NUM
cblr-8638	257	20	)	)	PUNCT
cblr-8638	257	21	,	,	PUNCT
cblr-8638	257	22	https://www.nytimes.com/2001/02/25/magazine/jonathan-lebed-s-extracurricular-activities.html	https://www.nytimes.com/2001/02/25/magazine/jonathan-lebed-s-extracurricular-activities.html	PROPN
cblr-8638	258	1	[	[	X
cblr-8638	258	2	https://perma.cc/f8h3-b39f	https://perma.cc/f8h3-b39f	PROPN
cblr-8638	258	3	]	]	PUNCT
cblr-8638	258	4	.	.	PUNCT
cblr-8638	259	1	60	60	NUM
cblr-8638	259	2	see	see	VERB
cblr-8638	259	3	press	press	NOUN
cblr-8638	259	4	release	release	NOUN
cblr-8638	259	5	,	,	PUNCT
cblr-8638	259	6	u.s	u.s	PROPN
cblr-8638	259	7	.	.	PROPN
cblr-8638	259	8	sec	sec	PROPN
cblr-8638	259	9	.	.	PROPN
cblr-8638	259	10	&	&	CCONJ
cblr-8638	259	11	exch	exch	PROPN
cblr-8638	259	12	.	.	PUNCT
cblr-8638	260	1	comm’n	comm’n	PROPN
cblr-8638	260	2	,	,	PUNCT
cblr-8638	260	3	supra	supra	ADJ
cblr-8638	260	4	note	note	NOUN
cblr-8638	260	5	58	58	NUM
cblr-8638	260	6	.	.	PUNCT
cblr-8638	261	1	macey	macey	PROPN
cblr-8638	261	2	8/22/2021	8/22/2021	NUM
cblr-8638	261	3	3:47	3:47	NUM
cblr-8638	261	4	pm	pm	NOUN
cblr-8638	261	5	no	no	INTJ
cblr-8638	261	6	.	.	PUNCT
cblr-8638	262	1	2:796	2:796	NUM
cblr-8638	262	2	]	]	X
cblr-8638	262	3	securities	security	NOUN
cblr-8638	262	4	regulation	regulation	NOUN
cblr-8638	262	5	and	and	CCONJ
cblr-8638	262	6	class	class	NOUN
cblr-8638	262	7	warfare	warfare	NOUN
cblr-8638	262	8	813	813	NUM
cblr-8638	262	9	recommending	recommend	VERB
cblr-8638	262	10	[	[	X
cblr-8638	262	11	particular	particular	ADJ
cblr-8638	262	12	]	]	PUNCT
cblr-8638	262	13	stock[s	stock[	NOUN
cblr-8638	262	14	]	]	PUNCT
cblr-8638	262	15	to	to	ADP
cblr-8638	262	16	others	other	NOUN
cblr-8638	262	17	.	.	PUNCT
cblr-8638	263	1	”61	”61	VERB
cblr-8638	263	2	the	the	DET
cblr-8638	263	3	sec	sec	PROPN
cblr-8638	263	4	claimed	claim	VERB
cblr-8638	263	5	that	that	SCONJ
cblr-8638	263	6	mr	mr	PROPN
cblr-8638	263	7	.	.	PROPN
cblr-8638	263	8	lebed	lebed	PROPN
cblr-8638	263	9	’s	’s	PART
cblr-8638	263	10	postings	posting	NOUN
cblr-8638	263	11	had	have	AUX
cblr-8638	263	12	caused	cause	VERB
cblr-8638	263	13	disorder	disorder	NOUN
cblr-8638	263	14	in	in	ADP
cblr-8638	263	15	the	the	DET
cblr-8638	263	16	stock	stock	NOUN
cblr-8638	263	17	market	market	NOUN
cblr-8638	263	18	.	.	PUNCT
cblr-8638	264	1	“	"	PUNCT
cblr-8638	264	2	the	the	DET
cblr-8638	264	3	average	average	ADJ
cblr-8638	264	4	daily	daily	ADJ
cblr-8638	264	5	trading	trading	NOUN
cblr-8638	264	6	volume	volume	NOUN
cblr-8638	264	7	of	of	ADP
cblr-8638	264	8	the	the	DET
cblr-8638	264	9	small	small	ADJ
cblr-8638	264	10	companies	company	NOUN
cblr-8638	264	11	he	he	PRON
cblr-8638	264	12	dealt	deal	VERB
cblr-8638	264	13	in	in	ADP
cblr-8638	264	14	was	be	AUX
cblr-8638	264	15	about	about	ADV
cblr-8638	264	16	60,000	60,000	NUM
cblr-8638	264	17	shares	share	NOUN
cblr-8638	264	18	;	;	PUNCT
cblr-8638	264	19	[	[	X
cblr-8638	264	20	however	however	ADV
cblr-8638	264	21	,	,	PUNCT
cblr-8638	264	22	]	]	PUNCT
cblr-8638	264	23	on	on	ADP
cblr-8638	264	24	the	the	DET
cblr-8638	264	25	days	day	NOUN
cblr-8638	264	26	”	"	PUNCT
cblr-8638	264	27	when	when	SCONJ
cblr-8638	264	28	mr	mr	PROPN
cblr-8638	264	29	.	.	PROPN
cblr-8638	264	30	lebed	lebed	PROPN
cblr-8638	264	31	“	"	PUNCT
cblr-8638	264	32	posted	post	VERB
cblr-8638	264	33	his	his	PRON
cblr-8638	264	34	messages	message	NOUN
cblr-8638	264	35	,	,	PUNCT
cblr-8638	264	36	volume	volume	NOUN
cblr-8638	264	37	soared	soar	VERB
cblr-8638	264	38	to	to	ADP
cblr-8638	264	39	more	more	ADJ
cblr-8638	264	40	than	than	ADP
cblr-8638	264	41	a	a	DET
cblr-8638	264	42	million	million	NUM
cblr-8638	264	43	shares	share	NOUN
cblr-8638	264	44	.	.	PUNCT
cblr-8638	265	1	”62	”62	PROPN
cblr-8638	265	2	mr	mr	PROPN
cblr-8638	265	3	.	.	PROPN
cblr-8638	265	4	lebed	lebed	PROPN
cblr-8638	265	5	,	,	PUNCT
cblr-8638	265	6	according	accord	VERB
cblr-8638	265	7	to	to	ADP
cblr-8638	265	8	the	the	DET
cblr-8638	265	9	sec	sec	PROPN
cblr-8638	265	10	,	,	PUNCT
cblr-8638	265	11	had	have	AUX
cblr-8638	265	12	committed	commit	VERB
cblr-8638	265	13	the	the	DET
cblr-8638	265	14	sin	sin	NOUN
cblr-8638	265	15	of	of	ADP
cblr-8638	265	16	making	make	VERB
cblr-8638	265	17	money	money	NOUN
cblr-8638	265	18	as	as	ADP
cblr-8638	265	19	a	a	DET
cblr-8638	265	20	main	main	ADJ
cblr-8638	265	21	street	street	NOUN
cblr-8638	265	22	investor	investor	NOUN
cblr-8638	265	23	.	.	PUNCT
cblr-8638	266	1	between	between	ADP
cblr-8638	266	2	september	september	PROPN
cblr-8638	266	3	1999	1999	NUM
cblr-8638	266	4	and	and	CCONJ
cblr-8638	266	5	february	february	PROPN
cblr-8638	266	6	2000	2000	NUM
cblr-8638	266	7	,	,	PUNCT
cblr-8638	266	8	he	he	PRON
cblr-8638	266	9	generated	generate	VERB
cblr-8638	266	10	daily	daily	ADJ
cblr-8638	266	11	profits	profit	NOUN
cblr-8638	266	12	(	(	PUNCT
cblr-8638	266	13	on	on	ADP
cblr-8638	266	14	the	the	DET
cblr-8638	266	15	days	day	NOUN
cblr-8638	266	16	that	that	PRON
cblr-8638	266	17	he	he	PRON
cblr-8638	266	18	traded	trade	VERB
cblr-8638	266	19	)	)	PUNCT
cblr-8638	266	20	ranging	range	VERB
cblr-8638	266	21	from	from	ADP
cblr-8638	266	22	a	a	DET
cblr-8638	266	23	low	low	NOUN
cblr-8638	266	24	of	of	ADP
cblr-8638	266	25	$	$	SYM
cblr-8638	266	26	12,000	12,000	NUM
cblr-8638	266	27	to	to	ADP
cblr-8638	266	28	a	a	DET
cblr-8638	266	29	high	high	NOUN
cblr-8638	266	30	of	of	ADP
cblr-8638	266	31	$	$	SYM
cblr-8638	266	32	74,000.63	74,000.63	NUM
cblr-8638	266	33	his	his	PRON
cblr-8638	266	34	actions	action	NOUN
cblr-8638	266	35	ultimately	ultimately	ADV
cblr-8638	266	36	led	lead	VERB
cblr-8638	266	37	to	to	ADP
cblr-8638	266	38	total	total	ADJ
cblr-8638	266	39	gains	gain	NOUN
cblr-8638	266	40	of	of	ADP
cblr-8638	266	41	$	$	SYM
cblr-8638	266	42	800,000.64	800,000.64	NUM
cblr-8638	266	43	the	the	DET
cblr-8638	266	44	sec	sec	PROPN
cblr-8638	266	45	settled	settle	VERB
cblr-8638	266	46	for	for	ADP
cblr-8638	266	47	$	$	SYM
cblr-8638	266	48	285,000	285,000	NUM
cblr-8638	266	49	of	of	ADP
cblr-8638	266	50	his	his	PRON
cblr-8638	266	51	profits	profit	NOUN
cblr-8638	266	52	in	in	ADP
cblr-8638	266	53	order	order	NOUN
cblr-8638	266	54	to	to	PART
cblr-8638	266	55	avoid	avoid	VERB
cblr-8638	266	56	litigating	litigate	VERB
cblr-8638	266	57	against	against	ADP
cblr-8638	266	58	a	a	DET
cblr-8638	266	59	minor.65	minor.65	PROPN
cblr-8638	266	60	michael	michael	PROPN
cblr-8638	266	61	lewis	lewis	PROPN
cblr-8638	266	62	from	from	ADP
cblr-8638	266	63	the	the	DET
cblr-8638	266	64	new	new	PROPN
cblr-8638	266	65	york	york	PROPN
cblr-8638	266	66	times	times	PROPN
cblr-8638	266	67	contacted	contact	VERB
cblr-8638	266	68	the	the	DET
cblr-8638	266	69	sec	sec	PROPN
cblr-8638	266	70	to	to	PART
cblr-8638	266	71	ask	ask	VERB
cblr-8638	266	72	what	what	PRON
cblr-8638	266	73	lebed	lebed	NOUN
cblr-8638	266	74	had	have	AUX
cblr-8638	266	75	done	do	VERB
cblr-8638	266	76	wrong	wrong	NOUN
cblr-8638	266	77	.	.	PUNCT
cblr-8638	267	1	it	it	PRON
cblr-8638	267	2	is	be	AUX
cblr-8638	267	3	a	a	DET
cblr-8638	267	4	common	common	ADJ
cblr-8638	267	5	fact	fact	NOUN
cblr-8638	267	6	that	that	SCONJ
cblr-8638	267	7	people	people	NOUN
cblr-8638	267	8	generally	generally	ADV
cblr-8638	267	9	use	use	VERB
cblr-8638	267	10	fictitious	fictitious	ADJ
cblr-8638	267	11	names	name	NOUN
cblr-8638	267	12	on	on	ADP
cblr-8638	267	13	the	the	DET
cblr-8638	267	14	internet	internet	NOUN
cblr-8638	267	15	.	.	PUNCT
cblr-8638	268	1	furthermore	furthermore	ADV
cblr-8638	268	2	,	,	PUNCT
cblr-8638	268	3	“	"	PUNCT
cblr-8638	268	4	broadcasting	broadcast	VERB
cblr-8638	268	5	one	one	PRON
cblr-8638	268	6	’s	’s	PART
cblr-8638	268	7	private	private	ADJ
cblr-8638	268	8	opinion	opinion	NOUN
cblr-8638	268	9	of	of	ADP
cblr-8638	268	10	a	a	DET
cblr-8638	268	11	stock	stock	NOUN
cblr-8638	268	12	on	on	ADP
cblr-8638	268	13	the	the	DET
cblr-8638	268	14	internet	internet	NOUN
cblr-8638	268	15	”	"	PUNCT
cblr-8638	268	16	is	be	AUX
cblr-8638	268	17	not	not	PART
cblr-8638	268	18	a	a	DET
cblr-8638	268	19	crime.66	crime.66	NOUN
cblr-8638	269	1	so	so	ADV
cblr-8638	269	2	why	why	SCONJ
cblr-8638	269	3	did	do	AUX
cblr-8638	269	4	the	the	DET
cblr-8638	269	5	sec	sec	PROPN
cblr-8638	269	6	go	go	VERB
cblr-8638	269	7	after	after	ADP
cblr-8638	269	8	mr	mr	PROPN
cblr-8638	269	9	.	.	PROPN
cblr-8638	269	10	lebed	lebed	PROPN
cblr-8638	269	11	?	?	PUNCT
cblr-8638	270	1	lewis	lewis	PROPN
cblr-8638	270	2	did	do	AUX
cblr-8638	270	3	not	not	PART
cblr-8638	270	4	receive	receive	VERB
cblr-8638	270	5	a	a	DET
cblr-8638	270	6	response	response	NOUN
cblr-8638	270	7	beyond	beyond	ADP
cblr-8638	270	8	being	be	AUX
cblr-8638	270	9	advised	advise	VERB
cblr-8638	270	10	that	that	SCONJ
cblr-8638	270	11	the	the	DET
cblr-8638	270	12	sec	sec	PROPN
cblr-8638	270	13	thought	think	VERB
cblr-8638	270	14	young	young	ADJ
cblr-8638	270	15	mr	mr	PROPN
cblr-8638	270	16	.	.	PROPN
cblr-8638	270	17	lebed	lebed	PROPN
cblr-8638	270	18	was	be	AUX
cblr-8638	270	19	“	"	PUNCT
cblr-8638	270	20	a	a	DET
cblr-8638	270	21	little	little	ADJ
cblr-8638	270	22	jerk	jerk	NOUN
cblr-8638	270	23	.	.	PUNCT
cblr-8638	271	1	”67	”67	PROPN
cblr-8638	272	1	even	even	ADV
cblr-8638	272	2	the	the	DET
cblr-8638	272	3	most	most	ADV
cblr-8638	272	4	casual	casual	ADJ
cblr-8638	272	5	observer	observer	NOUN
cblr-8638	272	6	of	of	ADP
cblr-8638	272	7	capital	capital	NOUN
cblr-8638	272	8	market	market	NOUN
cblr-8638	272	9	regulation	regulation	NOUN
cblr-8638	272	10	can	can	AUX
cblr-8638	272	11	see	see	VERB
cblr-8638	272	12	“	"	PUNCT
cblr-8638	272	13	that	that	SCONJ
cblr-8638	272	14	in	in	ADP
cblr-8638	272	15	publicly	publicly	ADV
cblr-8638	272	16	touting	tout	VERB
cblr-8638	272	17	stocks	stock	NOUN
cblr-8638	272	18	owned	own	VERB
cblr-8638	272	19	by	by	ADP
cblr-8638	272	20	his	his	PRON
cblr-8638	272	21	friends	friend	NOUN
cblr-8638	272	22	.	.	PUNCT
cblr-8638	272	23	.	.	PUNCT
cblr-8638	272	24	.	.	PUNCT
cblr-8638	273	1	lebed	lebed	PROPN
cblr-8638	273	2	was	be	AUX
cblr-8638	273	3	doing	do	VERB
cblr-8638	273	4	nothing	nothing	PRON
cblr-8638	273	5	different	different	ADJ
cblr-8638	273	6	from	from	ADP
cblr-8638	273	7	what	what	PRON
cblr-8638	273	8	legions	legion	NOUN
cblr-8638	273	9	of	of	ADP
cblr-8638	273	10	wall	wall	PROPN
cblr-8638	273	11	street	street	PROPN
cblr-8638	273	12	analysts	analyst	NOUN
cblr-8638	273	13	did	do	AUX
cblr-8638	273	14	every	every	DET
cblr-8638	273	15	day	day	NOUN
cblr-8638	273	16	.	.	PUNCT
cblr-8638	274	1	”68	”68	PROPN
cblr-8638	275	1	yet	yet	CCONJ
cblr-8638	275	2	the	the	DET
cblr-8638	275	3	sec	sec	PROPN
cblr-8638	275	4	does	do	AUX
cblr-8638	275	5	not	not	PART
cblr-8638	275	6	conduct	conduct	VERB
cblr-8638	275	7	enforcement	enforcement	NOUN
cblr-8638	275	8	actions	action	NOUN
cblr-8638	275	9	against	against	ADP
cblr-8638	275	10	legions	legion	NOUN
cblr-8638	275	11	of	of	ADP
cblr-8638	275	12	wall	wall	PROPN
cblr-8638	275	13	street	street	PROPN
cblr-8638	275	14	analysts.69	analysts.69	PROPN
cblr-8638	275	15	unlike	unlike	ADP
cblr-8638	275	16	mr	mr	PROPN
cblr-8638	275	17	.	.	PROPN
cblr-8638	275	18	lebed	lebed	PROPN
cblr-8638	275	19	,	,	PUNCT
cblr-8638	275	20	it	it	PRON
cblr-8638	275	21	was	be	AUX
cblr-8638	275	22	wall	wall	PROPN
cblr-8638	275	23	street	street	PROPN
cblr-8638	275	24	’s	’s	PART
cblr-8638	275	25	job	job	NOUN
cblr-8638	275	26	,	,	PUNCT
cblr-8638	275	27	and	and	CCONJ
cblr-8638	275	28	dominion	dominion	NOUN
cblr-8638	275	29	,	,	PUNCT
cblr-8638	275	30	to	to	PART
cblr-8638	275	31	practice	practice	VERB
cblr-8638	275	32	that	that	DET
cblr-8638	275	33	behavior	behavior	NOUN
cblr-8638	275	34	.	.	PUNCT
cblr-8638	276	1	mr	mr	PROPN
cblr-8638	276	2	.	.	PROPN
cblr-8638	276	3	lebed	lebed	PROPN
cblr-8638	276	4	was	be	AUX
cblr-8638	276	5	a	a	DET
cblr-8638	276	6	main	main	ADJ
cblr-8638	276	7	61	61	NUM
cblr-8638	276	8	lewis	lewis	NOUN
cblr-8638	276	9	,	,	PUNCT
cblr-8638	276	10	supra	supra	PROPN
cblr-8638	276	11	note	note	PROPN
cblr-8638	276	12	59	59	NUM
cblr-8638	276	13	(	(	PUNCT
cblr-8638	276	14	internal	internal	ADJ
cblr-8638	276	15	quotation	quotation	NOUN
cblr-8638	276	16	marks	mark	NOUN
cblr-8638	276	17	omitted	omit	VERB
cblr-8638	276	18	)	)	PUNCT
cblr-8638	276	19	.	.	PUNCT
cblr-8638	277	1	62	62	NUM
cblr-8638	278	1	i	i	PRON
cblr-8638	278	2	d.	d.	PROPN
cblr-8638	278	3	63	63	NUM
cblr-8638	279	1	i	i	PRON
cblr-8638	279	2	d.	d.	PROPN
cblr-8638	279	3	64	64	NUM
cblr-8638	280	1	i	i	PRON
cblr-8638	280	2	d.	d.	PROPN
cblr-8638	280	3	65	65	NUM
cblr-8638	280	4	see	see	VERB
cblr-8638	280	5	i	i	PRON
cblr-8638	280	6	d.	d.	PROPN
cblr-8638	280	7	66	66	NUM
cblr-8638	281	1	i	i	PRON
cblr-8638	281	2	d.	d.	PROPN
cblr-8638	281	3	67	67	NUM
cblr-8638	282	1	i	i	PRON
cblr-8638	282	2	d.	d.	PROPN
cblr-8638	282	3	68	68	NUM
cblr-8638	282	4	steven	steven	PROPN
cblr-8638	282	5	pearlstein	pearlstein	PROPN
cblr-8638	282	6	,	,	PUNCT
cblr-8638	282	7	gamestop	gamestop	ADJ
cblr-8638	282	8	mania	mania	NOUN
cblr-8638	282	9	exposes	expose	VERB
cblr-8638	282	10	sec	sec	PROPN
cblr-8638	282	11	’s	’s	PART
cblr-8638	282	12	failure	failure	NOUN
cblr-8638	282	13	as	as	ADP
cblr-8638	282	14	regulator	regulator	NOUN
cblr-8638	282	15	,	,	PUNCT
cblr-8638	282	16	wash	wash	NOUN
cblr-8638	282	17	.	.	PUNCT
cblr-8638	283	1	post	post	NOUN
cblr-8638	283	2	(	(	PUNCT
cblr-8638	283	3	jan	jan	PROPN
cblr-8638	283	4	.	.	PROPN
cblr-8638	283	5	30	30	NUM
cblr-8638	283	6	,	,	PUNCT
cblr-8638	283	7	2021	2021	NUM
cblr-8638	283	8	,	,	PUNCT
cblr-8638	283	9	6:57	6:57	NUM
cblr-8638	283	10	pm	pm	NOUN
cblr-8638	283	11	)	)	PUNCT
cblr-8638	283	12	,	,	PUNCT
cblr-8638	283	13	https://www.washingtonpost.com/business/2021/01/30/financial-regulations-wall-street-secgamestop	https://www.washingtonpost.com/business/2021/01/30/financial-regulations-wall-street-secgamestop	ADP
cblr-8638	284	1	[	[	X
cblr-8638	284	2	https://perma.cc/puw5-8zku	https://perma.cc/puw5-8zku	X
cblr-8638	284	3	]	]	PUNCT
cblr-8638	284	4	.	.	PUNCT
cblr-8638	285	1	69	69	NUM
cblr-8638	285	2	see	see	VERB
cblr-8638	285	3	i	i	PRON
cblr-8638	285	4	d.	d.	PROPN
cblr-8638	285	5	macey	macey	PROPN
cblr-8638	285	6	8/22/2021	8/22/2021	NUM
cblr-8638	286	1	3:47	3:47	NUM
cblr-8638	286	2	pm	pm	PROPN
cblr-8638	286	3	814	814	NUM
cblr-8638	286	4	columbia	columbia	PROPN
cblr-8638	286	5	business	business	NOUN
cblr-8638	286	6	law	law	PROPN
cblr-8638	286	7	review	review	NOUN
cblr-8638	287	1	[	[	X
cblr-8638	287	2	vol	vol	NOUN
cblr-8638	287	3	.	.	NOUN
cblr-8638	287	4	2021	2021	NUM
cblr-8638	287	5	street	street	NOUN
cblr-8638	287	6	investor	investor	NOUN
cblr-8638	287	7	—	—	PUNCT
cblr-8638	287	8	and	and	CCONJ
cblr-8638	287	9	that	that	SCONJ
cblr-8638	287	10	distinction	distinction	NOUN
cblr-8638	287	11	made	make	VERB
cblr-8638	287	12	all	all	DET
cblr-8638	287	13	the	the	DET
cblr-8638	287	14	difference	difference	NOUN
cblr-8638	287	15	in	in	ADP
cblr-8638	287	16	terms	term	NOUN
cblr-8638	287	17	of	of	ADP
cblr-8638	287	18	securities	security	NOUN
cblr-8638	287	19	regulation	regulation	NOUN
cblr-8638	287	20	.	.	PUNCT
cblr-8638	288	1	when	when	SCONJ
cblr-8638	288	2	the	the	DET
cblr-8638	288	3	sec	sec	PROPN
cblr-8638	288	4	sued	sue	VERB
cblr-8638	288	5	jonathan	jonathan	PROPN
cblr-8638	288	6	lebed	lebed	PROPN
cblr-8638	288	7	,	,	PUNCT
cblr-8638	288	8	it	it	PRON
cblr-8638	288	9	abandoned	abandon	VERB
cblr-8638	288	10	any	any	DET
cblr-8638	288	11	pretense	pretense	NOUN
cblr-8638	288	12	of	of	ADP
cblr-8638	288	13	standing	stand	VERB
cblr-8638	288	14	for	for	ADP
cblr-8638	288	15	fair	fair	ADJ
cblr-8638	288	16	,	,	PUNCT
cblr-8638	288	17	evenhanded	evenhanded	ADJ
cblr-8638	288	18	regulation	regulation	NOUN
cblr-8638	288	19	of	of	ADP
cblr-8638	288	20	trading	trading	NOUN
cblr-8638	288	21	markets	market	NOUN
cblr-8638	288	22	.	.	PUNCT
cblr-8638	289	1	it	it	PRON
cblr-8638	289	2	now	now	ADV
cblr-8638	289	3	appears	appear	VERB
cblr-8638	289	4	that	that	SCONJ
cblr-8638	289	5	the	the	DET
cblr-8638	289	6	sec	sec	PROPN
cblr-8638	289	7	,	,	PUNCT
cblr-8638	289	8	state	state	NOUN
cblr-8638	289	9	regulators	regulator	NOUN
cblr-8638	289	10	,	,	PUNCT
cblr-8638	289	11	and	and	CCONJ
cblr-8638	289	12	even	even	ADV
cblr-8638	289	13	the	the	DET
cblr-8638	289	14	department	department	NOUN
cblr-8638	289	15	of	of	ADP
cblr-8638	289	16	justice	justice	PROPN
cblr-8638	289	17	are	be	AUX
cblr-8638	289	18	investigating	investigate	VERB
cblr-8638	289	19	whether	whether	SCONJ
cblr-8638	289	20	the	the	DET
cblr-8638	289	21	main	main	ADJ
cblr-8638	289	22	street	street	NOUN
cblr-8638	289	23	investors	investor	NOUN
cblr-8638	289	24	who	who	PRON
cblr-8638	289	25	posted	post	VERB
cblr-8638	289	26	on	on	ADP
cblr-8638	289	27	reddit	reddit	NOUN
cblr-8638	289	28	and	and	CCONJ
cblr-8638	289	29	traded	trade	VERB
cblr-8638	289	30	gamestop	gamestop	ADJ
cblr-8638	289	31	shares	share	NOUN
cblr-8638	289	32	engaged	engage	VERB
cblr-8638	289	33	in	in	ADP
cblr-8638	289	34	illegal	illegal	ADJ
cblr-8638	289	35	share	share	NOUN
cblr-8638	289	36	price	price	NOUN
cblr-8638	289	37	manipulation.70	manipulation.70	PROPN
cblr-8638	289	38	throughout	throughout	ADP
cblr-8638	289	39	this	this	DET
cblr-8638	289	40	investigation	investigation	NOUN
cblr-8638	289	41	,	,	PUNCT
cblr-8638	289	42	the	the	DET
cblr-8638	289	43	echoes	echo	NOUN
cblr-8638	289	44	of	of	ADP
cblr-8638	289	45	the	the	DET
cblr-8638	289	46	sec	sec	PROPN
cblr-8638	289	47	’s	’s	PART
cblr-8638	289	48	lebed	lebed	ADJ
cblr-8638	289	49	enforcement	enforcement	NOUN
cblr-8638	289	50	action	action	NOUN
cblr-8638	289	51	are	be	AUX
cblr-8638	289	52	loud	loud	ADJ
cblr-8638	289	53	and	and	CCONJ
cblr-8638	289	54	clear	clear	ADJ
cblr-8638	289	55	.	.	PUNCT
cblr-8638	290	1	the	the	DET
cblr-8638	290	2	idea	idea	NOUN
cblr-8638	290	3	of	of	ADP
cblr-8638	290	4	investigating	investigate	VERB
cblr-8638	290	5	for	for	ADP
cblr-8638	290	6	stock	stock	NOUN
cblr-8638	290	7	market	market	NOUN
cblr-8638	290	8	manipulation	manipulation	NOUN
cblr-8638	290	9	the	the	DET
cblr-8638	290	10	very	very	ADV
cblr-8638	290	11	retail	retail	ADJ
cblr-8638	290	12	investors	investor	NOUN
cblr-8638	290	13	that	that	SCONJ
cblr-8638	290	14	the	the	DET
cblr-8638	290	15	securities	security	NOUN
cblr-8638	290	16	laws	law	NOUN
cblr-8638	290	17	are	be	AUX
cblr-8638	290	18	supposed	suppose	VERB
cblr-8638	290	19	to	to	PART
cblr-8638	290	20	protect	protect	VERB
cblr-8638	290	21	is	be	AUX
cblr-8638	290	22	chilling	chilling	ADJ
cblr-8638	290	23	.	.	PUNCT
cblr-8638	291	1	these	these	DET
cblr-8638	291	2	investigations	investigation	NOUN
cblr-8638	291	3	provide	provide	VERB
cblr-8638	291	4	strong	strong	ADJ
cblr-8638	291	5	support	support	NOUN
cblr-8638	291	6	for	for	ADP
cblr-8638	291	7	this	this	DET
cblr-8638	291	8	article	article	NOUN
cblr-8638	291	9	’s	’s	PART
cblr-8638	291	10	underlying	underlie	VERB
cblr-8638	291	11	hypothesis	hypothesis	NOUN
cblr-8638	291	12	:	:	PUNCT
cblr-8638	291	13	regardless	regardless	ADV
cblr-8638	291	14	of	of	ADP
cblr-8638	291	15	the	the	DET
cblr-8638	291	16	intentions	intention	NOUN
cblr-8638	291	17	of	of	ADP
cblr-8638	291	18	politicians	politician	NOUN
cblr-8638	291	19	,	,	PUNCT
cblr-8638	291	20	securities	security	NOUN
cblr-8638	291	21	laws	law	NOUN
cblr-8638	291	22	and	and	CCONJ
cblr-8638	291	23	regulation	regulation	NOUN
cblr-8638	291	24	have	have	VERB
cblr-8638	291	25	the	the	DET
cblr-8638	291	26	visceral	visceral	ADJ
cblr-8638	291	27	and	and	CCONJ
cblr-8638	291	28	duplicitous	duplicitous	ADJ
cblr-8638	291	29	effect	effect	NOUN
cblr-8638	291	30	of	of	ADP
cblr-8638	291	31	harming	harm	VERB
cblr-8638	291	32	ordinary	ordinary	ADJ
cblr-8638	291	33	investors	investor	NOUN
cblr-8638	291	34	while	while	SCONJ
cblr-8638	291	35	benefitting	benefit	VERB
cblr-8638	291	36	various	various	ADJ
cblr-8638	291	37	wall	wall	PROPN
cblr-8638	291	38	street	street	PROPN
cblr-8638	291	39	elites	elite	NOUN
cblr-8638	291	40	.	.	PUNCT
cblr-8638	292	1	the	the	DET
cblr-8638	292	2	harm	harm	NOUN
cblr-8638	292	3	towards	towards	ADP
cblr-8638	292	4	ordinary	ordinary	ADJ
cblr-8638	292	5	investors	investor	NOUN
cblr-8638	292	6	is	be	AUX
cblr-8638	292	7	instigated	instigate	VERB
cblr-8638	292	8	by	by	ADP
cblr-8638	292	9	the	the	DET
cblr-8638	292	10	sec	sec	PROPN
cblr-8638	292	11	’s	’s	PART
cblr-8638	292	12	refusal	refusal	NOUN
cblr-8638	292	13	to	to	PART
cblr-8638	292	14	allow	allow	VERB
cblr-8638	292	15	main	main	ADJ
cblr-8638	292	16	street	street	NOUN
cblr-8638	292	17	investors	investor	NOUN
cblr-8638	292	18	to	to	PART
cblr-8638	292	19	do	do	VERB
cblr-8638	292	20	any	any	DET
cblr-8638	292	21	business	business	NOUN
cblr-8638	292	22	similar	similar	ADJ
cblr-8638	292	23	to	to	ADP
cblr-8638	292	24	that	that	PRON
cblr-8638	292	25	of	of	ADP
cblr-8638	292	26	the	the	DET
cblr-8638	292	27	wall	wall	PROPN
cblr-8638	292	28	street	street	PROPN
cblr-8638	292	29	elites	elite	NOUN
cblr-8638	292	30	—	—	PUNCT
cblr-8638	292	31	indirectly	indirectly	ADV
cblr-8638	292	32	narrowing	narrow	VERB
cblr-8638	292	33	the	the	DET
cblr-8638	292	34	high	high	ADJ
cblr-8638	292	35	-	-	PUNCT
cblr-8638	292	36	stakes	stake	NOUN
cblr-8638	292	37	playing	play	VERB
cblr-8638	292	38	field	field	NOUN
cblr-8638	292	39	.	.	PUNCT
cblr-8638	293	1	to	to	ADP
cblr-8638	293	2	this	this	DET
cblr-8638	293	3	point	point	NOUN
cblr-8638	293	4	,	,	PUNCT
cblr-8638	293	5	an	an	DET
cblr-8638	293	6	obvious	obvious	ADJ
cblr-8638	293	7	legal	legal	ADJ
cblr-8638	293	8	question	question	NOUN
cblr-8638	293	9	emerges	emerge	VERB
cblr-8638	293	10	when	when	SCONJ
cblr-8638	293	11	considering	consider	VERB
cblr-8638	293	12	the	the	DET
cblr-8638	293	13	gamestop	gamestop	NOUN
cblr-8638	293	14	investigations	investigation	NOUN
cblr-8638	293	15	:	:	PUNCT
cblr-8638	293	16	how	how	SCONJ
cblr-8638	293	17	can	can	AUX
cblr-8638	293	18	the	the	DET
cblr-8638	293	19	postings	posting	NOUN
cblr-8638	293	20	about	about	ADP
cblr-8638	293	21	gamestop	gamestop	NOUN
cblr-8638	293	22	on	on	ADP
cblr-8638	293	23	the	the	DET
cblr-8638	293	24	reddit	reddit	NOUN
cblr-8638	293	25	wallstreetbets	wallstreetbet	NOUN
cblr-8638	293	26	forum	forum	NOUN
cblr-8638	293	27	be	be	AUX
cblr-8638	293	28	considered	consider	VERB
cblr-8638	293	29	fraudulent	fraudulent	ADJ
cblr-8638	293	30	and	and	CCONJ
cblr-8638	293	31	manipulative	manipulative	ADJ
cblr-8638	293	32	,	,	PUNCT
cblr-8638	293	33	while	while	SCONJ
cblr-8638	293	34	hedge	hedge	ADJ
cblr-8638	293	35	funds	fund	NOUN
cblr-8638	293	36	’	'	PUNCT
cblr-8638	293	37	publication	publication	NOUN
cblr-8638	293	38	of	of	ADP
cblr-8638	293	39	bearish	bearish	ADJ
cblr-8638	293	40	research	research	NOUN
cblr-8638	293	41	reports	report	NOUN
cblr-8638	293	42	about	about	ADP
cblr-8638	293	43	gamestop	gamestop	NOUN
cblr-8638	293	44	are	be	AUX
cblr-8638	293	45	not	not	PART
cblr-8638	293	46	?	?	PUNCT
cblr-8638	294	1	the	the	DET
cblr-8638	294	2	answer	answer	NOUN
cblr-8638	294	3	:	:	PUNCT
cblr-8638	294	4	there	there	PRON
cblr-8638	294	5	is	be	VERB
cblr-8638	294	6	no	no	DET
cblr-8638	294	7	substantive	substantive	ADJ
cblr-8638	294	8	difference	difference	NOUN
cblr-8638	294	9	between	between	ADP
cblr-8638	294	10	what	what	PRON
cblr-8638	294	11	short	short	ADJ
cblr-8638	294	12	selling	sell	VERB
cblr-8638	294	13	hedge	hedge	NOUN
cblr-8638	294	14	funds	fund	NOUN
cblr-8638	294	15	were	be	AUX
cblr-8638	294	16	doing	do	VERB
cblr-8638	294	17	and	and	CCONJ
cblr-8638	294	18	what	what	PRON
cblr-8638	294	19	the	the	DET
cblr-8638	294	20	reddit	reddit	NOUN
cblr-8638	294	21	users	user	NOUN
cblr-8638	294	22	were	be	AUX
cblr-8638	294	23	doing	do	VERB
cblr-8638	294	24	.	.	PUNCT
cblr-8638	295	1	both	both	CCONJ
cblr-8638	295	2	the	the	DET
cblr-8638	295	3	retail	retail	ADJ
cblr-8638	295	4	reddit	reddit	NOUN
cblr-8638	295	5	users	user	NOUN
cblr-8638	295	6	and	and	CCONJ
cblr-8638	295	7	the	the	DET
cblr-8638	295	8	hedge	hedge	NOUN
cblr-8638	295	9	funds	fund	NOUN
cblr-8638	295	10	were	be	AUX
cblr-8638	295	11	publishing	publish	VERB
cblr-8638	295	12	their	their	PRON
cblr-8638	295	13	views	view	NOUN
cblr-8638	295	14	about	about	ADP
cblr-8638	295	15	share	share	NOUN
cblr-8638	295	16	prices	price	NOUN
cblr-8638	295	17	with	with	ADP
cblr-8638	295	18	the	the	DET
cblr-8638	295	19	hope	hope	NOUN
cblr-8638	295	20	and	and	CCONJ
cblr-8638	295	21	expectation	expectation	NOUN
cblr-8638	295	22	of	of	ADP
cblr-8638	295	23	influencing	influence	VERB
cblr-8638	295	24	investor	investor	NOUN
cblr-8638	295	25	behavior	behavior	NOUN
cblr-8638	295	26	so	so	SCONJ
cblr-8638	295	27	as	as	SCONJ
cblr-8638	295	28	to	to	PART
cblr-8638	295	29	cultivate	cultivate	VERB
cblr-8638	295	30	a	a	DET
cblr-8638	295	31	70	70	NUM
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cblr-8638	295	33	,	,	PUNCT
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cblr-8638	295	43	of	of	ADP
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cblr-8638	295	45	probes	probe	NOUN
cblr-8638	295	46	into	into	ADP
cblr-8638	295	47	possible	possible	ADJ
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cblr-8638	295	49	,	,	PUNCT
cblr-8638	296	1	wall	wall	PROPN
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cblr-8638	296	9	,	,	PUNCT
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cblr-8638	296	11	,	,	PUNCT
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cblr-8638	296	13	pm	pm	NOUN
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cblr-8638	296	15	(	(	PUNCT
cblr-8638	296	16	on	on	ADP
cblr-8638	296	17	file	file	NOUN
cblr-8638	296	18	with	with	ADP
cblr-8638	296	19	the	the	DET
cblr-8638	296	20	columbia	columbia	PROPN
cblr-8638	296	21	business	business	PROPN
cblr-8638	296	22	law	law	PROPN
cblr-8638	296	23	review	review	PROPN
cblr-8638	296	24	)	)	PUNCT
cblr-8638	296	25	,	,	PUNCT
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cblr-8638	296	27	;	;	PUNCT
cblr-8638	296	28	alex	alex	PROPN
cblr-8638	296	29	padalka	padalka	PROPN
cblr-8638	296	30	,	,	PUNCT
cblr-8638	296	31	sec	sec	PROPN
cblr-8638	296	32	probing	probe	VERB
cblr-8638	296	33	social	social	ADJ
cblr-8638	296	34	media	medium	NOUN
cblr-8638	296	35	posts	post	NOUN
cblr-8638	296	36	for	for	ADP
cblr-8638	296	37	gamestop	gamestop	ADJ
cblr-8638	296	38	price	price	NOUN
cblr-8638	296	39	manipulation	manipulation	NOUN
cblr-8638	296	40	,	,	PUNCT
cblr-8638	296	41	fin	fin	NOUN
cblr-8638	296	42	.	.	PUNCT
cblr-8638	297	1	advisor	advisor	NOUN
cblr-8638	297	2	:	:	PUNCT
cblr-8638	297	3	iq	iq	PROPN
cblr-8638	297	4	(	(	PUNCT
cblr-8638	297	5	feb	feb	PROPN
cblr-8638	297	6	.	.	PROPN
cblr-8638	297	7	5	5	NUM
cblr-8638	297	8	,	,	PUNCT
cblr-8638	297	9	2021	2021	NUM
cblr-8638	297	10	)	)	PUNCT
cblr-8638	297	11	,	,	PUNCT
cblr-8638	298	1	https://financialadvisoriq.com/c/3051383/384013/probing_social_media_posts_game	https://financialadvisoriq.com/c/3051383/384013/probing_social_media_posts_game	PROPN
cblr-8638	298	2	stop_price_manipulation	stop_price_manipulation	PROPN
cblr-8638	299	1	[	[	X
cblr-8638	299	2	https://perma.cc/pvc6-phmt	https://perma.cc/pvc6-phmt	PROPN
cblr-8638	299	3	]	]	PUNCT
cblr-8638	299	4	.	.	PUNCT
cblr-8638	300	1	macey	macey	PROPN
cblr-8638	300	2	8/22/2021	8/22/2021	NUM
cblr-8638	300	3	3:47	3:47	NUM
cblr-8638	300	4	pm	pm	NOUN
cblr-8638	300	5	no	no	INTJ
cblr-8638	300	6	.	.	PUNCT
cblr-8638	301	1	2:796	2:796	NUM
cblr-8638	301	2	]	]	X
cblr-8638	301	3	securities	security	NOUN
cblr-8638	301	4	regulation	regulation	NOUN
cblr-8638	301	5	and	and	CCONJ
cblr-8638	301	6	class	class	NOUN
cblr-8638	301	7	warfare	warfare	NOUN
cblr-8638	301	8	815	815	NUM
cblr-8638	301	9	herd	herd	NOUN
cblr-8638	301	10	response	response	NOUN
cblr-8638	301	11	that	that	PRON
cblr-8638	301	12	would	would	AUX
cblr-8638	301	13	cause	cause	VERB
cblr-8638	301	14	a	a	DET
cblr-8638	301	15	ripple	ripple	ADJ
cblr-8638	301	16	effect	effect	NOUN
cblr-8638	301	17	on	on	ADP
cblr-8638	301	18	equity	equity	NOUN
cblr-8638	301	19	prices	price	NOUN
cblr-8638	301	20	.	.	PUNCT
cblr-8638	302	1	these	these	DET
cblr-8638	302	2	hedge	hedge	NOUN
cblr-8638	302	3	funds	fund	NOUN
cblr-8638	302	4	are	be	AUX
cblr-8638	302	5	now	now	ADV
cblr-8638	302	6	known	know	VERB
cblr-8638	302	7	to	to	PART
cblr-8638	302	8	“	"	PUNCT
cblr-8638	302	9	trumpet	trumpet	VERB
cblr-8638	302	10	their	their	PRON
cblr-8638	302	11	short	short	ADJ
cblr-8638	302	12	research	research	NOUN
cblr-8638	302	13	on	on	ADP
cblr-8638	302	14	social	social	ADJ
cblr-8638	302	15	media	medium	NOUN
cblr-8638	302	16	—	—	PUNCT
cblr-8638	302	17	a	a	DET
cblr-8638	302	18	phenomenon	phenomenon	NOUN
cblr-8638	302	19	that	that	PRON
cblr-8638	302	20	has	have	AUX
cblr-8638	302	21	turned	turn	VERB
cblr-8638	302	22	the	the	DET
cblr-8638	302	23	world	world	NOUN
cblr-8638	302	24	of	of	ADP
cblr-8638	302	25	short	short	NOUN
cblr-8638	302	26	-	-	PUNCT
cblr-8638	302	27	selling	selling	NOUN
cblr-8638	302	28	upside	upside	ADV
cblr-8638	302	29	down	down	ADV
cblr-8638	302	30	over	over	ADP
cblr-8638	302	31	the	the	DET
cblr-8638	302	32	past	past	ADJ
cblr-8638	302	33	decade	decade	NOUN
cblr-8638	302	34	.	.	PUNCT
cblr-8638	303	1	”71	”71	NOUN
cblr-8638	303	2	the	the	DET
cblr-8638	303	3	hedge	hedge	NOUN
cblr-8638	303	4	funds	fund	NOUN
cblr-8638	303	5	’	'	PUNCT
cblr-8638	303	6	strategy	strategy	NOUN
cblr-8638	303	7	is	be	AUX
cblr-8638	303	8	simple	simple	ADJ
cblr-8638	303	9	.	.	PUNCT
cblr-8638	304	1	first	first	ADV
cblr-8638	304	2	,	,	PUNCT
cblr-8638	304	3	one	one	PRON
cblr-8638	304	4	sells	sell	VERB
cblr-8638	304	5	short	short	ADJ
cblr-8638	304	6	.	.	PUNCT
cblr-8638	305	1	then	then	ADV
cblr-8638	305	2	,	,	PUNCT
cblr-8638	305	3	one	one	PRON
cblr-8638	305	4	publishes	publish	VERB
cblr-8638	305	5	a	a	DET
cblr-8638	305	6	negative	negative	ADJ
cblr-8638	305	7	research	research	NOUN
cblr-8638	305	8	report	report	NOUN
cblr-8638	305	9	.	.	PUNCT
cblr-8638	306	1	in	in	ADP
cblr-8638	306	2	following	follow	VERB
cblr-8638	306	3	this	this	DET
cblr-8638	306	4	strategy	strategy	NOUN
cblr-8638	306	5	,	,	PUNCT
cblr-8638	306	6	“	"	PUNCT
cblr-8638	306	7	[	[	X
cblr-8638	306	8	t]he	t]he	ADJ
cblr-8638	306	9	hope	hope	NOUN
cblr-8638	306	10	is	be	AUX
cblr-8638	306	11	that	that	SCONJ
cblr-8638	306	12	,	,	PUNCT
cblr-8638	306	13	once	once	ADV
cblr-8638	306	14	publicized	publicize	VERB
cblr-8638	306	15	,	,	PUNCT
cblr-8638	306	16	a	a	DET
cblr-8638	306	17	damning	damning	ADJ
cblr-8638	306	18	report	report	NOUN
cblr-8638	306	19	will	will	AUX
cblr-8638	306	20	be	be	AUX
cblr-8638	306	21	the	the	DET
cblr-8638	306	22	catalyst	catalyst	NOUN
cblr-8638	306	23	for	for	ADP
cblr-8638	306	24	a	a	DET
cblr-8638	306	25	downward	downward	ADJ
cblr-8638	306	26	move	move	NOUN
cblr-8638	306	27	in	in	ADP
cblr-8638	306	28	a	a	DET
cblr-8638	306	29	stock	stock	NOUN
cblr-8638	306	30	they	they	PRON
cblr-8638	306	31	’ve	’ve	AUX
cblr-8638	306	32	shorted	short	VERB
cblr-8638	306	33	.	.	PUNCT
cblr-8638	307	1	”72	”72	PROPN
cblr-8638	307	2	of	of	ADP
cblr-8638	307	3	particular	particular	ADJ
cblr-8638	307	4	concern	concern	NOUN
cblr-8638	307	5	is	be	AUX
cblr-8638	307	6	that	that	SCONJ
cblr-8638	307	7	hedge	hedge	NOUN
cblr-8638	307	8	funds	fund	NOUN
cblr-8638	307	9	’	'	PUNCT
cblr-8638	307	10	negative	negative	ADJ
cblr-8638	307	11	“	"	PUNCT
cblr-8638	307	12	reports	report	NOUN
cblr-8638	307	13	sometimes	sometimes	ADV
cblr-8638	307	14	arrive	arrive	VERB
cblr-8638	307	15	just	just	ADV
cblr-8638	307	16	prior	prior	ADV
cblr-8638	307	17	to	to	ADP
cblr-8638	307	18	the	the	DET
cblr-8638	307	19	expiration	expiration	NOUN
cblr-8638	307	20	of	of	ADP
cblr-8638	307	21	options	option	NOUN
cblr-8638	307	22	that	that	PRON
cblr-8638	307	23	can	can	AUX
cblr-8638	307	24	send	send	VERB
cblr-8638	307	25	stocks	stock	NOUN
cblr-8638	307	26	into	into	ADP
cblr-8638	307	27	a	a	DET
cblr-8638	307	28	tailspin	tailspin	NOUN
cblr-8638	307	29	.	.	PUNCT
cblr-8638	308	1	”73	”73	PROPN
cblr-8638	308	2	at	at	ADP
cblr-8638	308	3	most	most	ADV
cblr-8638	308	4	,	,	PUNCT
cblr-8638	308	5	the	the	DET
cblr-8638	308	6	difference	difference	NOUN
cblr-8638	308	7	between	between	ADP
cblr-8638	308	8	what	what	PRON
cblr-8638	308	9	the	the	DET
cblr-8638	308	10	hedge	hedge	NOUN
cblr-8638	308	11	funds	fund	NOUN
cblr-8638	308	12	were	be	AUX
cblr-8638	308	13	doing	do	VERB
cblr-8638	308	14	with	with	ADP
cblr-8638	308	15	their	their	PRON
cblr-8638	308	16	negative	negative	ADJ
cblr-8638	308	17	reporting	reporting	NOUN
cblr-8638	308	18	and	and	CCONJ
cblr-8638	308	19	what	what	PRON
cblr-8638	308	20	the	the	DET
cblr-8638	308	21	reddit	reddit	NOUN
cblr-8638	308	22	crowd	crowd	NOUN
cblr-8638	308	23	was	be	AUX
cblr-8638	308	24	doing	do	VERB
cblr-8638	308	25	with	with	ADP
cblr-8638	308	26	their	their	PRON
cblr-8638	308	27	posts	post	NOUN
cblr-8638	308	28	was	be	AUX
cblr-8638	308	29	microscopic	microscopic	ADJ
cblr-8638	308	30	.	.	PUNCT
cblr-8638	309	1	it	it	PRON
cblr-8638	309	2	came	come	VERB
cblr-8638	309	3	down	down	ADP
cblr-8638	309	4	to	to	ADP
cblr-8638	309	5	two	two	NUM
cblr-8638	309	6	differences	difference	NOUN
cblr-8638	309	7	:	:	PUNCT
cblr-8638	309	8	(	(	PUNCT
cblr-8638	309	9	1	1	X
cblr-8638	309	10	)	)	PUNCT
cblr-8638	309	11	explicit	explicit	ADJ
cblr-8638	309	12	intention	intention	NOUN
cblr-8638	309	13	and	and	CCONJ
cblr-8638	309	14	(	(	PUNCT
cblr-8638	309	15	2	2	NUM
cblr-8638	309	16	)	)	PUNCT
cblr-8638	309	17	motivation	motivation	NOUN
cblr-8638	309	18	.	.	PUNCT
cblr-8638	310	1	first	first	ADV
cblr-8638	310	2	,	,	PUNCT
cblr-8638	310	3	people	people	NOUN
cblr-8638	310	4	posting	post	VERB
cblr-8638	310	5	on	on	ADP
cblr-8638	310	6	reddit	reddit	NOUN
cblr-8638	310	7	were	be	AUX
cblr-8638	310	8	explicit	explicit	ADJ
cblr-8638	310	9	about	about	ADP
cblr-8638	310	10	their	their	PRON
cblr-8638	310	11	hope	hope	NOUN
cblr-8638	310	12	to	to	PART
cblr-8638	310	13	motivate	motivate	VERB
cblr-8638	310	14	others	other	NOUN
cblr-8638	310	15	to	to	PART
cblr-8638	310	16	buy	buy	VERB
cblr-8638	310	17	gamestop	gamestop	NOUN
cblr-8638	310	18	by	by	ADP
cblr-8638	310	19	“	"	PUNCT
cblr-8638	310	20	urging	urge	VERB
cblr-8638	310	21	more	more	ADJ
cblr-8638	310	22	traders	trader	NOUN
cblr-8638	310	23	to	to	PART
cblr-8638	310	24	buy	buy	VERB
cblr-8638	310	25	shares	share	NOUN
cblr-8638	310	26	.	.	PUNCT
cblr-8638	310	27	.	.	PUNCT
cblr-8638	311	1	.	.	PUNCT
cblr-8638	311	2	,	,	PUNCT
cblr-8638	311	3	exposing	expose	VERB
cblr-8638	311	4	even	even	ADV
cblr-8638	311	5	more	more	ADJ
cblr-8638	311	6	novice	novice	NOUN
cblr-8638	311	7	investors	investor	NOUN
cblr-8638	311	8	to	to	ADP
cblr-8638	311	9	the	the	DET
cblr-8638	311	10	trend	trend	NOUN
cblr-8638	311	11	as	as	SCONJ
cblr-8638	311	12	shares	share	NOUN
cblr-8638	311	13	surged	surge	VERB
cblr-8638	311	14	higher	higher	ADV
cblr-8638	311	15	.	.	PUNCT
cblr-8638	312	1	”74	”74	PROPN
cblr-8638	313	1	second	second	ADJ
cblr-8638	313	2	,	,	PUNCT
cblr-8638	313	3	the	the	DET
cblr-8638	313	4	reddit	reddit	NOUN
cblr-8638	313	5	posts	post	NOUN
cblr-8638	313	6	sometimes	sometimes	ADV
cblr-8638	313	7	were	be	AUX
cblr-8638	313	8	politically	politically	ADV
cblr-8638	313	9	-	-	PUNCT
cblr-8638	313	10	driven	drive	VERB
cblr-8638	313	11	,	,	PUNCT
cblr-8638	313	12	rather	rather	ADV
cblr-8638	313	13	than	than	ADP
cblr-8638	313	14	analytically	analytically	ADV
cblr-8638	313	15	-	-	PUNCT
cblr-8638	313	16	based	base	VERB
cblr-8638	313	17	—	—	PUNCT
cblr-8638	313	18	a	a	DET
cblr-8638	313	19	distinct	distinct	ADJ
cblr-8638	313	20	motivation	motivation	NOUN
cblr-8638	313	21	from	from	ADP
cblr-8638	313	22	their	their	PRON
cblr-8638	313	23	wall	wall	PROPN
cblr-8638	313	24	street	street	PROPN
cblr-8638	313	25	counterparts	counterpart	NOUN
cblr-8638	313	26	.	.	PUNCT
cblr-8638	314	1	it	it	PRON
cblr-8638	314	2	was	be	AUX
cblr-8638	314	3	the	the	DET
cblr-8638	314	4	proletariat	proletariat	PROPN
cblr-8638	314	5	versus	versus	ADP
cblr-8638	314	6	the	the	DET
cblr-8638	314	7	bourgeoisie	bourgeoisie	NOUN
cblr-8638	314	8	,	,	PUNCT
cblr-8638	314	9	with	with	ADP
cblr-8638	314	10	“	"	PUNCT
cblr-8638	314	11	reddit	reddit	NOUN
cblr-8638	314	12	users	user	NOUN
cblr-8638	314	13	.	.	PUNCT
cblr-8638	314	14	.	.	PUNCT
cblr-8638	314	15	.	.	PUNCT
cblr-8638	315	1	cheer[ing	cheer[e	VERB
cblr-8638	315	2	]	]	PUNCT
cblr-8638	315	3	the	the	DET
cblr-8638	315	4	trade	trade	NOUN
cblr-8638	315	5	as	as	ADP
cblr-8638	315	6	a	a	DET
cblr-8638	315	7	way	way	NOUN
cblr-8638	315	8	to	to	PART
cblr-8638	315	9	drive	drive	VERB
cblr-8638	315	10	massive	massive	ADJ
cblr-8638	315	11	losses	loss	NOUN
cblr-8638	315	12	at	at	ADP
cblr-8638	315	13	short	short	ADJ
cblr-8638	315	14	-	-	PUNCT
cblr-8638	315	15	selling	sell	VERB
cblr-8638	315	16	hedge	hedge	NOUN
cblr-8638	315	17	funds	fund	NOUN
cblr-8638	315	18	.	.	PUNCT
cblr-8638	315	19	.	.	PUNCT
cblr-8638	315	20	.	.	PUNCT
cblr-8638	316	1	[	[	X
cblr-8638	316	2	,	,	X
cblr-8638	316	3	]	]	PUNCT
cblr-8638	316	4	t[aking	t[aking	NOUN
cblr-8638	316	5	]	]	PUNCT
cblr-8638	316	6	on	on	ADP
cblr-8638	316	7	a	a	DET
cblr-8638	316	8	71	71	NUM
cblr-8638	316	9	michelle	michelle	NOUN
cblr-8638	316	10	celarier	celarier	NOUN
cblr-8638	316	11	,	,	PUNCT
cblr-8638	316	12	the	the	DET
cblr-8638	316	13	dark	dark	ADJ
cblr-8638	316	14	money	money	NOUN
cblr-8638	316	15	secretly	secretly	ADV
cblr-8638	316	16	bankrolling	bankroll	VERB
cblr-8638	316	17	activist	activist	ADJ
cblr-8638	316	18	short	short	ADJ
cblr-8638	316	19	-	-	PUNCT
cblr-8638	316	20	sellers	seller	NOUN
cblr-8638	316	21	—	—	PUNCT
cblr-8638	316	22	and	and	CCONJ
cblr-8638	316	23	the	the	DET
cblr-8638	316	24	insiders	insider	NOUN
cblr-8638	316	25	trying	try	VERB
cblr-8638	316	26	to	to	PART
cblr-8638	316	27	expose	expose	VERB
cblr-8638	316	28	it	it	PRON
cblr-8638	316	29	,	,	PUNCT
cblr-8638	316	30	institutional	institutional	ADJ
cblr-8638	316	31	inv	inv	NOUN
cblr-8638	316	32	.	.	PUNCT
cblr-8638	317	1	(	(	PUNCT
cblr-8638	317	2	nov	nov	PROPN
cblr-8638	317	3	.	.	PROPN
cblr-8638	317	4	30	30	NUM
cblr-8638	317	5	,	,	PUNCT
cblr-8638	317	6	2020	2020	NUM
cblr-8638	317	7	)	)	PUNCT
cblr-8638	317	8	,	,	PUNCT
cblr-8638	317	9	https://www.institutionalinvestor.com/article/b1pgz	https://www.institutionalinvestor.com/article/b1pgz	VERB
cblr-8638	317	10	6k9kjs50v	6k9kjs50v	NUM
cblr-8638	317	11	/	/	SYM
cblr-8638	317	12	the	the	DET
cblr-8638	317	13	-	-	PUNCT
cblr-8638	317	14	dark	dark	ADJ
cblr-8638	317	15	-	-	PUNCT
cblr-8638	317	16	money	money	NOUN
cblr-8638	317	17	-	-	PUNCT
cblr-8638	317	18	secretly	secretly	ADV
cblr-8638	317	19	-	-	PUNCT
cblr-8638	317	20	bankrolling	bankrolling	NOUN
cblr-8638	317	21	-	-	PUNCT
cblr-8638	317	22	activist	activist	NOUN
cblr-8638	317	23	-	-	PUNCT
cblr-8638	317	24	short	short	ADJ
cblr-8638	317	25	-	-	PUNCT
cblr-8638	317	26	sellersand	sellersand	NOUN
cblr-8638	317	27	-	-	PUNCT
cblr-8638	317	28	the	the	DET
cblr-8638	317	29	-	-	PUNCT
cblr-8638	317	30	insiders	insider	NOUN
cblr-8638	317	31	-	-	PUNCT
cblr-8638	317	32	trying	try	VERB
cblr-8638	317	33	-	-	PUNCT
cblr-8638	317	34	to	to	AUX
cblr-8638	317	35	-	-	PUNCT
cblr-8638	317	36	expose	expose	VERB
cblr-8638	317	37	-	-	PUNCT
cblr-8638	317	38	it	it	PRON
cblr-8638	317	39	[	[	X
cblr-8638	317	40	https://perma.cc/yp4f-l4g8	https://perma.cc/yp4f-l4g8	X
cblr-8638	317	41	]	]	X
cblr-8638	317	42	.	.	PUNCT
cblr-8638	318	1	72	72	NUM
cblr-8638	319	1	i	i	PRON
cblr-8638	319	2	d.	d.	PROPN
cblr-8638	319	3	73	73	NUM
cblr-8638	320	1	i	i	PRON
cblr-8638	320	2	d.	d.	PROPN
cblr-8638	320	3	74	74	NUM
cblr-8638	320	4	ben	ben	PROPN
cblr-8638	320	5	winck	winck	PROPN
cblr-8638	320	6	,	,	PUNCT
cblr-8638	320	7	the	the	DET
cblr-8638	320	8	reddit	reddit	NOUN
cblr-8638	320	9	-	-	PUNCT
cblr-8638	320	10	fueled	fuel	VERB
cblr-8638	320	11	gamestop	gamestop	NOUN
cblr-8638	320	12	rally	rally	NOUN
cblr-8638	320	13	is	be	AUX
cblr-8638	320	14	reportedly	reportedly	ADV
cblr-8638	320	15	under	under	ADP
cblr-8638	320	16	federal	federal	ADJ
cblr-8638	320	17	investigation	investigation	NOUN
cblr-8638	320	18	for	for	ADP
cblr-8638	320	19	possible	possible	ADJ
cblr-8638	320	20	market	market	NOUN
cblr-8638	320	21	manipulation	manipulation	NOUN
cblr-8638	320	22	—	—	PUNCT
cblr-8638	320	23	and	and	CCONJ
cblr-8638	320	24	robinhood	robinhood	PROPN
cblr-8638	320	25	has	have	AUX
cblr-8638	320	26	been	be	AUX
cblr-8638	320	27	subpoenaed	subpoena	VERB
cblr-8638	320	28	,	,	PUNCT
cblr-8638	320	29	bus	bus	NOUN
cblr-8638	320	30	.	.	PUNCT
cblr-8638	321	1	insider	insider	NOUN
cblr-8638	321	2	:	:	PUNCT
cblr-8638	321	3	mkts	mkts	NOUN
cblr-8638	321	4	.	.	PUNCT
cblr-8638	322	1	insider	insider	NOUN
cblr-8638	322	2	(	(	PUNCT
cblr-8638	322	3	feb	feb	PROPN
cblr-8638	322	4	.	.	PROPN
cblr-8638	322	5	11	11	NUM
cblr-8638	322	6	,	,	PUNCT
cblr-8638	322	7	2021	2021	NUM
cblr-8638	322	8	)	)	PUNCT
cblr-8638	322	9	,	,	PUNCT
cblr-8638	322	10	https://markets.businessinsider.com/news/stocks/reddit-gamestop-stockrally-investigation-market-manipulation-robinhood-regulation-gme-20212-1030074397	https://markets.businessinsider.com/news/stocks/reddit-gamestop-stockrally-investigation-market-manipulation-robinhood-regulation-gme-20212-1030074397	NOUN
cblr-8638	323	1	[	[	X
cblr-8638	323	2	https://perma.cc/5lm6-rpuq	https://perma.cc/5lm6-rpuq	X
cblr-8638	323	3	]	]	X
cblr-8638	323	4	.	.	PUNCT
cblr-8638	324	1	macey	macey	PROPN
cblr-8638	324	2	8/22/2021	8/22/2021	NUM
cblr-8638	324	3	3:47	3:47	NUM
cblr-8638	324	4	pm	pm	PROPN
cblr-8638	324	5	816	816	NUM
cblr-8638	324	6	columbia	columbia	PROPN
cblr-8638	324	7	business	business	NOUN
cblr-8638	324	8	law	law	PROPN
cblr-8638	324	9	review	review	NOUN
cblr-8638	325	1	[	[	X
cblr-8638	325	2	vol	vol	NOUN
cblr-8638	325	3	.	.	NOUN
cblr-8638	325	4	2021	2021	NUM
cblr-8638	325	5	populist	populist	ADJ
cblr-8638	325	6	tone	tone	NOUN
cblr-8638	325	7	that	that	PRON
cblr-8638	325	8	pitted	pit	VERB
cblr-8638	325	9	the	the	DET
cblr-8638	325	10	everyday	everyday	ADJ
cblr-8638	325	11	trader	trader	NOUN
cblr-8638	325	12	against	against	ADP
cblr-8638	325	13	the	the	DET
cblr-8638	325	14	wall	wall	PROPN
cblr-8638	325	15	street	street	PROPN
cblr-8638	325	16	establishment	establishment	PROPN
cblr-8638	325	17	.	.	PUNCT
cblr-8638	326	1	”75	”75	PROPN
cblr-8638	326	2	however	however	ADV
cblr-8638	326	3	,	,	PUNCT
cblr-8638	326	4	the	the	DET
cblr-8638	326	5	principal	principal	ADJ
cblr-8638	326	6	difference	difference	NOUN
cblr-8638	326	7	was	be	AUX
cblr-8638	326	8	that	that	PRON
cblr-8638	326	9	of	of	ADP
cblr-8638	326	10	explicit	explicit	ADJ
cblr-8638	326	11	intention	intention	NOUN
cblr-8638	326	12	:	:	PUNCT
cblr-8638	326	13	those	those	PRON
cblr-8638	326	14	posting	post	VERB
cblr-8638	326	15	on	on	ADP
cblr-8638	326	16	reddit	reddit	NOUN
cblr-8638	326	17	were	be	AUX
cblr-8638	326	18	explicit	explicit	ADJ
cblr-8638	326	19	about	about	ADP
cblr-8638	326	20	trying	try	VERB
cblr-8638	326	21	to	to	PART
cblr-8638	326	22	induce	induce	VERB
cblr-8638	326	23	a	a	DET
cblr-8638	326	24	wave	wave	NOUN
cblr-8638	326	25	of	of	ADP
cblr-8638	326	26	trading	trading	NOUN
cblr-8638	326	27	activity	activity	NOUN
cblr-8638	326	28	,	,	PUNCT
cblr-8638	326	29	while	while	SCONJ
cblr-8638	326	30	the	the	DET
cblr-8638	326	31	hedge	hedge	NOUN
cblr-8638	326	32	funds	fund	NOUN
cblr-8638	326	33	merely	merely	ADV
cblr-8638	326	34	hinted	hint	VERB
cblr-8638	326	35	at	at	ADP
cblr-8638	326	36	their	their	PRON
cblr-8638	326	37	desired	desire	VERB
cblr-8638	326	38	outcome.76	outcome.76	NOUN
cblr-8638	326	39	this	this	DET
cblr-8638	326	40	difference	difference	NOUN
cblr-8638	326	41	holds	hold	VERB
cblr-8638	326	42	little	little	ADJ
cblr-8638	326	43	meaning	meaning	NOUN
cblr-8638	326	44	when	when	SCONJ
cblr-8638	326	45	we	we	PRON
cblr-8638	326	46	consider	consider	VERB
cblr-8638	326	47	why	why	SCONJ
cblr-8638	326	48	hedge	hedge	NOUN
cblr-8638	326	49	funds	fund	NOUN
cblr-8638	326	50	followed	follow	VERB
cblr-8638	326	51	their	their	PRON
cblr-8638	326	52	particular	particular	ADJ
cblr-8638	326	53	strategy	strategy	NOUN
cblr-8638	326	54	of	of	ADP
cblr-8638	326	55	shorting	shorting	NOUN
cblr-8638	326	56	and	and	CCONJ
cblr-8638	326	57	repudiating	repudiate	VERB
cblr-8638	326	58	.	.	PUNCT
cblr-8638	327	1	there	there	PRON
cblr-8638	327	2	is	be	VERB
cblr-8638	327	3	a	a	DET
cblr-8638	327	4	sole	sole	ADJ
cblr-8638	327	5	,	,	PUNCT
cblr-8638	327	6	obvious	obvious	ADJ
cblr-8638	327	7	reason	reason	NOUN
cblr-8638	327	8	why	why	SCONJ
cblr-8638	327	9	a	a	DET
cblr-8638	327	10	hedge	hedge	NOUN
cblr-8638	327	11	fund	fund	NOUN
cblr-8638	327	12	would	would	AUX
cblr-8638	327	13	bother	bother	VERB
cblr-8638	327	14	to	to	PART
cblr-8638	327	15	post	post	VERB
cblr-8638	327	16	negative	negative	ADJ
cblr-8638	327	17	research	research	NOUN
cblr-8638	327	18	about	about	ADP
cblr-8638	327	19	a	a	DET
cblr-8638	327	20	company	company	NOUN
cblr-8638	327	21	whose	whose	DET
cblr-8638	327	22	stock	stock	NOUN
cblr-8638	327	23	it	it	PRON
cblr-8638	327	24	was	be	AUX
cblr-8638	327	25	shorting	short	VERB
cblr-8638	327	26	:	:	PUNCT
cblr-8638	327	27	it	it	PRON
cblr-8638	327	28	intended	intend	VERB
cblr-8638	327	29	to	to	PART
cblr-8638	327	30	encourage	encourage	VERB
cblr-8638	327	31	other	other	ADJ
cblr-8638	327	32	investors	investor	NOUN
cblr-8638	327	33	to	to	PART
cblr-8638	327	34	drive	drive	VERB
cblr-8638	327	35	the	the	DET
cblr-8638	327	36	price	price	NOUN
cblr-8638	327	37	of	of	ADP
cblr-8638	327	38	that	that	DET
cblr-8638	327	39	company	company	NOUN
cblr-8638	327	40	’s	’s	PART
cblr-8638	327	41	shares	share	NOUN
cblr-8638	327	42	downward	downward	ADV
cblr-8638	327	43	,	,	PUNCT
cblr-8638	327	44	working	work	VERB
cblr-8638	327	45	to	to	PART
cblr-8638	327	46	alter	alter	VERB
cblr-8638	327	47	share	share	NOUN
cblr-8638	327	48	prices	price	NOUN
cblr-8638	327	49	just	just	ADV
cblr-8638	327	50	the	the	DET
cblr-8638	327	51	same	same	ADJ
cblr-8638	327	52	as	as	ADP
cblr-8638	327	53	the	the	DET
cblr-8638	327	54	reddit	reddit	NOUN
cblr-8638	327	55	users	user	NOUN
cblr-8638	327	56	.	.	PUNCT
cblr-8638	328	1	the	the	DET
cblr-8638	328	2	point	point	NOUN
cblr-8638	328	3	here	here	ADV
cblr-8638	328	4	is	be	AUX
cblr-8638	328	5	not	not	PART
cblr-8638	328	6	to	to	PART
cblr-8638	328	7	criticize	criticize	VERB
cblr-8638	328	8	short	short	ADJ
cblr-8638	328	9	selling	selling	NOUN
cblr-8638	328	10	.	.	PUNCT
cblr-8638	329	1	there	there	PRON
cblr-8638	329	2	is	be	VERB
cblr-8638	329	3	no	no	DET
cblr-8638	329	4	question	question	NOUN
cblr-8638	329	5	that	that	SCONJ
cblr-8638	329	6	short	short	ADJ
cblr-8638	329	7	selling	selling	NOUN
cblr-8638	329	8	is	be	AUX
cblr-8638	329	9	highly	highly	ADV
cblr-8638	329	10	beneficial	beneficial	ADJ
cblr-8638	329	11	to	to	ADP
cblr-8638	329	12	financial	financial	ADJ
cblr-8638	329	13	markets	market	NOUN
cblr-8638	329	14	,	,	PUNCT
cblr-8638	329	15	as	as	SCONJ
cblr-8638	329	16	it	it	PRON
cblr-8638	329	17	promotes	promote	VERB
cblr-8638	329	18	market	market	NOUN
cblr-8638	329	19	efficiency	efficiency	NOUN
cblr-8638	329	20	by	by	ADP
cblr-8638	329	21	(	(	PUNCT
cblr-8638	329	22	1	1	X
cblr-8638	329	23	)	)	PUNCT
cblr-8638	329	24	speeding	speed	VERB
cblr-8638	329	25	up	up	ADP
cblr-8638	329	26	price	price	NOUN
cblr-8638	329	27	adjustments	adjustment	NOUN
cblr-8638	329	28	,	,	PUNCT
cblr-8638	329	29	(	(	PUNCT
cblr-8638	329	30	2	2	X
cblr-8638	329	31	)	)	PUNCT
cblr-8638	329	32	reducing	reduce	VERB
cblr-8638	329	33	bid	bid	NOUN
cblr-8638	329	34	-	-	PUNCT
cblr-8638	329	35	ask	ask	NOUN
cblr-8638	329	36	spreads	spread	NOUN
cblr-8638	329	37	,	,	PUNCT
cblr-8638	329	38	(	(	PUNCT
cblr-8638	329	39	3	3	X
cblr-8638	329	40	)	)	PUNCT
cblr-8638	329	41	moderating	moderate	VERB
cblr-8638	329	42	asset	asset	NOUN
cblr-8638	329	43	overvaluation	overvaluation	NOUN
cblr-8638	329	44	,	,	PUNCT
cblr-8638	329	45	and	and	CCONJ
cblr-8638	329	46	(	(	PUNCT
cblr-8638	329	47	4	4	X
cblr-8638	329	48	)	)	PUNCT
cblr-8638	329	49	mitigating	mitigate	VERB
cblr-8638	329	50	price	price	NOUN
cblr-8638	329	51	distortions.77	distortions.77	ADJ
cblr-8638	329	52	short	short	ADJ
cblr-8638	329	53	selling	selling	NOUN
cblr-8638	329	54	should	should	AUX
cblr-8638	329	55	also	also	ADV
cblr-8638	329	56	be	be	AUX
cblr-8638	329	57	encouraged	encourage	VERB
cblr-8638	329	58	as	as	ADP
cblr-8638	329	59	a	a	DET
cblr-8638	329	60	method	method	NOUN
cblr-8638	329	61	of	of	ADP
cblr-8638	329	62	reducing	reduce	VERB
cblr-8638	329	63	corporate	corporate	ADJ
cblr-8638	329	64	wrongdoing	wrongdoing	NOUN
cblr-8638	329	65	,	,	PUNCT
cblr-8638	329	66	providing	provide	VERB
cblr-8638	329	67	incentives	incentive	NOUN
cblr-8638	329	68	for	for	SCONJ
cblr-8638	329	69	market	market	NOUN
cblr-8638	329	70	participants	participant	NOUN
cblr-8638	329	71	to	to	PART
cblr-8638	329	72	ferret	ferret	VERB
cblr-8638	329	73	out	out	ADP
cblr-8638	329	74	fraud.78	fraud.78	VERB
cblr-8638	329	75	far	far	ADV
cblr-8638	329	76	from	from	ADP
cblr-8638	329	77	arguing	argue	VERB
cblr-8638	329	78	that	that	SCONJ
cblr-8638	329	79	short	short	ADJ
cblr-8638	329	80	selling	selling	NOUN
cblr-8638	329	81	is	be	AUX
cblr-8638	329	82	wrong	wrong	ADJ
cblr-8638	329	83	or	or	CCONJ
cblr-8638	329	84	should	should	AUX
cblr-8638	329	85	be	be	AUX
cblr-8638	329	86	more	more	ADV
cblr-8638	329	87	strictly	strictly	ADV
cblr-8638	329	88	regulated	regulate	VERB
cblr-8638	329	89	,	,	PUNCT
cblr-8638	329	90	the	the	DET
cblr-8638	329	91	point	point	NOUN
cblr-8638	329	92	here	here	ADV
cblr-8638	329	93	is	be	AUX
cblr-8638	329	94	simply	simply	ADV
cblr-8638	329	95	this	this	PRON
cblr-8638	329	96	:	:	PUNCT
cblr-8638	329	97	the	the	DET
cblr-8638	329	98	relatively	relatively	ADV
cblr-8638	329	99	naïve	naïve	ADJ
cblr-8638	329	100	investors	investor	NOUN
cblr-8638	329	101	posting	post	VERB
cblr-8638	329	102	on	on	ADP
cblr-8638	329	103	75	75	NUM
cblr-8638	329	104	i	i	PROPN
cblr-8638	329	105	d.	d.	PROPN
cblr-8638	329	106	wall	wall	PROPN
cblr-8638	329	107	street	street	PROPN
cblr-8638	329	108	short	short	ADJ
cblr-8638	329	109	sellers	seller	NOUN
cblr-8638	329	110	,	,	PUNCT
cblr-8638	329	111	by	by	ADP
cblr-8638	329	112	contrast	contrast	NOUN
cblr-8638	329	113	,	,	PUNCT
cblr-8638	329	114	tend	tend	VERB
cblr-8638	329	115	to	to	PART
cblr-8638	329	116	speak	speak	VERB
cblr-8638	329	117	about	about	ADP
cblr-8638	329	118	profits	profit	NOUN
cblr-8638	329	119	.	.	PUNCT
cblr-8638	330	1	see	see	VERB
cblr-8638	330	2	,	,	PUNCT
cblr-8638	330	3	e.g.	e.g.	ADV
cblr-8638	330	4	,	,	PUNCT
cblr-8638	330	5	celarier	celarier	NOUN
cblr-8638	330	6	,	,	PUNCT
cblr-8638	330	7	supra	supra	PROPN
cblr-8638	330	8	note	note	NOUN
cblr-8638	330	9	71	71	NUM
cblr-8638	330	10	.	.	PUNCT
cblr-8638	331	1	76	76	NUM
cblr-8638	331	2	compare	compare	VERB
cblr-8638	331	3	the	the	DET
cblr-8638	331	4	reddit	reddit	NOUN
cblr-8638	331	5	users	user	NOUN
cblr-8638	331	6	’	’	PART
cblr-8638	331	7	directness	directness	NOUN
cblr-8638	331	8	with	with	ADP
cblr-8638	331	9	an	an	DET
cblr-8638	331	10	attack	attack	NOUN
cblr-8638	331	11	tweet	tweet	NOUN
cblr-8638	331	12	from	from	ADP
cblr-8638	331	13	citron	citron	NOUN
cblr-8638	331	14	research	research	NOUN
cblr-8638	331	15	:	:	PUNCT
cblr-8638	331	16	“	"	PUNCT
cblr-8638	331	17	without	without	ADP
cblr-8638	331	18	lengthy	lengthy	ADJ
cblr-8638	331	19	reports	report	NOUN
cblr-8638	331	20	,	,	PUNCT
cblr-8638	331	21	citron	citron	NOUN
cblr-8638	331	22	and	and	CCONJ
cblr-8638	331	23	others	other	NOUN
cblr-8638	331	24	are	be	AUX
cblr-8638	331	25	providing	provide	VERB
cblr-8638	331	26	both	both	DET
cblr-8638	331	27	chinese/	chinese/	NUM
cblr-8638	331	28	us	us	PROPN
cblr-8638	331	29	authorities	authority	NOUN
cblr-8638	331	30	with	with	ADP
cblr-8638	331	31	enough	enough	ADJ
cblr-8638	331	32	info	info	NOUN
cblr-8638	331	33	that	that	PRON
cblr-8638	331	34	can	can	AUX
cblr-8638	331	35	put	put	VERB
cblr-8638	331	36	an	an	DET
cblr-8638	331	37	end	end	NOUN
cblr-8638	331	38	to	to	ADP
cblr-8638	331	39	this	this	DET
cblr-8638	331	40	charade	charade	NOUN
cblr-8638	331	41	.	.	PUNCT
cblr-8638	332	1	a	a	DET
cblr-8638	332	2	shame	shame	NOUN
cblr-8638	332	3	that	that	PRON
cblr-8638	332	4	respectable	respectable	ADJ
cblr-8638	332	5	companies	company	NOUN
cblr-8638	332	6	like	like	ADP
cblr-8638	332	7	$	$	SYM
cblr-8638	332	8	tal	tal	NOUN
cblr-8638	332	9	and	and	CCONJ
cblr-8638	332	10	$	$	SYM
cblr-8638	332	11	edu	edu	NOUN
cblr-8638	332	12	are	be	AUX
cblr-8638	332	13	being	be	AUX
cblr-8638	332	14	losing	lose	VERB
cblr-8638	332	15	[	[	PUNCT
cblr-8638	332	16	sic	sic	ADJ
cblr-8638	332	17	]	]	PUNCT
cblr-8638	332	18	market	market	NOUN
cblr-8638	332	19	cap	cap	NOUN
cblr-8638	332	20	to	to	ADP
cblr-8638	332	21	$	$	SYM
cblr-8638	332	22	gsx	gsx	NOUN
cblr-8638	332	23	.	.	PUNCT
cblr-8638	333	1	gsxstockfraud.com	gsxstockfraud.com	X
cblr-8638	333	2	.	.	PUNCT
cblr-8638	333	3	”	"	PUNCT
cblr-8638	334	1	citron	citron	NOUN
cblr-8638	334	2	rsch	rsch	NOUN
cblr-8638	334	3	.	.	PUNCT
cblr-8638	335	1	(	(	PUNCT
cblr-8638	335	2	@citron	@citron	PROPN
cblr-8638	335	3	research	research	NOUN
cblr-8638	335	4	)	)	PUNCT
cblr-8638	335	5	,	,	PUNCT
cblr-8638	335	6	supra	supra	PROPN
cblr-8638	335	7	note	note	VERB
cblr-8638	335	8	56	56	NUM
cblr-8638	335	9	.	.	NOUN
cblr-8638	335	10	77	77	NUM
cblr-8638	335	11	see	see	VERB
cblr-8638	335	12	oscar	oscar	PROPN
cblr-8638	335	13	bernal	bernal	PROPN
cblr-8638	335	14	,	,	PUNCT
cblr-8638	335	15	astrid	astrid	PROPN
cblr-8638	335	16	herinckx	herinckx	PROPN
cblr-8638	335	17	&	&	CCONJ
cblr-8638	335	18	ariane	ariane	PROPN
cblr-8638	335	19	szafarz	szafarz	PROPN
cblr-8638	335	20	,	,	PUNCT
cblr-8638	335	21	which	which	PRON
cblr-8638	335	22	shortselling	shortselle	VERB
cblr-8638	335	23	regulation	regulation	NOUN
cblr-8638	335	24	is	be	AUX
cblr-8638	335	25	the	the	DET
cblr-8638	335	26	least	least	ADV
cblr-8638	335	27	damaging	damaging	ADJ
cblr-8638	335	28	to	to	ADP
cblr-8638	335	29	market	market	NOUN
cblr-8638	335	30	efficiency	efficiency	NOUN
cblr-8638	335	31	?	?	PUNCT
cblr-8638	336	1	evidence	evidence	NOUN
cblr-8638	336	2	from	from	ADP
cblr-8638	336	3	europe	europe	PROPN
cblr-8638	336	4	,	,	PUNCT
cblr-8638	336	5	37	37	NUM
cblr-8638	336	6	int’l	int’l	PRON
cblr-8638	336	7	rev	rev	VERB
cblr-8638	336	8	.	.	PROPN
cblr-8638	336	9	l.	l.	PROPN
cblr-8638	336	10	&	&	CCONJ
cblr-8638	336	11	econ	econ	PROPN
cblr-8638	336	12	.	.	PUNCT
cblr-8638	337	1	244	244	NUM
cblr-8638	337	2	,	,	PUNCT
cblr-8638	337	3	244–45	244–45	NUM
cblr-8638	337	4	,	,	PUNCT
cblr-8638	337	5	253	253	NUM
cblr-8638	337	6	(	(	PUNCT
cblr-8638	337	7	2014	2014	NUM
cblr-8638	337	8	)	)	PUNCT
cblr-8638	337	9	;	;	PUNCT
cblr-8638	337	10	douglas	douglas	PROPN
cblr-8638	337	11	w.	w.	PROPN
cblr-8638	337	12	diamond	diamond	PROPN
cblr-8638	337	13	&	&	CCONJ
cblr-8638	337	14	robert	robert	PROPN
cblr-8638	337	15	e.	e.	PROPN
cblr-8638	337	16	verrecchia	verrecchia	PROPN
cblr-8638	337	17	,	,	PUNCT
cblr-8638	337	18	constraints	constraint	NOUN
cblr-8638	337	19	on	on	ADP
cblr-8638	337	20	short	short	ADJ
cblr-8638	337	21	-	-	PUNCT
cblr-8638	337	22	selling	sell	VERB
cblr-8638	337	23	and	and	CCONJ
cblr-8638	337	24	asset	asset	NOUN
cblr-8638	337	25	price	price	NOUN
cblr-8638	337	26	adjustment	adjustment	NOUN
cblr-8638	337	27	to	to	ADP
cblr-8638	337	28	private	private	ADJ
cblr-8638	337	29	information	information	NOUN
cblr-8638	337	30	,	,	PUNCT
cblr-8638	337	31	18	18	NUM
cblr-8638	337	32	j.	j.	PROPN
cblr-8638	337	33	fin	fin	PROPN
cblr-8638	337	34	.	.	PUNCT
cblr-8638	337	35	econ	econ	PROPN
cblr-8638	337	36	.	.	PUNCT
cblr-8638	338	1	277	277	NUM
cblr-8638	338	2	,	,	PUNCT
cblr-8638	338	3	292	292	NUM
cblr-8638	338	4	(	(	PUNCT
cblr-8638	338	5	1987	1987	NUM
cblr-8638	338	6	)	)	PUNCT
cblr-8638	338	7	.	.	PUNCT
cblr-8638	339	1	78	78	NUM
cblr-8638	339	2	see	see	VERB
cblr-8638	339	3	jonathan	jonathan	PROPN
cblr-8638	339	4	macey	macey	PROPN
cblr-8638	339	5	,	,	PUNCT
cblr-8638	339	6	getting	get	VERB
cblr-8638	339	7	the	the	DET
cblr-8638	339	8	word	word	NOUN
cblr-8638	339	9	out	out	ADP
cblr-8638	339	10	about	about	ADP
cblr-8638	339	11	fraud	fraud	NOUN
cblr-8638	339	12	:	:	PUNCT
cblr-8638	339	13	a	a	DET
cblr-8638	339	14	theoretical	theoretical	ADJ
cblr-8638	339	15	analysis	analysis	NOUN
cblr-8638	339	16	of	of	ADP
cblr-8638	339	17	whistleblowing	whistleblowing	NOUN
cblr-8638	339	18	and	and	CCONJ
cblr-8638	339	19	insider	insider	NOUN
cblr-8638	339	20	trading	trading	NOUN
cblr-8638	339	21	,	,	PUNCT
cblr-8638	339	22	105	105	NUM
cblr-8638	339	23	mich	mich	X
cblr-8638	339	24	.	.	PUNCT
cblr-8638	340	1	l.	l.	PROPN
cblr-8638	340	2	rev	rev	PROPN
cblr-8638	340	3	.	.	PROPN
cblr-8638	340	4	1899	1899	NUM
cblr-8638	340	5	,	,	PUNCT
cblr-8638	340	6	1903	1903	NUM
cblr-8638	340	7	(	(	PUNCT
cblr-8638	340	8	2007	2007	NUM
cblr-8638	340	9	)	)	PUNCT
cblr-8638	340	10	(	(	PUNCT
cblr-8638	340	11	contending	contend	VERB
cblr-8638	340	12	that	that	SCONJ
cblr-8638	340	13	selling	sell	VERB
cblr-8638	340	14	short	short	ADJ
cblr-8638	340	15	“	"	PUNCT
cblr-8638	340	16	can	can	AUX
cblr-8638	340	17	credibly	credibly	ADV
cblr-8638	340	18	signal	signal	VERB
cblr-8638	340	19	the	the	DET
cblr-8638	340	20	market	market	NOUN
cblr-8638	340	21	that	that	PRON
cblr-8638	340	22	the	the	DET
cblr-8638	340	23	trader	trader	NOUN
cblr-8638	340	24	has	have	VERB
cblr-8638	340	25	negative	negative	ADJ
cblr-8638	340	26	information	information	NOUN
cblr-8638	340	27	about	about	ADP
cblr-8638	340	28	a	a	DET
cblr-8638	340	29	company	company	NOUN
cblr-8638	340	30	”	"	PUNCT
cblr-8638	340	31	)	)	PUNCT
cblr-8638	340	32	.	.	PUNCT
cblr-8638	341	1	macey	macey	PROPN
cblr-8638	341	2	8/22/2021	8/22/2021	NUM
cblr-8638	341	3	3:47	3:47	NUM
cblr-8638	341	4	pm	pm	NOUN
cblr-8638	341	5	no	no	INTJ
cblr-8638	341	6	.	.	PUNCT
cblr-8638	342	1	2:796	2:796	NUM
cblr-8638	342	2	]	]	X
cblr-8638	342	3	securities	security	NOUN
cblr-8638	342	4	regulation	regulation	NOUN
cblr-8638	342	5	and	and	CCONJ
cblr-8638	342	6	class	class	NOUN
cblr-8638	342	7	warfare	warfare	NOUN
cblr-8638	342	8	817	817	NUM
cblr-8638	342	9	reddit	reddit	NOUN
cblr-8638	342	10	should	should	AUX
cblr-8638	342	11	not	not	PART
cblr-8638	342	12	be	be	AUX
cblr-8638	342	13	subject	subject	ADJ
cblr-8638	342	14	to	to	ADP
cblr-8638	342	15	more	more	ADV
cblr-8638	342	16	stringent	stringent	ADJ
cblr-8638	342	17	regulations	regulation	NOUN
cblr-8638	342	18	than	than	ADP
cblr-8638	342	19	the	the	DET
cblr-8638	342	20	wall	wall	PROPN
cblr-8638	342	21	street	street	PROPN
cblr-8638	342	22	hedge	hedge	PROPN
cblr-8638	342	23	funds	fund	NOUN
cblr-8638	342	24	who	who	PRON
cblr-8638	342	25	receive	receive	VERB
cblr-8638	342	26	expert	expert	ADJ
cblr-8638	342	27	legal	legal	ADJ
cblr-8638	342	28	advice	advice	NOUN
cblr-8638	342	29	about	about	ADP
cblr-8638	342	30	how	how	SCONJ
cblr-8638	342	31	to	to	PART
cblr-8638	342	32	post	post	VERB
cblr-8638	342	33	negative	negative	ADJ
cblr-8638	342	34	comments	comment	NOUN
cblr-8638	342	35	without	without	ADP
cblr-8638	342	36	attracting	attract	VERB
cblr-8638	342	37	the	the	DET
cblr-8638	342	38	ire	ire	NOUN
cblr-8638	342	39	of	of	ADP
cblr-8638	342	40	regulators	regulator	NOUN
cblr-8638	342	41	.	.	PUNCT
cblr-8638	343	1	2	2	X
cblr-8638	343	2	.	.	X
cblr-8638	343	3	robinhood	robinhood	PROPN
cblr-8638	343	4	and	and	CCONJ
cblr-8638	343	5	market	market	NOUN
cblr-8638	343	6	fairness	fairness	NOUN
cblr-8638	343	7	the	the	DET
cblr-8638	343	8	broker	broker	NOUN
cblr-8638	343	9	-	-	PUNCT
cblr-8638	343	10	dealer	dealer	NOUN
cblr-8638	343	11	firm	firm	NOUN
cblr-8638	343	12	robinhood	robinhood	PROPN
cblr-8638	343	13	was	be	AUX
cblr-8638	343	14	at	at	ADP
cblr-8638	343	15	the	the	DET
cblr-8638	343	16	center	center	NOUN
cblr-8638	343	17	of	of	ADP
cblr-8638	343	18	the	the	DET
cblr-8638	343	19	trading79	trading79	NOUN
cblr-8638	343	20	in	in	ADP
cblr-8638	343	21	what	what	PRON
cblr-8638	343	22	was	be	AUX
cblr-8638	343	23	one	one	NUM
cblr-8638	343	24	of	of	ADP
cblr-8638	343	25	the	the	DET
cblr-8638	343	26	most	most	ADV
cblr-8638	343	27	actively	actively	ADV
cblr-8638	343	28	-	-	PUNCT
cblr-8638	343	29	traded	trade	VERB
cblr-8638	343	30	stocks	stock	NOUN
cblr-8638	343	31	in	in	ADP
cblr-8638	343	32	the	the	DET
cblr-8638	343	33	world	world	NOUN
cblr-8638	343	34	in	in	ADP
cblr-8638	343	35	early	early	ADJ
cblr-8638	343	36	2021	2021	NUM
cblr-8638	343	37	,	,	PUNCT
cblr-8638	343	38	gamestop	gamestop	NOUN
cblr-8638	343	39	.	.	PUNCT
cblr-8638	344	1	197,157,900	197,157,900	NUM
cblr-8638	344	2	shares	share	NOUN
cblr-8638	344	3	changed	change	VERB
cblr-8638	344	4	hands	hand	NOUN
cblr-8638	344	5	on	on	ADP
cblr-8638	344	6	the	the	DET
cblr-8638	344	7	stock	stock	NOUN
cblr-8638	344	8	’s	’s	PART
cblr-8638	344	9	most	most	ADV
cblr-8638	344	10	active	active	ADJ
cblr-8638	344	11	day	day	NOUN
cblr-8638	344	12	of	of	ADP
cblr-8638	344	13	trading	trading	NOUN
cblr-8638	344	14	,	,	PUNCT
cblr-8638	344	15	friday	friday	PROPN
cblr-8638	344	16	,	,	PUNCT
cblr-8638	344	17	january	january	PROPN
cblr-8638	344	18	22	22	NUM
cblr-8638	344	19	,	,	PUNCT
cblr-8638	344	20	2021.80	2021.80	NUM
cblr-8638	344	21	robinhood	robinhood	NOUN
cblr-8638	344	22	is	be	AUX
cblr-8638	344	23	known	know	VERB
cblr-8638	344	24	as	as	ADP
cblr-8638	344	25	a	a	DET
cblr-8638	344	26	controversial	controversial	ADJ
cblr-8638	344	27	online	online	ADJ
cblr-8638	344	28	brokerage	brokerage	NOUN
cblr-8638	344	29	firm	firm	NOUN
cblr-8638	344	30	that	that	PRON
cblr-8638	344	31	promises	promise	VERB
cblr-8638	344	32	its	its	PRON
cblr-8638	344	33	investors	investor	NOUN
cblr-8638	344	34	commission	commission	NOUN
cblr-8638	344	35	-	-	PUNCT
cblr-8638	344	36	free	free	ADJ
cblr-8638	344	37	trades	trade	NOUN
cblr-8638	344	38	.	.	PUNCT
cblr-8638	345	1	however	however	ADV
cblr-8638	345	2	,	,	PUNCT
cblr-8638	345	3	it	it	PRON
cblr-8638	345	4	does	do	AUX
cblr-8638	345	5	so	so	ADV
cblr-8638	345	6	by	by	ADP
cblr-8638	345	7	selling	sell	VERB
cblr-8638	345	8	its	its	PRON
cblr-8638	345	9	customers	customer	NOUN
cblr-8638	345	10	’	'	PUNCT
cblr-8638	345	11	order	order	NOUN
cblr-8638	345	12	flow	flow	NOUN
cblr-8638	345	13	to	to	ADP
cblr-8638	345	14	high	high	ADJ
cblr-8638	345	15	-	-	PUNCT
cblr-8638	345	16	frequency	frequency	NOUN
cblr-8638	345	17	traders	trader	NOUN
cblr-8638	345	18	(	(	PUNCT
cblr-8638	345	19	hfts	hft	NOUN
cblr-8638	345	20	)	)	PUNCT
cblr-8638	345	21	and	and	CCONJ
cblr-8638	345	22	market	market	NOUN
cblr-8638	345	23	makers	maker	NOUN
cblr-8638	345	24	such	such	ADJ
cblr-8638	345	25	as	as	ADP
cblr-8638	345	26	citadel	citadel	PROPN
cblr-8638	345	27	and	and	CCONJ
cblr-8638	345	28	virtu	virtu	PROPN
cblr-8638	345	29	financial	financial	NOUN
cblr-8638	345	30	,	,	PUNCT
cblr-8638	345	31	sometimes	sometimes	ADV
cblr-8638	345	32	without	without	ADP
cblr-8638	345	33	much	much	ADJ
cblr-8638	345	34	in	in	ADP
cblr-8638	345	35	the	the	DET
cblr-8638	345	36	way	way	NOUN
cblr-8638	345	37	of	of	ADP
cblr-8638	345	38	disclosure.81	disclosure.81	NOUN
cblr-8638	345	39	scholars	scholar	NOUN
cblr-8638	345	40	have	have	AUX
cblr-8638	345	41	noted	note	VERB
cblr-8638	345	42	that	that	SCONJ
cblr-8638	345	43	:	:	PUNCT
cblr-8638	345	44	robinhood	robinhood	PROPN
cblr-8638	345	45	(	(	PUNCT
cblr-8638	345	46	rh	rh	PROPN
cblr-8638	345	47	)	)	PUNCT
cblr-8638	345	48	was	be	AUX
cblr-8638	345	49	founded	found	VERB
cblr-8638	345	50	in	in	ADP
cblr-8638	345	51	2013	2013	NUM
cblr-8638	345	52	based	base	VERB
cblr-8638	345	53	on	on	ADP
cblr-8638	345	54	a	a	DET
cblr-8638	345	55	business	business	NOUN
cblr-8638	345	56	plan	plan	NOUN
cblr-8638	345	57	to	to	PART
cblr-8638	345	58	make	make	VERB
cblr-8638	345	59	it	it	PRON
cblr-8638	345	60	easier	easy	ADJ
cblr-8638	345	61	and	and	CCONJ
cblr-8638	345	62	cheaper	cheap	ADJ
cblr-8638	345	63	for	for	SCONJ
cblr-8638	345	64	small	small	ADJ
cblr-8638	345	65	investors	investor	NOUN
cblr-8638	345	66	to	to	PART
cblr-8638	345	67	participate	participate	VERB
cblr-8638	345	68	in	in	ADP
cblr-8638	345	69	the	the	DET
cblr-8638	345	70	stock	stock	NOUN
cblr-8638	345	71	and	and	CCONJ
cblr-8638	345	72	option	option	NOUN
cblr-8638	345	73	markets	market	NOUN
cblr-8638	345	74	.	.	PUNCT
cblr-8638	346	1	rh	rh	NOUN
cblr-8638	346	2	never	never	ADV
cblr-8638	346	3	charged	charge	VERB
cblr-8638	346	4	brokerage	brokerage	NOUN
cblr-8638	346	5	fees	fee	NOUN
cblr-8638	346	6	,	,	PUNCT
cblr-8638	346	7	which	which	PRON
cblr-8638	346	8	allowed	allow	VERB
cblr-8638	346	9	their	their	PRON
cblr-8638	346	10	clients	client	NOUN
cblr-8638	346	11	to	to	PART
cblr-8638	346	12	buy	buy	VERB
cblr-8638	346	13	and	and	CCONJ
cblr-8638	346	14	sell	sell	VERB
cblr-8638	346	15	single	single	ADJ
cblr-8638	346	16	(	(	PUNCT
cblr-8638	346	17	and	and	CCONJ
cblr-8638	346	18	even	even	ADV
cblr-8638	346	19	fractional	fractional	ADJ
cblr-8638	346	20	)	)	PUNCT
cblr-8638	346	21	shares	share	NOUN
cblr-8638	346	22	of	of	ADP
cblr-8638	346	23	stocks	stock	NOUN
cblr-8638	346	24	.	.	PUNCT
cblr-8638	347	1	rh	rh	PROPN
cblr-8638	348	1	[	[	X
cblr-8638	348	2	]	]	X
cblr-8638	348	3	also	also	ADV
cblr-8638	348	4	appealed	appeal	VERB
cblr-8638	348	5	to	to	ADP
cblr-8638	348	6	customers	customer	NOUN
cblr-8638	348	7	with	with	ADP
cblr-8638	348	8	many	many	ADJ
cblr-8638	348	9	other	other	ADJ
cblr-8638	348	10	small	small	ADJ
cblr-8638	348	11	technological	technological	ADJ
cblr-8638	348	12	innovations	innovation	NOUN
cblr-8638	348	13	,	,	PUNCT
cblr-8638	348	14	such	such	ADJ
cblr-8638	348	15	as	as	ADP
cblr-8638	348	16	a	a	DET
cblr-8638	348	17	friendly	friendly	ADJ
cblr-8638	348	18	mobile	mobile	ADJ
cblr-8638	348	19	-	-	PUNCT
cblr-8638	348	20	first	first	ADJ
cblr-8638	348	21	user	user	NOUN
cblr-8638	348	22	interface	interface	NOUN
cblr-8638	348	23	.	.	PUNCT
cblr-8638	349	1	rh	rh	PROPN
cblr-8638	349	2	itself	itself	PRON
cblr-8638	349	3	earns	earn	VERB
cblr-8638	349	4	its	its	PRON
cblr-8638	349	5	own	own	ADJ
cblr-8638	349	6	revenues	revenue	NOUN
cblr-8638	349	7	through	through	ADP
cblr-8638	349	8	margin	margin	NOUN
cblr-8638	349	9	79	79	NUM
cblr-8638	349	10	see	see	NOUN
cblr-8638	349	11	supra	supra	PROPN
cblr-8638	349	12	note	note	PROPN
cblr-8638	349	13	33	33	NUM
cblr-8638	349	14	and	and	CCONJ
cblr-8638	349	15	accompanying	accompany	VERB
cblr-8638	349	16	text	text	NOUN
cblr-8638	349	17	.	.	PUNCT
cblr-8638	350	1	80	80	NUM
cblr-8638	350	2	gamestop	gamestop	PROPN
cblr-8638	350	3	corp	corp	PROPN
cblr-8638	350	4	.	.	PROPN
cblr-8638	350	5	historical	historical	PROPN
cblr-8638	350	6	data	data	PROPN
cblr-8638	350	7	,	,	PUNCT
cblr-8638	350	8	yahoo	yahoo	PROPN
cblr-8638	350	9	!	!	PUNCT
cblr-8638	350	10	:	:	PUNCT
cblr-8638	351	1	fin	fin	NOUN
cblr-8638	351	2	.	.	PUNCT
cblr-8638	351	3	,	,	PUNCT
cblr-8638	352	1	https://finance.yahoo.com/quote/gme/history	https://finance.yahoo.com/quote/gme/history	PROPN
cblr-8638	352	2	[	[	X
cblr-8638	352	3	https://perma.cc/dt42-us7h	https://perma.cc/dt42-us7h	NUM
cblr-8638	352	4	]	]	X
cblr-8638	352	5	(	(	PUNCT
cblr-8638	352	6	last	last	ADJ
cblr-8638	352	7	visited	visit	VERB
cblr-8638	352	8	feb	feb	PROPN
cblr-8638	352	9	.	.	PROPN
cblr-8638	352	10	22	22	NUM
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cblr-8638	352	12	2021	2021	NUM
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cblr-8638	352	14	.	.	PUNCT
cblr-8638	353	1	81	81	NUM
cblr-8638	353	2	press	press	NOUN
cblr-8638	353	3	release	release	NOUN
cblr-8638	353	4	,	,	PUNCT
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cblr-8638	353	6	.	.	PROPN
cblr-8638	353	7	sec	sec	PROPN
cblr-8638	353	8	.	.	PROPN
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cblr-8638	353	10	exch	exch	PROPN
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cblr-8638	354	2	,	,	PUNCT
cblr-8638	354	3	sec	sec	PROPN
cblr-8638	354	4	charges	charge	VERB
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cblr-8638	354	8	misleading	mislead	VERB
cblr-8638	354	9	customers	customer	NOUN
cblr-8638	354	10	about	about	ADP
cblr-8638	354	11	revenue	revenue	NOUN
cblr-8638	354	12	sources	source	NOUN
cblr-8638	354	13	and	and	CCONJ
cblr-8638	354	14	failing	fail	VERB
cblr-8638	354	15	to	to	PART
cblr-8638	354	16	satisfy	satisfy	VERB
cblr-8638	354	17	duty	duty	NOUN
cblr-8638	354	18	of	of	ADP
cblr-8638	354	19	best	good	ADJ
cblr-8638	354	20	execution	execution	NOUN
cblr-8638	354	21	(	(	PUNCT
cblr-8638	354	22	dec	dec	PROPN
cblr-8638	354	23	.	.	PROPN
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cblr-8638	354	33	dave	dave	PROPN
cblr-8638	354	34	michaels	michaels	PROPN
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cblr-8638	354	37	osipovich	osipovich	PROPN
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cblr-8638	354	39	new	new	ADJ
cblr-8638	354	40	sec	sec	PROPN
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cblr-8638	354	43	sights	sight	NOUN
cblr-8638	354	44	on	on	ADP
cblr-8638	354	45	citadel	citadel	PROPN
cblr-8638	354	46	securities	securities	PROPN
cblr-8638	354	47	and	and	CCONJ
cblr-8638	354	48	virtu	virtu	PROPN
cblr-8638	354	49	,	,	PUNCT
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cblr-8638	355	4	,	,	PUNCT
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cblr-8638	355	6	,	,	PUNCT
cblr-8638	355	7	12:00	12:00	NUM
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cblr-8638	356	3	file	file	NOUN
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cblr-8638	356	11	,	,	PUNCT
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cblr-8638	356	13	.	.	PUNCT
cblr-8638	356	14	macey	macey	PROPN
cblr-8638	356	15	8/22/2021	8/22/2021	NUM
cblr-8638	356	16	3:47	3:47	NUM
cblr-8638	356	17	pm	pm	PROPN
cblr-8638	356	18	818	818	NUM
cblr-8638	356	19	columbia	columbia	PROPN
cblr-8638	356	20	business	business	NOUN
cblr-8638	356	21	law	law	PROPN
cblr-8638	356	22	review	review	NOUN
cblr-8638	357	1	[	[	X
cblr-8638	357	2	vol	vol	NOUN
cblr-8638	357	3	.	.	PUNCT
cblr-8638	357	4	2021	2021	NUM
cblr-8638	357	5	fees	fee	NOUN
cblr-8638	357	6	,	,	PUNCT
cblr-8638	357	7	cash	cash	NOUN
cblr-8638	357	8	balance	balance	NOUN
cblr-8638	357	9	interest	interest	NOUN
cblr-8638	357	10	,	,	PUNCT
cblr-8638	357	11	and	and	CCONJ
cblr-8638	357	12	payment	payment	NOUN
cblr-8638	357	13	-	-	PUNCT
cblr-8638	357	14	for	for	ADP
cblr-8638	357	15	-	-	PUNCT
cblr-8638	357	16	order	order	NOUN
cblr-8638	357	17	flow.82	flow.82	NOUN
cblr-8638	357	18	robinhood	robinhood	NOUN
cblr-8638	357	19	has	have	VERB
cblr-8638	357	20	about	about	ADV
cblr-8638	357	21	13	13	NUM
cblr-8638	357	22	million	million	NUM
cblr-8638	357	23	retail	retail	ADJ
cblr-8638	357	24	investor	investor	NOUN
cblr-8638	357	25	clients	client	NOUN
cblr-8638	357	26	.	.	PUNCT
cblr-8638	358	1	83	83	NUM
cblr-8638	358	2	although	although	SCONJ
cblr-8638	358	3	it	it	PRON
cblr-8638	358	4	is	be	AUX
cblr-8638	358	5	a	a	DET
cblr-8638	358	6	private	private	ADJ
cblr-8638	358	7	company	company	NOUN
cblr-8638	358	8	,	,	PUNCT
cblr-8638	358	9	robinhood	robinhood	PROPN
cblr-8638	358	10	has	have	VERB
cblr-8638	358	11	a	a	DET
cblr-8638	358	12	reported	report	VERB
cblr-8638	358	13	value	value	NOUN
cblr-8638	358	14	of	of	ADP
cblr-8638	358	15	$	$	SYM
cblr-8638	358	16	11.2	11.2	NUM
cblr-8638	358	17	billion.84	billion.84	ADP
cblr-8638	358	18	its	its	PRON
cblr-8638	358	19	retail	retail	ADJ
cblr-8638	358	20	customers	customer	NOUN
cblr-8638	358	21	are	be	AUX
cblr-8638	358	22	thought	think	VERB
cblr-8638	358	23	to	to	PART
cblr-8638	358	24	be	be	AUX
cblr-8638	358	25	primarily	primarily	ADV
cblr-8638	358	26	“	"	PUNCT
cblr-8638	358	27	small	small	ADJ
cblr-8638	358	28	,	,	PUNCT
cblr-8638	358	29	young	young	ADJ
cblr-8638	358	30	,	,	PUNCT
cblr-8638	358	31	computer	computer	NOUN
cblr-8638	358	32	-	-	PUNCT
cblr-8638	358	33	savvy	savvy	ADJ
cblr-8638	358	34	but	but	CCONJ
cblr-8638	358	35	novice	novice	NOUN
cblr-8638	358	36	investors	investor	NOUN
cblr-8638	358	37	.	.	PUNCT
cblr-8638	359	1	”85	”85	VERB
cblr-8638	359	2	in	in	ADP
cblr-8638	359	3	fact	fact	NOUN
cblr-8638	359	4	,	,	PUNCT
cblr-8638	359	5	robinhood	robinhood	PROPN
cblr-8638	359	6	has	have	AUX
cblr-8638	359	7	told	tell	VERB
cblr-8638	359	8	journalists	journalist	NOUN
cblr-8638	359	9	that	that	SCONJ
cblr-8638	359	10	“	"	PUNCT
cblr-8638	359	11	first	first	ADJ
cblr-8638	359	12	-	-	PUNCT
cblr-8638	359	13	time	time	NOUN
cblr-8638	359	14	investors	investor	NOUN
cblr-8638	359	15	accounted	account	VERB
cblr-8638	359	16	for	for	ADP
cblr-8638	359	17	1.5	1.5	NUM
cblr-8638	359	18	million	million	NUM
cblr-8638	359	19	of	of	ADP
cblr-8638	359	20	its	its	PRON
cblr-8638	359	21	3	3	NUM
cblr-8638	359	22	million	million	NUM
cblr-8638	359	23	funded	funded	ADJ
cblr-8638	359	24	accounts	account	NOUN
cblr-8638	359	25	opened	open	VERB
cblr-8638	359	26	in	in	ADP
cblr-8638	359	27	the	the	DET
cblr-8638	359	28	first	first	ADJ
cblr-8638	359	29	four	four	NUM
cblr-8638	359	30	months	month	NOUN
cblr-8638	359	31	of	of	ADP
cblr-8638	359	32	2020.”86	2020.”86	NUM
cblr-8638	359	33	traders	trader	NOUN
cblr-8638	359	34	on	on	ADP
cblr-8638	359	35	robinhood	robinhood	PROPN
cblr-8638	359	36	typically	typically	ADV
cblr-8638	359	37	make	make	VERB
cblr-8638	359	38	modest	modest	ADJ
cblr-8638	359	39	investments	investment	NOUN
cblr-8638	359	40	in	in	ADP
cblr-8638	359	41	equity	equity	NOUN
cblr-8638	359	42	securities	security	NOUN
cblr-8638	359	43	,	,	PUNCT
cblr-8638	359	44	reportedly	reportedly	ADV
cblr-8638	359	45	about	about	ADP
cblr-8638	359	46	$	$	SYM
cblr-8638	359	47	2,000	2,000	NUM
cblr-8638	359	48	on	on	ADP
cblr-8638	359	49	average.87	average.87	VERB
cblr-8638	359	50	despite	despite	SCONJ
cblr-8638	359	51	its	its	PRON
cblr-8638	359	52	predominantly	predominantly	ADV
cblr-8638	359	53	novice	novice	NOUN
cblr-8638	359	54	clientele	clientele	NOUN
cblr-8638	359	55	and	and	CCONJ
cblr-8638	359	56	modest	modest	ADJ
cblr-8638	359	57	investments	investment	NOUN
cblr-8638	359	58	,	,	PUNCT
cblr-8638	359	59	robinhood	robinhood	PROPN
cblr-8638	359	60	has	have	AUX
cblr-8638	359	61	become	become	VERB
cblr-8638	359	62	a	a	DET
cblr-8638	359	63	disruptive	disruptive	ADJ
cblr-8638	359	64	force	force	NOUN
cblr-8638	359	65	on	on	ADP
cblr-8638	359	66	the	the	DET
cblr-8638	359	67	investing	investing	NOUN
cblr-8638	359	68	landscape	landscape	NOUN
cblr-8638	359	69	.	.	PUNCT
cblr-8638	360	1	the	the	DET
cblr-8638	360	2	company	company	NOUN
cblr-8638	360	3	’s	’s	PART
cblr-8638	360	4	rapid	rapid	ADJ
cblr-8638	360	5	growth	growth	NOUN
cblr-8638	360	6	is	be	AUX
cblr-8638	360	7	said	say	VERB
cblr-8638	360	8	to	to	PART
cblr-8638	360	9	have	have	AUX
cblr-8638	360	10	led	lead	VERB
cblr-8638	360	11	other	other	ADJ
cblr-8638	360	12	rival	rival	ADJ
cblr-8638	360	13	brokerage	brokerage	NOUN
cblr-8638	360	14	firms	firm	NOUN
cblr-8638	360	15	to	to	PART
cblr-8638	360	16	abandon	abandon	VERB
cblr-8638	360	17	brokerage	brokerage	NOUN
cblr-8638	360	18	fees	fee	NOUN
cblr-8638	360	19	so	so	SCONJ
cblr-8638	360	20	that	that	SCONJ
cblr-8638	360	21	they	they	PRON
cblr-8638	360	22	can	can	AUX
cblr-8638	360	23	continue	continue	VERB
cblr-8638	360	24	competing	compete	VERB
cblr-8638	360	25	for	for	ADP
cblr-8638	360	26	investor	investor	NOUN
cblr-8638	360	27	client	client	NOUN
cblr-8638	360	28	bases.88	bases.88	PROPN
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cblr-8638	360	30	company	company	NOUN
cblr-8638	360	31	’s	’s	PART
cblr-8638	360	32	success	success	NOUN
cblr-8638	360	33	is	be	AUX
cblr-8638	360	34	also	also	ADV
cblr-8638	360	35	reputed	repute	VERB
cblr-8638	360	36	to	to	PART
cblr-8638	360	37	have	have	AUX
cblr-8638	360	38	helped	help	VERB
cblr-8638	360	39	induce	induce	VERB
cblr-8638	360	40	the	the	DET
cblr-8638	360	41	merger	merger	NOUN
cblr-8638	360	42	between	between	ADP
cblr-8638	360	43	charles	charles	PROPN
cblr-8638	360	44	schwab	schwab	PROPN
cblr-8638	360	45	and	and	CCONJ
cblr-8638	360	46	ameritrade.89	ameritrade.89	PROPN
cblr-8638	360	47	82	82	PROPN
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cblr-8638	360	49	welch	welch	PROPN
cblr-8638	360	50	,	,	PUNCT
cblr-8638	360	51	the	the	DET
cblr-8638	360	52	wisdom	wisdom	NOUN
cblr-8638	360	53	of	of	ADP
cblr-8638	360	54	the	the	DET
cblr-8638	360	55	robinhood	robinhood	PROPN
cblr-8638	360	56	crowd	crowd	NOUN
cblr-8638	360	57	2	2	NUM
cblr-8638	360	58	(	(	PUNCT
cblr-8638	360	59	nat’l	nat’l	NUM
cblr-8638	360	60	bureau	bureau	PROPN
cblr-8638	360	61	of	of	ADP
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cblr-8638	360	63	.	.	PUNCT
cblr-8638	361	1	rsch	rsch	PROPN
cblr-8638	361	2	.	.	PUNCT
cblr-8638	361	3	,	,	PUNCT
cblr-8638	362	1	working	work	VERB
cblr-8638	362	2	paper	paper	NOUN
cblr-8638	362	3	no	no	INTJ
cblr-8638	362	4	.	.	PROPN
cblr-8638	362	5	27866	27866	NUM
cblr-8638	362	6	,	,	PUNCT
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cblr-8638	362	9	,	,	PUNCT
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cblr-8638	364	1	[	[	X
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cblr-8638	364	3	]	]	X
cblr-8638	364	4	.	.	PUNCT
cblr-8638	365	1	83	83	NUM
cblr-8638	366	1	i	i	PRON
cblr-8638	366	2	d.	d.	PROPN
cblr-8638	366	3	84	84	NUM
cblr-8638	367	1	i	i	PRON
cblr-8638	367	2	d.	d.	PROPN
cblr-8638	367	3	85	85	NUM
cblr-8638	367	4	i	i	PROPN
cblr-8638	367	5	d.	d.	PROPN
cblr-8638	367	6	86	86	NUM
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cblr-8638	367	9	&	&	CCONJ
cblr-8638	367	10	mischa	mischa	PROPN
cblr-8638	367	11	frankl	frankl	PROPN
cblr-8638	367	12	-	-	PUNCT
cblr-8638	367	13	duval	duval	PROPN
cblr-8638	367	14	,	,	PUNCT
cblr-8638	367	15	the	the	DET
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cblr-8638	367	23	now	now	ADV
cblr-8638	367	24	,	,	PUNCT
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cblr-8638	368	21	,	,	PUNCT
cblr-8638	368	22	2:36	2:36	NUM
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cblr-8638	368	25	.	.	PUNCT
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cblr-8638	370	1	i	i	PRON
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cblr-8638	371	2	d.	d.	PROPN
cblr-8638	371	3	at	at	ADP
cblr-8638	371	4	8	8	NUM
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cblr-8638	371	6	see	see	VERB
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cblr-8638	371	8	press	press	NOUN
cblr-8638	371	9	release	release	NOUN
cblr-8638	371	10	,	,	PUNCT
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cblr-8638	371	22	(	(	PUNCT
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cblr-8638	371	24	.	.	PROPN
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cblr-8638	372	1	[	[	X
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cblr-8638	373	1	[	[	X
cblr-8638	373	2	https://perma.cc/r9ej3cbu	https://perma.cc/r9ej3cbu	PROPN
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cblr-8638	374	3	securities	security	NOUN
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cblr-8638	374	8	819	819	NUM
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cblr-8638	374	43	2020.90	2020.90	NUM
cblr-8638	374	44	welch	welch	PROPN
cblr-8638	374	45	found	find	VERB
cblr-8638	374	46	that	that	SCONJ
cblr-8638	374	47	robinhood	robinhood	PROPN
cblr-8638	374	48	investors	investor	NOUN
cblr-8638	374	49	invested	invest	VERB
cblr-8638	374	50	somewhat	somewhat	ADV
cblr-8638	374	51	idiosyncratically	idiosyncratically	ADV
cblr-8638	374	52	compared	compare	VERB
cblr-8638	374	53	with	with	ADP
cblr-8638	374	54	professional	professional	ADJ
cblr-8638	374	55	investors	investor	NOUN
cblr-8638	374	56	,	,	PUNCT
cblr-8638	374	57	as	as	SCONJ
cblr-8638	374	58	displayed	display	VERB
cblr-8638	374	59	in	in	ADP
cblr-8638	374	60	their	their	PRON
cblr-8638	374	61	noteworthy	noteworthy	ADJ
cblr-8638	374	62	investments	investment	NOUN
cblr-8638	374	63	in	in	ADP
cblr-8638	374	64	the	the	DET
cblr-8638	374	65	physical	physical	ADJ
cblr-8638	374	66	infrastructure	infrastructure	NOUN
cblr-8638	374	67	and	and	CCONJ
cblr-8638	374	68	cannabis	cannabis	NOUN
cblr-8638	374	69	company	company	PROPN
cblr-8638	374	70	india	india	PROPN
cblr-8638	374	71	globalization	globalization	PROPN
cblr-8638	374	72	capital	capital	PROPN
cblr-8638	374	73	,	,	PUNCT
cblr-8638	374	74	inc	inc	PROPN
cblr-8638	374	75	.	.	PROPN
cblr-8638	375	1	(	(	PUNCT
cblr-8638	375	2	igc).91	igc).91	NOUN
cblr-8638	375	3	this	this	DET
cblr-8638	375	4	company	company	NOUN
cblr-8638	375	5	has	have	AUX
cblr-8638	375	6	also	also	ADV
cblr-8638	375	7	attracted	attract	VERB
cblr-8638	375	8	the	the	DET
cblr-8638	375	9	attention	attention	NOUN
cblr-8638	375	10	of	of	ADP
cblr-8638	375	11	regulators	regulator	NOUN
cblr-8638	375	12	for	for	ADP
cblr-8638	375	13	making	make	VERB
cblr-8638	375	14	claims	claim	NOUN
cblr-8638	375	15	about	about	ADP
cblr-8638	375	16	the	the	DET
cblr-8638	375	17	efficacy	efficacy	NOUN
cblr-8638	375	18	of	of	ADP
cblr-8638	375	19	cannabis	cannabis	NOUN
cblr-8638	375	20	in	in	ADP
cblr-8638	375	21	treating	treat	VERB
cblr-8638	375	22	alzheimer	alzheimer	PROPN
cblr-8638	375	23	’s	’s	PART
cblr-8638	375	24	disease.92	disease.92	NOUN
cblr-8638	375	25	but	but	CCONJ
cblr-8638	375	26	as	as	ADP
cblr-8638	375	27	a	a	DET
cblr-8638	375	28	whole	whole	NOUN
cblr-8638	375	29	,	,	PUNCT
cblr-8638	375	30	robinhood	robinhood	PROPN
cblr-8638	375	31	retail	retail	PROPN
cblr-8638	375	32	investors	investor	NOUN
cblr-8638	375	33	mainly	mainly	ADV
cblr-8638	375	34	invested	invest	VERB
cblr-8638	375	35	in	in	ADP
cblr-8638	375	36	the	the	DET
cblr-8638	375	37	more	more	ADV
cblr-8638	375	38	traditional	traditional	ADJ
cblr-8638	375	39	stocks	stock	NOUN
cblr-8638	375	40	of	of	ADP
cblr-8638	375	41	large	large	ADJ
cblr-8638	375	42	capital	capital	NOUN
cblr-8638	375	43	issuers	issuer	NOUN
cblr-8638	375	44	such	such	ADJ
cblr-8638	375	45	as	as	ADP
cblr-8638	375	46	“	"	PUNCT
cblr-8638	375	47	disney	disney	NOUN
cblr-8638	375	48	,	,	PUNCT
cblr-8638	375	49	g[eneral	g[eneral	PROPN
cblr-8638	375	50	electric	electric	PROPN
cblr-8638	375	51	]	]	PUNCT
cblr-8638	375	52	,	,	PUNCT
cblr-8638	375	53	ford	ford	NOUN
cblr-8638	375	54	,	,	PUNCT
cblr-8638	375	55	and	and	CCONJ
cblr-8638	375	56	airline	airline	NOUN
cblr-8638	375	57	stocks	stock	NOUN
cblr-8638	375	58	,	,	PUNCT
cblr-8638	375	59	”	"	PUNCT
cblr-8638	375	60	particularly	particularly	ADV
cblr-8638	375	61	american	american	ADJ
cblr-8638	375	62	airlines.93	airlines.93	PROPN
cblr-8638	375	63	the	the	DET
cblr-8638	375	64	more	more	ADV
cblr-8638	375	65	traditional	traditional	ADJ
cblr-8638	375	66	investments	investment	NOUN
cblr-8638	375	67	tended	tend	VERB
cblr-8638	375	68	to	to	PART
cblr-8638	375	69	be	be	AUX
cblr-8638	375	70	among	among	ADP
cblr-8638	375	71	businesses	business	NOUN
cblr-8638	375	72	that	that	PRON
cblr-8638	375	73	were	be	AUX
cblr-8638	375	74	familiar	familiar	ADJ
cblr-8638	375	75	to	to	ADP
cblr-8638	375	76	retail	retail	ADJ
cblr-8638	375	77	consumers94	consumers94	NOUN
cblr-8638	375	78	and	and	CCONJ
cblr-8638	375	79	supplied	supply	VERB
cblr-8638	375	80	“	"	PUNCT
cblr-8638	375	81	products	product	NOUN
cblr-8638	375	82	familiar	familiar	ADJ
cblr-8638	375	83	to	to	ADP
cblr-8638	375	84	computersavvy	computersavvy	NOUN
cblr-8638	375	85	millennials	millennial	NOUN
cblr-8638	375	86	.	.	PUNCT
cblr-8638	376	1	”95	”95	NOUN
cblr-8638	376	2	in	in	ADP
cblr-8638	376	3	a	a	DET
cblr-8638	376	4	nutshell	nutshell	NOUN
cblr-8638	376	5	,	,	PUNCT
cblr-8638	376	6	while	while	SCONJ
cblr-8638	376	7	robinhood	robinhood	PROPN
cblr-8638	376	8	retail	retail	PROPN
cblr-8638	376	9	investors	investor	NOUN
cblr-8638	376	10	were	be	AUX
cblr-8638	376	11	not	not	PART
cblr-8638	376	12	outperforming	outperform	VERB
cblr-8638	376	13	the	the	DET
cblr-8638	376	14	market	market	NOUN
cblr-8638	376	15	,	,	PUNCT
cblr-8638	376	16	they	they	PRON
cblr-8638	376	17	did	do	AUX
cblr-8638	376	18	not	not	PART
cblr-8638	376	19	perform	perform	VERB
cblr-8638	376	20	badly.96	badly.96	NOUN
cblr-8638	376	21	in	in	ADP
cblr-8638	376	22	fact	fact	NOUN
cblr-8638	376	23	,	,	PUNCT
cblr-8638	376	24	robinhood	robinhood	PROPN
cblr-8638	376	25	investors	investor	NOUN
cblr-8638	376	26	had	have	VERB
cblr-8638	376	27	a	a	DET
cblr-8638	376	28	stabilizing	stabilize	VERB
cblr-8638	376	29	effect	effect	NOUN
cblr-8638	376	30	on	on	ADP
cblr-8638	376	31	the	the	DET
cblr-8638	376	32	market	market	NOUN
cblr-8638	376	33	during	during	ADP
cblr-8638	376	34	the	the	DET
cblr-8638	376	35	turbulence	turbulence	NOUN
cblr-8638	376	36	surrounding	surround	VERB
cblr-8638	376	37	the	the	DET
cblr-8638	376	38	early	early	ADJ
cblr-8638	376	39	days	day	NOUN
cblr-8638	376	40	of	of	ADP
cblr-8638	376	41	the	the	DET
cblr-8638	376	42	covid-19	covid-19	PROPN
cblr-8638	376	43	pandemic	pandemic	NOUN
cblr-8638	376	44	,	,	PUNCT
cblr-8638	376	45	when	when	SCONJ
cblr-8638	376	46	the	the	DET
cblr-8638	376	47	market	market	NOUN
cblr-8638	376	48	dropped	drop	VERB
cblr-8638	376	49	in	in	ADP
cblr-8638	376	50	value	value	NOUN
cblr-8638	376	51	by	by	ADP
cblr-8638	376	52	onethird.97	onethird.97	NOUN
cblr-8638	376	53	during	during	ADP
cblr-8638	376	54	this	this	DET
cblr-8638	376	55	time	time	NOUN
cblr-8638	376	56	period	period	NOUN
cblr-8638	376	57	by	by	ADP
cblr-8638	376	58	silicon	silicon	PROPN
cblr-8638	376	59	valley	valley	PROPN
cblr-8638	376	60	’	'	PUNCT
cblr-8638	376	61	forced	force	VERB
cblr-8638	376	62	the	the	DET
cblr-8638	376	63	potential	potential	ADJ
cblr-8638	376	64	merger	merger	NOUN
cblr-8638	376	65	between	between	ADP
cblr-8638	376	66	charles	charles	PROPN
cblr-8638	376	67	schwab	schwab	PROPN
cblr-8638	376	68	and	and	CCONJ
cblr-8638	376	69	td	td	PROPN
cblr-8638	376	70	ameritrade	ameritrade	PROPN
cblr-8638	376	71	”	"	PUNCT
cblr-8638	376	72	)	)	PUNCT
cblr-8638	376	73	.	.	PUNCT
cblr-8638	377	1	90	90	NUM
cblr-8638	377	2	see	see	NOUN
cblr-8638	377	3	welch	welch	PROPN
cblr-8638	377	4	,	,	PUNCT
cblr-8638	377	5	supra	supra	PROPN
cblr-8638	377	6	note	note	PROPN
cblr-8638	377	7	82	82	NUM
cblr-8638	377	8	,	,	PUNCT
cblr-8638	377	9	at	at	ADP
cblr-8638	377	10	9–10	9–10	NOUN
cblr-8638	377	11	.	.	PUNCT
cblr-8638	378	1	91	91	NUM
cblr-8638	379	1	i	i	PRON
cblr-8638	379	2	d.	d.	PROPN
cblr-8638	379	3	at	at	ADP
cblr-8638	379	4	22	22	NUM
cblr-8638	379	5	(	(	PUNCT
cblr-8638	379	6	“	"	PUNCT
cblr-8638	379	7	it	it	PRON
cblr-8638	379	8	is	be	AUX
cblr-8638	379	9	difficult	difficult	ADJ
cblr-8638	379	10	to	to	PART
cblr-8638	379	11	think	think	VERB
cblr-8638	379	12	of	of	ADP
cblr-8638	379	13	a	a	DET
cblr-8638	379	14	rational	rational	ADJ
cblr-8638	379	15	portfolio	portfolio	NOUN
cblr-8638	379	16	in	in	ADP
cblr-8638	379	17	which	which	PRON
cblr-8638	379	18	igc	igc	PROPN
cblr-8638	379	19	would	would	AUX
cblr-8638	379	20	deserve	deserve	VERB
cblr-8638	379	21	an	an	DET
cblr-8638	379	22	investment	investment	NOUN
cblr-8638	379	23	weight	weight	NOUN
cblr-8638	379	24	similar	similar	ADJ
cblr-8638	379	25	to	to	ADP
cblr-8638	379	26	that	that	PRON
cblr-8638	379	27	of	of	ADP
cblr-8638	379	28	j.p	j.p	PROPN
cblr-8638	379	29	.	.	PROPN
cblr-8638	379	30	morgan	morgan	PROPN
cblr-8638	379	31	.	.	PUNCT
cblr-8638	379	32	”	"	PUNCT
cblr-8638	379	33	)	)	PUNCT
cblr-8638	379	34	.	.	PUNCT
cblr-8638	380	1	92	92	NUM
cblr-8638	380	2	press	press	NOUN
cblr-8638	380	3	release	release	NOUN
cblr-8638	380	4	,	,	PUNCT
cblr-8638	380	5	u.s	u.s	PROPN
cblr-8638	380	6	.	.	PROPN
cblr-8638	380	7	sec	sec	PROPN
cblr-8638	380	8	.	.	PROPN
cblr-8638	380	9	&	&	CCONJ
cblr-8638	380	10	exch	exch	PROPN
cblr-8638	380	11	.	.	PUNCT
cblr-8638	381	1	comm’n	comm’n	PROPN
cblr-8638	381	2	,	,	PUNCT
cblr-8638	381	3	sec	sec	PROPN
cblr-8638	381	4	files	file	NOUN
cblr-8638	381	5	settled	settle	VERB
cblr-8638	381	6	charges	charge	NOUN
cblr-8638	381	7	against	against	ADP
cblr-8638	381	8	india	india	PROPN
cblr-8638	381	9	globalization	globalization	NOUN
cblr-8638	381	10	capital	capital	NOUN
cblr-8638	381	11	and	and	CCONJ
cblr-8638	381	12	its	its	PRON
cblr-8638	381	13	ceo	ceo	NOUN
cblr-8638	381	14	for	for	ADP
cblr-8638	381	15	disclosures	disclosure	NOUN
cblr-8638	381	16	regarding	regard	VERB
cblr-8638	381	17	availability	availability	NOUN
cblr-8638	381	18	of	of	ADP
cblr-8638	381	19	its	its	PRON
cblr-8638	381	20	first	first	ADJ
cblr-8638	381	21	cannabis	cannabis	NOUN
cblr-8638	381	22	product	product	NOUN
cblr-8638	381	23	(	(	PUNCT
cblr-8638	381	24	dec	dec	PROPN
cblr-8638	381	25	.	.	PROPN
cblr-8638	381	26	21	21	NUM
cblr-8638	381	27	,	,	PUNCT
cblr-8638	381	28	2020	2020	NUM
cblr-8638	381	29	)	)	PUNCT
cblr-8638	381	30	,	,	PUNCT
cblr-8638	381	31	https://www.sec.gov/enforce/33-10908-s	https://www.sec.gov/enforce/33-10908-s	PROPN
cblr-8638	382	1	[	[	X
cblr-8638	382	2	https://perma.cc/s8sf-nudn	https://perma.cc/s8sf-nudn	X
cblr-8638	382	3	]	]	X
cblr-8638	382	4	(	(	PUNCT
cblr-8638	382	5	announcing	announce	VERB
cblr-8638	382	6	an	an	DET
cblr-8638	382	7	order	order	NOUN
cblr-8638	382	8	finding	find	VERB
cblr-8638	382	9	that	that	SCONJ
cblr-8638	382	10	igc	igc	PROPN
cblr-8638	382	11	misrepresented	misrepresent	VERB
cblr-8638	382	12	the	the	DET
cblr-8638	382	13	speed	speed	NOUN
cblr-8638	382	14	with	with	ADP
cblr-8638	382	15	which	which	PRON
cblr-8638	382	16	its	its	PRON
cblr-8638	382	17	planned	plan	VERB
cblr-8638	382	18	alzheimer	alzheimer	PROPN
cblr-8638	382	19	’s	’s	PART
cblr-8638	382	20	product	product	NOUN
cblr-8638	382	21	would	would	AUX
cblr-8638	382	22	be	be	AUX
cblr-8638	382	23	available	available	ADJ
cblr-8638	382	24	)	)	PUNCT
cblr-8638	382	25	.	.	PUNCT
cblr-8638	383	1	93	93	NUM
cblr-8638	383	2	see	see	VERB
cblr-8638	383	3	welch	welch	PROPN
cblr-8638	383	4	,	,	PUNCT
cblr-8638	383	5	supra	supra	PROPN
cblr-8638	383	6	note	note	PROPN
cblr-8638	383	7	82	82	NUM
cblr-8638	383	8	,	,	PUNCT
cblr-8638	383	9	at	at	ADP
cblr-8638	383	10	25	25	NUM
cblr-8638	383	11	.	.	PUNCT
cblr-8638	383	12	94	94	NUM
cblr-8638	384	1	i	i	PRON
cblr-8638	384	2	d.	d.	PROPN
cblr-8638	384	3	at	at	ADP
cblr-8638	384	4	26	26	NUM
cblr-8638	384	5	.	.	PUNCT
cblr-8638	385	1	95	95	NUM
cblr-8638	386	1	i	i	PRON
cblr-8638	386	2	d.	d.	PROPN
cblr-8638	386	3	at	at	ADP
cblr-8638	386	4	24	24	NUM
cblr-8638	386	5	.	.	PUNCT
cblr-8638	386	6	96	96	NUM
cblr-8638	387	1	i	i	PRON
cblr-8638	387	2	d.	d.	PROPN
cblr-8638	387	3	at	at	ADP
cblr-8638	387	4	32	32	NUM
cblr-8638	387	5	.	.	PUNCT
cblr-8638	388	1	97	97	NUM
cblr-8638	388	2	see	see	VERB
cblr-8638	388	3	amrith	amrith	ADP
cblr-8638	388	4	ramkumar	ramkumar	PROPN
cblr-8638	388	5	,	,	PUNCT
cblr-8638	388	6	from	from	ADP
cblr-8638	388	7	stocks	stock	NOUN
cblr-8638	388	8	to	to	PART
cblr-8638	388	9	bitcoin	bitcoin	VERB
cblr-8638	388	10	,	,	PUNCT
cblr-8638	388	11	investors	investor	NOUN
cblr-8638	388	12	bet	bet	VERB
cblr-8638	388	13	the	the	DET
cblr-8638	388	14	‘	'	PUNCT
cblr-8638	388	15	everything	everything	PRON
cblr-8638	388	16	rally	rally	NOUN
cblr-8638	388	17	’	'	PUNCT
cblr-8638	388	18	will	will	AUX
cblr-8638	388	19	continue	continue	VERB
cblr-8638	388	20	,	,	PUNCT
cblr-8638	389	1	wall	wall	PROPN
cblr-8638	389	2	st	st	PROPN
cblr-8638	389	3	.	.	PROPN
cblr-8638	389	4	j.	j.	PROPN
cblr-8638	389	5	(	(	PUNCT
cblr-8638	389	6	jan	jan	PROPN
cblr-8638	389	7	.	.	PROPN
cblr-8638	389	8	3	3	NUM
cblr-8638	389	9	,	,	PUNCT
cblr-8638	389	10	2021	2021	NUM
cblr-8638	389	11	,	,	PUNCT
cblr-8638	389	12	5:30	5:30	NUM
cblr-8638	389	13	am	am	NOUN
cblr-8638	389	14	)	)	PUNCT
cblr-8638	389	15	(	(	PUNCT
cblr-8638	389	16	on	on	ADP
cblr-8638	389	17	file	file	NOUN
cblr-8638	389	18	macey	macey	NOUN
cblr-8638	389	19	8/22/2021	8/22/2021	NUM
cblr-8638	389	20	3:47	3:47	NUM
cblr-8638	389	21	pm	pm	NOUN
cblr-8638	389	22	820	820	NUM
cblr-8638	389	23	columbia	columbia	PROPN
cblr-8638	389	24	business	business	NOUN
cblr-8638	389	25	law	law	PROPN
cblr-8638	389	26	review	review	NOUN
cblr-8638	389	27	[	[	X
cblr-8638	389	28	vol	vol	NOUN
cblr-8638	389	29	.	.	PUNCT
cblr-8638	389	30	2021	2021	NUM
cblr-8638	389	31	r[obinhood	r[obinhood	NOUN
cblr-8638	389	32	]	]	PUNCT
cblr-8638	389	33	investors	investor	NOUN
cblr-8638	389	34	not	not	PART
cblr-8638	389	35	only	only	ADV
cblr-8638	389	36	increased	increase	VERB
cblr-8638	389	37	their	their	PRON
cblr-8638	389	38	relative	relative	ADJ
cblr-8638	389	39	holdings	holding	NOUN
cblr-8638	389	40	in	in	ADP
cblr-8638	389	41	individual	individual	ADJ
cblr-8638	389	42	stocks	stock	NOUN
cblr-8638	389	43	when	when	SCONJ
cblr-8638	389	44	their	their	PRON
cblr-8638	389	45	stock	stock	NOUN
cblr-8638	389	46	prices	price	NOUN
cblr-8638	389	47	increased	increase	VERB
cblr-8638	389	48	or	or	CCONJ
cblr-8638	389	49	decreased	decrease	VERB
cblr-8638	389	50	greatly	greatly	ADV
cblr-8638	389	51	,	,	PUNCT
cblr-8638	389	52	but	but	CCONJ
cblr-8638	389	53	also	also	ADV
cblr-8638	389	54	increased	increase	VERB
cblr-8638	389	55	their	their	PRON
cblr-8638	389	56	overall	overall	ADJ
cblr-8638	389	57	holdings	holding	NOUN
cblr-8638	389	58	.	.	PUNCT
cblr-8638	389	59	.	.	PUNCT
cblr-8638	389	60	.	.	PUNCT
cblr-8638	389	61	.	.	PUNCT
cblr-8638	390	1	they	they	PRON
cblr-8638	390	2	did	do	AUX
cblr-8638	390	3	not	not	PART
cblr-8638	390	4	panic	panic	VERB
cblr-8638	390	5	.	.	PUNCT
cblr-8638	391	1	they	they	PRON
cblr-8638	391	2	added	add	VERB
cblr-8638	391	3	more	more	ADJ
cblr-8638	391	4	positions	position	NOUN
cblr-8638	391	5	four	four	NUM
cblr-8638	391	6	days	day	NOUN
cblr-8638	391	7	after	after	ADP
cblr-8638	391	8	market	market	NOUN
cblr-8638	391	9	increases	increase	NOUN
cblr-8638	391	10	or	or	CCONJ
cblr-8638	391	11	decreases	decrease	NOUN
cblr-8638	391	12	,	,	PUNCT
cblr-8638	391	13	suggesting	suggest	VERB
cblr-8638	391	14	that	that	SCONJ
cblr-8638	391	15	they	they	PRON
cblr-8638	391	16	transferred	transfer	VERB
cblr-8638	391	17	funding	funding	NOUN
cblr-8638	391	18	to	to	ADP
cblr-8638	391	19	their	their	PRON
cblr-8638	391	20	rh	rh	NOUN
cblr-8638	391	21	accounts	account	NOUN
cblr-8638	391	22	in	in	ADP
cblr-8638	391	23	response	response	NOUN
cblr-8638	391	24	to	to	ADP
cblr-8638	391	25	volatility	volatility	NOUN
cblr-8638	391	26	.	.	PUNCT
cblr-8638	392	1	in	in	ADP
cblr-8638	392	2	march	march	PROPN
cblr-8638	392	3	2020	2020	NUM
cblr-8638	392	4	,	,	PUNCT
cblr-8638	392	5	they	they	PRON
cblr-8638	392	6	were	be	AUX
cblr-8638	392	7	thus	thus	ADV
cblr-8638	392	8	a	a	DET
cblr-8638	392	9	(	(	PUNCT
cblr-8638	392	10	small	small	ADJ
cblr-8638	392	11	)	)	PUNCT
cblr-8638	392	12	stabilizing	stabilize	VERB
cblr-8638	392	13	force	force	NOUN
cblr-8638	392	14	.	.	PUNCT
cblr-8638	393	1	given	give	VERB
cblr-8638	393	2	the	the	DET
cblr-8638	393	3	subsequent	subsequent	ADJ
cblr-8638	393	4	rise	rise	NOUN
cblr-8638	393	5	in	in	ADP
cblr-8638	393	6	the	the	DET
cblr-8638	393	7	stock	stock	NOUN
cblr-8638	393	8	market	market	NOUN
cblr-8638	393	9	,	,	PUNCT
cblr-8638	393	10	their	their	PRON
cblr-8638	393	11	timing	timing	NOUN
cblr-8638	393	12	and	and	CCONJ
cblr-8638	393	13	steadfastness	steadfastness	NOUN
cblr-8638	393	14	contributed	contribute	VERB
cblr-8638	393	15	to	to	ADP
cblr-8638	393	16	their	their	PRON
cblr-8638	393	17	good	good	ADJ
cblr-8638	393	18	portfolio	portfolio	NOUN
cblr-8638	393	19	returns	return	NOUN
cblr-8638	393	20	—	—	PUNCT
cblr-8638	393	21	as	as	SCONJ
cblr-8638	393	22	did	do	AUX
cblr-8638	393	23	their	their	PRON
cblr-8638	393	24	general	general	ADJ
cblr-8638	393	25	increase	increase	NOUN
cblr-8638	393	26	in	in	ADP
cblr-8638	393	27	participation	participation	NOUN
cblr-8638	393	28	from	from	ADP
cblr-8638	393	29	2018	2018	NUM
cblr-8638	393	30	to	to	ADP
cblr-8638	393	31	2020.98	2020.98	NUM
cblr-8638	393	32	the	the	DET
cblr-8638	393	33	retail	retail	ADJ
cblr-8638	393	34	investors	investor	NOUN
cblr-8638	393	35	had	have	AUX
cblr-8638	393	36	given	give	VERB
cblr-8638	393	37	robinhood	robinhood	PROPN
cblr-8638	393	38	visibility	visibility	NOUN
cblr-8638	393	39	and	and	CCONJ
cblr-8638	393	40	competitiveness	competitiveness	NOUN
cblr-8638	393	41	,	,	PUNCT
cblr-8638	393	42	while	while	SCONJ
cblr-8638	393	43	also	also	ADV
cblr-8638	393	44	providing	provide	VERB
cblr-8638	393	45	market	market	NOUN
cblr-8638	393	46	stabilization	stabilization	NOUN
cblr-8638	393	47	and	and	CCONJ
cblr-8638	393	48	continued	continued	ADJ
cblr-8638	393	49	profit	profit	NOUN
cblr-8638	393	50	to	to	ADP
cblr-8638	393	51	robinhood	robinhood	PROPN
cblr-8638	393	52	during	during	ADP
cblr-8638	393	53	a	a	DET
cblr-8638	393	54	debilitating	debilitate	VERB
cblr-8638	393	55	global	global	ADJ
cblr-8638	393	56	catastrophe.99	catastrophe.99	NOUN
cblr-8638	393	57	yet	yet	ADV
cblr-8638	393	58	on	on	ADP
cblr-8638	393	59	january	january	PROPN
cblr-8638	393	60	28	28	NUM
cblr-8638	393	61	,	,	PUNCT
cblr-8638	393	62	2021	2021	NUM
cblr-8638	393	63	,	,	PUNCT
cblr-8638	393	64	robinhood	robinhood	PROPN
cblr-8638	393	65	—	—	PUNCT
cblr-8638	393	66	whatever	whatever	PRON
cblr-8638	393	67	its	its	PRON
cblr-8638	393	68	motivation	motivation	NOUN
cblr-8638	393	69	—	—	PUNCT
cblr-8638	393	70	took	take	VERB
cblr-8638	393	71	action	action	NOUN
cblr-8638	393	72	that	that	PRON
cblr-8638	393	73	greatly	greatly	ADV
cblr-8638	393	74	favored	favor	VERB
cblr-8638	393	75	its	its	PRON
cblr-8638	393	76	hedge	hedge	NOUN
cblr-8638	393	77	fund	fund	NOUN
cblr-8638	393	78	clients	client	NOUN
cblr-8638	393	79	who	who	PRON
cblr-8638	393	80	paid	pay	VERB
cblr-8638	393	81	it	it	PRON
cblr-8638	393	82	for	for	ADP
cblr-8638	393	83	order	order	NOUN
cblr-8638	393	84	flow	flow	NOUN
cblr-8638	393	85	.	.	PUNCT
cblr-8638	394	1	robinhood	robinhood	PROPN
cblr-8638	394	2	did	do	VERB
cblr-8638	394	3	this	this	PRON
cblr-8638	394	4	by	by	ADP
cblr-8638	394	5	allowing	allow	VERB
cblr-8638	394	6	sales	sale	NOUN
cblr-8638	394	7	,	,	PUNCT
cblr-8638	394	8	but	but	CCONJ
cblr-8638	394	9	not	not	PART
cblr-8638	394	10	purchases	purchase	NOUN
cblr-8638	394	11	,	,	PUNCT
cblr-8638	394	12	of	of	ADP
cblr-8638	394	13	gamestop	gamestop	ADJ
cblr-8638	394	14	shares	share	NOUN
cblr-8638	394	15	(	(	PUNCT
cblr-8638	394	16	and	and	CCONJ
cblr-8638	394	17	of	of	ADP
cblr-8638	394	18	certain	certain	ADJ
cblr-8638	394	19	other	other	ADJ
cblr-8638	394	20	companies	company	NOUN
cblr-8638	394	21	’	'	PUNCT
cblr-8638	394	22	,	,	PUNCT
cblr-8638	394	23	including	include	VERB
cblr-8638	394	24	amc	amc	PROPN
cblr-8638	394	25	,	,	PUNCT
cblr-8638	394	26	blackberry	blackberry	NOUN
cblr-8638	394	27	,	,	PUNCT
cblr-8638	394	28	bed	bed	NOUN
cblr-8638	394	29	bath	bath	NOUN
cblr-8638	394	30	and	and	CCONJ
cblr-8638	394	31	beyond	beyond	ADP
cblr-8638	394	32	,	,	PUNCT
cblr-8638	394	33	and	and	CCONJ
cblr-8638	394	34	nokia).100	nokia).100	VERB
cblr-8638	394	35	it	it	PRON
cblr-8638	394	36	is	be	AUX
cblr-8638	394	37	unlikely	unlikely	ADJ
cblr-8638	394	38	that	that	SCONJ
cblr-8638	394	39	the	the	DET
cblr-8638	394	40	gamestop	gamestop	NOUN
cblr-8638	394	41	investors	investor	NOUN
cblr-8638	394	42	utilizing	utilize	VERB
cblr-8638	394	43	robinhood	robinhood	PROPN
cblr-8638	394	44	were	be	AUX
cblr-8638	394	45	receiving	receive	VERB
cblr-8638	394	46	the	the	DET
cblr-8638	394	47	best	good	ADJ
cblr-8638	394	48	possible	possible	ADJ
cblr-8638	394	49	execution	execution	NOUN
cblr-8638	394	50	of	of	ADP
cblr-8638	394	51	their	their	PRON
cblr-8638	394	52	orders	order	NOUN
cblr-8638	394	53	.	.	PUNCT
cblr-8638	395	1	robinhood	robinhood	PROPN
cblr-8638	395	2	’s	’s	PART
cblr-8638	395	3	business	business	NOUN
cblr-8638	395	4	model	model	NOUN
cblr-8638	395	5	is	be	AUX
cblr-8638	395	6	based	base	VERB
cblr-8638	395	7	on	on	ADP
cblr-8638	395	8	the	the	DET
cblr-8638	395	9	common	common	ADJ
cblr-8638	395	10	,	,	PUNCT
cblr-8638	395	11	but	but	CCONJ
cblr-8638	395	12	opaque	opaque	ADJ
cblr-8638	395	13	,	,	PUNCT
cblr-8638	395	14	practice	practice	NOUN
cblr-8638	395	15	of	of	ADP
cblr-8638	395	16	payment	payment	NOUN
cblr-8638	395	17	for	for	ADP
cblr-8638	395	18	order	order	NOUN
cblr-8638	395	19	flow	flow	NOUN
cblr-8638	395	20	.	.	PUNCT
cblr-8638	396	1	robinhood	robinhood	PROPN
cblr-8638	396	2	is	be	AUX
cblr-8638	396	3	able	able	ADJ
cblr-8638	396	4	with	with	ADP
cblr-8638	396	5	the	the	DET
cblr-8638	396	6	columbia	columbia	PROPN
cblr-8638	396	7	business	business	PROPN
cblr-8638	396	8	law	law	PROPN
cblr-8638	396	9	review	review	PROPN
cblr-8638	396	10	)	)	PUNCT
cblr-8638	396	11	,	,	PUNCT
cblr-8638	396	12	https://www.wsj.com/articles/from-stocks-to-bitcoin-investors-bet-the-everything-rally-will-continue-11609669800	https://www.wsj.com/articles/from-stocks-to-bitcoin-investors-bet-the-everything-rally-will-continue-11609669800	NOUN
cblr-8638	396	13	(	(	PUNCT
cblr-8638	396	14	“	"	PUNCT
cblr-8638	396	15	the	the	DET
cblr-8638	396	16	s&p	s&p	PROPN
cblr-8638	396	17	500	500	NUM
cblr-8638	396	18	ended	end	VERB
cblr-8638	396	19	the	the	DET
cblr-8638	396	20	year	year	NOUN
cblr-8638	396	21	up	up	ADV
cblr-8638	396	22	68	68	NUM
cblr-8638	396	23	%	%	NOUN
cblr-8638	396	24	from	from	ADP
cblr-8638	396	25	its	its	PRON
cblr-8638	396	26	march	march	NOUN
cblr-8638	396	27	lows	low	NOUN
cblr-8638	396	28	,	,	PUNCT
cblr-8638	396	29	after	after	ADP
cblr-8638	396	30	losing	lose	VERB
cblr-8638	396	31	more	more	ADJ
cblr-8638	396	32	than	than	ADP
cblr-8638	396	33	one	one	NUM
cblr-8638	396	34	-	-	PUNCT
cblr-8638	396	35	third	third	NOUN
cblr-8638	396	36	of	of	ADP
cblr-8638	396	37	its	its	PRON
cblr-8638	396	38	value	value	NOUN
cblr-8638	396	39	in	in	ADP
cblr-8638	396	40	about	about	ADV
cblr-8638	396	41	a	a	PRON
cblr-8638	396	42	month	month	NOUN
cblr-8638	396	43	.	.	PUNCT
cblr-8638	396	44	”	"	PUNCT
cblr-8638	396	45	)	)	PUNCT
cblr-8638	396	46	.	.	PUNCT
cblr-8638	397	1	98	98	NUM
cblr-8638	398	1	i	i	PRON
cblr-8638	398	2	d.	d.	PROPN
cblr-8638	398	3	99	99	NUM
cblr-8638	398	4	robinhood	robinhood	PROPN
cblr-8638	398	5	’s	’s	PART
cblr-8638	398	6	precise	precise	ADJ
cblr-8638	398	7	profits	profit	NOUN
cblr-8638	398	8	are	be	AUX
cblr-8638	398	9	unclear	unclear	ADJ
cblr-8638	398	10	,	,	PUNCT
cblr-8638	398	11	but	but	CCONJ
cblr-8638	398	12	its	its	PRON
cblr-8638	398	13	first	first	ADJ
cblr-8638	398	14	quarter	quarter	NOUN
cblr-8638	398	15	revenues	revenue	NOUN
cblr-8638	398	16	in	in	ADP
cblr-8638	398	17	2021	2021	NUM
cblr-8638	398	18	(	(	PUNCT
cblr-8638	398	19	$	$	SYM
cblr-8638	398	20	331	331	NUM
cblr-8638	398	21	million	million	NUM
cblr-8638	398	22	)	)	PUNCT
cblr-8638	398	23	more	more	ADJ
cblr-8638	398	24	than	than	ADP
cblr-8638	398	25	tripled	triple	VERB
cblr-8638	398	26	its	its	PRON
cblr-8638	398	27	results	result	NOUN
cblr-8638	398	28	in	in	ADP
cblr-8638	398	29	the	the	DET
cblr-8638	398	30	first	first	ADJ
cblr-8638	398	31	quarter	quarter	NOUN
cblr-8638	398	32	of	of	ADP
cblr-8638	398	33	2020	2020	NUM
cblr-8638	398	34	(	(	PUNCT
cblr-8638	398	35	$	$	SYM
cblr-8638	398	36	91	91	NUM
cblr-8638	398	37	million	million	NUM
cblr-8638	398	38	)	)	PUNCT
cblr-8638	398	39	.	.	PUNCT
cblr-8638	399	1	see	see	VERB
cblr-8638	399	2	avi	avi	PROPN
cblr-8638	399	3	salzman	salzman	NOUN
cblr-8638	399	4	,	,	PUNCT
cblr-8638	399	5	robinhood	robinhood	PROPN
cblr-8638	399	6	filing	filing	NOUN
cblr-8638	399	7	shows	show	VERB
cblr-8638	399	8	enormous	enormous	ADJ
cblr-8638	399	9	growth	growth	NOUN
cblr-8638	399	10	in	in	ADP
cblr-8638	399	11	controversial	controversial	ADJ
cblr-8638	399	12	revenue	revenue	NOUN
cblr-8638	399	13	source	source	NOUN
cblr-8638	399	14	,	,	PUNCT
cblr-8638	399	15	barron	barron	PROPN
cblr-8638	399	16	’s	’s	PART
cblr-8638	399	17	(	(	PUNCT
cblr-8638	399	18	may	may	PROPN
cblr-8638	399	19	3	3	NUM
cblr-8638	399	20	,	,	PUNCT
cblr-8638	399	21	2021	2021	NUM
cblr-8638	399	22	,	,	PUNCT
cblr-8638	399	23	2:11	2:11	NUM
cblr-8638	399	24	pm	pm	NOUN
cblr-8638	399	25	)	)	PUNCT
cblr-8638	399	26	(	(	PUNCT
cblr-8638	399	27	on	on	ADP
cblr-8638	399	28	file	file	NOUN
cblr-8638	399	29	with	with	ADP
cblr-8638	399	30	the	the	DET
cblr-8638	399	31	columbia	columbia	PROPN
cblr-8638	399	32	business	business	PROPN
cblr-8638	399	33	law	law	PROPN
cblr-8638	399	34	review	review	PROPN
cblr-8638	399	35	)	)	PUNCT
cblr-8638	399	36	,	,	PUNCT
cblr-8638	399	37	https://www.barrons.com/articles/robinhood-filing-shows-enormous-growth-in-controversial-revenue-source-51620065477	https://www.barrons.com/articles/robinhood-filing-shows-enormous-growth-in-controversial-revenue-source-51620065477	NOUN
cblr-8638	399	38	.	.	PUNCT
cblr-8638	400	1	100	100	NUM
cblr-8638	400	2	see	see	VERB
cblr-8638	400	3	christy	christy	PROPN
cblr-8638	400	4	bieber	bieber	PROPN
cblr-8638	400	5	,	,	PUNCT
cblr-8638	400	6	why	why	SCONJ
cblr-8638	400	7	did	do	AUX
cblr-8638	400	8	robinhood	robinhood	PROPN
cblr-8638	400	9	shut	shut	VERB
cblr-8638	400	10	down	down	ADP
cblr-8638	400	11	gamestop	gamestop	ADJ
cblr-8638	400	12	trading	trading	NOUN
cblr-8638	400	13	?	?	PUNCT
cblr-8638	400	14	,	,	PUNCT
cblr-8638	400	15	the	the	DET
cblr-8638	400	16	ascent	ascent	NOUN
cblr-8638	400	17	(	(	PUNCT
cblr-8638	400	18	jan	jan	PROPN
cblr-8638	400	19	.	.	PROPN
cblr-8638	400	20	28	28	NUM
cblr-8638	400	21	,	,	PUNCT
cblr-8638	400	22	2021	2021	NUM
cblr-8638	400	23	)	)	PUNCT
cblr-8638	400	24	,	,	PUNCT
cblr-8638	400	25	https://www.fool.com/the-ascent/buying-stocks/articles/why-did-robinhood-shut-down-gamestop-trading/	https://www.fool.com/the-ascent/buying-stocks/articles/why-did-robinhood-shut-down-gamestop-trading/	VERB
cblr-8638	401	1	[	[	X
cblr-8638	401	2	https://perma.cc/j2cg-7mxh	https://perma.cc/j2cg-7mxh	NOUN
cblr-8638	401	3	]	]	X
cblr-8638	401	4	.	.	PUNCT
cblr-8638	402	1	macey	macey	PROPN
cblr-8638	402	2	8/22/2021	8/22/2021	NUM
cblr-8638	402	3	3:47	3:47	NUM
cblr-8638	402	4	pm	pm	NOUN
cblr-8638	402	5	no	no	INTJ
cblr-8638	402	6	.	.	PUNCT
cblr-8638	403	1	2:796	2:796	NUM
cblr-8638	403	2	]	]	X
cblr-8638	403	3	securities	security	NOUN
cblr-8638	403	4	regulation	regulation	NOUN
cblr-8638	403	5	and	and	CCONJ
cblr-8638	403	6	class	class	NOUN
cblr-8638	403	7	warfare	warfare	NOUN
cblr-8638	403	8	821	821	NUM
cblr-8638	403	9	to	to	PART
cblr-8638	403	10	execute	execute	VERB
cblr-8638	403	11	trades	trade	NOUN
cblr-8638	403	12	for	for	ADP
cblr-8638	403	13	customers	customer	NOUN
cblr-8638	403	14	without	without	ADP
cblr-8638	403	15	charging	charge	VERB
cblr-8638	403	16	them	they	PRON
cblr-8638	403	17	fees	fee	NOUN
cblr-8638	403	18	or	or	CCONJ
cblr-8638	403	19	commissions	commission	NOUN
cblr-8638	403	20	because	because	SCONJ
cblr-8638	403	21	third	third	ADJ
cblr-8638	403	22	parties	party	NOUN
cblr-8638	403	23	,	,	PUNCT
cblr-8638	403	24	usually	usually	ADV
cblr-8638	403	25	high	high	ADJ
cblr-8638	403	26	-	-	PUNCT
cblr-8638	403	27	frequency	frequency	NOUN
cblr-8638	403	28	trading	trading	NOUN
cblr-8638	403	29	firms	firm	NOUN
cblr-8638	403	30	,	,	PUNCT
cblr-8638	403	31	compensate	compensate	VERB
cblr-8638	403	32	robinhood	robinhood	PROPN
cblr-8638	403	33	for	for	ADP
cblr-8638	403	34	directing	direct	VERB
cblr-8638	403	35	to	to	ADP
cblr-8638	403	36	them	they	PRON
cblr-8638	403	37	orders	order	NOUN
cblr-8638	403	38	received	receive	VERB
cblr-8638	403	39	by	by	ADP
cblr-8638	403	40	the	the	DET
cblr-8638	403	41	broker	broker	NOUN
cblr-8638	403	42	-	-	PUNCT
cblr-8638	403	43	dealer	dealer	NOUN
cblr-8638	403	44	.	.	PUNCT
cblr-8638	404	1	customers	customer	NOUN
cblr-8638	404	2	,	,	PUNCT
cblr-8638	404	3	even	even	ADV
cblr-8638	404	4	sophisticated	sophisticated	ADJ
cblr-8638	404	5	customers	customer	NOUN
cblr-8638	404	6	who	who	PRON
cblr-8638	404	7	place	place	VERB
cblr-8638	404	8	orders	order	NOUN
cblr-8638	404	9	to	to	PART
cblr-8638	404	10	buy	buy	VERB
cblr-8638	404	11	or	or	CCONJ
cblr-8638	404	12	sell	sell	VERB
cblr-8638	404	13	securities	security	NOUN
cblr-8638	404	14	online	online	ADV
cblr-8638	404	15	or	or	CCONJ
cblr-8638	404	16	in	in	ADP
cblr-8638	404	17	person	person	NOUN
cblr-8638	404	18	,	,	PUNCT
cblr-8638	404	19	generally	generally	ADV
cblr-8638	404	20	do	do	AUX
cblr-8638	404	21	not	not	PART
cblr-8638	404	22	consider	consider	VERB
cblr-8638	404	23	how	how	SCONJ
cblr-8638	404	24	the	the	DET
cblr-8638	404	25	brokerdealer	brokerdealer	NOUN
cblr-8638	404	26	executes	execute	VERB
cblr-8638	404	27	their	their	PRON
cblr-8638	404	28	orders	order	NOUN
cblr-8638	404	29	.	.	PUNCT
cblr-8638	405	1	they	they	PRON
cblr-8638	405	2	believe	believe	VERB
cblr-8638	405	3	the	the	DET
cblr-8638	405	4	order	order	NOUN
cblr-8638	405	5	is	be	AUX
cblr-8638	405	6	sent	send	VERB
cblr-8638	405	7	to	to	ADP
cblr-8638	405	8	the	the	DET
cblr-8638	405	9	stock	stock	NOUN
cblr-8638	405	10	exchange	exchange	NOUN
cblr-8638	405	11	where	where	SCONJ
cblr-8638	405	12	the	the	DET
cblr-8638	405	13	security	security	NOUN
cblr-8638	405	14	is	be	AUX
cblr-8638	405	15	listed.101	listed.101	NOUN
cblr-8638	405	16	yet	yet	ADV
cblr-8638	405	17	brokerdealers	brokerdealer	NOUN
cblr-8638	405	18	rarely	rarely	ADV
cblr-8638	405	19	do	do	VERB
cblr-8638	405	20	this	this	PRON
cblr-8638	405	21	.	.	PUNCT
cblr-8638	406	1	instead	instead	ADV
cblr-8638	406	2	,	,	PUNCT
cblr-8638	406	3	broker	broker	NOUN
cblr-8638	406	4	-	-	PUNCT
cblr-8638	406	5	dealers	dealer	NOUN
cblr-8638	406	6	send	send	VERB
cblr-8638	406	7	the	the	DET
cblr-8638	406	8	order	order	NOUN
cblr-8638	406	9	to	to	ADP
cblr-8638	406	10	a	a	DET
cblr-8638	406	11	high	high	ADJ
cblr-8638	406	12	-	-	PUNCT
cblr-8638	406	13	frequency	frequency	NOUN
cblr-8638	406	14	trading	trading	NOUN
cblr-8638	406	15	firm	firm	NOUN
cblr-8638	406	16	(	(	PUNCT
cblr-8638	406	17	referred	refer	VERB
cblr-8638	406	18	to	to	ADP
cblr-8638	406	19	as	as	ADP
cblr-8638	406	20	a	a	DET
cblr-8638	406	21	“	"	PUNCT
cblr-8638	406	22	wholesaler	wholesaler	NOUN
cblr-8638	406	23	”	"	PUNCT
cblr-8638	406	24	)	)	PUNCT
cblr-8638	406	25	such	such	ADJ
cblr-8638	406	26	as	as	ADP
cblr-8638	406	27	robinhood	robinhood	PROPN
cblr-8638	406	28	’s	’s	PART
cblr-8638	406	29	biggest	big	ADJ
cblr-8638	406	30	client	client	NOUN
cblr-8638	406	31	,	,	PUNCT
cblr-8638	406	32	citadel	citadel	PROPN
cblr-8638	406	33	securities.102	securities.102	PROPN
cblr-8638	406	34	citadel	citadel	PROPN
cblr-8638	406	35	then	then	ADV
cblr-8638	406	36	either	either	CCONJ
cblr-8638	406	37	executes	execute	VERB
cblr-8638	406	38	the	the	DET
cblr-8638	406	39	trade	trade	NOUN
cblr-8638	406	40	or	or	CCONJ
cblr-8638	406	41	executes	execute	NOUN
cblr-8638	406	42	against	against	ADP
cblr-8638	406	43	existing	exist	VERB
cblr-8638	406	44	bids	bid	NOUN
cblr-8638	406	45	and	and	CCONJ
cblr-8638	406	46	offers	offer	NOUN
cblr-8638	406	47	in	in	ADP
cblr-8638	406	48	the	the	DET
cblr-8638	406	49	market.103	market.103	NOUN
cblr-8638	406	50	thus	thus	ADV
cblr-8638	406	51	,	,	PUNCT
cblr-8638	406	52	robinhood	robinhood	PROPN
cblr-8638	406	53	is	be	AUX
cblr-8638	406	54	not	not	PART
cblr-8638	406	55	a	a	DET
cblr-8638	406	56	middleman	middleman	NOUN
cblr-8638	406	57	between	between	ADP
cblr-8638	406	58	retail	retail	ADJ
cblr-8638	406	59	investors	investor	NOUN
cblr-8638	406	60	and	and	CCONJ
cblr-8638	406	61	the	the	DET
cblr-8638	406	62	stock	stock	NOUN
cblr-8638	406	63	exchange	exchange	NOUN
cblr-8638	406	64	;	;	PUNCT
cblr-8638	406	65	rather	rather	ADV
cblr-8638	406	66	,	,	PUNCT
cblr-8638	406	67	the	the	DET
cblr-8638	406	68	firm	firm	ADJ
cblr-8638	406	69	direct	direct	ADJ
cblr-8638	406	70	trades	trade	NOUN
cblr-8638	406	71	to	to	ADP
cblr-8638	406	72	whatever	whatever	DET
cblr-8638	406	73	venue	venue	NOUN
cblr-8638	406	74	provides	provide	VERB
cblr-8638	406	75	it	it	PRON
cblr-8638	406	76	with	with	ADP
cblr-8638	406	77	the	the	DET
cblr-8638	406	78	highest	high	ADJ
cblr-8638	406	79	payment	payment	NOUN
cblr-8638	406	80	for	for	ADP
cblr-8638	406	81	its	its	PRON
cblr-8638	406	82	order	order	NOUN
cblr-8638	406	83	flow	flow	NOUN
cblr-8638	406	84	.	.	PUNCT
cblr-8638	407	1	payment	payment	NOUN
cblr-8638	407	2	for	for	ADP
cblr-8638	407	3	order	order	NOUN
cblr-8638	407	4	flow	flow	NOUN
cblr-8638	407	5	was	be	AUX
cblr-8638	407	6	a	a	DET
cblr-8638	407	7	technique	technique	NOUN
cblr-8638	407	8	invented	invent	VERB
cblr-8638	407	9	by	by	ADP
cblr-8638	407	10	the	the	DET
cblr-8638	407	11	notorious	notorious	ADJ
cblr-8638	407	12	fraudster	fraudster	ADJ
cblr-8638	407	13	bernie	bernie	PROPN
cblr-8638	407	14	madoff.104	madoff.104	PROPN
cblr-8638	407	15	using	use	VERB
cblr-8638	407	16	this	this	DET
cblr-8638	407	17	technique	technique	NOUN
cblr-8638	407	18	,	,	PUNCT
cblr-8638	407	19	self	self	NOUN
cblr-8638	407	20	-	-	PUNCT
cblr-8638	407	21	proclaimed	proclaim	VERB
cblr-8638	407	22	discount	discount	NOUN
cblr-8638	407	23	brokers	broker	NOUN
cblr-8638	407	24	would	would	AUX
cblr-8638	407	25	take	take	VERB
cblr-8638	407	26	the	the	DET
cblr-8638	407	27	fees	fee	NOUN
cblr-8638	407	28	received	receive	VERB
cblr-8638	407	29	for	for	ADP
cblr-8638	407	30	their	their	PRON
cblr-8638	407	31	order	order	NOUN
cblr-8638	407	32	flow	flow	NOUN
cblr-8638	407	33	and	and	CCONJ
cblr-8638	407	34	charge	charge	NOUN
cblr-8638	407	35	low	low	ADJ
cblr-8638	407	36	,	,	PUNCT
cblr-8638	407	37	“	"	PUNCT
cblr-8638	407	38	discount	discount	NOUN
cblr-8638	407	39	”	"	PUNCT
cblr-8638	407	40	fees	fee	NOUN
cblr-8638	407	41	to	to	PART
cblr-8638	407	42	clients.105	clients.105	VERB
cblr-8638	407	43	payment	payment	NOUN
cblr-8638	407	44	for	for	ADP
cblr-8638	407	45	order	order	NOUN
cblr-8638	407	46	flow	flow	NOUN
cblr-8638	407	47	can	can	AUX
cblr-8638	407	48	thus	thus	ADV
cblr-8638	407	49	result	result	VERB
cblr-8638	407	50	in	in	ADP
cblr-8638	407	51	trades	trade	NOUN
cblr-8638	407	52	being	be	AUX
cblr-8638	407	53	directed	direct	VERB
cblr-8638	407	54	to	to	ADP
cblr-8638	407	55	venues	venue	NOUN
cblr-8638	407	56	that	that	PRON
cblr-8638	407	57	pay	pay	VERB
cblr-8638	407	58	the	the	DET
cblr-8638	407	59	most	most	ADJ
cblr-8638	407	60	for	for	ADP
cblr-8638	407	61	order	order	NOUN
cblr-8638	407	62	flow	flow	NOUN
cblr-8638	407	63	but	but	CCONJ
cblr-8638	407	64	do	do	AUX
cblr-8638	407	65	not	not	PART
cblr-8638	407	66	necessarily	necessarily	ADV
cblr-8638	407	67	offer	offer	VERB
cblr-8638	407	68	customers	customer	NOUN
cblr-8638	407	69	the	the	DET
cblr-8638	407	70	best	good	ADJ
cblr-8638	407	71	prices	price	NOUN
cblr-8638	407	72	.	.	PUNCT
cblr-8638	408	1	in	in	ADP
cblr-8638	408	2	other	other	ADJ
cblr-8638	408	3	words	word	NOUN
cblr-8638	408	4	,	,	PUNCT
cblr-8638	408	5	the	the	DET
cblr-8638	408	6	duty	duty	NOUN
cblr-8638	408	7	of	of	ADP
cblr-8638	408	8	best	good	ADJ
cblr-8638	408	9	execution	execution	NOUN
cblr-8638	408	10	does	do	AUX
cblr-8638	408	11	not	not	PART
cblr-8638	408	12	always	always	ADV
cblr-8638	408	13	work	work	VERB
cblr-8638	408	14	.	.	PUNCT
cblr-8638	409	1	the	the	DET
cblr-8638	409	2	cost	cost	NOUN
cblr-8638	409	3	101	101	NUM
cblr-8638	409	4	cf	cf	NOUN
cblr-8638	409	5	.	.	PUNCT
cblr-8638	410	1	kate	kate	PROPN
cblr-8638	410	2	rooney	rooney	PROPN
cblr-8638	410	3	&	&	CCONJ
cblr-8638	410	4	maggie	maggie	PROPN
cblr-8638	410	5	fitzgerald	fitzgerald	PROPN
cblr-8638	410	6	,	,	PUNCT
cblr-8638	410	7	here	here	ADV
cblr-8638	410	8	’s	’	VERB
cblr-8638	410	9	how	how	SCONJ
cblr-8638	410	10	robinhood	robinhood	PROPN
cblr-8638	410	11	is	be	AUX
cblr-8638	410	12	raking	rake	VERB
cblr-8638	410	13	in	in	ADP
cblr-8638	410	14	record	record	ADJ
cblr-8638	410	15	cash	cash	NOUN
cblr-8638	410	16	on	on	ADP
cblr-8638	410	17	customer	customer	NOUN
cblr-8638	410	18	trades	trade	NOUN
cblr-8638	410	19	—	—	PUNCT
cblr-8638	410	20	despite	despite	SCONJ
cblr-8638	410	21	making	make	VERB
cblr-8638	410	22	it	it	PRON
cblr-8638	410	23	free	free	ADJ
cblr-8638	410	24	,	,	PUNCT
cblr-8638	410	25	cnbc	cnbc	PROPN
cblr-8638	410	26	,	,	PUNCT
cblr-8638	410	27	https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-oncustomer-trades-despite-making-it-free.html	https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-oncustomer-trades-despite-making-it-free.html	VERB
cblr-8638	411	1	[	[	X
cblr-8638	411	2	https://perma.cc/j99wec3k	https://perma.cc/j99wec3k	X
cblr-8638	411	3	]	]	X
cblr-8638	411	4	(	(	PUNCT
cblr-8638	411	5	last	last	ADJ
cblr-8638	411	6	updated	update	VERB
cblr-8638	411	7	aug	aug	PROPN
cblr-8638	411	8	.	.	PROPN
cblr-8638	411	9	14	14	NUM
cblr-8638	411	10	,	,	PUNCT
cblr-8638	411	11	2020	2020	NUM
cblr-8638	411	12	,	,	PUNCT
cblr-8638	411	13	10:17	10:17	NUM
cblr-8638	411	14	am	am	NOUN
cblr-8638	411	15	)	)	PUNCT
cblr-8638	411	16	(	(	PUNCT
cblr-8638	411	17	summarizing	summarize	VERB
cblr-8638	411	18	complaints	complaint	NOUN
cblr-8638	411	19	about	about	ADP
cblr-8638	411	20	the	the	DET
cblr-8638	411	21	transparency	transparency	NOUN
cblr-8638	411	22	of	of	ADP
cblr-8638	411	23	payments	payment	NOUN
cblr-8638	411	24	for	for	ADP
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cblr-8638	411	28	.	.	PUNCT
cblr-8638	412	1	102	102	NUM
cblr-8638	412	2	see	see	VERB
cblr-8638	412	3	douglas	douglas	PROPN
cblr-8638	412	4	macmillan	macmillan	PROPN
cblr-8638	412	5	&	&	CCONJ
cblr-8638	412	6	yeganeh	yeganeh	PROPN
cblr-8638	412	7	torbati	torbati	PROPN
cblr-8638	412	8	,	,	PUNCT
cblr-8638	412	9	robinhood	robinhood	PROPN
cblr-8638	412	10	and	and	CCONJ
cblr-8638	412	11	citadel	citadel	PROPN
cblr-8638	412	12	’s	’s	PART
cblr-8638	412	13	relationship	relationship	NOUN
cblr-8638	412	14	comes	come	VERB
cblr-8638	412	15	into	into	ADP
cblr-8638	412	16	focus	focus	NOUN
cblr-8638	412	17	as	as	SCONJ
cblr-8638	412	18	washington	washington	PROPN
cblr-8638	412	19	vows	vow	VERB
cblr-8638	412	20	to	to	PART
cblr-8638	412	21	examine	examine	VERB
cblr-8638	412	22	stockmarket	stockmarket	NOUN
cblr-8638	412	23	moves	move	NOUN
cblr-8638	412	24	,	,	PUNCT
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cblr-8638	412	26	.	.	PUNCT
cblr-8638	413	1	post	post	NOUN
cblr-8638	413	2	(	(	PUNCT
cblr-8638	413	3	jan	jan	PROPN
cblr-8638	413	4	.	.	PROPN
cblr-8638	413	5	29	29	NUM
cblr-8638	413	6	,	,	PUNCT
cblr-8638	413	7	2021	2021	NUM
cblr-8638	413	8	,	,	PUNCT
cblr-8638	413	9	5:49	5:49	NUM
cblr-8638	413	10	pm	pm	NOUN
cblr-8638	413	11	)	)	PUNCT
cblr-8638	413	12	,	,	PUNCT
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cblr-8638	414	1	[	[	X
cblr-8638	414	2	https://perma.cc/ms99-3r3	https://perma.cc/ms99-3r3	NOUN
cblr-8638	414	3	t	t	NOUN
cblr-8638	414	4	]	]	PUNCT
cblr-8638	414	5	.	.	PUNCT
cblr-8638	415	1	103	103	NUM
cblr-8638	415	2	see	see	VERB
cblr-8638	415	3	i	i	PROPN
cblr-8638	415	4	d.	d.	PROPN
cblr-8638	415	5	104	104	NUM
cblr-8638	415	6	annie	annie	PROPN
cblr-8638	415	7	massa	massa	PROPN
cblr-8638	415	8	,	,	PUNCT
cblr-8638	415	9	payment	payment	NOUN
cblr-8638	415	10	for	for	ADP
cblr-8638	415	11	order	order	NOUN
cblr-8638	415	12	flow	flow	NOUN
cblr-8638	415	13	,	,	PUNCT
cblr-8638	415	14	bloomberg	bloomberg	PROPN
cblr-8638	415	15	,	,	PUNCT
cblr-8638	415	16	https://www.bloomberg.com/quicktake/payment-for-order-flow	https://www.bloomberg.com/quicktake/payment-for-order-flow	PROPN
cblr-8638	416	1	[	[	X
cblr-8638	416	2	https://perma.cc/gk9j-bng3	https://perma.cc/gk9j-bng3	X
cblr-8638	416	3	]	]	X
cblr-8638	416	4	(	(	PUNCT
cblr-8638	416	5	last	last	ADJ
cblr-8638	416	6	updated	update	VERB
cblr-8638	416	7	mar	mar	PROPN
cblr-8638	416	8	.	.	PROPN
cblr-8638	416	9	9	9	NUM
cblr-8638	416	10	,	,	PUNCT
cblr-8638	416	11	2017	2017	NUM
cblr-8638	416	12	,	,	PUNCT
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cblr-8638	416	14	pm	pm	NOUN
cblr-8638	416	15	)	)	PUNCT
cblr-8638	416	16	.	.	PUNCT
cblr-8638	417	1	105	105	NUM
cblr-8638	418	1	i	i	PRON
cblr-8638	418	2	d.	d.	PROPN
cblr-8638	418	3	macey	macey	PROPN
cblr-8638	418	4	8/22/2021	8/22/2021	NUM
cblr-8638	418	5	3:47	3:47	NUM
cblr-8638	418	6	pm	pm	NOUN
cblr-8638	418	7	822	822	NUM
cblr-8638	418	8	columbia	columbia	PROPN
cblr-8638	418	9	business	business	NOUN
cblr-8638	418	10	law	law	PROPN
cblr-8638	418	11	review	review	NOUN
cblr-8638	419	1	[	[	X
cblr-8638	419	2	vol	vol	NOUN
cblr-8638	419	3	.	.	NOUN
cblr-8638	419	4	2021	2021	NUM
cblr-8638	419	5	savings	saving	NOUN
cblr-8638	419	6	that	that	PRON
cblr-8638	419	7	customers	customer	NOUN
cblr-8638	419	8	receive	receive	VERB
cblr-8638	419	9	from	from	ADP
cblr-8638	419	10	free	free	ADJ
cblr-8638	419	11	commissions	commission	NOUN
cblr-8638	419	12	may	may	AUX
cblr-8638	419	13	be	be	AUX
cblr-8638	419	14	offset	offset	VERB
cblr-8638	419	15	by	by	ADP
cblr-8638	419	16	a	a	DET
cblr-8638	419	17	“	"	PUNCT
cblr-8638	419	18	potentially	potentially	ADV
cblr-8638	419	19	greater	great	ADJ
cblr-8638	419	20	cost	cost	NOUN
cblr-8638	419	21	in	in	ADP
cblr-8638	419	22	the	the	DET
cblr-8638	419	23	form	form	NOUN
cblr-8638	419	24	of	of	ADP
cblr-8638	419	25	inferior	inferior	ADJ
cblr-8638	419	26	execution	execution	NOUN
cblr-8638	419	27	quality	quality	NOUN
cblr-8638	419	28	.	.	PUNCT
cblr-8638	419	29	”106	”106	PUNCT
cblr-8638	420	1	the	the	DET
cblr-8638	420	2	technique	technique	NOUN
cblr-8638	420	3	’s	’s	PART
cblr-8638	420	4	poor	poor	ADJ
cblr-8638	420	5	execution	execution	NOUN
cblr-8638	420	6	quality	quality	NOUN
cblr-8638	420	7	and	and	CCONJ
cblr-8638	420	8	lack	lack	NOUN
cblr-8638	420	9	of	of	ADP
cblr-8638	420	10	transparency	transparency	NOUN
cblr-8638	420	11	prompted	prompt	VERB
cblr-8638	420	12	the	the	DET
cblr-8638	420	13	united	united	PROPN
cblr-8638	420	14	kingdom	kingdom	PROPN
cblr-8638	420	15	’s	’s	PART
cblr-8638	420	16	financial	financial	ADJ
cblr-8638	420	17	authority	authority	NOUN
cblr-8638	420	18	to	to	PART
cblr-8638	420	19	ban	ban	VERB
cblr-8638	420	20	payment	payment	NOUN
cblr-8638	420	21	for	for	ADP
cblr-8638	420	22	order	order	NOUN
cblr-8638	420	23	flow	flow	NOUN
cblr-8638	420	24	in	in	ADP
cblr-8638	420	25	2012.107	2012.107	NUM
cblr-8638	420	26	barron	barron	PROPN
cblr-8638	420	27	’s	’s	PART
cblr-8638	420	28	reported	report	VERB
cblr-8638	420	29	that	that	SCONJ
cblr-8638	420	30	when	when	SCONJ
cblr-8638	420	31	payment	payment	NOUN
cblr-8638	420	32	for	for	ADP
cblr-8638	420	33	order	order	NOUN
cblr-8638	420	34	flow	flow	NOUN
cblr-8638	420	35	was	be	AUX
cblr-8638	420	36	banned	ban	VERB
cblr-8638	420	37	,	,	PUNCT
cblr-8638	420	38	“	"	PUNCT
cblr-8638	420	39	[	[	X
cblr-8638	420	40	t]rades	t]rade	NOUN
cblr-8638	420	41	executed	execute	VERB
cblr-8638	420	42	at	at	ADP
cblr-8638	420	43	the	the	DET
cblr-8638	420	44	best	good	ADJ
cblr-8638	420	45	quoted	quote	VERB
cblr-8638	420	46	prices	price	NOUN
cblr-8638	420	47	jumped	jump	VERB
cblr-8638	420	48	from	from	ADP
cblr-8638	420	49	65	65	NUM
cblr-8638	420	50	%	%	NOUN
cblr-8638	420	51	to	to	ADP
cblr-8638	420	52	more	more	ADJ
cblr-8638	420	53	than	than	ADP
cblr-8638	420	54	90	90	NUM
cblr-8638	420	55	%	%	NOUN
cblr-8638	420	56	between	between	ADP
cblr-8638	420	57	2010	2010	NUM
cblr-8638	420	58	and	and	CCONJ
cblr-8638	420	59	2014.”108	2014.”108	NUM
cblr-8638	420	60	the	the	DET
cblr-8638	420	61	major	major	ADJ
cblr-8638	420	62	reason	reason	NOUN
cblr-8638	420	63	why	why	SCONJ
cblr-8638	420	64	other	other	ADJ
cblr-8638	420	65	jurisdictions	jurisdiction	NOUN
cblr-8638	420	66	have	have	AUX
cblr-8638	420	67	banned	ban	VERB
cblr-8638	420	68	payment	payment	NOUN
cblr-8638	420	69	for	for	ADP
cblr-8638	420	70	order	order	NOUN
cblr-8638	420	71	flow	flow	NOUN
cblr-8638	420	72	,	,	PUNCT
cblr-8638	420	73	however	however	ADV
cblr-8638	420	74	,	,	PUNCT
cblr-8638	420	75	is	be	AUX
cblr-8638	420	76	because	because	SCONJ
cblr-8638	420	77	the	the	DET
cblr-8638	420	78	practice	practice	NOUN
cblr-8638	420	79	“	"	PUNCT
cblr-8638	420	80	creates	create	VERB
cblr-8638	420	81	a	a	DET
cblr-8638	420	82	conflict	conflict	NOUN
cblr-8638	420	83	of	of	ADP
cblr-8638	420	84	interest	interest	NOUN
cblr-8638	420	85	between	between	ADP
cblr-8638	420	86	a	a	DET
cblr-8638	420	87	firm	firm	NOUN
cblr-8638	420	88	[	[	X
cblr-8638	420	89	such	such	ADJ
cblr-8638	420	90	as	as	ADP
cblr-8638	420	91	robinhood	robinhood	PROPN
cblr-8638	420	92	]	]	PUNCT
cblr-8638	420	93	and	and	CCONJ
cblr-8638	420	94	its	its	PRON
cblr-8638	420	95	[	[	X
cblr-8638	420	96	retail	retail	ADJ
cblr-8638	420	97	]	]	PUNCT
cblr-8638	420	98	clients	client	NOUN
cblr-8638	420	99	.	.	PUNCT
cblr-8638	421	1	”109	”109	VERB
cblr-8638	421	2	this	this	DET
cblr-8638	421	3	conflict	conflict	NOUN
cblr-8638	421	4	arises	arise	VERB
cblr-8638	421	5	from	from	ADP
cblr-8638	421	6	the	the	DET
cblr-8638	421	7	firm	firm	NOUN
cblr-8638	421	8	being	be	AUX
cblr-8638	421	9	“	"	PUNCT
cblr-8638	421	10	incentivised	incentivise	VERB
cblr-8638	421	11	to	to	PART
cblr-8638	421	12	pursue	pursue	VERB
cblr-8638	421	13	payments	payment	NOUN
cblr-8638	421	14	from	from	ADP
cblr-8638	421	15	market	market	NOUN
cblr-8638	421	16	makers	maker	NOUN
cblr-8638	421	17	rather	rather	ADV
cblr-8638	421	18	than	than	ADP
cblr-8638	421	19	to	to	PART
cblr-8638	421	20	provide	provide	VERB
cblr-8638	421	21	best	good	ADJ
cblr-8638	421	22	execution	execution	NOUN
cblr-8638	421	23	in	in	ADP
cblr-8638	421	24	the	the	DET
cblr-8638	421	25	interests	interest	NOUN
cblr-8638	421	26	of	of	ADP
cblr-8638	421	27	their	their	PRON
cblr-8638	421	28	clients	client	NOUN
cblr-8638	421	29	.	.	PUNCT
cblr-8638	421	30	”110	”110	PUNCT
cblr-8638	422	1	moreover	moreover	ADV
cblr-8638	422	2	,	,	PUNCT
cblr-8638	422	3	payment	payment	NOUN
cblr-8638	422	4	for	for	ADP
cblr-8638	422	5	order	order	NOUN
cblr-8638	422	6	flow	flow	NOUN
cblr-8638	422	7	“	"	PUNCT
cblr-8638	422	8	undermines	undermine	VERB
cblr-8638	422	9	the	the	DET
cblr-8638	422	10	transparency	transparency	NOUN
cblr-8638	422	11	and	and	CCONJ
cblr-8638	422	12	efficiency	efficiency	NOUN
cblr-8638	422	13	of	of	ADP
cblr-8638	422	14	the	the	DET
cblr-8638	422	15	price	price	NOUN
cblr-8638	422	16	formation	formation	NOUN
cblr-8638	422	17	process	process	NOUN
cblr-8638	422	18	.	.	PUNCT
cblr-8638	422	19	.	.	PUNCT
cblr-8638	422	20	.	.	PUNCT
cblr-8638	423	1	because	because	SCONJ
cblr-8638	423	2	the	the	DET
cblr-8638	423	3	prices	price	NOUN
cblr-8638	423	4	paid	pay	VERB
cblr-8638	423	5	by	by	ADP
cblr-8638	423	6	clients	client	NOUN
cblr-8638	423	7	include	include	VERB
cblr-8638	423	8	hidden	hidden	ADJ
cblr-8638	423	9	costs	cost	NOUN
cblr-8638	423	10	[	[	X
cblr-8638	423	11	such	such	ADJ
cblr-8638	423	12	as	as	ADP
cblr-8638	423	13	]	]	PUNCT
cblr-8638	423	14	.	.	PUNCT
cblr-8638	424	1	.	.	PUNCT
cblr-8638	424	2	.	.	PUNCT
cblr-8638	425	1	the	the	DET
cblr-8638	425	2	higher	high	ADJ
cblr-8638	425	3	spread	spread	NOUN
cblr-8638	425	4	that	that	SCONJ
cblr-8638	425	5	they	they	PRON
cblr-8638	425	6	may	may	AUX
cblr-8638	425	7	additionally	additionally	ADV
cblr-8638	425	8	need	need	VERB
cblr-8638	425	9	to	to	PART
cblr-8638	425	10	pay	pay	VERB
cblr-8638	425	11	to	to	PART
cblr-8638	425	12	take	take	VERB
cblr-8638	425	13	account	account	NOUN
cblr-8638	425	14	of	of	ADP
cblr-8638	425	15	the	the	DET
cblr-8638	425	16	fees	fee	NOUN
cblr-8638	425	17	paid	pay	VERB
cblr-8638	425	18	by	by	ADP
cblr-8638	425	19	the	the	DET
cblr-8638	425	20	market	market	NOUN
cblr-8638	425	21	maker	maker	NOUN
cblr-8638	425	22	.	.	PUNCT
cblr-8638	426	1	”111	”111	ADJ
cblr-8638	426	2	payment	payment	NOUN
cblr-8638	426	3	for	for	ADP
cblr-8638	426	4	order	order	NOUN
cblr-8638	426	5	flow	flow	NOUN
cblr-8638	426	6	“	"	PUNCT
cblr-8638	426	7	[	[	X
cblr-8638	426	8	f]orc[es	f]orc[es	X
cblr-8638	426	9	]	]	PUNCT
cblr-8638	426	10	market	market	NOUN
cblr-8638	426	11	makers	maker	NOUN
cblr-8638	426	12	to	to	PART
cblr-8638	426	13	‘	'	PUNCT
cblr-8638	426	14	pay	pay	VERB
cblr-8638	426	15	-	-	PUNCT
cblr-8638	426	16	to	to	ADP
cblr-8638	426	17	-	-	PUNCT
cblr-8638	426	18	play	play	VERB
cblr-8638	426	19	’	'	PUNCT
cblr-8638	426	20	.	.	PUNCT
cblr-8638	426	21	.	.	PUNCT
cblr-8638	426	22	.	.	PUNCT
cblr-8638	427	1	[	[	X
cblr-8638	427	2	and	and	CCONJ
cblr-8638	427	3	thus	thus	ADV
cblr-8638	427	4	]	]	X
cblr-8638	427	5	distort[s	distort[s	PROPN
cblr-8638	427	6	]	]	PUNCT
cblr-8638	427	7	competition	competition	NOUN
cblr-8638	427	8	by	by	ADP
cblr-8638	427	9	creating	create	VERB
cblr-8638	427	10	barriers	barrier	NOUN
cblr-8638	427	11	to	to	ADP
cblr-8638	427	12	entry	entry	NOUN
cblr-8638	427	13	and	and	CCONJ
cblr-8638	427	14	expansion	expansion	NOUN
cblr-8638	427	15	.	.	PUNCT
cblr-8638	428	1	”112	”112	PROPN
cblr-8638	428	2	106	106	NUM
cblr-8638	428	3	stanislav	stanislav	PROPN
cblr-8638	428	4	dolgopolov	dolgopolov	PROPN
cblr-8638	428	5	,	,	PUNCT
cblr-8638	428	6	the	the	DET
cblr-8638	428	7	role	role	NOUN
cblr-8638	428	8	of	of	ADP
cblr-8638	428	9	the	the	DET
cblr-8638	428	10	duty	duty	NOUN
cblr-8638	428	11	of	of	ADP
cblr-8638	428	12	best	good	ADJ
cblr-8638	428	13	execution	execution	NOUN
cblr-8638	428	14	in	in	ADP
cblr-8638	428	15	offexchange	offexchange	NOUN
cblr-8638	428	16	market	market	NOUN
cblr-8638	428	17	making	making	NOUN
cblr-8638	428	18	:	:	PUNCT
cblr-8638	428	19	persistent	persistent	ADJ
cblr-8638	428	20	issues	issue	NOUN
cblr-8638	428	21	and	and	CCONJ
cblr-8638	428	22	their	their	PRON
cblr-8638	428	23	emerging	emerge	VERB
cblr-8638	428	24	iterations	iteration	NOUN
cblr-8638	428	25	,	,	PUNCT
cblr-8638	428	26	medium	medium	NOUN
cblr-8638	428	27	(	(	PUNCT
cblr-8638	428	28	nov	nov	PROPN
cblr-8638	428	29	.	.	PROPN
cblr-8638	428	30	13	13	NUM
cblr-8638	428	31	,	,	PUNCT
cblr-8638	428	32	2020	2020	NUM
cblr-8638	428	33	)	)	PUNCT
cblr-8638	428	34	,	,	PUNCT
cblr-8638	428	35	https://medium.com/@s_v_dolgopolov/the-role-ofthe-duty-of-best-execution-in-off-exchange-market-making-persistent-issues-and-their-460b7e9971a9	https://medium.com/@s_v_dolgopolov/the-role-ofthe-duty-of-best-execution-in-off-exchange-market-making-persistent-issues-and-their-460b7e9971a9	VERB
cblr-8638	428	36	[	[	X
cblr-8638	428	37	https://perma.cc/f4te-bwdr	https://perma.cc/f4te-bwdr	NOUN
cblr-8638	428	38	]	]	PUNCT
cblr-8638	428	39	.	.	PUNCT
cblr-8638	429	1	107	107	NUM
cblr-8638	429	2	fin	fin	NOUN
cblr-8638	429	3	.	.	PUNCT
cblr-8638	430	1	servs	servs	PROPN
cblr-8638	430	2	.	.	PUNCT
cblr-8638	431	1	auth	auth	PROPN
cblr-8638	431	2	.	.	PUNCT
cblr-8638	431	3	,	,	PUNCT
cblr-8638	431	4	guidance	guidance	NOUN
cblr-8638	431	5	on	on	ADP
cblr-8638	431	6	the	the	DET
cblr-8638	431	7	practice	practice	NOUN
cblr-8638	431	8	of	of	ADP
cblr-8638	431	9	‘	'	PUNCT
cblr-8638	431	10	payment	payment	NOUN
cblr-8638	431	11	for	for	ADP
cblr-8638	431	12	order	order	NOUN
cblr-8638	431	13	flow	flow	NOUN
cblr-8638	431	14	’	'	PUNCT
cblr-8638	431	15	1	1	NUM
cblr-8638	431	16	(	(	PUNCT
cblr-8638	431	17	2012	2012	NUM
cblr-8638	431	18	)	)	PUNCT
cblr-8638	431	19	,	,	PUNCT
cblr-8638	431	20	https://www.fca.org.uk/publication/finalised-guidance/fg12-13.pdf	https://www.fca.org.uk/publication/finalised-guidance/fg12-13.pdf	PUNCT
cblr-8638	432	1	[	[	X
cblr-8638	432	2	https://perma.cc/k6f5-6tth	https://perma.cc/k6f5-6tth	X
cblr-8638	432	3	]	]	X
cblr-8638	432	4	(	(	PUNCT
cblr-8638	432	5	instructing	instruct	VERB
cblr-8638	432	6	that	that	DET
cblr-8638	432	7	payment	payment	NOUN
cblr-8638	432	8	for	for	ADP
cblr-8638	432	9	order	order	NOUN
cblr-8638	432	10	flow	flow	NOUN
cblr-8638	432	11	generally	generally	ADV
cblr-8638	432	12	is	be	AUX
cblr-8638	432	13	impermissible	impermissible	ADJ
cblr-8638	432	14	)	)	PUNCT
cblr-8638	432	15	.	.	PUNCT
cblr-8638	433	1	108	108	NUM
cblr-8638	433	2	daren	daren	PROPN
cblr-8638	433	3	fonda	fonda	PROPN
cblr-8638	433	4	,	,	PUNCT
cblr-8638	433	5	there	there	PRON
cblr-8638	433	6	are	be	VERB
cblr-8638	433	7	more	more	ADJ
cblr-8638	433	8	ways	way	NOUN
cblr-8638	433	9	to	to	PART
cblr-8638	433	10	trade	trade	VERB
cblr-8638	433	11	stocks	stock	NOUN
cblr-8638	433	12	for	for	ADP
cblr-8638	433	13	free	free	ADJ
cblr-8638	433	14	.	.	PUNCT
cblr-8638	434	1	but	but	CCONJ
cblr-8638	434	2	there	there	PRON
cblr-8638	434	3	’s	’	VERB
cblr-8638	434	4	a	a	DET
cblr-8638	434	5	catch	catch	NOUN
cblr-8638	434	6	,	,	PUNCT
cblr-8638	434	7	barron	barron	PROPN
cblr-8638	434	8	’s	’s	PART
cblr-8638	434	9	(	(	PUNCT
cblr-8638	434	10	oct	oct	PROPN
cblr-8638	434	11	.	.	PROPN
cblr-8638	434	12	1	1	NUM
cblr-8638	434	13	,	,	PUNCT
cblr-8638	434	14	2019	2019	NUM
cblr-8638	434	15	,	,	PUNCT
cblr-8638	434	16	7:30	7:30	NUM
cblr-8638	434	17	am	am	NOUN
cblr-8638	434	18	)	)	PUNCT
cblr-8638	434	19	,	,	PUNCT
cblr-8638	434	20	https://www.barrons.com/articles/there-are-more-ways-to-trade-stocks-for-free-but-theresa-catch-51569929400	https://www.barrons.com/articles/there-are-more-ways-to-trade-stocks-for-free-but-theresa-catch-51569929400	PUNCT
cblr-8638	435	1	[	[	X
cblr-8638	435	2	https://perma.cc/rtr8-g32q	https://perma.cc/rtr8-g32q	X
cblr-8638	435	3	]	]	X
cblr-8638	435	4	.	.	PUNCT
cblr-8638	436	1	109	109	NUM
cblr-8638	436	2	see	see	VERB
cblr-8638	436	3	fin	fin	NOUN
cblr-8638	436	4	.	.	PUNCT
cblr-8638	437	1	conduct	conduct	VERB
cblr-8638	437	2	auth	auth	PRON
cblr-8638	437	3	.	.	PUNCT
cblr-8638	437	4	,	,	PUNCT
cblr-8638	437	5	mkt	mkt	PROPN
cblr-8638	437	6	.	.	PUNCT
cblr-8638	437	7	watch	watch	VERB
cblr-8638	437	8	no	no	INTJ
cblr-8638	437	9	.	.	PROPN
cblr-8638	437	10	51	51	NUM
cblr-8638	437	11	,	,	PUNCT
cblr-8638	437	12	observations	observation	NOUN
cblr-8638	437	13	from	from	ADP
cblr-8638	437	14	market	market	NOUN
cblr-8638	437	15	maker	maker	NOUN
cblr-8638	437	16	review	review	VERB
cblr-8638	437	17	5	5	NUM
cblr-8638	437	18	(	(	PUNCT
cblr-8638	437	19	2016	2016	NUM
cblr-8638	437	20	)	)	PUNCT
cblr-8638	437	21	,	,	PUNCT
cblr-8638	437	22	https://www.fca.org.uk/publication/newsletters/marketwatch-51.pdf	https://www.fca.org.uk/publication/newsletters/marketwatch-51.pdf	VERB
cblr-8638	438	1	[	[	X
cblr-8638	438	2	https://perma.cc/hzn8-kwp3	https://perma.cc/hzn8-kwp3	X
cblr-8638	438	3	]	]	X
cblr-8638	438	4	.	.	PUNCT
cblr-8638	439	1	110	110	NUM
cblr-8638	439	2	i	i	PRON
cblr-8638	439	3	d.	d.	PROPN
cblr-8638	439	4	111	111	NUM
cblr-8638	440	1	i	i	PRON
cblr-8638	440	2	d.	d.	PROPN
cblr-8638	440	3	112	112	NUM
cblr-8638	441	1	i	i	PROPN
cblr-8638	441	2	d.	d.	PROPN
cblr-8638	441	3	macey	macey	PROPN
cblr-8638	441	4	8/22/2021	8/22/2021	NUM
cblr-8638	441	5	3:47	3:47	NUM
cblr-8638	441	6	pm	pm	NOUN
cblr-8638	441	7	no	no	INTJ
cblr-8638	441	8	.	.	PUNCT
cblr-8638	442	1	2:796	2:796	NUM
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cblr-8638	442	3	securities	security	NOUN
cblr-8638	442	4	regulation	regulation	NOUN
cblr-8638	442	5	and	and	CCONJ
cblr-8638	442	6	class	class	NOUN
cblr-8638	442	7	warfare	warfare	NOUN
cblr-8638	442	8	823	823	NUM
cblr-8638	442	9	the	the	DET
cblr-8638	442	10	sec	sec	PROPN
cblr-8638	442	11	’s	’s	PART
cblr-8638	442	12	regulation	regulation	NOUN
cblr-8638	442	13	national	national	ADJ
cblr-8638	442	14	market	market	NOUN
cblr-8638	442	15	system	system	NOUN
cblr-8638	442	16	(	(	PUNCT
cblr-8638	442	17	reg	reg	PROPN
cblr-8638	442	18	nms	nms	NOUN
cblr-8638	442	19	)	)	PUNCT
cblr-8638	442	20	requires	require	VERB
cblr-8638	442	21	that	that	SCONJ
cblr-8638	442	22	customers	customer	NOUN
cblr-8638	442	23	receive	receive	VERB
cblr-8638	442	24	the	the	DET
cblr-8638	442	25	nbbo	nbbo	NOUN
cblr-8638	442	26	,	,	PUNCT
cblr-8638	442	27	or	or	CCONJ
cblr-8638	442	28	the	the	DET
cblr-8638	442	29	national	national	ADJ
cblr-8638	442	30	best	good	ADJ
cblr-8638	442	31	bid	bid	NOUN
cblr-8638	442	32	,	,	PUNCT
cblr-8638	442	33	best	good	ADJ
cblr-8638	442	34	offer	offer	NOUN
cblr-8638	442	35	,	,	PUNCT
cblr-8638	442	36	at	at	ADP
cblr-8638	442	37	a	a	DET
cblr-8638	442	38	minimum.113	minimum.113	NOUN
cblr-8638	442	39	this	this	PRON
cblr-8638	442	40	means	mean	VERB
cblr-8638	442	41	that	that	SCONJ
cblr-8638	442	42	customers	customer	NOUN
cblr-8638	442	43	must	must	AUX
cblr-8638	442	44	receive	receive	VERB
cblr-8638	442	45	the	the	DET
cblr-8638	442	46	best	good	ADJ
cblr-8638	442	47	publicly	publicly	ADV
cblr-8638	442	48	available	available	ADJ
cblr-8638	442	49	price	price	NOUN
cblr-8638	442	50	.	.	PUNCT
cblr-8638	443	1	the	the	DET
cblr-8638	443	2	issue	issue	NOUN
cblr-8638	443	3	with	with	ADP
cblr-8638	443	4	payment	payment	NOUN
cblr-8638	443	5	for	for	ADP
cblr-8638	443	6	order	order	NOUN
cblr-8638	443	7	flow	flow	NOUN
cblr-8638	443	8	is	be	AUX
cblr-8638	443	9	that	that	SCONJ
cblr-8638	443	10	it	it	PRON
cblr-8638	443	11	becomes	become	VERB
cblr-8638	443	12	difficult	difficult	ADJ
cblr-8638	443	13	to	to	PART
cblr-8638	443	14	determine	determine	VERB
cblr-8638	443	15	whether	whether	SCONJ
cblr-8638	443	16	this	this	DET
cblr-8638	443	17	technique	technique	NOUN
cblr-8638	443	18	limits	limit	VERB
cblr-8638	443	19	customers	customer	NOUN
cblr-8638	443	20	’	’	PART
cblr-8638	443	21	ability	ability	NOUN
cblr-8638	443	22	to	to	PART
cblr-8638	443	23	get	get	VERB
cblr-8638	443	24	a	a	DET
cblr-8638	443	25	better	well	ADJ
cblr-8638	443	26	deal	deal	NOUN
cblr-8638	443	27	on	on	ADP
cblr-8638	443	28	particular	particular	ADJ
cblr-8638	443	29	trades	trade	NOUN
cblr-8638	443	30	.	.	PUNCT
cblr-8638	444	1	commentators	commentator	NOUN
cblr-8638	444	2	have	have	AUX
cblr-8638	444	3	pointed	point	VERB
cblr-8638	444	4	out	out	ADP
cblr-8638	444	5	that	that	SCONJ
cblr-8638	444	6	hfts	hft	NOUN
cblr-8638	444	7	that	that	PRON
cblr-8638	444	8	pay	pay	VERB
cblr-8638	444	9	for	for	ADP
cblr-8638	444	10	order	order	NOUN
cblr-8638	444	11	flow	flow	NOUN
cblr-8638	444	12	actually	actually	ADV
cblr-8638	444	13	transfer	transfer	VERB
cblr-8638	444	14	wealth	wealth	NOUN
cblr-8638	444	15	from	from	ADP
cblr-8638	444	16	retail	retail	ADJ
cblr-8638	444	17	traders	trader	NOUN
cblr-8638	444	18	to	to	ADP
cblr-8638	444	19	themselves	themselves	PRON
cblr-8638	444	20	in	in	ADP
cblr-8638	444	21	ways	way	NOUN
cblr-8638	444	22	that	that	PRON
cblr-8638	444	23	(	(	PUNCT
cblr-8638	444	24	1	1	X
cblr-8638	444	25	)	)	PUNCT
cblr-8638	444	26	undermine	undermine	ADJ
cblr-8638	444	27	market	market	NOUN
cblr-8638	444	28	quality	quality	NOUN
cblr-8638	444	29	and	and	CCONJ
cblr-8638	444	30	(	(	PUNCT
cblr-8638	444	31	2	2	NUM
cblr-8638	444	32	)	)	PUNCT
cblr-8638	444	33	result	result	NOUN
cblr-8638	444	34	in	in	ADP
cblr-8638	444	35	customers	customer	NOUN
cblr-8638	444	36	receiving	receive	VERB
cblr-8638	444	37	suboptimal	suboptimal	ADJ
cblr-8638	444	38	trade	trade	NOUN
cblr-8638	444	39	execution	execution	NOUN
cblr-8638	444	40	quality	quality	NOUN
cblr-8638	444	41	.	.	PUNCT
cblr-8638	445	1	one	one	NUM
cblr-8638	445	2	such	such	ADJ
cblr-8638	445	3	wealth	wealth	NOUN
cblr-8638	445	4	-	-	PUNCT
cblr-8638	445	5	transfer	transfer	NOUN
cblr-8638	445	6	practice	practice	NOUN
cblr-8638	445	7	is	be	AUX
cblr-8638	445	8	order	order	NOUN
cblr-8638	445	9	bundling	bundle	VERB
cblr-8638	445	10	.	.	PUNCT
cblr-8638	446	1	order	order	NOUN
cblr-8638	446	2	bundling	bundle	VERB
cblr-8638	446	3	occurs	occur	VERB
cblr-8638	446	4	when	when	SCONJ
cblr-8638	446	5	several	several	ADJ
cblr-8638	446	6	clients	client	NOUN
cblr-8638	446	7	at	at	ADP
cblr-8638	446	8	the	the	DET
cblr-8638	446	9	same	same	ADJ
cblr-8638	446	10	brokerage	brokerage	NOUN
cblr-8638	446	11	place	place	NOUN
cblr-8638	446	12	a	a	DET
cblr-8638	446	13	buy	buy	NOUN
cblr-8638	446	14	order	order	NOUN
cblr-8638	446	15	on	on	ADP
cblr-8638	446	16	the	the	DET
cblr-8638	446	17	same	same	ADJ
cblr-8638	446	18	stock	stock	NOUN
cblr-8638	446	19	at	at	ADP
cblr-8638	446	20	about	about	ADV
cblr-8638	446	21	the	the	DET
cblr-8638	446	22	same	same	ADJ
cblr-8638	446	23	time	time	NOUN
cblr-8638	446	24	.	.	PUNCT
cblr-8638	447	1	instead	instead	ADV
cblr-8638	447	2	of	of	ADP
cblr-8638	447	3	processing	process	VERB
cblr-8638	447	4	the	the	DET
cblr-8638	447	5	orders	order	NOUN
cblr-8638	447	6	separately	separately	ADV
cblr-8638	447	7	for	for	ADP
cblr-8638	447	8	each	each	DET
cblr-8638	447	9	client	client	NOUN
cblr-8638	447	10	,	,	PUNCT
cblr-8638	447	11	wholesalers	wholesaler	NOUN
cblr-8638	447	12	will	will	AUX
cblr-8638	447	13	bundle	bundle	VERB
cblr-8638	447	14	all	all	PRON
cblr-8638	447	15	of	of	ADP
cblr-8638	447	16	those	those	DET
cblr-8638	447	17	orders	order	NOUN
cblr-8638	447	18	into	into	ADP
cblr-8638	447	19	one	one	NUM
cblr-8638	447	20	.	.	PUNCT
cblr-8638	448	1	these	these	DET
cblr-8638	448	2	bundled	bundle	VERB
cblr-8638	448	3	offers	offer	NOUN
cblr-8638	448	4	often	often	ADV
cblr-8638	448	5	give	give	VERB
cblr-8638	448	6	hfts	hft	NOUN
cblr-8638	448	7	“	"	PUNCT
cblr-8638	448	8	certain	certain	ADJ
cblr-8638	448	9	[	[	X
cblr-8638	448	10	valuable	valuable	ADJ
cblr-8638	448	11	]	]	X
cblr-8638	448	12	information	information	NOUN
cblr-8638	448	13	about	about	ADP
cblr-8638	448	14	future	future	ADJ
cblr-8638	448	15	short	short	ADJ
cblr-8638	448	16	-	-	PUNCT
cblr-8638	448	17	term	term	NOUN
cblr-8638	448	18	price	price	NOUN
cblr-8638	448	19	movements	movement	NOUN
cblr-8638	448	20	.	.	PUNCT
cblr-8638	448	21	”114	”114	PUNCT
cblr-8638	449	1	since	since	SCONJ
cblr-8638	449	2	“	"	PUNCT
cblr-8638	449	3	retail	retail	ADJ
cblr-8638	449	4	traders	trader	NOUN
cblr-8638	449	5	are	be	AUX
cblr-8638	449	6	generally	generally	ADV
cblr-8638	449	7	less	less	ADV
cblr-8638	449	8	informed	informed	ADJ
cblr-8638	449	9	than	than	ADP
cblr-8638	449	10	their	their	PRON
cblr-8638	449	11	institutional	institutional	ADJ
cblr-8638	449	12	counterparts	counterpart	NOUN
cblr-8638	449	13	,	,	PUNCT
cblr-8638	449	14	wholesalers	wholesaler	NOUN
cblr-8638	449	15	will	will	AUX
cblr-8638	449	16	often	often	ADV
cblr-8638	449	17	take	take	VERB
cblr-8638	449	18	the	the	DET
cblr-8638	449	19	opposite	opposite	ADJ
cblr-8638	449	20	side	side	NOUN
cblr-8638	449	21	of	of	ADP
cblr-8638	449	22	the	the	DET
cblr-8638	449	23	trade	trade	NOUN
cblr-8638	449	24	,	,	PUNCT
cblr-8638	449	25	if	if	SCONJ
cblr-8638	449	26	the	the	DET
cblr-8638	449	27	institutional	institutional	ADJ
cblr-8638	449	28	flow	flow	NOUN
cblr-8638	449	29	is	be	AUX
cblr-8638	449	30	moving	move	VERB
cblr-8638	449	31	in	in	ADP
cblr-8638	449	32	that	that	DET
cblr-8638	449	33	direction	direction	NOUN
cblr-8638	449	34	.	.	PUNCT
cblr-8638	450	1	”115	”115	PUNCT
cblr-8638	450	2	another	another	DET
cblr-8638	450	3	wealth	wealth	NOUN
cblr-8638	450	4	-	-	PUNCT
cblr-8638	450	5	transfer	transfer	NOUN
cblr-8638	450	6	practice	practice	NOUN
cblr-8638	450	7	is	be	AUX
cblr-8638	450	8	latency	latency	NOUN
cblr-8638	450	9	arbitrage	arbitrage	NOUN
cblr-8638	450	10	.	.	PUNCT
cblr-8638	451	1	the	the	DET
cblr-8638	451	2	hfts	hft	NOUN
cblr-8638	451	3	who	who	PRON
cblr-8638	451	4	interact	interact	VERB
cblr-8638	451	5	with	with	ADP
cblr-8638	451	6	slower	slow	ADJ
cblr-8638	451	7	retail	retail	ADJ
cblr-8638	451	8	traders	trader	NOUN
cblr-8638	451	9	on	on	ADP
cblr-8638	451	10	robinhood	robinhood	PROPN
cblr-8638	451	11	essentially	essentially	ADV
cblr-8638	451	12	free	free	ADJ
cblr-8638	451	13	ride	ride	NOUN
cblr-8638	451	14	off	off	ADP
cblr-8638	451	15	of	of	ADP
cblr-8638	451	16	the	the	DET
cblr-8638	451	17	information	information	NOUN
cblr-8638	451	18	in	in	ADP
cblr-8638	451	19	the	the	DET
cblr-8638	451	20	retail	retail	ADJ
cblr-8638	451	21	traders	trader	NOUN
cblr-8638	451	22	’	’	PART
cblr-8638	451	23	orders	order	NOUN
cblr-8638	451	24	.	.	PUNCT
cblr-8638	452	1	the	the	DET
cblr-8638	452	2	hfts	hft	NOUN
cblr-8638	452	3	will	will	AUX
cblr-8638	452	4	thus	thus	ADV
cblr-8638	452	5	act	act	VERB
cblr-8638	452	6	on	on	ADP
cblr-8638	452	7	available	available	ADJ
cblr-8638	452	8	information	information	NOUN
cblr-8638	452	9	signals	signal	NOUN
cblr-8638	452	10	faster	fast	ADV
cblr-8638	452	11	than	than	SCONJ
cblr-8638	452	12	the	the	DET
cblr-8638	452	13	retail	retail	ADJ
cblr-8638	452	14	investors	investor	NOUN
cblr-8638	452	15	are	be	AUX
cblr-8638	452	16	able	able	ADJ
cblr-8638	452	17	to.116	to.116	INTJ
cblr-8638	452	18	this	this	DET
cblr-8638	452	19	practice	practice	NOUN
cblr-8638	452	20	has	have	AUX
cblr-8638	452	21	been	be	AUX
cblr-8638	452	22	labeled	label	VERB
cblr-8638	452	23	‘	'	PUNCT
cblr-8638	452	24	toxic	toxic	ADJ
cblr-8638	452	25	arbitrage	arbitrage	NOUN
cblr-8638	452	26	’	'	PUNCT
cblr-8638	452	27	and	and	CCONJ
cblr-8638	452	28	is	be	AUX
cblr-8638	452	29	thought	think	VERB
cblr-8638	452	30	to	to	PART
cblr-8638	452	31	reduce	reduce	VERB
cblr-8638	452	32	113	113	NUM
cblr-8638	452	33	17	17	NUM
cblr-8638	452	34	c.f.r	c.f.r	NOUN
cblr-8638	452	35	.	.	PUNCT
cblr-8638	453	1	§	§	PROPN
cblr-8638	453	2	242.611(a	242.611(a	NUM
cblr-8638	453	3	)	)	PUNCT
cblr-8638	453	4	(	(	PUNCT
cblr-8638	453	5	2020	2020	NUM
cblr-8638	453	6	)	)	PUNCT
cblr-8638	453	7	.	.	PUNCT
cblr-8638	454	1	114	114	NUM
cblr-8638	454	2	warrior	warrior	NOUN
cblr-8638	454	3	trading	trading	NOUN
cblr-8638	454	4	,	,	PUNCT
cblr-8638	454	5	a	a	DET
cblr-8638	454	6	primer	primer	NOUN
cblr-8638	454	7	on	on	ADP
cblr-8638	454	8	payment	payment	NOUN
cblr-8638	454	9	for	for	ADP
cblr-8638	454	10	order	order	NOUN
cblr-8638	454	11	flow	flow	NOUN
cblr-8638	454	12	:	:	PUNCT
cblr-8638	454	13	brokers	broker	NOUN
cblr-8638	454	14	selling	sell	VERB
cblr-8638	454	15	orders	order	NOUN
cblr-8638	454	16	to	to	ADP
cblr-8638	454	17	hfts	hft	NOUN
cblr-8638	454	18	,	,	PUNCT
cblr-8638	454	19	https://www.warriortrading.com/payment-for-order-flow	https://www.warriortrading.com/payment-for-order-flow	PROPN
cblr-8638	454	20	[	[	X
cblr-8638	454	21	https://perma.cc/ks7l-55dh	https://perma.cc/ks7l-55dh	NOUN
cblr-8638	454	22	]	]	X
cblr-8638	454	23	.	.	PUNCT
cblr-8638	454	24	115	115	NUM
cblr-8638	455	1	i	i	PRON
cblr-8638	455	2	d.	d.	PROPN
cblr-8638	455	3	116	116	NUM
cblr-8638	455	4	see	see	VERB
cblr-8638	455	5	robert	robert	PROPN
cblr-8638	455	6	p.	p.	PROPN
cblr-8638	455	7	bartlett	bartlett	PROPN
cblr-8638	455	8	iii	iii	PROPN
cblr-8638	455	9	&	&	CCONJ
cblr-8638	455	10	justin	justin	PROPN
cblr-8638	455	11	mccrary	mccrary	PROPN
cblr-8638	455	12	,	,	PUNCT
cblr-8638	455	13	how	how	SCONJ
cblr-8638	455	14	rigged	rig	VERB
cblr-8638	455	15	are	be	AUX
cblr-8638	455	16	stock	stock	NOUN
cblr-8638	455	17	markets	market	NOUN
cblr-8638	455	18	?	?	PUNCT
cblr-8638	456	1	evidence	evidence	NOUN
cblr-8638	456	2	from	from	ADP
cblr-8638	456	3	microsecond	microsecond	NOUN
cblr-8638	456	4	timestamps	timestamp	NOUN
cblr-8638	456	5	,	,	PUNCT
cblr-8638	456	6	45	45	NUM
cblr-8638	456	7	j.	j.	PROPN
cblr-8638	456	8	fin	fin	PROPN
cblr-8638	456	9	.	.	PUNCT
cblr-8638	457	1	mkts	mkts	NOUN
cblr-8638	457	2	.	.	PUNCT
cblr-8638	458	1	37	37	NUM
cblr-8638	458	2	,	,	PUNCT
cblr-8638	458	3	37	37	NUM
cblr-8638	458	4	–	–	PUNCT
cblr-8638	458	5	38	38	NUM
cblr-8638	458	6	(	(	PUNCT
cblr-8638	458	7	2019	2019	NUM
cblr-8638	458	8	)	)	PUNCT
cblr-8638	458	9	.	.	PUNCT
cblr-8638	459	1	macey	macey	PROPN
cblr-8638	459	2	8/22/2021	8/22/2021	NUM
cblr-8638	459	3	3:47	3:47	NUM
cblr-8638	459	4	pm	pm	NOUN
cblr-8638	459	5	824	824	NUM
cblr-8638	459	6	columbia	columbia	PROPN
cblr-8638	459	7	business	business	NOUN
cblr-8638	459	8	law	law	PROPN
cblr-8638	459	9	review	review	NOUN
cblr-8638	460	1	[	[	X
cblr-8638	460	2	vol	vol	NOUN
cblr-8638	460	3	.	.	NOUN
cblr-8638	460	4	2021	2021	NUM
cblr-8638	460	5	liquidity	liquidity	NOUN
cblr-8638	460	6	in	in	ADP
cblr-8638	460	7	financial	financial	ADJ
cblr-8638	460	8	markets	market	NOUN
cblr-8638	460	9	by	by	ADP
cblr-8638	460	10	increasing	increase	VERB
cblr-8638	460	11	adverse	adverse	ADJ
cblr-8638	460	12	selection	selection	NOUN
cblr-8638	460	13	to	to	ADP
cblr-8638	460	14	liquidity	liquidity	NOUN
cblr-8638	460	15	providers.117	providers.117	NOUN
cblr-8638	460	16	given	give	VERB
cblr-8638	460	17	robinhood	robinhood	PROPN
cblr-8638	460	18	’s	’s	PART
cblr-8638	460	19	tendency	tendency	NOUN
cblr-8638	460	20	to	to	PART
cblr-8638	460	21	facilitate	facilitate	VERB
cblr-8638	460	22	the	the	DET
cblr-8638	460	23	above	above	ADV
cblr-8638	460	24	-	-	PUNCT
cblr-8638	460	25	mentioned	mention	VERB
cblr-8638	460	26	practices	practice	NOUN
cblr-8638	460	27	,	,	PUNCT
cblr-8638	460	28	it	it	PRON
cblr-8638	460	29	has	have	AUX
cblr-8638	460	30	been	be	AUX
cblr-8638	460	31	identified	identify	VERB
cblr-8638	460	32	as	as	ADP
cblr-8638	460	33	a	a	DET
cblr-8638	460	34	bad	bad	ADJ
cblr-8638	460	35	actor	actor	NOUN
cblr-8638	460	36	even	even	ADV
cblr-8638	460	37	among	among	ADP
cblr-8638	460	38	discount	discount	NOUN
cblr-8638	460	39	brokers	broker	NOUN
cblr-8638	460	40	,	,	PUNCT
cblr-8638	460	41	who	who	PRON
cblr-8638	460	42	execute	execute	VERB
cblr-8638	460	43	trades	trade	NOUN
cblr-8638	460	44	at	at	ADP
cblr-8638	460	45	zero	zero	NUM
cblr-8638	460	46	or	or	CCONJ
cblr-8638	460	47	low	low	ADJ
cblr-8638	460	48	commissions	commission	NOUN
cblr-8638	460	49	but	but	CCONJ
cblr-8638	460	50	do	do	AUX
cblr-8638	460	51	not	not	PART
cblr-8638	460	52	provide	provide	VERB
cblr-8638	460	53	investment	investment	NOUN
cblr-8638	460	54	advice	advice	NOUN
cblr-8638	460	55	.	.	PUNCT
cblr-8638	461	1	in	in	ADP
cblr-8638	461	2	a	a	DET
cblr-8638	461	3	recent	recent	ADJ
cblr-8638	461	4	enforcement	enforcement	NOUN
cblr-8638	461	5	action	action	NOUN
cblr-8638	461	6	,	,	PUNCT
cblr-8638	461	7	the	the	DET
cblr-8638	461	8	sec	sec	PROPN
cblr-8638	461	9	determined	determine	VERB
cblr-8638	461	10	that	that	SCONJ
cblr-8638	461	11	“	"	PUNCT
cblr-8638	461	12	between	between	ADP
cblr-8638	461	13	2015	2015	NUM
cblr-8638	461	14	and	and	CCONJ
cblr-8638	461	15	late	late	ADJ
cblr-8638	461	16	2018	2018	NUM
cblr-8638	461	17	,	,	PUNCT
cblr-8638	461	18	robinhood	robinhood	PROPN
cblr-8638	461	19	made	make	VERB
cblr-8638	461	20	misleading	misleading	ADJ
cblr-8638	461	21	statements	statement	NOUN
cblr-8638	461	22	and	and	CCONJ
cblr-8638	461	23	omissions	omission	NOUN
cblr-8638	461	24	in	in	ADP
cblr-8638	461	25	customer	customer	NOUN
cblr-8638	461	26	communications	communication	NOUN
cblr-8638	461	27	,	,	PUNCT
cblr-8638	461	28	including	include	VERB
cblr-8638	461	29	in	in	ADP
cblr-8638	461	30	faq	faq	NOUN
cblr-8638	461	31	pages	page	NOUN
cblr-8638	461	32	on	on	ADP
cblr-8638	461	33	its	its	PRON
cblr-8638	461	34	website	website	NOUN
cblr-8638	461	35	,	,	PUNCT
cblr-8638	461	36	about	about	ADP
cblr-8638	461	37	its	its	PRON
cblr-8638	461	38	largest	large	ADJ
cblr-8638	461	39	revenue	revenue	NOUN
cblr-8638	461	40	source	source	NOUN
cblr-8638	461	41	.	.	PUNCT
cblr-8638	461	42	”118	”118	PUNCT
cblr-8638	462	1	the	the	DET
cblr-8638	462	2	company	company	NOUN
cblr-8638	462	3	declined	decline	VERB
cblr-8638	462	4	to	to	PART
cblr-8638	462	5	describe	describe	VERB
cblr-8638	462	6	how	how	SCONJ
cblr-8638	462	7	it	it	PRON
cblr-8638	462	8	made	make	VERB
cblr-8638	462	9	money	money	NOUN
cblr-8638	462	10	—	—	PUNCT
cblr-8638	462	11	namely	namely	ADV
cblr-8638	462	12	,	,	PUNCT
cblr-8638	462	13	through	through	ADP
cblr-8638	462	14	the	the	DET
cblr-8638	462	15	practice	practice	NOUN
cblr-8638	462	16	of	of	ADP
cblr-8638	462	17	payment	payment	NOUN
cblr-8638	462	18	for	for	ADP
cblr-8638	462	19	order	order	NOUN
cblr-8638	462	20	flow.119	flow.119	NOUN
cblr-8638	462	21	”	"	PUNCT
cblr-8638	462	22	as	as	ADP
cblr-8638	462	23	the	the	DET
cblr-8638	462	24	sec	sec	PROPN
cblr-8638	462	25	’s	’s	PART
cblr-8638	462	26	order	order	NOUN
cblr-8638	462	27	f[ound	f[ound	ADV
cblr-8638	462	28	]	]	PUNCT
cblr-8638	462	29	,	,	PUNCT
cblr-8638	462	30	one	one	NUM
cblr-8638	462	31	of	of	ADP
cblr-8638	462	32	robinhood	robinhood	PROPN
cblr-8638	462	33	’s	’s	PART
cblr-8638	462	34	selling	selling	NOUN
cblr-8638	462	35	points	point	NOUN
cblr-8638	462	36	to	to	ADP
cblr-8638	462	37	customers	customer	NOUN
cblr-8638	462	38	was	be	AUX
cblr-8638	462	39	that	that	SCONJ
cblr-8638	462	40	trading	trading	NOUN
cblr-8638	462	41	was	be	AUX
cblr-8638	462	42	‘	'	PUNCT
cblr-8638	462	43	commission	commission	NOUN
cblr-8638	462	44	free	free	ADJ
cblr-8638	462	45	.	.	PUNCT
cblr-8638	463	1	’”120	’”120	PROPN
cblr-8638	463	2	yet	yet	ADV
cblr-8638	463	3	,	,	PUNCT
cblr-8638	463	4	“	"	PUNCT
cblr-8638	463	5	due	due	ADJ
cblr-8638	463	6	in	in	ADP
cblr-8638	463	7	large	large	ADJ
cblr-8638	463	8	part	part	NOUN
cblr-8638	463	9	to	to	ADP
cblr-8638	463	10	its	its	PRON
cblr-8638	463	11	unusually	unusually	ADV
cblr-8638	463	12	high	high	ADJ
cblr-8638	463	13	payment	payment	NOUN
cblr-8638	463	14	for	for	ADP
cblr-8638	463	15	order	order	NOUN
cblr-8638	463	16	flow	flow	NOUN
cblr-8638	463	17	rates	rate	NOUN
cblr-8638	463	18	,	,	PUNCT
cblr-8638	463	19	robinhood	robinhood	PROPN
cblr-8638	463	20	customers	customer	NOUN
cblr-8638	463	21	’	’	PART
cblr-8638	463	22	orders	order	NOUN
cblr-8638	463	23	were	be	AUX
cblr-8638	463	24	executed	execute	VERB
cblr-8638	463	25	at	at	ADP
cblr-8638	463	26	prices	price	NOUN
cblr-8638	463	27	that	that	PRON
cblr-8638	463	28	were	be	AUX
cblr-8638	463	29	inferior	inferior	ADJ
cblr-8638	463	30	to	to	ADP
cblr-8638	463	31	other	other	ADJ
cblr-8638	463	32	brokers	broker	NOUN
cblr-8638	463	33	’	’	PART
cblr-8638	463	34	prices	price	NOUN
cblr-8638	463	35	.	.	PUNCT
cblr-8638	464	1	”121	”121	VERB
cblr-8638	464	2	despite	despite	SCONJ
cblr-8638	464	3	this	this	DET
cblr-8638	464	4	inferiority	inferiority	NOUN
cblr-8638	464	5	,	,	PUNCT
cblr-8638	464	6	the	the	DET
cblr-8638	464	7	order	order	NOUN
cblr-8638	464	8	continued	continue	VERB
cblr-8638	464	9	,	,	PUNCT
cblr-8638	464	10	“	"	PUNCT
cblr-8638	464	11	robinhood	robinhood	PROPN
cblr-8638	464	12	falsely	falsely	ADV
cblr-8638	464	13	claimed	claim	VERB
cblr-8638	464	14	in	in	ADP
cblr-8638	464	15	a	a	DET
cblr-8638	464	16	website	website	NOUN
cblr-8638	464	17	faq	faq	NOUN
cblr-8638	464	18	between	between	ADP
cblr-8638	464	19	october	october	PROPN
cblr-8638	464	20	2018	2018	NUM
cblr-8638	464	21	and	and	CCONJ
cblr-8638	464	22	june	june	PROPN
cblr-8638	464	23	2019	2019	NUM
cblr-8638	464	24	that	that	SCONJ
cblr-8638	464	25	its	its	PRON
cblr-8638	464	26	execution	execution	NOUN
cblr-8638	464	27	quality	quality	NOUN
cblr-8638	464	28	matched	match	VERB
cblr-8638	464	29	or	or	CCONJ
cblr-8638	464	30	beat	beat	VERB
cblr-8638	464	31	that	that	PRON
cblr-8638	464	32	of	of	ADP
cblr-8638	464	33	its	its	PRON
cblr-8638	464	34	competitors	competitor	NOUN
cblr-8638	464	35	.	.	PUNCT
cblr-8638	465	1	”122	”122	PUNCT
cblr-8638	466	1	the	the	DET
cblr-8638	466	2	order	order	NOUN
cblr-8638	466	3	determined	determine	VERB
cblr-8638	466	4	“	"	PUNCT
cblr-8638	466	5	that	that	SCONJ
cblr-8638	466	6	robinhood	robinhood	PROPN
cblr-8638	466	7	provided	provide	VERB
cblr-8638	466	8	inferior	inferior	ADJ
cblr-8638	466	9	trade	trade	NOUN
cblr-8638	466	10	prices	price	NOUN
cblr-8638	467	1	that	that	PRON
cblr-8638	467	2	in	in	ADP
cblr-8638	467	3	aggregate	aggregate	ADJ
cblr-8638	467	4	deprived	deprive	VERB
cblr-8638	467	5	customers	customer	NOUN
cblr-8638	467	6	of	of	ADP
cblr-8638	467	7	$	$	SYM
cblr-8638	467	8	34.1	34.1	NUM
cblr-8638	467	9	million	million	NUM
cblr-8638	467	10	.	.	PUNCT
cblr-8638	467	11	”123	”123	NOUN
cblr-8638	467	12	more	more	ADV
cblr-8638	467	13	significantly	significantly	ADV
cblr-8638	467	14	,	,	PUNCT
cblr-8638	467	15	that	that	DET
cblr-8638	467	16	number	number	NOUN
cblr-8638	467	17	was	be	AUX
cblr-8638	467	18	calculated	calculate	VERB
cblr-8638	467	19	after	after	ADP
cblr-8638	467	20	taking	take	VERB
cblr-8638	467	21	into	into	ADP
cblr-8638	467	22	account	account	NOUN
cblr-8638	467	23	customers	customer	NOUN
cblr-8638	467	24	’	'	PUNCT
cblr-8638	467	25	savings	saving	NOUN
cblr-8638	467	26	from	from	ADP
cblr-8638	467	27	not	not	PART
cblr-8638	467	28	paying	pay	VERB
cblr-8638	467	29	a	a	DET
cblr-8638	467	30	commission.124	commission.124	ADJ
cblr-8638	467	31	robinhood	robinhood	NOUN
cblr-8638	467	32	continued	continue	VERB
cblr-8638	467	33	to	to	PART
cblr-8638	467	34	make	make	VERB
cblr-8638	467	35	similar	similar	ADJ
cblr-8638	467	36	false	false	ADJ
cblr-8638	467	37	and	and	CCONJ
cblr-8638	467	38	misleading	misleading	ADJ
cblr-8638	467	39	statements	statement	NOUN
cblr-8638	467	40	throughout	throughout	ADP
cblr-8638	467	41	its	its	PRON
cblr-8638	467	42	growth	growth	NOUN
cblr-8638	467	43	to	to	PART
cblr-8638	467	44	attract	attract	VERB
cblr-8638	467	45	more	more	ADJ
cblr-8638	467	46	customers	customer	NOUN
cblr-8638	467	47	,	,	PUNCT
cblr-8638	467	48	while	while	SCONJ
cblr-8638	467	49	refusing	refuse	VERB
cblr-8638	467	50	to	to	PART
cblr-8638	467	51	disclose	disclose	VERB
cblr-8638	467	52	the	the	DET
cblr-8638	467	53	truth	truth	NOUN
cblr-8638	467	54	behind	behind	ADP
cblr-8638	467	55	117	117	NUM
cblr-8638	467	56	see	see	NOUN
cblr-8638	467	57	matteo	matteo	PROPN
cblr-8638	467	58	aquilina	aquilina	PROPN
cblr-8638	467	59	et	et	PROPN
cblr-8638	467	60	al	al	PROPN
cblr-8638	467	61	.	.	PROPN
cblr-8638	467	62	,	,	PUNCT
cblr-8638	467	63	dark	dark	ADJ
cblr-8638	467	64	pool	pool	NOUN
cblr-8638	467	65	reference	reference	NOUN
cblr-8638	467	66	price	price	NOUN
cblr-8638	467	67	latency	latency	NOUN
cblr-8638	467	68	arbitrage	arbitrage	NOUN
cblr-8638	467	69	2	2	NUM
cblr-8638	467	70	(	(	PUNCT
cblr-8638	467	71	may	may	PROPN
cblr-8638	467	72	10	10	NUM
cblr-8638	467	73	,	,	PUNCT
cblr-8638	467	74	2017	2017	NUM
cblr-8638	467	75	)	)	PUNCT
cblr-8638	467	76	(	(	PUNCT
cblr-8638	467	77	unpublished	unpublished	ADJ
cblr-8638	467	78	manuscript	manuscript	NOUN
cblr-8638	467	79	)	)	PUNCT
cblr-8638	467	80	,	,	PUNCT
cblr-8638	468	1	https://ifrogs.org/pdf/conf_2017/aquilina_foley_oneill_ruf_2017.pdf	https://ifrogs.org/pdf/conf_2017/aquilina_foley_oneill_ruf_2017.pdf	X
cblr-8638	469	1	[	[	X
cblr-8638	469	2	https://perma.cc/q2bp-wq4w	https://perma.cc/q2bp-wq4w	X
cblr-8638	469	3	]	]	X
cblr-8638	469	4	.	.	PUNCT
cblr-8638	470	1	118	118	NUM
cblr-8638	470	2	see	see	VERB
cblr-8638	470	3	press	press	NOUN
cblr-8638	470	4	release	release	NOUN
cblr-8638	470	5	,	,	PUNCT
cblr-8638	470	6	u.s	u.s	PROPN
cblr-8638	470	7	.	.	PROPN
cblr-8638	470	8	sec	sec	PROPN
cblr-8638	470	9	.	.	PROPN
cblr-8638	470	10	&	&	CCONJ
cblr-8638	470	11	exch	exch	PROPN
cblr-8638	470	12	.	.	PUNCT
cblr-8638	471	1	comm’n	comm’n	PROPN
cblr-8638	471	2	,	,	PUNCT
cblr-8638	471	3	supra	supra	ADJ
cblr-8638	471	4	note	note	NOUN
cblr-8638	471	5	81	81	NUM
cblr-8638	471	6	.	.	PUNCT
cblr-8638	472	1	119	119	NUM
cblr-8638	472	2	see	see	VERB
cblr-8638	472	3	i	i	PRON
cblr-8638	472	4	d.	d.	PROPN
cblr-8638	472	5	120	120	NUM
cblr-8638	473	1	i	i	PROPN
cblr-8638	473	2	d.	d.	PROPN
cblr-8638	473	3	121	121	NUM
cblr-8638	474	1	i	i	PRON
cblr-8638	474	2	d.	d.	PROPN
cblr-8638	474	3	122	122	NUM
cblr-8638	475	1	i	i	PRON
cblr-8638	475	2	d.	d.	PROPN
cblr-8638	475	3	123	123	NUM
cblr-8638	476	1	i	i	PRON
cblr-8638	476	2	d.	d.	PROPN
cblr-8638	476	3	124	124	NUM
cblr-8638	477	1	i	i	PROPN
cblr-8638	477	2	d.	d.	PROPN
cblr-8638	477	3	macey	macey	PROPN
cblr-8638	477	4	8/22/2021	8/22/2021	NUM
cblr-8638	477	5	3:47	3:47	NUM
cblr-8638	477	6	pm	pm	NOUN
cblr-8638	477	7	no	no	INTJ
cblr-8638	477	8	.	.	PUNCT
cblr-8638	478	1	2:796	2:796	NUM
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cblr-8638	478	3	securities	security	NOUN
cblr-8638	478	4	regulation	regulation	NOUN
cblr-8638	478	5	and	and	CCONJ
cblr-8638	478	6	class	class	NOUN
cblr-8638	478	7	warfare	warfare	NOUN
cblr-8638	478	8	825	825	NUM
cblr-8638	479	1	its	its	PRON
cblr-8638	479	2	business	business	NOUN
cblr-8638	479	3	model.125	model.125	NOUN
cblr-8638	479	4	ultimately	ultimately	ADV
cblr-8638	479	5	,	,	PUNCT
cblr-8638	479	6	robinhood	robinhood	PROPN
cblr-8638	479	7	was	be	AUX
cblr-8638	479	8	forced	force	VERB
cblr-8638	479	9	to	to	PART
cblr-8638	479	10	pay	pay	VERB
cblr-8638	479	11	a	a	DET
cblr-8638	479	12	fine	fine	NOUN
cblr-8638	479	13	of	of	ADP
cblr-8638	479	14	$	$	SYM
cblr-8638	479	15	65	65	NUM
cblr-8638	479	16	million	million	NUM
cblr-8638	479	17	for	for	ADP
cblr-8638	479	18	its	its	PRON
cblr-8638	479	19	role	role	NOUN
cblr-8638	479	20	in	in	ADP
cblr-8638	479	21	such	such	ADJ
cblr-8638	479	22	abusive	abusive	ADJ
cblr-8638	479	23	market	market	NOUN
cblr-8638	479	24	practices.126	practices.126	NOUN
cblr-8638	479	25	all	all	DET
cblr-8638	479	26	this	this	PRON
cblr-8638	479	27	considered	consider	VERB
cblr-8638	479	28	,	,	PUNCT
cblr-8638	479	29	it	it	PRON
cblr-8638	479	30	is	be	AUX
cblr-8638	479	31	ironic	ironic	ADJ
cblr-8638	479	32	that	that	SCONJ
cblr-8638	479	33	robinhood	robinhood	PROPN
cblr-8638	479	34	has	have	AUX
cblr-8638	479	35	tried	try	VERB
cblr-8638	479	36	to	to	PART
cblr-8638	479	37	pass	pass	VERB
cblr-8638	479	38	itself	itself	PRON
cblr-8638	479	39	off	off	ADP
cblr-8638	479	40	as	as	ADP
cblr-8638	479	41	a	a	DET
cblr-8638	479	42	friend	friend	NOUN
cblr-8638	479	43	to	to	ADP
cblr-8638	479	44	the	the	DET
cblr-8638	479	45	little	little	ADJ
cblr-8638	479	46	guy.127	guy.127	NOUN
cblr-8638	479	47	it	it	PRON
cblr-8638	479	48	never	never	ADV
cblr-8638	479	49	has	have	AUX
cblr-8638	479	50	been	be	AUX
cblr-8638	479	51	.	.	PUNCT
cblr-8638	480	1	one	one	NUM
cblr-8638	480	2	silver	silver	NOUN
cblr-8638	480	3	lining	lining	NOUN
cblr-8638	480	4	in	in	ADP
cblr-8638	480	5	the	the	DET
cblr-8638	480	6	reddit	reddit	NOUN
cblr-8638	480	7	/	/	SYM
cblr-8638	480	8	gamestop	gamestop	NOUN
cblr-8638	480	9	saga	saga	NOUN
cblr-8638	480	10	is	be	AUX
cblr-8638	480	11	that	that	SCONJ
cblr-8638	480	12	the	the	DET
cblr-8638	480	13	company	company	NOUN
cblr-8638	480	14	may	may	AUX
cblr-8638	480	15	finally	finally	ADV
cblr-8638	480	16	have	have	AUX
cblr-8638	480	17	been	be	AUX
cblr-8638	480	18	exposed	expose	VERB
cblr-8638	480	19	as	as	ADP
cblr-8638	480	20	just	just	ADV
cblr-8638	480	21	another	another	DET
cblr-8638	480	22	cog	cog	NOUN
cblr-8638	480	23	rigged	rig	VERB
cblr-8638	480	24	against	against	ADP
cblr-8638	480	25	the	the	DET
cblr-8638	480	26	little	little	ADJ
cblr-8638	480	27	guy	guy	NOUN
cblr-8638	480	28	in	in	ADP
cblr-8638	480	29	the	the	DET
cblr-8638	480	30	unfair	unfair	ADJ
cblr-8638	480	31	system	system	NOUN
cblr-8638	480	32	of	of	ADP
cblr-8638	480	33	securities	security	NOUN
cblr-8638	480	34	regulation	regulation	NOUN
cblr-8638	480	35	,	,	PUNCT
cblr-8638	480	36	capital	capital	NOUN
cblr-8638	480	37	markets	market	NOUN
cblr-8638	480	38	,	,	PUNCT
cblr-8638	480	39	and	and	CCONJ
cblr-8638	480	40	trading.128	trading.128	ADP
cblr-8638	480	41	b.	b.	PROPN
cblr-8638	480	42	orderly	orderly	ADJ
cblr-8638	480	43	markets	market	NOUN
cblr-8638	480	44	:	:	PUNCT
cblr-8638	480	45	trading	trading	NOUN
cblr-8638	480	46	halts	halt	NOUN
cblr-8638	480	47	and	and	CCONJ
cblr-8638	480	48	complex	complex	ADJ
cblr-8638	480	49	order	order	NOUN
cblr-8638	480	50	types	type	NOUN
cblr-8638	480	51	markets	market	NOUN
cblr-8638	480	52	are	be	AUX
cblr-8638	480	53	by	by	ADP
cblr-8638	480	54	nature	nature	NOUN
cblr-8638	480	55	disorderly.129	disorderly.129	VERB
cblr-8638	480	56	moreover	moreover	ADV
cblr-8638	480	57	,	,	PUNCT
cblr-8638	480	58	attempts	attempt	VERB
cblr-8638	480	59	to	to	PART
cblr-8638	480	60	make	make	VERB
cblr-8638	480	61	markets	market	NOUN
cblr-8638	480	62	more	more	ADV
cblr-8638	480	63	orderly	orderly	ADJ
cblr-8638	480	64	tend	tend	VERB
cblr-8638	480	65	to	to	PART
cblr-8638	480	66	disadvantage	disadvantage	VERB
cblr-8638	480	67	main	main	ADJ
cblr-8638	480	68	street	street	NOUN
cblr-8638	480	69	investors	investor	NOUN
cblr-8638	480	70	and	and	CCONJ
cblr-8638	480	71	benefit	benefit	VERB
cblr-8638	480	72	wall	wall	PROPN
cblr-8638	480	73	street	street	PROPN
cblr-8638	480	74	market	market	NOUN
cblr-8638	480	75	professionals	professional	NOUN
cblr-8638	480	76	,	,	PUNCT
cblr-8638	480	77	as	as	SCONJ
cblr-8638	480	78	we	we	PRON
cblr-8638	480	79	saw	see	VERB
cblr-8638	480	80	when	when	SCONJ
cblr-8638	480	81	robinhood	robinhood	PROPN
cblr-8638	480	82	stopped	stop	VERB
cblr-8638	480	83	trading	trade	VERB
cblr-8638	480	84	in	in	ADP
cblr-8638	480	85	gamestop	gamestop	NOUN
cblr-8638	480	86	shares.130	shares.130	NOUN
cblr-8638	480	87	in	in	ADP
cblr-8638	480	88	this	this	DET
cblr-8638	480	89	section	section	NOUN
cblr-8638	480	90	,	,	PUNCT
cblr-8638	480	91	i	i	PRON
cblr-8638	480	92	discuss	discuss	VERB
cblr-8638	480	93	two	two	NUM
cblr-8638	480	94	ways	way	NOUN
cblr-8638	480	95	that	that	PRON
cblr-8638	480	96	securities	security	NOUN
cblr-8638	480	97	regulation	regulation	NOUN
cblr-8638	480	98	has	have	AUX
cblr-8638	480	99	harmed	harm	VERB
cblr-8638	480	100	main	main	ADJ
cblr-8638	480	101	street	street	NOUN
cblr-8638	480	102	investors	investor	NOUN
cblr-8638	480	103	under	under	ADP
cblr-8638	480	104	the	the	DET
cblr-8638	480	105	guise	guise	NOUN
cblr-8638	480	106	of	of	ADP
cblr-8638	480	107	creating	create	VERB
cblr-8638	480	108	“	"	PUNCT
cblr-8638	480	109	orderly	orderly	ADJ
cblr-8638	480	110	”	"	PUNCT
cblr-8638	480	111	markets	market	NOUN
cblr-8638	480	112	.	.	PUNCT
cblr-8638	481	1	the	the	DET
cblr-8638	481	2	first	first	ADJ
cblr-8638	481	3	is	be	AUX
cblr-8638	481	4	by	by	ADP
cblr-8638	481	5	allowing	allow	VERB
cblr-8638	481	6	trading	trading	NOUN
cblr-8638	481	7	halts	halt	NOUN
cblr-8638	481	8	.	.	PUNCT
cblr-8638	482	1	the	the	DET
cblr-8638	482	2	second	second	ADJ
cblr-8638	482	3	is	be	AUX
cblr-8638	482	4	by	by	ADP
cblr-8638	482	5	allowing	allow	VERB
cblr-8638	482	6	complex	complex	ADJ
cblr-8638	482	7	order	order	NOUN
cblr-8638	482	8	types	type	NOUN
cblr-8638	482	9	that	that	PRON
cblr-8638	482	10	125	125	NUM
cblr-8638	482	11	see	see	VERB
cblr-8638	482	12	i	i	PROPN
cblr-8638	482	13	d.	d.	PROPN
cblr-8638	482	14	126	126	NUM
cblr-8638	483	1	i	i	PRON
cblr-8638	483	2	d.	d.	PROPN
cblr-8638	483	3	127	127	NUM
cblr-8638	483	4	see	see	VERB
cblr-8638	483	5	about	about	ADP
cblr-8638	483	6	us	we	PRON
cblr-8638	483	7	,	,	PUNCT
cblr-8638	483	8	robinhood	robinhood	PROPN
cblr-8638	483	9	,	,	PUNCT
cblr-8638	483	10	https://robinhood.com/us/en/about-us/	https://robinhood.com/us/en/about-us/	X
cblr-8638	483	11	[	[	X
cblr-8638	483	12	https://perma.cc/5knl-fbnb	https://perma.cc/5knl-fbnb	X
cblr-8638	483	13	]	]	X
cblr-8638	483	14	(	(	PUNCT
cblr-8638	483	15	last	last	ADJ
cblr-8638	483	16	visited	visit	VERB
cblr-8638	483	17	may	may	PROPN
cblr-8638	483	18	21	21	NUM
cblr-8638	483	19	,	,	PUNCT
cblr-8638	483	20	2021	2021	NUM
cblr-8638	483	21	)	)	PUNCT
cblr-8638	483	22	(	(	PUNCT
cblr-8638	483	23	“	"	PUNCT
cblr-8638	483	24	we	we	PRON
cblr-8638	483	25	’re	’re	VERB
cblr-8638	483	26	on	on	ADP
cblr-8638	483	27	a	a	DET
cblr-8638	483	28	mission	mission	NOUN
cblr-8638	483	29	to	to	PART
cblr-8638	483	30	democratize	democratize	VERB
cblr-8638	483	31	finance	finance	NOUN
cblr-8638	483	32	for	for	ADP
cblr-8638	483	33	all	all	PRON
cblr-8638	483	34	.	.	PUNCT
cblr-8638	483	35	”	"	PUNCT
cblr-8638	483	36	)	)	PUNCT
cblr-8638	483	37	.	.	PUNCT
cblr-8638	484	1	128	128	NUM
cblr-8638	484	2	see	see	VERB
cblr-8638	484	3	jonathan	jonathan	PROPN
cblr-8638	484	4	macey	macey	PROPN
cblr-8638	484	5	&	&	CCONJ
cblr-8638	484	6	david	david	PROPN
cblr-8638	484	7	swensen	swensen	PROPN
cblr-8638	484	8	,	,	PUNCT
cblr-8638	484	9	wall	wall	PROPN
cblr-8638	484	10	street	street	PROPN
cblr-8638	484	11	profits	profit	NOUN
cblr-8638	484	12	by	by	ADP
cblr-8638	484	13	putting	put	VERB
cblr-8638	484	14	investors	investor	NOUN
cblr-8638	484	15	in	in	ADP
cblr-8638	484	16	the	the	DET
cblr-8638	484	17	slow	slow	ADJ
cblr-8638	484	18	lane	lane	NOUN
cblr-8638	484	19	,	,	PUNCT
cblr-8638	484	20	n.y	n.y	PROPN
cblr-8638	484	21	.	.	PROPN
cblr-8638	484	22	times	times	PROPN
cblr-8638	484	23	(	(	PUNCT
cblr-8638	484	24	july	july	PROPN
cblr-8638	484	25	18	18	NUM
cblr-8638	484	26	,	,	PUNCT
cblr-8638	484	27	2017	2017	NUM
cblr-8638	484	28	)	)	PUNCT
cblr-8638	484	29	,	,	PUNCT
cblr-8638	484	30	https://www.nytimes.com/2017/07/18/opinion/wall-street-brokers-rebates-kickbacks.html	https://www.nytimes.com/2017/07/18/opinion/wall-street-brokers-rebates-kickbacks.html	PROPN
cblr-8638	485	1	[	[	X
cblr-8638	485	2	https://perma.cc/3v53-vvp2	https://perma.cc/3v53-vvp2	X
cblr-8638	485	3	]	]	X
cblr-8638	485	4	.	.	PUNCT
cblr-8638	486	1	129	129	NUM
cblr-8638	486	2	market	market	NOUN
cblr-8638	486	3	crashes	crash	NOUN
cblr-8638	486	4	that	that	PRON
cblr-8638	486	5	occur	occur	VERB
cblr-8638	486	6	without	without	ADP
cblr-8638	486	7	warning	warning	NOUN
cblr-8638	486	8	or	or	CCONJ
cblr-8638	486	9	apparent	apparent	ADJ
cblr-8638	486	10	justification	justification	NOUN
cblr-8638	486	11	are	be	AUX
cblr-8638	486	12	,	,	PUNCT
cblr-8638	486	13	perhaps	perhaps	ADV
cblr-8638	486	14	,	,	PUNCT
cblr-8638	486	15	the	the	DET
cblr-8638	486	16	best	good	ADJ
cblr-8638	486	17	example	example	NOUN
cblr-8638	486	18	of	of	ADP
cblr-8638	486	19	the	the	DET
cblr-8638	486	20	inherent	inherent	ADJ
cblr-8638	486	21	disorderliness	disorderliness	NOUN
cblr-8638	486	22	of	of	ADP
cblr-8638	486	23	markets	market	NOUN
cblr-8638	486	24	.	.	PUNCT
cblr-8638	487	1	see	see	VERB
cblr-8638	487	2	generally	generally	ADV
cblr-8638	487	3	div	div	PROPN
cblr-8638	487	4	.	.	PROPN
cblr-8638	487	5	of	of	ADP
cblr-8638	487	6	mkt	mkt	PROPN
cblr-8638	487	7	.	.	PUNCT
cblr-8638	487	8	regul	regul	PROPN
cblr-8638	487	9	.	.	PUNCT
cblr-8638	487	10	,	,	PUNCT
cblr-8638	487	11	u.s	u.s	PROPN
cblr-8638	487	12	.	.	PROPN
cblr-8638	487	13	sec	sec	PROPN
cblr-8638	487	14	.	.	PROPN
cblr-8638	487	15	&	&	CCONJ
cblr-8638	487	16	exch	exch	PROPN
cblr-8638	487	17	.	.	PUNCT
cblr-8638	488	1	comm’n	comm’n	PROPN
cblr-8638	488	2	,	,	PUNCT
cblr-8638	488	3	the	the	DET
cblr-8638	488	4	october	october	PROPN
cblr-8638	488	5	1987	1987	NUM
cblr-8638	488	6	market	market	NOUN
cblr-8638	488	7	break	break	NOUN
cblr-8638	488	8	(	(	PUNCT
cblr-8638	488	9	1988	1988	NUM
cblr-8638	488	10	)	)	PUNCT
cblr-8638	488	11	;	;	PUNCT
cblr-8638	488	12	daniel	daniel	PROPN
cblr-8638	488	13	r.	r.	PROPN
cblr-8638	488	14	fischel	fischel	PROPN
cblr-8638	488	15	,	,	PUNCT
cblr-8638	488	16	efficient	efficient	ADJ
cblr-8638	488	17	capital	capital	NOUN
cblr-8638	488	18	markets	market	NOUN
cblr-8638	488	19	,	,	PUNCT
cblr-8638	488	20	the	the	DET
cblr-8638	488	21	crash	crash	NOUN
cblr-8638	488	22	,	,	PUNCT
cblr-8638	488	23	and	and	CCONJ
cblr-8638	488	24	the	the	DET
cblr-8638	488	25	fraud	fraud	NOUN
cblr-8638	488	26	on	on	ADP
cblr-8638	488	27	the	the	DET
cblr-8638	488	28	market	market	NOUN
cblr-8638	488	29	theory	theory	NOUN
cblr-8638	488	30	,	,	PUNCT
cblr-8638	488	31	74	74	NUM
cblr-8638	488	32	cornell	cornell	PROPN
cblr-8638	488	33	l.	l.	PROPN
cblr-8638	488	34	rev	rev	PROPN
cblr-8638	488	35	.	.	PROPN
cblr-8638	488	36	907	907	NUM
cblr-8638	488	37	(	(	PUNCT
cblr-8638	488	38	1989	1989	NUM
cblr-8638	488	39	)	)	PUNCT
cblr-8638	488	40	;	;	PUNCT
cblr-8638	488	41	jerry	jerry	PROPN
cblr-8638	488	42	w.	w.	PROPN
cblr-8638	488	43	markham	markham	PROPN
cblr-8638	488	44	&	&	CCONJ
cblr-8638	488	45	rita	rita	PROPN
cblr-8638	488	46	mccloy	mccloy	PROPN
cblr-8638	488	47	stephanz	stephanz	PROPN
cblr-8638	488	48	,	,	PUNCT
cblr-8638	488	49	the	the	DET
cblr-8638	488	50	stock	stock	NOUN
cblr-8638	488	51	market	market	NOUN
cblr-8638	488	52	crash	crash	NOUN
cblr-8638	488	53	of	of	ADP
cblr-8638	488	54	1987	1987	NUM
cblr-8638	488	55	—	—	PUNCT
cblr-8638	488	56	the	the	DET
cblr-8638	488	57	united	united	PROPN
cblr-8638	488	58	states	states	PROPN
cblr-8638	488	59	looks	look	VERB
cblr-8638	488	60	at	at	ADP
cblr-8638	488	61	new	new	ADJ
cblr-8638	488	62	recommendations	recommendation	NOUN
cblr-8638	488	63	,	,	PUNCT
cblr-8638	489	1	76	76	NUM
cblr-8638	489	2	geo	geo	PROPN
cblr-8638	489	3	.	.	PUNCT
cblr-8638	489	4	l.j	l.j	PROPN
cblr-8638	489	5	.	.	PROPN
cblr-8638	489	6	1993	1993	NUM
cblr-8638	489	7	(	(	PUNCT
cblr-8638	489	8	1988	1988	NUM
cblr-8638	489	9	)	)	PUNCT
cblr-8638	489	10	.	.	PUNCT
cblr-8638	490	1	130	130	NUM
cblr-8638	490	2	see	see	VERB
cblr-8638	490	3	supra	supra	ADJ
cblr-8638	490	4	text	text	NOUN
cblr-8638	490	5	accompanying	accompanying	ADJ
cblr-8638	490	6	notes	note	NOUN
cblr-8638	490	7	32–36	32–36	NUM
cblr-8638	490	8	.	.	PUNCT
cblr-8638	491	1	macey	macey	PROPN
cblr-8638	491	2	8/22/2021	8/22/2021	NUM
cblr-8638	491	3	3:47	3:47	NUM
cblr-8638	491	4	pm	pm	PROPN
cblr-8638	491	5	826	826	NUM
cblr-8638	491	6	columbia	columbia	PROPN
cblr-8638	491	7	business	business	NOUN
cblr-8638	491	8	law	law	PROPN
cblr-8638	491	9	review	review	NOUN
cblr-8638	491	10	[	[	X
cblr-8638	491	11	vol	vol	NOUN
cblr-8638	491	12	.	.	NOUN
cblr-8638	491	13	2021	2021	NUM
cblr-8638	491	14	benefit	benefit	PROPN
cblr-8638	491	15	wall	wall	PROPN
cblr-8638	491	16	street	street	PROPN
cblr-8638	491	17	professionals	professional	NOUN
cblr-8638	491	18	,	,	PUNCT
cblr-8638	491	19	particularly	particularly	ADV
cblr-8638	491	20	hfts	hft	NOUN
cblr-8638	491	21	,	,	PUNCT
cblr-8638	491	22	at	at	ADP
cblr-8638	491	23	the	the	DET
cblr-8638	491	24	expense	expense	NOUN
cblr-8638	491	25	of	of	ADP
cblr-8638	491	26	ordinary	ordinary	ADJ
cblr-8638	491	27	investors.131	investors.131	NUM
cblr-8638	491	28	1	1	NUM
cblr-8638	491	29	.	.	PUNCT
cblr-8638	492	1	trading	trading	NOUN
cblr-8638	492	2	halts	halt	NOUN
cblr-8638	492	3	trading	trading	NOUN
cblr-8638	492	4	halts	halt	NOUN
cblr-8638	492	5	are	be	AUX
cblr-8638	492	6	a	a	DET
cblr-8638	492	7	classic	classic	ADJ
cblr-8638	492	8	way	way	NOUN
cblr-8638	492	9	that	that	PRON
cblr-8638	492	10	regulators	regulator	NOUN
cblr-8638	492	11	attempt	attempt	VERB
cblr-8638	492	12	to	to	PART
cblr-8638	492	13	make	make	VERB
cblr-8638	492	14	securities	security	NOUN
cblr-8638	492	15	markets	market	NOUN
cblr-8638	492	16	orderly.132	orderly.132	VERB
cblr-8638	492	17	trading	trading	NOUN
cblr-8638	492	18	halts	halt	NOUN
cblr-8638	492	19	can	can	AUX
cblr-8638	492	20	either	either	CCONJ
cblr-8638	492	21	stop	stop	VERB
cblr-8638	492	22	trading	trade	VERB
cblr-8638	492	23	on	on	ADP
cblr-8638	492	24	all	all	DET
cblr-8638	492	25	securities	security	NOUN
cblr-8638	492	26	,	,	PUNCT
cblr-8638	492	27	or	or	CCONJ
cblr-8638	492	28	they	they	PRON
cblr-8638	492	29	can	can	AUX
cblr-8638	492	30	apply	apply	VERB
cblr-8638	492	31	to	to	ADP
cblr-8638	492	32	trading	trading	NOUN
cblr-8638	492	33	on	on	ADP
cblr-8638	492	34	a	a	DET
cblr-8638	492	35	particular	particular	ADJ
cblr-8638	492	36	security.133	security.133	PRON
cblr-8638	492	37	in	in	ADP
cblr-8638	492	38	either	either	DET
cblr-8638	492	39	case	case	NOUN
cblr-8638	492	40	,	,	PUNCT
cblr-8638	492	41	such	such	ADJ
cblr-8638	492	42	halts	halt	NOUN
cblr-8638	492	43	are	be	AUX
cblr-8638	492	44	problematic	problematic	ADJ
cblr-8638	492	45	.	.	PUNCT
cblr-8638	493	1	the	the	DET
cblr-8638	493	2	argument	argument	NOUN
cblr-8638	493	3	in	in	ADP
cblr-8638	493	4	favor	favor	NOUN
cblr-8638	493	5	of	of	ADP
cblr-8638	493	6	market	market	NOUN
cblr-8638	493	7	halts	halt	NOUN
cblr-8638	493	8	is	be	AUX
cblr-8638	493	9	that	that	SCONJ
cblr-8638	493	10	“	"	PUNCT
cblr-8638	493	11	excessive	excessive	ADJ
cblr-8638	493	12	”	"	PUNCT
cblr-8638	493	13	market	market	NOUN
cblr-8638	493	14	volatility	volatility	NOUN
cblr-8638	493	15	is	be	AUX
cblr-8638	493	16	inconsistent	inconsistent	ADJ
cblr-8638	493	17	with	with	ADP
cblr-8638	493	18	the	the	DET
cblr-8638	493	19	concept	concept	NOUN
cblr-8638	493	20	of	of	ADP
cblr-8638	493	21	orderly	orderly	ADJ
cblr-8638	493	22	markets.134	markets.134	PROPN
cblr-8638	493	23	thus	thus	ADV
cblr-8638	493	24	,	,	PUNCT
cblr-8638	493	25	trading	trading	NOUN
cblr-8638	493	26	halts	halt	NOUN
cblr-8638	493	27	bring	bring	VERB
cblr-8638	493	28	extreme	extreme	ADJ
cblr-8638	493	29	order	order	NOUN
cblr-8638	493	30	to	to	ADP
cblr-8638	493	31	the	the	DET
cblr-8638	493	32	securities	security	NOUN
cblr-8638	493	33	markets	market	NOUN
cblr-8638	493	34	by	by	ADP
cblr-8638	493	35	reducing	reduce	VERB
cblr-8638	493	36	volatility	volatility	NOUN
cblr-8638	493	37	to	to	ADP
cblr-8638	493	38	zero	zero	NUM
cblr-8638	493	39	.	.	PUNCT
cblr-8638	494	1	“	"	PUNCT
cblr-8638	494	2	stock	stock	NOUN
cblr-8638	494	3	markets	market	NOUN
cblr-8638	494	4	,	,	PUNCT
cblr-8638	494	5	exchanges	exchange	NOUN
cblr-8638	494	6	and	and	CCONJ
cblr-8638	494	7	the	the	DET
cblr-8638	494	8	sec	sec	PROPN
cblr-8638	494	9	are	be	AUX
cblr-8638	494	10	authorized	authorize	VERB
cblr-8638	494	11	to	to	PART
cblr-8638	494	12	suspend	suspend	VERB
cblr-8638	494	13	trading	trading	NOUN
cblr-8638	494	14	on	on	ADP
cblr-8638	494	15	individual	individual	ADJ
cblr-8638	494	16	securities	security	NOUN
cblr-8638	494	17	to	to	PART
cblr-8638	494	18	protect	protect	VERB
cblr-8638	494	19	investors	investor	NOUN
cblr-8638	494	20	and	and	CCONJ
cblr-8638	494	21	level	level	VERB
cblr-8638	494	22	the	the	DET
cblr-8638	494	23	field	field	NOUN
cblr-8638	494	24	between	between	ADP
cblr-8638	494	25	informed	informed	ADJ
cblr-8638	494	26	,	,	PUNCT
cblr-8638	494	27	reactive	reactive	ADJ
cblr-8638	494	28	traders	trader	NOUN
cblr-8638	494	29	and	and	CCONJ
cblr-8638	494	30	those	those	PRON
cblr-8638	494	31	lagging	lag	VERB
cblr-8638	494	32	on	on	ADP
cblr-8638	494	33	relevant	relevant	ADJ
cblr-8638	494	34	news	news	NOUN
cblr-8638	494	35	.	.	PUNCT
cblr-8638	494	36	”135	”135	PUNCT
cblr-8638	495	1	in	in	ADP
cblr-8638	495	2	addition	addition	NOUN
cblr-8638	495	3	to	to	ADP
cblr-8638	495	4	halting	halt	VERB
cblr-8638	495	5	trading	trading	NOUN
cblr-8638	495	6	when	when	SCONJ
cblr-8638	495	7	there	there	PRON
cblr-8638	495	8	is	be	VERB
cblr-8638	495	9	significant	significant	ADJ
cblr-8638	495	10	volatility	volatility	NOUN
cblr-8638	495	11	in	in	ADP
cblr-8638	495	12	share	share	NOUN
cblr-8638	495	13	prices	price	NOUN
cblr-8638	495	14	,	,	PUNCT
cblr-8638	495	15	trading	trade	VERB
cblr-8638	495	16	131	131	NUM
cblr-8638	495	17	see	see	VERB
cblr-8638	495	18	scott	scott	PROPN
cblr-8638	495	19	patterson	patterson	PROPN
cblr-8638	495	20	,	,	PUNCT
cblr-8638	495	21	dark	dark	ADJ
cblr-8638	495	22	pools	pool	NOUN
cblr-8638	495	23	:	:	PUNCT
cblr-8638	495	24	the	the	DET
cblr-8638	495	25	rise	rise	NOUN
cblr-8638	495	26	of	of	ADP
cblr-8638	495	27	the	the	DET
cblr-8638	495	28	machine	machine	NOUN
cblr-8638	495	29	traders	trader	NOUN
cblr-8638	495	30	and	and	CCONJ
cblr-8638	495	31	the	the	DET
cblr-8638	495	32	rigging	rigging	NOUN
cblr-8638	495	33	of	of	ADP
cblr-8638	495	34	the	the	DET
cblr-8638	495	35	u.s	u.s	PROPN
cblr-8638	495	36	.	.	PROPN
cblr-8638	495	37	stock	stock	NOUN
cblr-8638	495	38	market	market	NOUN
cblr-8638	495	39	204–05	204–05	PROPN
cblr-8638	495	40	(	(	PUNCT
cblr-8638	495	41	2013	2013	NUM
cblr-8638	495	42	)	)	PUNCT
cblr-8638	495	43	(	(	PUNCT
cblr-8638	495	44	“	"	PUNCT
cblr-8638	495	45	high	high	ADJ
cblr-8638	495	46	-	-	PUNCT
cblr-8638	495	47	speed	speed	NOUN
cblr-8638	495	48	firms	firm	NOUN
cblr-8638	495	49	worked	work	VERB
cblr-8638	495	50	hand	hand	NOUN
cblr-8638	495	51	in	in	ADP
cblr-8638	495	52	hand	hand	NOUN
cblr-8638	495	53	with	with	ADP
cblr-8638	495	54	the	the	DET
cblr-8638	495	55	trading	trading	NOUN
cblr-8638	495	56	networks	network	NOUN
cblr-8638	495	57	to	to	PART
cblr-8638	495	58	create	create	VERB
cblr-8638	495	59	exotic	exotic	ADJ
cblr-8638	495	60	order	order	NOUN
cblr-8638	495	61	types	type	NOUN
cblr-8638	495	62	that	that	PRON
cblr-8638	495	63	would	would	AUX
cblr-8638	495	64	behave	behave	VERB
cblr-8638	495	65	in	in	ADP
cblr-8638	495	66	very	very	ADV
cblr-8638	495	67	specific	specific	ADJ
cblr-8638	495	68	ways	way	NOUN
cblr-8638	495	69	.	.	PUNCT
cblr-8638	495	70	”	"	PUNCT
cblr-8638	495	71	)	)	PUNCT
cblr-8638	495	72	.	.	PUNCT
cblr-8638	496	1	132	132	NUM
cblr-8638	496	2	see	see	VERB
cblr-8638	496	3	caroline	caroline	PROPN
cblr-8638	496	4	bradley	bradley	PROPN
cblr-8638	496	5	,	,	PUNCT
cblr-8638	496	6	suspension	suspension	NOUN
cblr-8638	496	7	and	and	CCONJ
cblr-8638	496	8	disbelief	disbelief	NOUN
cblr-8638	496	9	(	(	PUNCT
cblr-8638	496	10	or	or	CCONJ
cblr-8638	496	11	,	,	PUNCT
cblr-8638	496	12	how	how	SCONJ
cblr-8638	496	13	managed	manage	VERB
cblr-8638	496	14	should	should	AUX
cblr-8638	496	15	a	a	DET
cblr-8638	496	16	market	market	NOUN
cblr-8638	496	17	be	be	AUX
cblr-8638	496	18	?	?	PUNCT
cblr-8638	496	19	)	)	PUNCT
cblr-8638	496	20	,	,	PUNCT
cblr-8638	496	21	26	26	NUM
cblr-8638	496	22	seton	seton	PROPN
cblr-8638	496	23	hall	hall	PROPN
cblr-8638	496	24	l.	l.	PROPN
cblr-8638	496	25	rev	rev	PROPN
cblr-8638	496	26	.	.	PROPN
cblr-8638	496	27	597	597	NUM
cblr-8638	496	28	,	,	PUNCT
cblr-8638	496	29	598	598	NUM
cblr-8638	496	30	(	(	PUNCT
cblr-8638	496	31	1996	1996	NUM
cblr-8638	496	32	)	)	PUNCT
cblr-8638	496	33	.	.	PUNCT
cblr-8638	497	1	133	133	NUM
cblr-8638	497	2	see	see	VERB
cblr-8638	497	3	i	i	PRON
cblr-8638	497	4	d.	d.	PROPN
cblr-8638	497	5	134	134	NUM
cblr-8638	497	6	see	see	VERB
cblr-8638	497	7	tamar	tamar	PROPN
cblr-8638	497	8	frankel	frankel	PROPN
cblr-8638	497	9	,	,	PUNCT
cblr-8638	497	10	what	what	PRON
cblr-8638	497	11	can	can	AUX
cblr-8638	497	12	be	be	AUX
cblr-8638	497	13	done	do	VERB
cblr-8638	497	14	about	about	ADP
cblr-8638	497	15	stock	stock	NOUN
cblr-8638	497	16	market	market	NOUN
cblr-8638	497	17	volatility	volatility	NOUN
cblr-8638	497	18	,	,	PUNCT
cblr-8638	497	19	69	69	NUM
cblr-8638	497	20	b.u	b.u	PROPN
cblr-8638	497	21	.	.	PROPN
cblr-8638	497	22	l.	l.	PROPN
cblr-8638	497	23	rev	rev	PROPN
cblr-8638	497	24	.	.	PROPN
cblr-8638	497	25	991	991	NUM
cblr-8638	497	26	,	,	PUNCT
cblr-8638	497	27	995–96	995–96	X
cblr-8638	497	28	(	(	PUNCT
cblr-8638	497	29	1989	1989	NUM
cblr-8638	497	30	)	)	PUNCT
cblr-8638	497	31	(	(	PUNCT
cblr-8638	497	32	objecting	object	VERB
cblr-8638	497	33	to	to	ADP
cblr-8638	497	34	market	market	NOUN
cblr-8638	497	35	halts	halt	NOUN
cblr-8638	497	36	as	as	ADP
cblr-8638	497	37	a	a	DET
cblr-8638	497	38	solution	solution	NOUN
cblr-8638	497	39	to	to	ADP
cblr-8638	497	40	high	high	ADJ
cblr-8638	497	41	volatility	volatility	NOUN
cblr-8638	497	42	)	)	PUNCT
cblr-8638	497	43	.	.	PUNCT
cblr-8638	498	1	135	135	NUM
cblr-8638	498	2	elizabeth	elizabeth	PROPN
cblr-8638	498	3	balboa	balboa	PROPN
cblr-8638	498	4	,	,	PUNCT
cblr-8638	498	5	trading	trading	NOUN
cblr-8638	498	6	halts	halt	VERB
cblr-8638	498	7	101	101	NUM
cblr-8638	498	8	:	:	PUNCT
cblr-8638	498	9	what	what	PRON
cblr-8638	498	10	to	to	PART
cblr-8638	498	11	know	know	VERB
cblr-8638	498	12	about	about	ADP
cblr-8638	498	13	your	your	PRON
cblr-8638	498	14	stock	stock	NOUN
cblr-8638	498	15	,	,	PUNCT
cblr-8638	498	16	circuit	circuit	NOUN
cblr-8638	498	17	breakers	breaker	NOUN
cblr-8638	498	18	and	and	CCONJ
cblr-8638	498	19	more	more	ADJ
cblr-8638	498	20	,	,	PUNCT
cblr-8638	498	21	yahoo	yahoo	PROPN
cblr-8638	498	22	!	!	PUNCT
cblr-8638	498	23	:	:	PUNCT
cblr-8638	499	1	fin	fin	NOUN
cblr-8638	499	2	.	.	PUNCT
cblr-8638	500	1	(	(	PUNCT
cblr-8638	500	2	jan	jan	PROPN
cblr-8638	500	3	.	.	PROPN
cblr-8638	500	4	27	27	NUM
cblr-8638	500	5	,	,	PUNCT
cblr-8638	500	6	2021	2021	NUM
cblr-8638	500	7	)	)	PUNCT
cblr-8638	500	8	,	,	PUNCT
cblr-8638	500	9	https://finance.yahoo.com/news/trading-halts-101-know-stock-160000785.html	https://finance.yahoo.com/news/trading-halts-101-know-stock-160000785.html	PROPN
cblr-8638	501	1	[	[	X
cblr-8638	501	2	https://perma.cc/772p-daz6	https://perma.cc/772p-daz6	X
cblr-8638	501	3	]	]	X
cblr-8638	501	4	.	.	PUNCT
cblr-8638	502	1	trading	trading	NOUN
cblr-8638	502	2	halts	halt	NOUN
cblr-8638	502	3	are	be	AUX
cblr-8638	502	4	specifically	specifically	ADV
cblr-8638	502	5	authorized	authorize	VERB
cblr-8638	502	6	by	by	ADP
cblr-8638	502	7	the	the	DET
cblr-8638	502	8	securities	securities	PROPN
cblr-8638	502	9	exchange	exchange	PROPN
cblr-8638	502	10	act	act	NOUN
cblr-8638	502	11	of	of	ADP
cblr-8638	502	12	1934	1934	NUM
cblr-8638	502	13	.	.	PUNCT
cblr-8638	503	1	15	15	NUM
cblr-8638	503	2	u.s.c	u.s.c	NOUN
cblr-8638	503	3	.	.	PUNCT
cblr-8638	504	1	§	§	PROPN
cblr-8638	504	2	78l(k	78l(k	NUM
cblr-8638	504	3	)	)	PUNCT
cblr-8638	504	4	(	(	PUNCT
cblr-8638	504	5	2019	2019	NUM
cblr-8638	504	6	)	)	PUNCT
cblr-8638	504	7	.	.	PUNCT
cblr-8638	505	1	the	the	DET
cblr-8638	505	2	principal	principal	ADJ
cblr-8638	505	3	architecture	architecture	NOUN
cblr-8638	505	4	of	of	ADP
cblr-8638	505	5	today	today	NOUN
cblr-8638	505	6	’s	’s	PART
cblr-8638	505	7	rules	rule	NOUN
cblr-8638	505	8	comes	come	VERB
cblr-8638	505	9	from	from	ADP
cblr-8638	505	10	the	the	DET
cblr-8638	505	11	market	market	NOUN
cblr-8638	505	12	reform	reform	NOUN
cblr-8638	505	13	act	act	NOUN
cblr-8638	505	14	of	of	ADP
cblr-8638	505	15	1990	1990	NUM
cblr-8638	505	16	,	,	PUNCT
cblr-8638	505	17	pub	pub	NOUN
cblr-8638	505	18	.	.	PUNCT
cblr-8638	506	1	l.	l.	PROPN
cblr-8638	506	2	no	no	INTJ
cblr-8638	506	3	.	.	PROPN
cblr-8638	507	1	101	101	NUM
cblr-8638	507	2	-	-	SYM
cblr-8638	507	3	432	432	NUM
cblr-8638	507	4	,	,	PUNCT
cblr-8638	507	5	§	§	PROPN
cblr-8638	507	6	2	2	NUM
cblr-8638	507	7	,	,	PUNCT
cblr-8638	507	8	104	104	NUM
cblr-8638	507	9	stat	stat	NOUN
cblr-8638	507	10	.	.	PUNCT
cblr-8638	508	1	963	963	NUM
cblr-8638	508	2	,	,	PUNCT
cblr-8638	508	3	963–64	963–64	PROPN
cblr-8638	508	4	(	(	PUNCT
cblr-8638	508	5	codified	codify	VERB
cblr-8638	508	6	as	as	SCONJ
cblr-8638	508	7	amended	amend	VERB
cblr-8638	508	8	at	at	ADP
cblr-8638	508	9	15	15	NUM
cblr-8638	508	10	u.s.c	u.s.c	ADJ
cblr-8638	508	11	.	.	PUNCT
cblr-8638	509	1	§	§	PROPN
cblr-8638	509	2	78l(k	78l(k	NUM
cblr-8638	509	3	)	)	PUNCT
cblr-8638	509	4	)	)	PUNCT
cblr-8638	509	5	,	,	PUNCT
cblr-8638	509	6	and	and	CCONJ
cblr-8638	509	7	the	the	DET
cblr-8638	509	8	intelligence	intelligence	NOUN
cblr-8638	509	9	reform	reform	NOUN
cblr-8638	509	10	and	and	CCONJ
cblr-8638	509	11	terrorism	terrorism	NOUN
cblr-8638	509	12	prevention	prevention	NOUN
cblr-8638	509	13	act	act	NOUN
cblr-8638	509	14	of	of	ADP
cblr-8638	509	15	2004	2004	NUM
cblr-8638	509	16	,	,	PUNCT
cblr-8638	509	17	pub	pub	NOUN
cblr-8638	509	18	.	.	PUNCT
cblr-8638	510	1	l.	l.	PROPN
cblr-8638	510	2	no	no	INTJ
cblr-8638	510	3	.	.	PROPN
cblr-8638	511	1	108	108	NUM
cblr-8638	511	2	-	-	SYM
cblr-8638	511	3	458	458	NUM
cblr-8638	511	4	,	,	PUNCT
cblr-8638	511	5	sec	sec	PROPN
cblr-8638	511	6	.	.	PROPN
cblr-8638	511	7	7803	7803	NUM
cblr-8638	511	8	,	,	PUNCT
cblr-8638	511	9	§	§	PROPN
cblr-8638	511	10	12(k)(2	12(k)(2	NUM
cblr-8638	511	11	)	)	PUNCT
cblr-8638	511	12	,	,	PUNCT
cblr-8638	511	13	118	118	NUM
cblr-8638	511	14	stat	stat	NOUN
cblr-8638	511	15	.	.	PUNCT
cblr-8638	512	1	3638	3638	NUM
cblr-8638	512	2	,	,	PUNCT
cblr-8638	512	3	3861–63	3861–63	NUM
cblr-8638	512	4	(	(	PUNCT
cblr-8638	512	5	codified	codify	VERB
cblr-8638	512	6	at	at	ADP
cblr-8638	512	7	15	15	NUM
cblr-8638	512	8	u.s.c	u.s.c	ADJ
cblr-8638	512	9	.	.	PUNCT
cblr-8638	513	1	§	§	PROPN
cblr-8638	513	2	78l(k)(2	78l(k)(2	PROPN
cblr-8638	513	3	)	)	PUNCT
cblr-8638	513	4	)	)	PUNCT
cblr-8638	513	5	.	.	PUNCT
cblr-8638	514	1	in	in	ADP
cblr-8638	514	2	addition	addition	NOUN
cblr-8638	514	3	,	,	PUNCT
cblr-8638	514	4	the	the	DET
cblr-8638	514	5	stock	stock	NOUN
cblr-8638	514	6	exchanges	exchange	NOUN
cblr-8638	514	7	may	may	AUX
cblr-8638	514	8	halt	halt	VERB
cblr-8638	514	9	trading	trading	NOUN
cblr-8638	514	10	pursuant	pursuant	NOUN
cblr-8638	514	11	to	to	ADP
cblr-8638	514	12	section	section	NOUN
cblr-8638	514	13	12(d	12(d	NUM
cblr-8638	514	14	)	)	PUNCT
cblr-8638	514	15	of	of	ADP
cblr-8638	514	16	the	the	DET
cblr-8638	514	17	securities	securities	PROPN
cblr-8638	514	18	exchange	exchange	PROPN
cblr-8638	514	19	act	act	PROPN
cblr-8638	514	20	,	,	PUNCT
cblr-8638	514	21	15	15	NUM
cblr-8638	514	22	u.s.c	u.s.c	ADJ
cblr-8638	514	23	.	.	PUNCT
cblr-8638	515	1	§	§	PROPN
cblr-8638	515	2	78l(d	78l(d	NUM
cblr-8638	515	3	)	)	PUNCT
cblr-8638	515	4	,	,	PUNCT
cblr-8638	515	5	and	and	CCONJ
cblr-8638	515	6	17	17	NUM
cblr-8638	515	7	c.f.r	c.f.r	NOUN
cblr-8638	515	8	.	.	PUNCT
cblr-8638	516	1	§	§	PROPN
cblr-8638	516	2	240.12d2	240.12d2	NUM
cblr-8638	516	3	-	-	SYM
cblr-8638	516	4	1	1	NUM
cblr-8638	516	5	(	(	PUNCT
cblr-8638	516	6	2020	2020	NUM
cblr-8638	516	7	)	)	PUNCT
cblr-8638	516	8	.	.	PUNCT
cblr-8638	517	1	see	see	VERB
cblr-8638	517	2	also	also	ADV
cblr-8638	517	3	nyse	nyse	PROPN
cblr-8638	517	4	r.	r.	PROPN
cblr-8638	517	5	7.12	7.12	NUM
cblr-8638	517	6	(	(	PUNCT
cblr-8638	517	7	n.y	n.y	PROPN
cblr-8638	517	8	.	.	PROPN
cblr-8638	517	9	stock	stock	PROPN
cblr-8638	517	10	exch	exch	PROPN
cblr-8638	517	11	.	.	PUNCT
cblr-8638	518	1	2020	2020	NUM
cblr-8638	518	2	)	)	PUNCT
cblr-8638	518	3	(	(	PUNCT
cblr-8638	518	4	providing	provide	VERB
cblr-8638	518	5	for	for	ADP
cblr-8638	518	6	nyse	nyse	PROPN
cblr-8638	518	7	trading	trading	NOUN
cblr-8638	518	8	halts	halt	NOUN
cblr-8638	518	9	under	under	ADP
cblr-8638	518	10	a	a	DET
cblr-8638	518	11	pilot	pilot	NOUN
cblr-8638	518	12	scheme	scheme	NOUN
cblr-8638	518	13	)	)	PUNCT
cblr-8638	518	14	.	.	PUNCT
cblr-8638	519	1	macey	macey	PROPN
cblr-8638	519	2	8/22/2021	8/22/2021	NUM
cblr-8638	519	3	3:47	3:47	NUM
cblr-8638	519	4	pm	pm	NOUN
cblr-8638	519	5	no	no	INTJ
cblr-8638	519	6	.	.	PUNCT
cblr-8638	520	1	2:796	2:796	NUM
cblr-8638	520	2	]	]	X
cblr-8638	520	3	securities	security	NOUN
cblr-8638	520	4	regulation	regulation	NOUN
cblr-8638	520	5	and	and	CCONJ
cblr-8638	520	6	class	class	NOUN
cblr-8638	520	7	warfare	warfare	NOUN
cblr-8638	520	8	827	827	NUM
cblr-8638	520	9	halts	halt	NOUN
cblr-8638	520	10	may	may	AUX
cblr-8638	520	11	occur	occur	VERB
cblr-8638	520	12	when	when	SCONJ
cblr-8638	520	13	companies	company	NOUN
cblr-8638	520	14	have	have	VERB
cblr-8638	520	15	major	major	ADJ
cblr-8638	520	16	news	news	NOUN
cblr-8638	520	17	to	to	PART
cblr-8638	520	18	report.136	report.136	VERB
cblr-8638	520	19	the	the	DET
cblr-8638	520	20	essential	essential	ADJ
cblr-8638	520	21	goal	goal	NOUN
cblr-8638	520	22	of	of	ADP
cblr-8638	520	23	these	these	DET
cblr-8638	520	24	halts	halt	NOUN
cblr-8638	520	25	—	—	PUNCT
cblr-8638	520	26	to	to	PART
cblr-8638	520	27	make	make	VERB
cblr-8638	520	28	markets	market	NOUN
cblr-8638	520	29	“	"	PUNCT
cblr-8638	520	30	orderly	orderly	ADJ
cblr-8638	520	31	”	"	PUNCT
cblr-8638	520	32	in	in	ADP
cblr-8638	520	33	the	the	DET
cblr-8638	520	34	face	face	NOUN
cblr-8638	520	35	of	of	ADP
cblr-8638	520	36	volatility	volatility	NOUN
cblr-8638	520	37	—	—	PUNCT
cblr-8638	520	38	requires	require	VERB
cblr-8638	520	39	eliminating	eliminate	VERB
cblr-8638	520	40	the	the	DET
cblr-8638	520	41	markets	market	NOUN
cblr-8638	520	42	themselves	themselves	PRON
cblr-8638	520	43	for	for	ADP
cblr-8638	520	44	a	a	DET
cblr-8638	520	45	certain	certain	ADJ
cblr-8638	520	46	period	period	NOUN
cblr-8638	520	47	of	of	ADP
cblr-8638	520	48	time	time	NOUN
cblr-8638	520	49	.	.	PUNCT
cblr-8638	521	1	they	they	PRON
cblr-8638	521	2	are	be	AUX
cblr-8638	521	3	akin	akin	ADJ
cblr-8638	521	4	to	to	ADP
cblr-8638	521	5	the	the	DET
cblr-8638	521	6	military	military	ADJ
cblr-8638	521	7	strategy	strategy	NOUN
cblr-8638	521	8	of	of	ADP
cblr-8638	521	9	“	"	PUNCT
cblr-8638	521	10	destroying	destroy	VERB
cblr-8638	521	11	the	the	DET
cblr-8638	521	12	village	village	NOUN
cblr-8638	521	13	in	in	ADP
cblr-8638	521	14	order	order	NOUN
cblr-8638	521	15	to	to	PART
cblr-8638	521	16	save	save	VERB
cblr-8638	521	17	it	it	PRON
cblr-8638	521	18	.	.	PUNCT
cblr-8638	521	19	”137	”137	PUNCT
cblr-8638	522	1	as	as	SCONJ
cblr-8638	522	2	george	george	NOUN
cblr-8638	522	3	stigler	stigler	NOUN
cblr-8638	522	4	observed	observe	VERB
cblr-8638	522	5	decades	decade	NOUN
cblr-8638	522	6	ago	ago	ADV
cblr-8638	522	7	,	,	PUNCT
cblr-8638	522	8	trading	trading	NOUN
cblr-8638	522	9	halts	halt	NOUN
cblr-8638	522	10	should	should	AUX
cblr-8638	522	11	be	be	AUX
cblr-8638	522	12	considered	consider	VERB
cblr-8638	522	13	indefensible	indefensible	ADJ
cblr-8638	522	14	because	because	SCONJ
cblr-8638	522	15	they	they	PRON
cblr-8638	522	16	are	be	AUX
cblr-8638	522	17	based	base	VERB
cblr-8638	522	18	on	on	ADP
cblr-8638	522	19	the	the	DET
cblr-8638	522	20	untenable	untenable	ADJ
cblr-8638	522	21	assumption	assumption	NOUN
cblr-8638	522	22	that	that	SCONJ
cblr-8638	522	23	the	the	DET
cblr-8638	522	24	wall	wall	PROPN
cblr-8638	522	25	street	street	PROPN
cblr-8638	522	26	professionals	professional	NOUN
cblr-8638	522	27	who	who	PRON
cblr-8638	522	28	order	order	VERB
cblr-8638	522	29	such	such	ADJ
cblr-8638	522	30	halts	halt	NOUN
cblr-8638	522	31	actually	actually	ADV
cblr-8638	522	32	know	know	VERB
cblr-8638	522	33	what	what	PRON
cblr-8638	522	34	the	the	DET
cblr-8638	522	35	“	"	PUNCT
cblr-8638	522	36	correct	correct	ADJ
cblr-8638	522	37	prices	price	NOUN
cblr-8638	522	38	”	"	PUNCT
cblr-8638	522	39	are	be	AUX
cblr-8638	522	40	for	for	ADP
cblr-8638	522	41	the	the	DET
cblr-8638	522	42	securities	security	NOUN
cblr-8638	522	43	under	under	ADP
cblr-8638	522	44	examination	examination	NOUN
cblr-8638	522	45	.	.	PUNCT
cblr-8638	523	1	stigler	stigler	NOUN
cblr-8638	523	2	stated	state	VERB
cblr-8638	523	3	:	:	PUNCT
cblr-8638	523	4	the	the	DET
cblr-8638	523	5	popular	popular	ADJ
cblr-8638	523	6	nyse	nyse	NOUN
cblr-8638	523	7	practice	practice	NOUN
cblr-8638	523	8	of	of	ADP
cblr-8638	523	9	suspending	suspend	VERB
cblr-8638	523	10	trading	trading	NOUN
cblr-8638	523	11	until	until	SCONJ
cblr-8638	523	12	buy	buy	VERB
cblr-8638	523	13	and	and	CCONJ
cblr-8638	523	14	sell	sell	VERB
cblr-8638	523	15	orders	order	NOUN
cblr-8638	523	16	can	can	AUX
cblr-8638	523	17	be	be	AUX
cblr-8638	523	18	matched	match	VERB
cblr-8638	523	19	at	at	ADP
cblr-8638	523	20	a	a	DET
cblr-8638	523	21	“	"	PUNCT
cblr-8638	523	22	reasonable	reasonable	ADJ
cblr-8638	523	23	”	"	PUNCT
cblr-8638	523	24	price	price	NOUN
cblr-8638	523	25	is	be	AUX
cblr-8638	523	26	open	open	ADJ
cblr-8638	523	27	to	to	ADP
cblr-8638	523	28	serious	serious	ADJ
cblr-8638	523	29	objection	objection	NOUN
cblr-8638	523	30	.	.	PUNCT
cblr-8638	524	1	to	to	PART
cblr-8638	524	2	prevent	prevent	VERB
cblr-8638	524	3	a	a	DET
cblr-8638	524	4	trade	trade	NOUN
cblr-8638	524	5	is	be	AUX
cblr-8638	524	6	no	no	DET
cblr-8638	524	7	function	function	NOUN
cblr-8638	524	8	of	of	ADP
cblr-8638	524	9	the	the	DET
cblr-8638	524	10	exchange	exchange	NOUN
cblr-8638	524	11	,	,	PUNCT
cblr-8638	524	12	and	and	CCONJ
cblr-8638	524	13	any	any	DET
cblr-8638	524	14	defense	defense	NOUN
cblr-8638	524	15	must	must	AUX
cblr-8638	524	16	lie	lie	VERB
cblr-8638	524	17	in	in	ADP
cblr-8638	524	18	a	a	DET
cblr-8638	524	19	desire	desire	NOUN
cblr-8638	524	20	to	to	PART
cblr-8638	524	21	avoid	avoid	VERB
cblr-8638	524	22	“	"	PUNCT
cblr-8638	524	23	unnecessary	unnecessary	ADJ
cblr-8638	524	24	”	"	PUNCT
cblr-8638	524	25	price	price	NOUN
cblr-8638	524	26	fluctuations	fluctuation	NOUN
cblr-8638	524	27	.	.	PUNCT
cblr-8638	524	28	.	.	PUNCT
cblr-8638	524	29	.	.	PUNCT
cblr-8638	525	1	.	.	PUNCT
cblr-8638	526	1	this	this	DET
cblr-8638	526	2	suspension	suspension	NOUN
cblr-8638	526	3	of	of	ADP
cblr-8638	526	4	trading	trading	NOUN
cblr-8638	526	5	means	mean	VERB
cblr-8638	526	6	that	that	SCONJ
cblr-8638	526	7	the	the	DET
cblr-8638	526	8	exchange	exchange	NOUN
cblr-8638	526	9	officials	official	NOUN
cblr-8638	526	10	know	know	VERB
cblr-8638	526	11	the	the	DET
cblr-8638	526	12	correct	correct	ADJ
cblr-8638	526	13	price	price	NOUN
cblr-8638	526	14	change	change	NOUN
cblr-8638	526	15	when	when	SCONJ
cblr-8638	526	16	there	there	PRON
cblr-8638	526	17	is	be	VERB
cblr-8638	526	18	a	a	DET
cblr-8638	526	19	flood	flood	NOUN
cblr-8638	526	20	of	of	ADP
cblr-8638	526	21	buy	buy	VERB
cblr-8638	526	22	or	or	CCONJ
cblr-8638	526	23	sell	sell	VERB
cblr-8638	526	24	orders	order	NOUN
cblr-8638	526	25	.	.	PUNCT
cblr-8638	527	1	we	we	PRON
cblr-8638	527	2	need	need	AUX
cblr-8638	527	3	not	not	PART
cblr-8638	527	4	pause	pause	VERB
cblr-8638	527	5	to	to	PART
cblr-8638	527	6	inquire	inquire	VERB
cblr-8638	527	7	where	where	SCONJ
cblr-8638	527	8	they	they	PRON
cblr-8638	527	9	get	get	VERB
cblr-8638	527	10	this	this	DET
cblr-8638	527	11	clairvoyance	clairvoyance	NOUN
cblr-8638	527	12	;	;	PUNCT
cblr-8638	527	13	it	it	PRON
cblr-8638	527	14	is	be	AUX
cblr-8638	527	15	enough	enough	ADJ
cblr-8638	527	16	to	to	PART
cblr-8638	527	17	notice	notice	VERB
cblr-8638	527	18	that	that	SCONJ
cblr-8638	527	19	the	the	DET
cblr-8638	527	20	correct	correct	ADJ
cblr-8638	527	21	way	way	NOUN
cblr-8638	527	22	to	to	PART
cblr-8638	527	23	iron	iron	VERB
cblr-8638	527	24	out	out	ADP
cblr-8638	527	25	the	the	DET
cblr-8638	527	26	unnecessary	unnecessary	ADJ
cblr-8638	527	27	wrinkles	wrinkle	NOUN
cblr-8638	527	28	in	in	ADP
cblr-8638	527	29	the	the	DET
cblr-8638	527	30	price	price	NOUN
cblr-8638	527	31	chart	chart	NOUN
cblr-8638	527	32	is	be	AUX
cblr-8638	527	33	to	to	PART
cblr-8638	527	34	speculate	speculate	VERB
cblr-8638	527	35	:	:	PUNCT
cblr-8638	527	36	to	to	PART
cblr-8638	527	37	buy	buy	VERB
cblr-8638	527	38	or	or	CCONJ
cblr-8638	527	39	sell	sell	VERB
cblr-8638	527	40	against	against	ADP
cblr-8638	527	41	the	the	DET
cblr-8638	527	42	unnecessary	unnecessary	ADJ
cblr-8638	527	43	movement	movement	NOUN
cblr-8638	527	44	.	.	PUNCT
cblr-8638	528	1	the	the	DET
cblr-8638	528	2	omniscient	omniscient	NOUN
cblr-8638	528	3	officials	official	NOUN
cblr-8638	528	4	should	should	AUX
cblr-8638	528	5	be	be	AUX
cblr-8638	528	6	deprived	deprive	VERB
cblr-8638	528	7	of	of	ADP
cblr-8638	528	8	the	the	DET
cblr-8638	528	9	power	power	NOUN
cblr-8638	528	10	to	to	PART
cblr-8638	528	11	suspend	suspend	VERB
cblr-8638	528	12	trading	trading	NOUN
cblr-8638	528	13	but	but	CCONJ
cblr-8638	528	14	given	give	VERB
cblr-8638	528	15	vast	vast	ADJ
cblr-8638	528	16	sums	sum	NOUN
cblr-8638	528	17	to	to	ADP
cblr-8638	528	18	speculate.138	speculate.138	PROPN
cblr-8638	528	19	as	as	SCONJ
cblr-8638	528	20	caroline	caroline	PROPN
cblr-8638	528	21	bradley	bradley	PROPN
cblr-8638	528	22	presciently	presciently	ADV
cblr-8638	528	23	observed	observe	VERB
cblr-8638	528	24	,	,	PUNCT
cblr-8638	528	25	“	"	PUNCT
cblr-8638	528	26	[	[	X
cblr-8638	528	27	o]f	o]f	NOUN
cblr-8638	528	28	the	the	DET
cblr-8638	528	29	costs	cost	NOUN
cblr-8638	528	30	imposed	impose	VERB
cblr-8638	528	31	by	by	ADP
cblr-8638	528	32	suspensions	suspension	NOUN
cblr-8638	528	33	,	,	PUNCT
cblr-8638	528	34	the	the	DET
cblr-8638	528	35	most	most	ADV
cblr-8638	528	36	significant	significant	ADJ
cblr-8638	528	37	are	be	AUX
cblr-8638	528	38	those	those	PRON
cblr-8638	528	39	imposed	impose	VERB
cblr-8638	528	40	on	on	ADP
cblr-8638	528	41	shareholders	shareholder	NOUN
cblr-8638	528	42	of	of	ADP
cblr-8638	528	43	the	the	DET
cblr-8638	528	44	suspended	suspend	VERB
cblr-8638	528	45	issuer	issuer	NOUN
cblr-8638	528	46	who	who	PRON
cblr-8638	528	47	are	be	AUX
cblr-8638	528	48	deprived	deprive	VERB
cblr-8638	528	49	by	by	ADP
cblr-8638	528	50	the	the	DET
cblr-8638	528	51	suspension	suspension	NOUN
cblr-8638	528	52	of	of	ADP
cblr-8638	528	53	a	a	DET
cblr-8638	528	54	market	market	NOUN
cblr-8638	528	55	for	for	ADP
cblr-8638	528	56	their	their	PRON
cblr-8638	528	57	securities	security	NOUN
cblr-8638	528	58	,	,	PUNCT
cblr-8638	528	59	and	and	CCONJ
cblr-8638	528	60	136	136	NUM
cblr-8638	528	61	see	see	VERB
cblr-8638	528	62	,	,	PUNCT
cblr-8638	528	63	e.g.	e.g.	ADV
cblr-8638	528	64	,	,	PUNCT
cblr-8638	528	65	15	15	NUM
cblr-8638	528	66	u.s.c	u.s.c	NOUN
cblr-8638	528	67	.	.	PUNCT
cblr-8638	529	1	§	§	PROPN
cblr-8638	529	2	78l(k)(1	78l(k)(1	NOUN
cblr-8638	529	3	)	)	PUNCT
cblr-8638	529	4	.	.	PUNCT
cblr-8638	530	1	137	137	NUM
cblr-8638	530	2	see	see	VERB
cblr-8638	530	3	stephen	stephen	PROPN
cblr-8638	530	4	l.	l.	PROPN
cblr-8638	530	5	carter	carter	PROPN
cblr-8638	530	6	,	,	PUNCT
cblr-8638	530	7	destroying	destroy	VERB
cblr-8638	530	8	a	a	DET
cblr-8638	530	9	quote	quote	NOUN
cblr-8638	530	10	’s	’s	PART
cblr-8638	530	11	history	history	NOUN
cblr-8638	530	12	in	in	ADP
cblr-8638	530	13	order	order	NOUN
cblr-8638	530	14	to	to	PART
cblr-8638	530	15	save	save	VERB
cblr-8638	530	16	it	it	PRON
cblr-8638	530	17	,	,	PUNCT
cblr-8638	530	18	bloomberg	bloomberg	PROPN
cblr-8638	530	19	(	(	PUNCT
cblr-8638	530	20	feb	feb	PROPN
cblr-8638	530	21	.	.	PROPN
cblr-8638	530	22	9	9	NUM
cblr-8638	530	23	,	,	PUNCT
cblr-8638	530	24	2018	2018	NUM
cblr-8638	530	25	,	,	PUNCT
cblr-8638	530	26	2:50	2:50	NUM
cblr-8638	530	27	pm	pm	NOUN
cblr-8638	530	28	)	)	PUNCT
cblr-8638	530	29	,	,	PUNCT
cblr-8638	530	30	https://www.bloomberg.com/opinion/articles/2018-02-09/destroying-a-quote-s-history-in-orderto-save-it	https://www.bloomberg.com/opinion/articles/2018-02-09/destroying-a-quote-s-history-in-orderto-save-it	VERB
cblr-8638	530	31	[	[	X
cblr-8638	530	32	https://perma.cc/8ahf-675z	https://perma.cc/8ahf-675z	X
cblr-8638	530	33	]	]	X
cblr-8638	530	34	(	(	PUNCT
cblr-8638	530	35	describing	describe	VERB
cblr-8638	530	36	the	the	DET
cblr-8638	530	37	history	history	NOUN
cblr-8638	530	38	of	of	ADP
cblr-8638	530	39	the	the	DET
cblr-8638	530	40	phrase	phrase	NOUN
cblr-8638	530	41	)	)	PUNCT
cblr-8638	530	42	.	.	PUNCT
cblr-8638	531	1	138	138	NUM
cblr-8638	531	2	george	george	PROPN
cblr-8638	531	3	j.	j.	PROPN
cblr-8638	531	4	stigler	stigler	PROPN
cblr-8638	531	5	,	,	PUNCT
cblr-8638	531	6	public	public	ADJ
cblr-8638	531	7	regulation	regulation	NOUN
cblr-8638	531	8	of	of	ADP
cblr-8638	531	9	the	the	DET
cblr-8638	531	10	securities	security	NOUN
cblr-8638	531	11	markets	market	NOUN
cblr-8638	531	12	,	,	PUNCT
cblr-8638	531	13	19	19	NUM
cblr-8638	531	14	bus	bus	NOUN
cblr-8638	531	15	.	.	PUNCT
cblr-8638	532	1	law	law	NOUN
cblr-8638	532	2	.	.	PUNCT
cblr-8638	533	1	721	721	NUM
cblr-8638	533	2	,	,	PUNCT
cblr-8638	533	3	741	741	NUM
cblr-8638	533	4	(	(	PUNCT
cblr-8638	533	5	1964	1964	NUM
cblr-8638	533	6	)	)	PUNCT
cblr-8638	533	7	.	.	PUNCT
cblr-8638	534	1	macey	macey	PROPN
cblr-8638	534	2	8/22/2021	8/22/2021	NUM
cblr-8638	534	3	3:47	3:47	NUM
cblr-8638	534	4	pm	pm	NOUN
cblr-8638	534	5	828	828	NUM
cblr-8638	534	6	columbia	columbia	PROPN
cblr-8638	534	7	business	business	NOUN
cblr-8638	534	8	law	law	PROPN
cblr-8638	534	9	review	review	NOUN
cblr-8638	535	1	[	[	X
cblr-8638	535	2	vol	vol	NOUN
cblr-8638	535	3	.	.	PUNCT
cblr-8638	535	4	2021	2021	NUM
cblr-8638	535	5	locked	lock	VERB
cblr-8638	535	6	in	in	ADP
cblr-8638	535	7	to	to	ADP
cblr-8638	535	8	the	the	DET
cblr-8638	535	9	issuer	issuer	NOUN
cblr-8638	535	10	.	.	PUNCT
cblr-8638	535	11	”139	”139	PUNCT
cblr-8638	536	1	the	the	DET
cblr-8638	536	2	benefits	benefit	NOUN
cblr-8638	536	3	of	of	ADP
cblr-8638	536	4	trading	trading	NOUN
cblr-8638	536	5	halts	halt	NOUN
cblr-8638	536	6	then	then	ADV
cblr-8638	536	7	flow	flow	VERB
cblr-8638	536	8	disproportionately	disproportionately	ADV
cblr-8638	536	9	to	to	ADP
cblr-8638	536	10	market	market	NOUN
cblr-8638	536	11	professionals	professional	NOUN
cblr-8638	536	12	,	,	PUNCT
cblr-8638	536	13	with	with	SCONJ
cblr-8638	536	14	the	the	DET
cblr-8638	536	15	costs	cost	NOUN
cblr-8638	536	16	being	be	AUX
cblr-8638	536	17	largely	largely	ADV
cblr-8638	536	18	borne	bear	VERB
cblr-8638	536	19	by	by	ADP
cblr-8638	536	20	market	market	NOUN
cblr-8638	536	21	participants.140	participants.140	ADJ
cblr-8638	536	22	market	market	NOUN
cblr-8638	536	23	professionals	professional	NOUN
cblr-8638	536	24	on	on	ADP
cblr-8638	536	25	wall	wall	PROPN
cblr-8638	536	26	street	street	PROPN
cblr-8638	536	27	make	make	VERB
cblr-8638	536	28	money	money	NOUN
cblr-8638	536	29	by	by	ADP
cblr-8638	536	30	purchasing	purchase	VERB
cblr-8638	536	31	securities	security	NOUN
cblr-8638	536	32	at	at	ADP
cblr-8638	536	33	the	the	DET
cblr-8638	536	34	low	low	ADJ
cblr-8638	536	35	“	"	PUNCT
cblr-8638	536	36	bid	bid	NOUN
cblr-8638	536	37	”	"	PUNCT
cblr-8638	536	38	price	price	NOUN
cblr-8638	536	39	and	and	CCONJ
cblr-8638	536	40	selling	sell	VERB
cblr-8638	536	41	them	they	PRON
cblr-8638	536	42	at	at	ADP
cblr-8638	536	43	the	the	DET
cblr-8638	536	44	higher	high	ADJ
cblr-8638	536	45	“	"	PUNCT
cblr-8638	536	46	offered	offer	VERB
cblr-8638	536	47	”	"	PUNCT
cblr-8638	536	48	price	price	NOUN
cblr-8638	536	49	.	.	PUNCT
cblr-8638	537	1	as	as	ADP
cblr-8638	537	2	volatility	volatility	NOUN
cblr-8638	537	3	increases	increase	NOUN
cblr-8638	537	4	,	,	PUNCT
cblr-8638	537	5	the	the	DET
cblr-8638	537	6	risks	risk	NOUN
cblr-8638	537	7	to	to	ADP
cblr-8638	537	8	certain	certain	ADJ
cblr-8638	537	9	wall	wall	PROPN
cblr-8638	537	10	street	street	PROPN
cblr-8638	537	11	market	market	NOUN
cblr-8638	537	12	professionals	professional	NOUN
cblr-8638	537	13	from	from	ADP
cblr-8638	537	14	dealing	deal	VERB
cblr-8638	537	15	in	in	ADP
cblr-8638	537	16	securities	security	NOUN
cblr-8638	537	17	also	also	ADV
cblr-8638	537	18	increase	increase	VERB
cblr-8638	537	19	.	.	PUNCT
cblr-8638	538	1	under	under	ADP
cblr-8638	538	2	normal	normal	ADJ
cblr-8638	538	3	market	market	NOUN
cblr-8638	538	4	conditions	condition	NOUN
cblr-8638	538	5	,	,	PUNCT
cblr-8638	538	6	market	market	NOUN
cblr-8638	538	7	professionals	professional	NOUN
cblr-8638	538	8	can	can	AUX
cblr-8638	538	9	easily	easily	ADV
cblr-8638	538	10	handle	handle	VERB
cblr-8638	538	11	volatility	volatility	NOUN
cblr-8638	538	12	simply	simply	ADV
cblr-8638	538	13	by	by	ADP
cblr-8638	538	14	increasing	increase	VERB
cblr-8638	538	15	the	the	DET
cblr-8638	538	16	spread	spread	NOUN
cblr-8638	538	17	between	between	ADP
cblr-8638	538	18	their	their	PRON
cblr-8638	538	19	bids	bid	NOUN
cblr-8638	538	20	and	and	CCONJ
cblr-8638	538	21	offers	offer	NOUN
cblr-8638	538	22	for	for	ADP
cblr-8638	538	23	securities	security	NOUN
cblr-8638	538	24	.	.	PUNCT
cblr-8638	539	1	but	but	CCONJ
cblr-8638	539	2	in	in	ADP
cblr-8638	539	3	times	time	NOUN
cblr-8638	539	4	of	of	ADP
cblr-8638	539	5	extreme	extreme	ADJ
cblr-8638	539	6	price	price	NOUN
cblr-8638	539	7	volatility	volatility	NOUN
cblr-8638	539	8	,	,	PUNCT
cblr-8638	539	9	trading	trading	NOUN
cblr-8638	539	10	halts	halt	NOUN
cblr-8638	539	11	are	be	AUX
cblr-8638	539	12	necessary	necessary	ADJ
cblr-8638	539	13	to	to	PART
cblr-8638	539	14	curb	curb	VERB
cblr-8638	539	15	market	market	NOUN
cblr-8638	539	16	professionals	professional	NOUN
cblr-8638	539	17	’	'	PUNCT
cblr-8638	539	18	losses	loss	NOUN
cblr-8638	539	19	.	.	PUNCT
cblr-8638	540	1	put	put	VERB
cblr-8638	540	2	simply	simply	ADV
cblr-8638	540	3	,	,	PUNCT
cblr-8638	540	4	trading	trading	NOUN
cblr-8638	540	5	halts	halt	NOUN
cblr-8638	540	6	allow	allow	VERB
cblr-8638	540	7	market	market	NOUN
cblr-8638	540	8	professionals	professional	NOUN
cblr-8638	540	9	time	time	NOUN
cblr-8638	540	10	to	to	PART
cblr-8638	540	11	search	search	VERB
cblr-8638	540	12	for	for	ADP
cblr-8638	540	13	the	the	DET
cblr-8638	540	14	new	new	ADJ
cblr-8638	540	15	,	,	PUNCT
cblr-8638	540	16	“	"	PUNCT
cblr-8638	540	17	correct	correct	ADJ
cblr-8638	540	18	”	"	PUNCT
cblr-8638	540	19	price	price	NOUN
cblr-8638	540	20	levels	level	NOUN
cblr-8638	540	21	that	that	PRON
cblr-8638	540	22	such	such	ADJ
cblr-8638	540	23	volatility	volatility	NOUN
cblr-8638	540	24	generally	generally	ADV
cblr-8638	540	25	signals.141	signals.141	VERB
cblr-8638	540	26	2	2	NUM
cblr-8638	540	27	.	.	PUNCT
cblr-8638	540	28	complex	complex	ADJ
cblr-8638	540	29	order	order	NOUN
cblr-8638	540	30	types	type	NOUN
cblr-8638	540	31	traditionally	traditionally	ADV
cblr-8638	540	32	,	,	PUNCT
cblr-8638	540	33	market	market	NOUN
cblr-8638	540	34	participants	participant	NOUN
cblr-8638	540	35	have	have	AUX
cblr-8638	540	36	entered	enter	VERB
cblr-8638	540	37	either	either	CCONJ
cblr-8638	540	38	(	(	PUNCT
cblr-8638	540	39	1	1	X
cblr-8638	540	40	)	)	PUNCT
cblr-8638	540	41	market	market	NOUN
cblr-8638	540	42	orders	order	NOUN
cblr-8638	540	43	,	,	PUNCT
cblr-8638	540	44	which	which	PRON
cblr-8638	540	45	are	be	AUX
cblr-8638	540	46	orders	order	NOUN
cblr-8638	540	47	to	to	PART
cblr-8638	540	48	buy	buy	VERB
cblr-8638	540	49	or	or	CCONJ
cblr-8638	540	50	sell	sell	VERB
cblr-8638	540	51	at	at	ADP
cblr-8638	540	52	the	the	DET
cblr-8638	540	53	best	good	ADJ
cblr-8638	540	54	market	market	NOUN
cblr-8638	540	55	price	price	NOUN
cblr-8638	540	56	currently	currently	ADV
cblr-8638	540	57	available	available	ADJ
cblr-8638	540	58	,	,	PUNCT
cblr-8638	540	59	or	or	CCONJ
cblr-8638	540	60	(	(	PUNCT
cblr-8638	540	61	2	2	X
cblr-8638	540	62	)	)	PUNCT
cblr-8638	540	63	limit	limit	NOUN
cblr-8638	540	64	orders	order	NOUN
cblr-8638	540	65	,	,	PUNCT
cblr-8638	540	66	which	which	PRON
cblr-8638	540	67	are	be	AUX
cblr-8638	540	68	orders	order	NOUN
cblr-8638	540	69	to	to	PART
cblr-8638	540	70	buy	buy	VERB
cblr-8638	540	71	or	or	CCONJ
cblr-8638	540	72	sell	sell	VERB
cblr-8638	540	73	when	when	SCONJ
cblr-8638	540	74	the	the	DET
cblr-8638	540	75	market	market	NOUN
cblr-8638	540	76	moves	move	VERB
cblr-8638	540	77	to	to	ADP
cblr-8638	540	78	the	the	DET
cblr-8638	540	79	particular	particular	ADJ
cblr-8638	540	80	price	price	NOUN
cblr-8638	540	81	specified	specify	VERB
cblr-8638	540	82	in	in	ADP
cblr-8638	540	83	the	the	DET
cblr-8638	540	84	limit	limit	NOUN
cblr-8638	540	85	order.142	order.142	INTJ
cblr-8638	540	86	however	however	ADV
cblr-8638	540	87	,	,	PUNCT
cblr-8638	540	88	as	as	SCONJ
cblr-8638	540	89	previously	previously	ADV
cblr-8638	540	90	observed	observe	VERB
cblr-8638	540	91	,	,	PUNCT
cblr-8638	540	92	the	the	DET
cblr-8638	540	93	sec	sec	PROPN
cblr-8638	540	94	has	have	AUX
cblr-8638	540	95	benefitted	benefit	VERB
cblr-8638	540	96	hfts	hft	NOUN
cblr-8638	540	97	and	and	CCONJ
cblr-8638	540	98	stock	stock	NOUN
cblr-8638	540	99	exchanges	exchange	NOUN
cblr-8638	540	100	at	at	ADP
cblr-8638	540	101	the	the	DET
cblr-8638	540	102	expense	expense	NOUN
cblr-8638	540	103	of	of	ADP
cblr-8638	540	104	ordinary	ordinary	ADJ
cblr-8638	540	105	main	main	ADJ
cblr-8638	540	106	street	street	NOUN
cblr-8638	540	107	investors.143	investors.143	NOUN
cblr-8638	540	108	they	they	PRON
cblr-8638	540	109	have	have	AUX
cblr-8638	540	110	done	do	VERB
cblr-8638	540	111	so	so	ADV
cblr-8638	540	112	by	by	ADP
cblr-8638	540	113	allowing	allow	VERB
cblr-8638	540	114	hfts	hft	NOUN
cblr-8638	540	115	to	to	PART
cblr-8638	540	116	create	create	VERB
cblr-8638	540	117	a	a	DET
cblr-8638	540	118	multitude	multitude	NOUN
cblr-8638	540	119	of	of	ADP
cblr-8638	540	120	bespoke	bespoke	NOUN
cblr-8638	540	121	types	type	NOUN
cblr-8638	540	122	of	of	ADP
cblr-8638	540	123	trading	trading	NOUN
cblr-8638	540	124	orders	order	NOUN
cblr-8638	540	125	that	that	PRON
cblr-8638	540	126	disrupt	disrupt	VERB
cblr-8638	540	127	the	the	DET
cblr-8638	540	128	orderly	orderly	ADJ
cblr-8638	540	129	execution	execution	NOUN
cblr-8638	540	130	of	of	ADP
cblr-8638	540	131	retail	retail	ADJ
cblr-8638	540	132	investors	investor	NOUN
cblr-8638	540	133	’	'	PUNCT
cblr-8638	540	134	orders.144	orders.144	PROPN
cblr-8638	540	135	so	so	ADV
cblr-8638	540	136	-	-	PUNCT
cblr-8638	540	137	called	call	VERB
cblr-8638	540	138	“	"	PUNCT
cblr-8638	540	139	hide	hide	VERB
cblr-8638	540	140	not	not	PART
cblr-8638	540	141	slide	slide	VERB
cblr-8638	540	142	”	"	PUNCT
cblr-8638	540	143	orders	order	NOUN
cblr-8638	540	144	are	be	AUX
cblr-8638	540	145	but	but	CCONJ
cblr-8638	540	146	one	one	NUM
cblr-8638	540	147	example	example	NOUN
cblr-8638	540	148	of	of	ADP
cblr-8638	540	149	the	the	DET
cblr-8638	540	150	way	way	NOUN
cblr-8638	540	151	in	in	ADP
cblr-8638	540	152	which	which	PRON
cblr-8638	540	153	regulators	regulator	NOUN
cblr-8638	540	154	have	have	AUX
cblr-8638	540	155	allowed	allow	VERB
cblr-8638	540	156	hfts	hft	NOUN
cblr-8638	540	157	to	to	PART
cblr-8638	540	158	undermine	undermine	VERB
cblr-8638	540	159	139	139	NUM
cblr-8638	540	160	bradley	bradley	NOUN
cblr-8638	540	161	,	,	PUNCT
cblr-8638	540	162	supra	supra	PROPN
cblr-8638	540	163	note	note	PROPN
cblr-8638	540	164	132	132	NUM
cblr-8638	540	165	,	,	PUNCT
cblr-8638	540	166	at	at	ADP
cblr-8638	540	167	622	622	NUM
cblr-8638	540	168	.	.	PUNCT
cblr-8638	541	1	140	140	NUM
cblr-8638	541	2	see	see	VERB
cblr-8638	541	3	i	i	PRON
cblr-8638	541	4	d.	d.	PROPN
cblr-8638	541	5	at	at	ADP
cblr-8638	541	6	621–22	621–22	NUM
cblr-8638	541	7	.	.	PUNCT
cblr-8638	542	1	141	141	NUM
cblr-8638	542	2	see	see	VERB
cblr-8638	542	3	william	william	PROPN
cblr-8638	542	4	g.	g.	PROPN
cblr-8638	542	5	christie	christie	PROPN
cblr-8638	542	6	,	,	PUNCT
cblr-8638	542	7	shane	shane	PROPN
cblr-8638	542	8	a.	a.	PROPN
cblr-8638	542	9	corwin	corwin	PROPN
cblr-8638	542	10	&	&	CCONJ
cblr-8638	542	11	jeffrey	jeffrey	PROPN
cblr-8638	542	12	h.	h.	PROPN
cblr-8638	542	13	harris	harris	PROPN
cblr-8638	542	14	,	,	PUNCT
cblr-8638	542	15	nasdaq	nasdaq	PROPN
cblr-8638	542	16	trading	trading	NOUN
cblr-8638	542	17	halts	halt	VERB
cblr-8638	542	18	:	:	PUNCT
cblr-8638	542	19	the	the	DET
cblr-8638	542	20	impact	impact	NOUN
cblr-8638	542	21	of	of	ADP
cblr-8638	542	22	market	market	NOUN
cblr-8638	542	23	mechanisms	mechanism	NOUN
cblr-8638	542	24	on	on	ADP
cblr-8638	542	25	prices	price	NOUN
cblr-8638	542	26	,	,	PUNCT
cblr-8638	542	27	trading	trading	NOUN
cblr-8638	542	28	activity	activity	NOUN
cblr-8638	542	29	,	,	PUNCT
cblr-8638	542	30	and	and	CCONJ
cblr-8638	542	31	execution	execution	NOUN
cblr-8638	542	32	costs	cost	NOUN
cblr-8638	542	33	,	,	PUNCT
cblr-8638	542	34	57	57	NUM
cblr-8638	542	35	j.	j.	PROPN
cblr-8638	542	36	fin	fin	PROPN
cblr-8638	542	37	.	.	PUNCT
cblr-8638	542	38	1443	1443	NUM
cblr-8638	542	39	,	,	PUNCT
cblr-8638	542	40	1443	1443	NUM
cblr-8638	542	41	(	(	PUNCT
cblr-8638	542	42	2002	2002	NUM
cblr-8638	542	43	)	)	PUNCT
cblr-8638	542	44	.	.	PUNCT
cblr-8638	543	1	142	142	NUM
cblr-8638	543	2	sugato	sugato	PROPN
cblr-8638	543	3	chakravarty	chakravarty	NOUN
cblr-8638	543	4	&	&	CCONJ
cblr-8638	543	5	craig	craig	PROPN
cblr-8638	543	6	w.	w.	PROPN
cblr-8638	543	7	holden	holden	PROPN
cblr-8638	543	8	,	,	PUNCT
cblr-8638	543	9	an	an	DET
cblr-8638	543	10	integrated	integrated	ADJ
cblr-8638	543	11	model	model	NOUN
cblr-8638	543	12	of	of	ADP
cblr-8638	543	13	market	market	NOUN
cblr-8638	543	14	and	and	CCONJ
cblr-8638	543	15	limit	limit	VERB
cblr-8638	543	16	orders	order	NOUN
cblr-8638	543	17	,	,	PUNCT
cblr-8638	543	18	4	4	NUM
cblr-8638	543	19	j.	j.	PROPN
cblr-8638	543	20	fin	fin	PROPN
cblr-8638	543	21	.	.	PUNCT
cblr-8638	544	1	intermediation	intermediation	NOUN
cblr-8638	544	2	213	213	NUM
cblr-8638	544	3	,	,	PUNCT
cblr-8638	544	4	213	213	NUM
cblr-8638	544	5	&	&	CCONJ
cblr-8638	544	6	n.1	n.1	PROPN
cblr-8638	544	7	(	(	PUNCT
cblr-8638	544	8	1995	1995	NUM
cblr-8638	544	9	)	)	PUNCT
cblr-8638	544	10	.	.	PUNCT
cblr-8638	545	1	143	143	PRON
cblr-8638	545	2	macey	macey	PROPN
cblr-8638	545	3	&	&	CCONJ
cblr-8638	545	4	swensen	swensen	PROPN
cblr-8638	545	5	,	,	PUNCT
cblr-8638	545	6	supra	supra	PROPN
cblr-8638	545	7	note	note	PROPN
cblr-8638	545	8	128	128	NUM
cblr-8638	545	9	.	.	PUNCT
cblr-8638	546	1	144	144	NUM
cblr-8638	546	2	jonathan	jonathan	PROPN
cblr-8638	546	3	macey	macey	PROPN
cblr-8638	546	4	&	&	CCONJ
cblr-8638	546	5	david	david	PROPN
cblr-8638	546	6	swensen	swensen	PROPN
cblr-8638	546	7	,	,	PUNCT
cblr-8638	546	8	recovering	recover	VERB
cblr-8638	546	9	the	the	DET
cblr-8638	546	10	promise	promise	NOUN
cblr-8638	546	11	of	of	ADP
cblr-8638	546	12	a	a	DET
cblr-8638	546	13	fair	fair	ADJ
cblr-8638	546	14	and	and	CCONJ
cblr-8638	546	15	orderly	orderly	ADJ
cblr-8638	546	16	stock	stock	NOUN
cblr-8638	546	17	exchange	exchange	NOUN
cblr-8638	546	18	,	,	PUNCT
cblr-8638	546	19	42	42	NUM
cblr-8638	546	20	j.	j.	PROPN
cblr-8638	546	21	corp	corp	PROPN
cblr-8638	546	22	.	.	PROPN
cblr-8638	546	23	l.	l.	PROPN
cblr-8638	546	24	777	777	NUM
cblr-8638	546	25	,	,	PUNCT
cblr-8638	546	26	787	787	NUM
cblr-8638	546	27	(	(	PUNCT
cblr-8638	546	28	2017	2017	NUM
cblr-8638	546	29	)	)	PUNCT
cblr-8638	546	30	.	.	PUNCT
cblr-8638	547	1	macey	macey	PROPN
cblr-8638	547	2	8/22/2021	8/22/2021	NUM
cblr-8638	547	3	3:47	3:47	NUM
cblr-8638	547	4	pm	pm	NOUN
cblr-8638	547	5	no	no	INTJ
cblr-8638	547	6	.	.	PUNCT
cblr-8638	548	1	2:796	2:796	NUM
cblr-8638	548	2	]	]	X
cblr-8638	548	3	securities	security	NOUN
cblr-8638	548	4	regulation	regulation	NOUN
cblr-8638	548	5	and	and	CCONJ
cblr-8638	548	6	class	class	NOUN
cblr-8638	548	7	warfare	warfare	NOUN
cblr-8638	548	8	829	829	NUM
cblr-8638	548	9	the	the	DET
cblr-8638	548	10	concept	concept	NOUN
cblr-8638	548	11	of	of	ADP
cblr-8638	548	12	orderly	orderly	ADJ
cblr-8638	548	13	markets	market	NOUN
cblr-8638	548	14	.	.	PUNCT
cblr-8638	549	1	hide	hide	VERB
cblr-8638	549	2	not	not	PART
cblr-8638	549	3	slide	slide	NOUN
cblr-8638	549	4	orders	order	NOUN
cblr-8638	549	5	are	be	AUX
cblr-8638	549	6	based	base	VERB
cblr-8638	549	7	on	on	ADP
cblr-8638	549	8	two	two	NUM
cblr-8638	549	9	sets	set	NOUN
cblr-8638	549	10	of	of	ADP
cblr-8638	549	11	regulations	regulation	NOUN
cblr-8638	549	12	:	:	PUNCT
cblr-8638	549	13	(	(	PUNCT
cblr-8638	549	14	1	1	X
cblr-8638	549	15	)	)	PUNCT
cblr-8638	549	16	regulations	regulation	NOUN
cblr-8638	549	17	that	that	PRON
cblr-8638	549	18	stipulate	stipulate	VERB
cblr-8638	549	19	that	that	SCONJ
cblr-8638	549	20	whenever	whenever	SCONJ
cblr-8638	549	21	the	the	DET
cblr-8638	549	22	best	good	ADJ
cblr-8638	549	23	bid	bid	NOUN
cblr-8638	549	24	price	price	NOUN
cblr-8638	549	25	and	and	CCONJ
cblr-8638	549	26	the	the	DET
cblr-8638	549	27	best	good	ADJ
cblr-8638	549	28	offer	offer	NOUN
cblr-8638	549	29	price	price	NOUN
cblr-8638	549	30	for	for	ADP
cblr-8638	549	31	a	a	DET
cblr-8638	549	32	security	security	NOUN
cblr-8638	549	33	are	be	AUX
cblr-8638	549	34	identical	identical	ADJ
cblr-8638	549	35	across	across	ADP
cblr-8638	549	36	all	all	DET
cblr-8638	549	37	exchanges	exchange	NOUN
cblr-8638	549	38	,	,	PUNCT
cblr-8638	549	39	the	the	DET
cblr-8638	549	40	market	market	NOUN
cblr-8638	549	41	is	be	AUX
cblr-8638	549	42	deemed	deem	VERB
cblr-8638	549	43	to	to	PART
cblr-8638	549	44	be	be	AUX
cblr-8638	549	45	“	"	PUNCT
cblr-8638	549	46	locked	lock	VERB
cblr-8638	549	47	,	,	PUNCT
cblr-8638	549	48	”	"	PUNCT
cblr-8638	549	49	and	and	CCONJ
cblr-8638	549	50	(	(	PUNCT
cblr-8638	549	51	2	2	X
cblr-8638	549	52	)	)	PUNCT
cblr-8638	549	53	regulations	regulation	NOUN
cblr-8638	549	54	that	that	PRON
cblr-8638	549	55	require	require	VERB
cblr-8638	549	56	that	that	SCONJ
cblr-8638	549	57	orders	order	NOUN
cblr-8638	549	58	at	at	ADP
cblr-8638	549	59	the	the	DET
cblr-8638	549	60	same	same	ADJ
cblr-8638	549	61	price	price	NOUN
cblr-8638	549	62	be	be	AUX
cblr-8638	549	63	executed	execute	VERB
cblr-8638	549	64	in	in	ADP
cblr-8638	549	65	the	the	DET
cblr-8638	549	66	order	order	NOUN
cblr-8638	549	67	in	in	ADP
cblr-8638	549	68	which	which	PRON
cblr-8638	549	69	they	they	PRON
cblr-8638	549	70	are	be	AUX
cblr-8638	549	71	received.145	received.145	NOUN
cblr-8638	549	72	when	when	SCONJ
cblr-8638	549	73	markets	market	NOUN
cblr-8638	549	74	are	be	AUX
cblr-8638	549	75	locked	lock	VERB
cblr-8638	549	76	,	,	PUNCT
cblr-8638	549	77	trading	trading	NOUN
cblr-8638	549	78	can	can	AUX
cblr-8638	549	79	not	not	PART
cblr-8638	549	80	occur	occur	VERB
cblr-8638	549	81	until	until	SCONJ
cblr-8638	549	82	the	the	DET
cblr-8638	549	83	markets	market	NOUN
cblr-8638	549	84	become	become	VERB
cblr-8638	549	85	unlocked	unlocked	ADJ
cblr-8638	549	86	.	.	PUNCT
cblr-8638	550	1	one	one	NUM
cblr-8638	550	2	way	way	NOUN
cblr-8638	550	3	that	that	PRON
cblr-8638	550	4	markets	market	NOUN
cblr-8638	550	5	become	become	VERB
cblr-8638	550	6	unlocked	unlocked	ADJ
cblr-8638	550	7	is	be	AUX
cblr-8638	550	8	for	for	ADP
cblr-8638	550	9	the	the	DET
cblr-8638	550	10	bid	bid	NOUN
cblr-8638	550	11	to	to	PART
cblr-8638	550	12	“	"	PUNCT
cblr-8638	550	13	slide	slide	VERB
cblr-8638	550	14	”	"	PUNCT
cblr-8638	550	15	back	back	ADV
cblr-8638	550	16	to	to	ADP
cblr-8638	550	17	a	a	DET
cblr-8638	550	18	lower	low	ADJ
cblr-8638	550	19	bid	bid	NOUN
cblr-8638	550	20	price.146	price.146	NOUN
cblr-8638	550	21	“	"	PUNCT
cblr-8638	550	22	hide	hide	VERB
cblr-8638	550	23	not	not	PART
cblr-8638	550	24	slide	slide	NOUN
cblr-8638	550	25	orders	order	NOUN
cblr-8638	550	26	allow	allow	VERB
cblr-8638	550	27	hfts	hft	NOUN
cblr-8638	550	28	to	to	PART
cblr-8638	550	29	enter	enter	VERB
cblr-8638	550	30	orders	order	NOUN
cblr-8638	550	31	that	that	PRON
cblr-8638	550	32	lock	lock	NOUN
cblr-8638	550	33	markets	market	NOUN
cblr-8638	550	34	and	and	CCONJ
cblr-8638	550	35	[	[	X
cblr-8638	550	36	to	to	PART
cblr-8638	550	37	]	]	PART
cblr-8638	550	38	hide	hide	VERB
cblr-8638	550	39	”	"	PUNCT
cblr-8638	550	40	such	such	ADJ
cblr-8638	550	41	bids	bid	NOUN
cblr-8638	550	42	from	from	ADP
cblr-8638	550	43	display.147	display.147	ADV
cblr-8638	550	44	if	if	SCONJ
cblr-8638	550	45	a	a	DET
cblr-8638	550	46	trade	trade	NOUN
cblr-8638	550	47	is	be	AUX
cblr-8638	550	48	executed	execute	VERB
cblr-8638	550	49	later	later	ADV
cblr-8638	550	50	at	at	ADP
cblr-8638	550	51	the	the	DET
cblr-8638	550	52	(	(	PUNCT
cblr-8638	550	53	higher	high	ADJ
cblr-8638	550	54	)	)	PUNCT
cblr-8638	550	55	offer	offer	NOUN
cblr-8638	550	56	price	price	NOUN
cblr-8638	550	57	,	,	PUNCT
cblr-8638	550	58	the	the	DET
cblr-8638	550	59	hft	hft	NOUN
cblr-8638	550	60	’s	’s	PART
cblr-8638	550	61	previously	previously	ADV
cblr-8638	550	62	hidden	hide	VERB
cblr-8638	550	63	bid	bid	NOUN
cblr-8638	550	64	will	will	AUX
cblr-8638	550	65	be	be	AUX
cblr-8638	550	66	displayed	display	VERB
cblr-8638	550	67	because	because	SCONJ
cblr-8638	550	68	the	the	DET
cblr-8638	550	69	higher	high	ADJ
cblr-8638	550	70	offer	offer	NOUN
cblr-8638	550	71	means	mean	VERB
cblr-8638	550	72	that	that	SCONJ
cblr-8638	550	73	the	the	DET
cblr-8638	550	74	bid	bid	NOUN
cblr-8638	550	75	no	no	ADV
cblr-8638	550	76	longer	long	ADV
cblr-8638	550	77	locks	lock	VERB
cblr-8638	550	78	the	the	DET
cblr-8638	550	79	market	market	NOUN
cblr-8638	550	80	.	.	PUNCT
cblr-8638	551	1	since	since	SCONJ
cblr-8638	551	2	the	the	DET
cblr-8638	551	3	hft	hft	PROPN
cblr-8638	551	4	’s	’s	PART
cblr-8638	551	5	bid	bid	NOUN
cblr-8638	551	6	was	be	AUX
cblr-8638	551	7	entered	enter	VERB
cblr-8638	551	8	earlier	early	ADV
cblr-8638	551	9	,	,	PUNCT
cblr-8638	551	10	it	it	PRON
cblr-8638	551	11	will	will	AUX
cblr-8638	551	12	now	now	ADV
cblr-8638	551	13	be	be	AUX
cblr-8638	551	14	first	first	ADV
cblr-8638	551	15	in	in	ADP
cblr-8638	551	16	line	line	NOUN
cblr-8638	551	17	to	to	PART
cblr-8638	551	18	be	be	AUX
cblr-8638	551	19	executed	execute	VERB
cblr-8638	551	20	—	—	PUNCT
cblr-8638	551	21	“	"	PUNCT
cblr-8638	551	22	even	even	ADV
cblr-8638	551	23	ahead	ahead	ADV
cblr-8638	551	24	of	of	ADP
cblr-8638	551	25	[	[	X
cblr-8638	551	26	a	a	X
cblr-8638	551	27	]	]	X
cblr-8638	551	28	previous	previous	ADJ
cblr-8638	551	29	higher	high	ADJ
cblr-8638	551	30	bid	bid	NOUN
cblr-8638	551	31	that	that	PRON
cblr-8638	551	32	slid	slide	VERB
cblr-8638	551	33	down	down	ADP
cblr-8638	551	34	to	to	ADP
cblr-8638	551	35	a	a	DET
cblr-8638	551	36	slightly	slightly	ADV
cblr-8638	551	37	lower	low	ADJ
cblr-8638	551	38	price	price	NOUN
cblr-8638	551	39	.	.	PUNCT
cblr-8638	552	1	the	the	DET
cblr-8638	552	2	hide	hide	NOUN
cblr-8638	552	3	not	not	PART
cblr-8638	552	4	slide	slide	NOUN
cblr-8638	552	5	scheme	scheme	NOUN
cblr-8638	552	6	allows	allow	VERB
cblr-8638	552	7	hfts	hft	NOUN
cblr-8638	552	8	to	to	PART
cblr-8638	552	9	jump	jump	VERB
cblr-8638	552	10	ahead	ahead	ADV
cblr-8638	552	11	of	of	ADP
cblr-8638	552	12	ordinary	ordinary	ADJ
cblr-8638	552	13	investors	investor	NOUN
cblr-8638	552	14	placing	place	VERB
cblr-8638	552	15	[	[	PUNCT
cblr-8638	552	16	traditional	traditional	ADJ
cblr-8638	552	17	]	]	PUNCT
cblr-8638	552	18	buy	buy	VERB
cblr-8638	552	19	orders	order	NOUN
cblr-8638	552	20	.	.	PUNCT
cblr-8638	552	21	”148	”148	PUNCT
cblr-8638	552	22	in	in	ADP
cblr-8638	552	23	other	other	ADJ
cblr-8638	552	24	words	word	NOUN
cblr-8638	552	25	,	,	PUNCT
cblr-8638	552	26	hide	hide	VERB
cblr-8638	552	27	not	not	PART
cblr-8638	552	28	slide	slide	NOUN
cblr-8638	552	29	orders	order	NOUN
cblr-8638	552	30	provide	provide	VERB
cblr-8638	552	31	a	a	DET
cblr-8638	552	32	means	mean	NOUN
cblr-8638	552	33	by	by	ADP
cblr-8638	552	34	which	which	PRON
cblr-8638	552	35	hfts	hft	NOUN
cblr-8638	552	36	can	can	AUX
cblr-8638	552	37	simultaneously	simultaneously	ADV
cblr-8638	552	38	achieve	achieve	VERB
cblr-8638	552	39	an	an	DET
cblr-8638	552	40	unfair	unfair	ADJ
cblr-8638	552	41	trading	trading	NOUN
cblr-8638	552	42	advantage	advantage	NOUN
cblr-8638	552	43	over	over	ADP
cblr-8638	552	44	ordinary	ordinary	ADJ
cblr-8638	552	45	investors	investor	NOUN
cblr-8638	552	46	and	and	CCONJ
cblr-8638	552	47	undermine	undermine	VERB
cblr-8638	552	48	fair	fair	ADJ
cblr-8638	552	49	and	and	CCONJ
cblr-8638	552	50	orderly	orderly	ADJ
cblr-8638	552	51	markets	market	NOUN
cblr-8638	552	52	by	by	ADP
cblr-8638	552	53	allowing	allow	VERB
cblr-8638	552	54	hfts	hft	NOUN
cblr-8638	552	55	to	to	PART
cblr-8638	552	56	jump	jump	VERB
cblr-8638	552	57	ahead	ahead	ADV
cblr-8638	552	58	of	of	ADP
cblr-8638	552	59	the	the	DET
cblr-8638	552	60	orders	order	NOUN
cblr-8638	552	61	of	of	ADP
cblr-8638	552	62	ordinary	ordinary	ADJ
cblr-8638	552	63	investors	investor	NOUN
cblr-8638	552	64	.	.	PUNCT
cblr-8638	553	1	c.	c.	NOUN
cblr-8638	553	2	efficiency	efficiency	NOUN
cblr-8638	553	3	regulators	regulator	NOUN
cblr-8638	553	4	appear	appear	VERB
cblr-8638	553	5	to	to	PART
cblr-8638	553	6	have	have	VERB
cblr-8638	553	7	a	a	DET
cblr-8638	553	8	preoccupation	preoccupation	NOUN
cblr-8638	553	9	with	with	ADP
cblr-8638	553	10	market	market	NOUN
cblr-8638	553	11	efficiency.149	efficiency.149	NOUN
cblr-8638	553	12	according	accord	VERB
cblr-8638	553	13	to	to	ADP
cblr-8638	553	14	the	the	DET
cblr-8638	553	15	efficient	efficient	ADJ
cblr-8638	553	16	capital	capital	NOUN
cblr-8638	553	17	markets	market	NOUN
cblr-8638	553	18	hypothesis	hypothesis	NOUN
cblr-8638	553	19	(	(	PUNCT
cblr-8638	553	20	ecmh	ecmh	PROPN
cblr-8638	553	21	)	)	PUNCT
cblr-8638	553	22	,	,	PUNCT
cblr-8638	553	23	capital	capital	NOUN
cblr-8638	553	24	markets	market	NOUN
cblr-8638	553	25	are	be	AUX
cblr-8638	553	26	more	more	ADV
cblr-8638	553	27	or	or	CCONJ
cblr-8638	553	28	less	less	ADV
cblr-8638	553	29	efficient	efficient	ADJ
cblr-8638	553	30	145	145	NUM
cblr-8638	553	31	scott	scott	PROPN
cblr-8638	553	32	patterson	patterson	PROPN
cblr-8638	553	33	&	&	CCONJ
cblr-8638	553	34	jenny	jenny	PROPN
cblr-8638	553	35	strasburg	strasburg	PROPN
cblr-8638	553	36	,	,	PUNCT
cblr-8638	553	37	how	how	SCONJ
cblr-8638	553	38	‘	'	PUNCT
cblr-8638	553	39	hide	hide	AUX
cblr-8638	553	40	not	not	PART
cblr-8638	553	41	slide	slide	VERB
cblr-8638	553	42	’	'	PUNCT
cblr-8638	553	43	orders	order	NOUN
cblr-8638	553	44	work	work	NOUN
cblr-8638	553	45	,	,	PUNCT
cblr-8638	554	1	wall	wall	PROPN
cblr-8638	554	2	st	st	PROPN
cblr-8638	554	3	.	.	PROPN
cblr-8638	554	4	j.	j.	PROPN
cblr-8638	554	5	(	(	PUNCT
cblr-8638	554	6	sept	sept	PROPN
cblr-8638	554	7	.	.	PROPN
cblr-8638	554	8	18	18	NUM
cblr-8638	554	9	,	,	PUNCT
cblr-8638	554	10	2012	2012	NUM
cblr-8638	554	11	,	,	PUNCT
cblr-8638	554	12	10:40	10:40	NUM
cblr-8638	554	13	pm	pm	NOUN
cblr-8638	554	14	)	)	PUNCT
cblr-8638	554	15	(	(	PUNCT
cblr-8638	554	16	on	on	ADP
cblr-8638	554	17	file	file	NOUN
cblr-8638	554	18	with	with	ADP
cblr-8638	554	19	the	the	DET
cblr-8638	554	20	columbia	columbia	PROPN
cblr-8638	554	21	business	business	PROPN
cblr-8638	554	22	law	law	PROPN
cblr-8638	554	23	review	review	PROPN
cblr-8638	554	24	)	)	PUNCT
cblr-8638	554	25	,	,	PUNCT
cblr-8638	554	26	https://www.wsj.com/articles/sb100008723963904	https://www.wsj.com/articles/sb100008723963904	PROPN
cblr-8638	554	27	44812704577605840263150860	44812704577605840263150860	NUM
cblr-8638	554	28	.	.	PUNCT
cblr-8638	555	1	146	146	NUM
cblr-8638	555	2	see	see	VERB
cblr-8638	555	3	i	i	PRON
cblr-8638	555	4	d.	d.	PROPN
cblr-8638	555	5	147	147	NUM
cblr-8638	555	6	macey	macey	PROPN
cblr-8638	555	7	&	&	CCONJ
cblr-8638	555	8	swensen	swensen	PROPN
cblr-8638	555	9	,	,	PUNCT
cblr-8638	555	10	supra	supra	PROPN
cblr-8638	555	11	note	note	PROPN
cblr-8638	555	12	144	144	NUM
cblr-8638	555	13	,	,	PUNCT
cblr-8638	555	14	at	at	ADP
cblr-8638	555	15	787	787	NUM
cblr-8638	555	16	.	.	NUM
cblr-8638	555	17	148	148	NUM
cblr-8638	556	1	i	i	NOUN
cblr-8638	556	2	d.	d.	PROPN
cblr-8638	556	3	149	149	NUM
cblr-8638	556	4	bradley	bradley	PROPN
cblr-8638	556	5	,	,	PUNCT
cblr-8638	556	6	supra	supra	PROPN
cblr-8638	556	7	note	note	NOUN
cblr-8638	556	8	3	3	NUM
cblr-8638	556	9	,	,	PUNCT
cblr-8638	556	10	at	at	ADP
cblr-8638	556	11	75	75	NUM
cblr-8638	556	12	.	.	PUNCT
cblr-8638	557	1	macey	macey	PROPN
cblr-8638	557	2	8/22/2021	8/22/2021	NUM
cblr-8638	557	3	3:47	3:47	NUM
cblr-8638	557	4	pm	pm	PROPN
cblr-8638	557	5	830	830	NUM
cblr-8638	557	6	columbia	columbia	PROPN
cblr-8638	557	7	business	business	NOUN
cblr-8638	557	8	law	law	PROPN
cblr-8638	557	9	review	review	NOUN
cblr-8638	558	1	[	[	X
cblr-8638	558	2	vol	vol	NOUN
cblr-8638	558	3	.	.	PUNCT
cblr-8638	558	4	2021	2021	NUM
cblr-8638	558	5	depending	depend	VERB
cblr-8638	558	6	on	on	ADP
cblr-8638	558	7	the	the	DET
cblr-8638	558	8	extent	extent	NOUN
cblr-8638	558	9	to	to	PART
cblr-8638	558	10	which	which	PRON
cblr-8638	558	11	the	the	DET
cblr-8638	558	12	prices	price	NOUN
cblr-8638	558	13	of	of	ADP
cblr-8638	558	14	traded	trade	VERB
cblr-8638	558	15	securities	security	NOUN
cblr-8638	558	16	fully	fully	ADV
cblr-8638	558	17	and	and	CCONJ
cblr-8638	558	18	instantaneously	instantaneously	ADV
cblr-8638	558	19	reflect	reflect	VERB
cblr-8638	558	20	all	all	DET
cblr-8638	558	21	information	information	NOUN
cblr-8638	558	22	relevant	relevant	ADJ
cblr-8638	558	23	to	to	ADP
cblr-8638	558	24	determining	determine	VERB
cblr-8638	558	25	the	the	DET
cblr-8638	558	26	value	value	NOUN
cblr-8638	558	27	(	(	PUNCT
cblr-8638	558	28	i.e.	i.e.	X
cblr-8638	558	29	,	,	PUNCT
cblr-8638	558	30	the	the	DET
cblr-8638	558	31	present	present	ADJ
cblr-8638	558	32	value	value	NOUN
cblr-8638	558	33	of	of	ADP
cblr-8638	558	34	the	the	DET
cblr-8638	558	35	future	future	ADJ
cblr-8638	558	36	income	income	NOUN
cblr-8638	558	37	stream	stream	NOUN
cblr-8638	558	38	)	)	PUNCT
cblr-8638	558	39	generated	generate	VERB
cblr-8638	558	40	for	for	ADP
cblr-8638	558	41	investors.150	investors.150	PROPN
cblr-8638	558	42	writing	write	VERB
cblr-8638	558	43	from	from	ADP
cblr-8638	558	44	a	a	DET
cblr-8638	558	45	law	law	NOUN
cblr-8638	558	46	and	and	CCONJ
cblr-8638	558	47	economics	economic	NOUN
cblr-8638	558	48	perspective	perspective	NOUN
cblr-8638	558	49	,	,	PUNCT
cblr-8638	558	50	frank	frank	PROPN
cblr-8638	558	51	easterbrook	easterbrook	PROPN
cblr-8638	558	52	and	and	CCONJ
cblr-8638	558	53	dan	dan	PROPN
cblr-8638	558	54	fischel	fischel	PROPN
cblr-8638	558	55	have	have	AUX
cblr-8638	558	56	identified	identify	VERB
cblr-8638	558	57	the	the	DET
cblr-8638	558	58	achievement	achievement	NOUN
cblr-8638	558	59	of	of	ADP
cblr-8638	558	60	efficient	efficient	ADJ
cblr-8638	558	61	capital	capital	NOUN
cblr-8638	558	62	markets	market	NOUN
cblr-8638	558	63	as	as	ADP
cblr-8638	558	64	the	the	DET
cblr-8638	558	65	goal	goal	NOUN
cblr-8638	558	66	of	of	ADP
cblr-8638	558	67	securities	security	NOUN
cblr-8638	558	68	regulation	regulation	NOUN
cblr-8638	558	69	:	:	PUNCT
cblr-8638	558	70	the	the	DET
cblr-8638	558	71	stated	state	VERB
cblr-8638	558	72	objective	objective	NOUN
cblr-8638	558	73	of	of	ADP
cblr-8638	558	74	securities	security	NOUN
cblr-8638	558	75	law	law	NOUN
cblr-8638	558	76	is	be	AUX
cblr-8638	558	77	to	to	PART
cblr-8638	558	78	make	make	VERB
cblr-8638	558	79	markets	market	NOUN
cblr-8638	558	80	function	function	VERB
cblr-8638	558	81	efficiently	efficiently	ADV
cblr-8638	558	82	—	—	PUNCT
cblr-8638	558	83	not	not	PART
cblr-8638	558	84	to	to	PART
cblr-8638	558	85	redistribute	redistribute	VERB
cblr-8638	558	86	income	income	NOUN
cblr-8638	558	87	or	or	CCONJ
cblr-8638	558	88	reshape	reshape	VERB
cblr-8638	558	89	preferences	preference	NOUN
cblr-8638	558	90	.	.	PUNCT
cblr-8638	559	1	true	true	ADJ
cblr-8638	559	2	,	,	PUNCT
cblr-8638	559	3	people	people	NOUN
cblr-8638	559	4	sometimes	sometimes	ADV
cblr-8638	559	5	say	say	VERB
cblr-8638	559	6	that	that	SCONJ
cblr-8638	559	7	the	the	DET
cblr-8638	559	8	function	function	NOUN
cblr-8638	559	9	of	of	ADP
cblr-8638	559	10	securities	security	NOUN
cblr-8638	559	11	law	law	NOUN
cblr-8638	559	12	is	be	AUX
cblr-8638	559	13	“	"	PUNCT
cblr-8638	559	14	the	the	DET
cblr-8638	559	15	protection	protection	NOUN
cblr-8638	559	16	of	of	ADP
cblr-8638	559	17	investors	investor	NOUN
cblr-8638	559	18	”	"	PUNCT
cblr-8638	559	19	or	or	CCONJ
cblr-8638	559	20	“	"	PUNCT
cblr-8638	559	21	compensation	compensation	NOUN
cblr-8638	559	22	for	for	ADP
cblr-8638	559	23	wrongs	wrong	NOUN
cblr-8638	559	24	,	,	PUNCT
cblr-8638	559	25	”	"	PUNCT
cblr-8638	559	26	but	but	CCONJ
cblr-8638	559	27	these	these	PRON
cblr-8638	559	28	are	be	AUX
cblr-8638	559	29	just	just	ADV
cblr-8638	559	30	restatements	restatement	NOUN
cblr-8638	559	31	of	of	ADP
cblr-8638	559	32	the	the	DET
cblr-8638	559	33	objective	objective	NOUN
cblr-8638	559	34	of	of	ADP
cblr-8638	559	35	efficient	efficient	ADJ
cblr-8638	559	36	operation	operation	NOUN
cblr-8638	559	37	of	of	ADP
cblr-8638	559	38	the	the	DET
cblr-8638	559	39	markets	market	NOUN
cblr-8638	559	40	.	.	PUNCT
cblr-8638	560	1	when	when	SCONJ
cblr-8638	560	2	markets	market	NOUN
cblr-8638	560	3	efficiently	efficiently	ADV
cblr-8638	560	4	respond	respond	VERB
cblr-8638	560	5	to	to	ADP
cblr-8638	560	6	information	information	NOUN
cblr-8638	560	7	,	,	PUNCT
cblr-8638	560	8	the	the	DET
cblr-8638	560	9	price	price	NOUN
cblr-8638	560	10	of	of	ADP
cblr-8638	560	11	securities	security	NOUN
cblr-8638	560	12	adjusts	adjust	VERB
cblr-8638	560	13	,	,	PUNCT
cblr-8638	560	14	and	and	CCONJ
cblr-8638	560	15	this	this	PRON
cblr-8638	560	16	protects	protect	VERB
cblr-8638	560	17	all	all	DET
cblr-8638	560	18	investors	investor	NOUN
cblr-8638	560	19	—	—	PUNCT
cblr-8638	560	20	even	even	ADV
cblr-8638	560	21	uninformed	uninformed	ADJ
cblr-8638	560	22	ones.151	ones.151	NOUN
cblr-8638	560	23	writing	write	VERB
cblr-8638	560	24	from	from	ADP
cblr-8638	560	25	a	a	DET
cblr-8638	560	26	more	more	ADV
cblr-8638	560	27	regulatory	regulatory	ADJ
cblr-8638	560	28	perspective	perspective	NOUN
cblr-8638	560	29	,	,	PUNCT
cblr-8638	560	30	ronald	ronald	PROPN
cblr-8638	560	31	gilson	gilson	PROPN
cblr-8638	560	32	and	and	CCONJ
cblr-8638	560	33	reinier	reinier	PROPN
cblr-8638	560	34	kraakman	kraakman	NOUN
cblr-8638	560	35	have	have	AUX
cblr-8638	560	36	observed	observe	VERB
cblr-8638	560	37	that	that	SCONJ
cblr-8638	560	38	the	the	DET
cblr-8638	560	39	ecmh	ecmh	NOUN
cblr-8638	560	40	is	be	AUX
cblr-8638	560	41	“	"	PUNCT
cblr-8638	560	42	the	the	DET
cblr-8638	560	43	context	context	NOUN
cblr-8638	560	44	in	in	ADP
cblr-8638	560	45	which	which	PRON
cblr-8638	560	46	serious	serious	ADJ
cblr-8638	560	47	discussion	discussion	NOUN
cblr-8638	560	48	of	of	ADP
cblr-8638	560	49	the	the	DET
cblr-8638	560	50	regulation	regulation	NOUN
cblr-8638	560	51	of	of	ADP
cblr-8638	560	52	financial	financial	ADJ
cblr-8638	560	53	markets	market	NOUN
cblr-8638	560	54	takes	take	VERB
cblr-8638	560	55	place	place	NOUN
cblr-8638	560	56	.	.	PUNCT
cblr-8638	561	1	”152	”152	PROPN
cblr-8638	561	2	while	while	SCONJ
cblr-8638	561	3	scholars	scholar	NOUN
cblr-8638	561	4	and	and	CCONJ
cblr-8638	561	5	policymakers	policymaker	NOUN
cblr-8638	561	6	fully	fully	ADV
cblr-8638	561	7	understand	understand	VERB
cblr-8638	561	8	that	that	SCONJ
cblr-8638	561	9	the	the	DET
cblr-8638	561	10	concept	concept	NOUN
cblr-8638	561	11	of	of	ADP
cblr-8638	561	12	efficient	efficient	ADJ
cblr-8638	561	13	capital	capital	NOUN
cblr-8638	561	14	markets	market	NOUN
cblr-8638	561	15	is	be	AUX
cblr-8638	561	16	analytically	analytically	ADV
cblr-8638	561	17	profound	profound	ADJ
cblr-8638	561	18	,	,	PUNCT
cblr-8638	561	19	few	few	ADJ
cblr-8638	561	20	grasp	grasp	VERB
cblr-8638	561	21	the	the	DET
cblr-8638	561	22	practical	practical	ADJ
cblr-8638	561	23	implications	implication	NOUN
cblr-8638	561	24	of	of	ADP
cblr-8638	561	25	the	the	DET
cblr-8638	561	26	hypothesis	hypothesis	NOUN
cblr-8638	561	27	for	for	ADP
cblr-8638	561	28	securities	security	NOUN
cblr-8638	561	29	regulation	regulation	NOUN
cblr-8638	561	30	.	.	PUNCT
cblr-8638	562	1	but	but	CCONJ
cblr-8638	562	2	these	these	DET
cblr-8638	562	3	practical	practical	ADJ
cblr-8638	562	4	implications	implication	NOUN
cblr-8638	562	5	are	be	AUX
cblr-8638	562	6	existential	existential	ADJ
cblr-8638	562	7	.	.	PUNCT
cblr-8638	563	1	if	if	SCONJ
cblr-8638	563	2	capital	capital	NOUN
cblr-8638	563	3	markets	market	NOUN
cblr-8638	563	4	were	be	AUX
cblr-8638	563	5	actually	actually	ADV
cblr-8638	563	6	efficient	efficient	ADJ
cblr-8638	563	7	,	,	PUNCT
cblr-8638	563	8	there	there	PRON
cblr-8638	563	9	would	would	AUX
cblr-8638	563	10	150	150	NUM
cblr-8638	563	11	see	see	VERB
cblr-8638	563	12	eugene	eugene	PROPN
cblr-8638	563	13	f.	f.	PROPN
cblr-8638	563	14	fama	fama	PROPN
cblr-8638	563	15	,	,	PUNCT
cblr-8638	563	16	efficient	efficient	ADJ
cblr-8638	563	17	capital	capital	NOUN
cblr-8638	563	18	markets	market	NOUN
cblr-8638	563	19	:	:	PUNCT
cblr-8638	563	20	a	a	DET
cblr-8638	563	21	review	review	NOUN
cblr-8638	563	22	of	of	ADP
cblr-8638	563	23	theory	theory	NOUN
cblr-8638	563	24	and	and	CCONJ
cblr-8638	563	25	empirical	empirical	ADJ
cblr-8638	563	26	work	work	NOUN
cblr-8638	563	27	,	,	PUNCT
cblr-8638	563	28	25	25	NUM
cblr-8638	563	29	j.	j.	PROPN
cblr-8638	563	30	fin	fin	PROPN
cblr-8638	563	31	.	.	PUNCT
cblr-8638	564	1	383	383	NUM
cblr-8638	564	2	,	,	PUNCT
cblr-8638	564	3	383	383	NUM
cblr-8638	564	4	(	(	PUNCT
cblr-8638	564	5	1970	1970	NUM
cblr-8638	564	6	)	)	PUNCT
cblr-8638	565	1	[	[	X
cblr-8638	565	2	hereinafter	hereinafter	NOUN
cblr-8638	565	3	fama	fama	NOUN
cblr-8638	565	4	,	,	PUNCT
cblr-8638	565	5	efficient	efficient	ADJ
cblr-8638	565	6	capital	capital	NOUN
cblr-8638	565	7	markets	market	NOUN
cblr-8638	565	8	]	]	PUNCT
cblr-8638	565	9	;	;	PUNCT
cblr-8638	565	10	eugene	eugene	PROPN
cblr-8638	565	11	f.	f.	PROPN
cblr-8638	565	12	fama	fama	PROPN
cblr-8638	565	13	,	,	PUNCT
cblr-8638	565	14	reply	reply	NOUN
cblr-8638	565	15	,	,	PUNCT
cblr-8638	565	16	31	31	NUM
cblr-8638	565	17	j.	j.	PROPN
cblr-8638	565	18	fin	fin	PROPN
cblr-8638	565	19	.	.	PUNCT
cblr-8638	565	20	143	143	NUM
cblr-8638	565	21	,	,	PUNCT
cblr-8638	565	22	143	143	NUM
cblr-8638	565	23	(	(	PUNCT
cblr-8638	565	24	1976	1976	NUM
cblr-8638	565	25	)	)	PUNCT
cblr-8638	565	26	(	(	PUNCT
cblr-8638	565	27	“	"	PUNCT
cblr-8638	565	28	market	market	NOUN
cblr-8638	565	29	efficiency	efficiency	NOUN
cblr-8638	565	30	then	then	ADV
cblr-8638	565	31	requires	require	VERB
cblr-8638	565	32	that	that	SCONJ
cblr-8638	565	33	in	in	ADP
cblr-8638	565	34	setting	set	VERB
cblr-8638	565	35	prices	price	NOUN
cblr-8638	565	36	.	.	PUNCT
cblr-8638	565	37	.	.	PUNCT
cblr-8638	566	1	.	.	PUNCT
cblr-8638	567	1	,	,	PUNCT
cblr-8638	567	2	the	the	DET
cblr-8638	567	3	market	market	NOUN
cblr-8638	567	4	correctly	correctly	ADV
cblr-8638	567	5	uses	use	VERB
cblr-8638	567	6	all	all	DET
cblr-8638	567	7	available	available	ADJ
cblr-8638	567	8	information	information	NOUN
cblr-8638	567	9	[	[	X
cblr-8638	567	10	.	.	X
cblr-8638	567	11	]	]	X
cblr-8638	567	12	”	"	PUNCT
cblr-8638	567	13	)	)	PUNCT
cblr-8638	567	14	.	.	PUNCT
cblr-8638	568	1	151	151	NUM
cblr-8638	568	2	frank	frank	PROPN
cblr-8638	568	3	h.	h.	PROPN
cblr-8638	568	4	easterbrook	easterbrook	PROPN
cblr-8638	568	5	&	&	CCONJ
cblr-8638	568	6	daniel	daniel	PROPN
cblr-8638	568	7	r.	r.	PROPN
cblr-8638	568	8	fischel	fischel	PROPN
cblr-8638	568	9	,	,	PUNCT
cblr-8638	568	10	optimal	optimal	ADJ
cblr-8638	568	11	damages	damage	NOUN
cblr-8638	568	12	in	in	ADP
cblr-8638	568	13	securities	security	NOUN
cblr-8638	568	14	cases	case	NOUN
cblr-8638	568	15	,	,	PUNCT
cblr-8638	568	16	52	52	NUM
cblr-8638	568	17	u.	u.	NOUN
cblr-8638	568	18	chi	chi	PROPN
cblr-8638	568	19	.	.	PUNCT
cblr-8638	569	1	l.	l.	PROPN
cblr-8638	569	2	rev	rev	PROPN
cblr-8638	569	3	.	.	PROPN
cblr-8638	569	4	611	611	NUM
cblr-8638	569	5	,	,	PUNCT
cblr-8638	569	6	613	613	NUM
cblr-8638	569	7	(	(	PUNCT
cblr-8638	569	8	1985	1985	NUM
cblr-8638	569	9	)	)	PUNCT
cblr-8638	569	10	(	(	PUNCT
cblr-8638	569	11	citing	cite	VERB
cblr-8638	569	12	frank	frank	PROPN
cblr-8638	569	13	h.	h.	PROPN
cblr-8638	569	14	easterbrook	easterbrook	PROPN
cblr-8638	569	15	&	&	CCONJ
cblr-8638	569	16	daniel	daniel	PROPN
cblr-8638	569	17	r.	r.	PROPN
cblr-8638	569	18	fischel	fischel	PROPN
cblr-8638	569	19	,	,	PUNCT
cblr-8638	569	20	mandatory	mandatory	ADJ
cblr-8638	569	21	disclosure	disclosure	NOUN
cblr-8638	569	22	and	and	CCONJ
cblr-8638	569	23	the	the	DET
cblr-8638	569	24	protection	protection	NOUN
cblr-8638	569	25	of	of	ADP
cblr-8638	569	26	investors	investor	NOUN
cblr-8638	569	27	,	,	PUNCT
cblr-8638	569	28	70	70	NUM
cblr-8638	569	29	va	va	NOUN
cblr-8638	569	30	.	.	PUNCT
cblr-8638	570	1	l.	l.	PROPN
cblr-8638	570	2	rev	rev	PROPN
cblr-8638	570	3	.	.	PROPN
cblr-8638	570	4	669	669	NUM
cblr-8638	570	5	,	,	PUNCT
cblr-8638	570	6	693–94	693–94	NUM
cblr-8638	570	7	(	(	PUNCT
cblr-8638	570	8	1984	1984	NUM
cblr-8638	570	9	)	)	PUNCT
cblr-8638	570	10	)	)	PUNCT
cblr-8638	571	1	;	;	PUNCT
cblr-8638	571	2	see	see	VERB
cblr-8638	571	3	also	also	ADV
cblr-8638	571	4	bradley	bradley	PROPN
cblr-8638	571	5	,	,	PUNCT
cblr-8638	571	6	supra	supra	PROPN
cblr-8638	571	7	note	note	PROPN
cblr-8638	571	8	132	132	NUM
cblr-8638	571	9	,	,	PUNCT
cblr-8638	571	10	at	at	ADP
cblr-8638	571	11	601	601	NUM
cblr-8638	571	12	(	(	PUNCT
cblr-8638	571	13	“	"	PUNCT
cblr-8638	571	14	the	the	DET
cblr-8638	571	15	debate	debate	NOUN
cblr-8638	571	16	about	about	ADP
cblr-8638	571	17	how	how	SCONJ
cblr-8638	571	18	securities	security	NOUN
cblr-8638	571	19	markets	market	NOUN
cblr-8638	571	20	should	should	AUX
cblr-8638	571	21	be	be	AUX
cblr-8638	571	22	regulated	regulate	VERB
cblr-8638	571	23	is	be	AUX
cblr-8638	571	24	no	no	ADV
cblr-8638	571	25	longer	long	ADV
cblr-8638	571	26	simply	simply	ADV
cblr-8638	571	27	a	a	DET
cblr-8638	571	28	debate	debate	NOUN
cblr-8638	571	29	about	about	ADP
cblr-8638	571	30	the	the	DET
cblr-8638	571	31	best	good	ADJ
cblr-8638	571	32	way	way	NOUN
cblr-8638	571	33	to	to	PART
cblr-8638	571	34	eliminate	eliminate	VERB
cblr-8638	571	35	market	market	NOUN
cblr-8638	571	36	abuses	abuse	NOUN
cblr-8638	571	37	,	,	PUNCT
cblr-8638	571	38	but	but	CCONJ
cblr-8638	571	39	is	be	AUX
cblr-8638	571	40	a	a	DET
cblr-8638	571	41	debate	debate	NOUN
cblr-8638	571	42	about	about	ADP
cblr-8638	571	43	whether	whether	SCONJ
cblr-8638	571	44	regulation	regulation	NOUN
cblr-8638	571	45	should	should	AUX
cblr-8638	571	46	and	and	CCONJ
cblr-8638	571	47	can	can	AUX
cblr-8638	571	48	be	be	AUX
cblr-8638	571	49	designed	design	VERB
cblr-8638	571	50	to	to	PART
cblr-8638	571	51	promote	promote	VERB
cblr-8638	571	52	market	market	NOUN
cblr-8638	571	53	efficiency	efficiency	NOUN
cblr-8638	571	54	.	.	PUNCT
cblr-8638	571	55	”	"	PUNCT
cblr-8638	571	56	)	)	PUNCT
cblr-8638	571	57	.	.	PUNCT
cblr-8638	572	1	152	152	NUM
cblr-8638	572	2	ronald	ronald	PROPN
cblr-8638	572	3	j.	j.	PROPN
cblr-8638	572	4	gilson	gilson	PROPN
cblr-8638	572	5	&	&	CCONJ
cblr-8638	572	6	reinier	reinier	PROPN
cblr-8638	572	7	h.	h.	PROPN
cblr-8638	572	8	kraakman	kraakman	PROPN
cblr-8638	572	9	,	,	PUNCT
cblr-8638	572	10	the	the	DET
cblr-8638	572	11	mechanisms	mechanism	NOUN
cblr-8638	572	12	of	of	ADP
cblr-8638	572	13	market	market	NOUN
cblr-8638	572	14	efficiency	efficiency	NOUN
cblr-8638	572	15	,	,	PUNCT
cblr-8638	572	16	70	70	NUM
cblr-8638	572	17	va	va	NOUN
cblr-8638	572	18	.	.	PUNCT
cblr-8638	572	19	l.	l.	PROPN
cblr-8638	572	20	rev	rev	PROPN
cblr-8638	572	21	.	.	PROPN
cblr-8638	572	22	549	549	NUM
cblr-8638	572	23	,	,	PUNCT
cblr-8638	572	24	550	550	NUM
cblr-8638	572	25	(	(	PUNCT
cblr-8638	572	26	1984	1984	NUM
cblr-8638	572	27	)	)	PUNCT
cblr-8638	572	28	(	(	PUNCT
cblr-8638	572	29	emphasis	emphasis	NOUN
cblr-8638	572	30	deleted	delete	VERB
cblr-8638	572	31	)	)	PUNCT
cblr-8638	572	32	.	.	PUNCT
cblr-8638	573	1	macey	macey	PROPN
cblr-8638	573	2	8/22/2021	8/22/2021	NUM
cblr-8638	573	3	3:47	3:47	NUM
cblr-8638	573	4	pm	pm	NOUN
cblr-8638	573	5	no	no	INTJ
cblr-8638	573	6	.	.	PUNCT
cblr-8638	574	1	2:796	2:796	NUM
cblr-8638	574	2	]	]	X
cblr-8638	574	3	securities	security	NOUN
cblr-8638	574	4	regulation	regulation	NOUN
cblr-8638	574	5	and	and	CCONJ
cblr-8638	574	6	class	class	NOUN
cblr-8638	574	7	warfare	warfare	NOUN
cblr-8638	574	8	831	831	NUM
cblr-8638	574	9	be	be	AUX
cblr-8638	574	10	no	no	DET
cblr-8638	574	11	need	need	NOUN
cblr-8638	574	12	for	for	ADP
cblr-8638	574	13	securities	security	NOUN
cblr-8638	574	14	regulation	regulation	NOUN
cblr-8638	574	15	because	because	SCONJ
cblr-8638	574	16	share	share	NOUN
cblr-8638	574	17	prices	price	NOUN
cblr-8638	574	18	would	would	AUX
cblr-8638	574	19	protect	protect	VERB
cblr-8638	574	20	investors	investor	NOUN
cblr-8638	574	21	,	,	PUNCT
cblr-8638	574	22	thereby	thereby	ADV
cblr-8638	574	23	obviating	obviate	VERB
cblr-8638	574	24	the	the	DET
cblr-8638	574	25	problems	problem	NOUN
cblr-8638	574	26	of	of	ADP
cblr-8638	574	27	fraud	fraud	NOUN
cblr-8638	574	28	and	and	CCONJ
cblr-8638	574	29	poor	poor	ADJ
cblr-8638	574	30	execution	execution	NOUN
cblr-8638	574	31	quality	quality	NOUN
cblr-8638	574	32	.	.	PUNCT
cblr-8638	575	1	in	in	ADP
cblr-8638	575	2	other	other	ADJ
cblr-8638	575	3	words	word	NOUN
cblr-8638	575	4	,	,	PUNCT
cblr-8638	575	5	as	as	SCONJ
cblr-8638	575	6	the	the	DET
cblr-8638	575	7	capital	capital	NOUN
cblr-8638	575	8	markets	market	NOUN
cblr-8638	575	9	become	become	VERB
cblr-8638	575	10	more	more	ADV
cblr-8638	575	11	efficient	efficient	ADJ
cblr-8638	575	12	,	,	PUNCT
cblr-8638	575	13	they	they	PRON
cblr-8638	575	14	in	in	ADP
cblr-8638	575	15	turn	turn	NOUN
cblr-8638	575	16	become	become	VERB
cblr-8638	575	17	less	less	ADV
cblr-8638	575	18	dependent	dependent	ADJ
cblr-8638	575	19	on	on	ADP
cblr-8638	575	20	external	external	ADJ
cblr-8638	575	21	securities	security	NOUN
cblr-8638	575	22	regulation	regulation	NOUN
cblr-8638	575	23	.	.	PUNCT
cblr-8638	576	1	in	in	ADP
cblr-8638	576	2	addition	addition	NOUN
cblr-8638	576	3	,	,	PUNCT
cblr-8638	576	4	the	the	DET
cblr-8638	576	5	ecmh	ecmh	NOUN
cblr-8638	576	6	’s	’s	PART
cblr-8638	576	7	concept	concept	NOUN
cblr-8638	576	8	of	of	ADP
cblr-8638	576	9	informational	informational	ADJ
cblr-8638	576	10	efficiency	efficiency	NOUN
cblr-8638	576	11	has	have	VERB
cblr-8638	576	12	deep	deep	ADJ
cblr-8638	576	13	implications	implication	NOUN
cblr-8638	576	14	for	for	ADP
cblr-8638	576	15	the	the	DET
cblr-8638	576	16	concept	concept	NOUN
cblr-8638	576	17	of	of	ADP
cblr-8638	576	18	orderly	orderly	ADJ
cblr-8638	576	19	financial	financial	ADJ
cblr-8638	576	20	markets	market	NOUN
cblr-8638	576	21	.	.	PUNCT
cblr-8638	577	1	simply	simply	ADV
cblr-8638	577	2	put	put	VERB
cblr-8638	577	3	,	,	PUNCT
cblr-8638	577	4	as	as	SCONJ
cblr-8638	577	5	capital	capital	NOUN
cblr-8638	577	6	markets	market	NOUN
cblr-8638	577	7	become	become	VERB
cblr-8638	577	8	more	more	ADV
cblr-8638	577	9	efficient	efficient	ADJ
cblr-8638	577	10	,	,	PUNCT
cblr-8638	577	11	they	they	PRON
cblr-8638	577	12	become	become	VERB
cblr-8638	577	13	less	less	ADV
cblr-8638	577	14	orderly	orderly	ADJ
cblr-8638	577	15	.	.	PUNCT
cblr-8638	578	1	andrew	andrew	PROPN
cblr-8638	578	2	lo	lo	PROPN
cblr-8638	578	3	has	have	AUX
cblr-8638	578	4	eloquently	eloquently	ADV
cblr-8638	578	5	observed	observe	VERB
cblr-8638	578	6	that	that	SCONJ
cblr-8638	578	7	the	the	DET
cblr-8638	578	8	ecmh	ecmh	NOUN
cblr-8638	578	9	has	have	VERB
cblr-8638	578	10	a	a	DET
cblr-8638	578	11	“	"	PUNCT
cblr-8638	578	12	zen	zen	NOUN
cblr-8638	578	13	-	-	PUNCT
cblr-8638	578	14	like	like	ADJ
cblr-8638	578	15	,	,	PUNCT
cblr-8638	578	16	counter	counter	ADJ
cblr-8638	578	17	-	-	ADJ
cblr-8638	578	18	intuitive	intuitive	ADJ
cblr-8638	578	19	flavour	flavour	NOUN
cblr-8638	578	20	to	to	ADP
cblr-8638	578	21	it	it	PRON
cblr-8638	578	22	:	:	PUNCT
cblr-8638	578	23	the	the	DET
cblr-8638	578	24	more	more	ADV
cblr-8638	578	25	efficient	efficient	ADJ
cblr-8638	578	26	the	the	DET
cblr-8638	578	27	market	market	NOUN
cblr-8638	578	28	,	,	PUNCT
cblr-8638	578	29	the	the	DET
cblr-8638	578	30	more	more	ADV
cblr-8638	578	31	random	random	ADJ
cblr-8638	578	32	the	the	DET
cblr-8638	578	33	sequence	sequence	NOUN
cblr-8638	578	34	of	of	ADP
cblr-8638	578	35	price	price	NOUN
cblr-8638	578	36	changes	change	NOUN
cblr-8638	578	37	generated	generate	VERB
cblr-8638	578	38	by	by	ADP
cblr-8638	578	39	such	such	DET
cblr-8638	578	40	a	a	DET
cblr-8638	578	41	market	market	NOUN
cblr-8638	578	42	,	,	PUNCT
cblr-8638	578	43	and	and	CCONJ
cblr-8638	578	44	the	the	DET
cblr-8638	578	45	most	most	ADV
cblr-8638	578	46	efficient	efficient	ADJ
cblr-8638	578	47	market	market	NOUN
cblr-8638	578	48	of	of	ADP
cblr-8638	578	49	all	all	PRON
cblr-8638	578	50	is	be	AUX
cblr-8638	578	51	one	one	NUM
cblr-8638	578	52	in	in	ADP
cblr-8638	578	53	which	which	PRON
cblr-8638	578	54	price	price	NOUN
cblr-8638	578	55	changes	change	NOUN
cblr-8638	578	56	are	be	AUX
cblr-8638	578	57	completely	completely	ADV
cblr-8638	578	58	random	random	ADJ
cblr-8638	578	59	and	and	CCONJ
cblr-8638	578	60	unpredictable	unpredictable	ADJ
cblr-8638	578	61	.	.	PUNCT
cblr-8638	579	1	”153	”153	NOUN
cblr-8638	579	2	perhaps	perhaps	ADV
cblr-8638	579	3	most	most	ADV
cblr-8638	579	4	importantly	importantly	ADV
cblr-8638	579	5	,	,	PUNCT
cblr-8638	579	6	if	if	SCONJ
cblr-8638	579	7	markets	market	NOUN
cblr-8638	579	8	were	be	AUX
cblr-8638	579	9	perfectly	perfectly	ADV
cblr-8638	579	10	efficient	efficient	ADJ
cblr-8638	579	11	,	,	PUNCT
cblr-8638	579	12	then	then	ADV
cblr-8638	579	13	shady	shady	ADJ
cblr-8638	579	14	corporate	corporate	ADJ
cblr-8638	579	15	managers	manager	NOUN
cblr-8638	579	16	could	could	AUX
cblr-8638	579	17	not	not	PART
cblr-8638	579	18	commit	commit	VERB
cblr-8638	579	19	fraud	fraud	NOUN
cblr-8638	579	20	by	by	ADP
cblr-8638	579	21	manipulating	manipulate	VERB
cblr-8638	579	22	their	their	PRON
cblr-8638	579	23	accounting	accounting	NOUN
cblr-8638	579	24	results	result	NOUN
cblr-8638	579	25	,	,	PUNCT
cblr-8638	579	26	or	or	CCONJ
cblr-8638	579	27	in	in	ADP
cblr-8638	579	28	any	any	DET
cblr-8638	579	29	other	other	ADJ
cblr-8638	579	30	way	way	NOUN
cblr-8638	579	31	.	.	PUNCT
cblr-8638	580	1	securities	security	NOUN
cblr-8638	580	2	prices	price	NOUN
cblr-8638	580	3	would	would	AUX
cblr-8638	580	4	consistently	consistently	ADV
cblr-8638	580	5	reflect	reflect	VERB
cblr-8638	580	6	the	the	DET
cblr-8638	580	7	company	company	NOUN
cblr-8638	580	8	’s	’s	PART
cblr-8638	580	9	true	true	ADJ
cblr-8638	580	10	performance	performance	NOUN
cblr-8638	580	11	based	base	VERB
cblr-8638	580	12	on	on	ADP
cblr-8638	580	13	market	market	NOUN
cblr-8638	580	14	information	information	NOUN
cblr-8638	580	15	,	,	PUNCT
cblr-8638	580	16	rather	rather	ADV
cblr-8638	580	17	than	than	ADP
cblr-8638	580	18	the	the	DET
cblr-8638	580	19	false	false	ADJ
cblr-8638	580	20	results	result	NOUN
cblr-8638	580	21	reported	report	VERB
cblr-8638	580	22	by	by	ADP
cblr-8638	580	23	management.154	management.154	NOUN
cblr-8638	580	24	of	of	ADP
cblr-8638	580	25	course	course	NOUN
cblr-8638	580	26	,	,	PUNCT
cblr-8638	580	27	markets	market	NOUN
cblr-8638	580	28	are	be	AUX
cblr-8638	580	29	not	not	PART
cblr-8638	580	30	perfectly	perfectly	ADV
cblr-8638	580	31	efficient	efficient	ADJ
cblr-8638	580	32	.	.	PUNCT
cblr-8638	581	1	but	but	CCONJ
cblr-8638	581	2	they	they	PRON
cblr-8638	581	3	are	be	AUX
cblr-8638	581	4	very	very	ADV
cblr-8638	581	5	efficient	efficient	ADJ
cblr-8638	581	6	.	.	PUNCT
cblr-8638	582	1	to	to	PART
cblr-8638	582	2	see	see	VERB
cblr-8638	582	3	just	just	ADV
cblr-8638	582	4	how	how	SCONJ
cblr-8638	582	5	efficient	efficient	ADJ
cblr-8638	582	6	capital	capital	NOUN
cblr-8638	582	7	markets	market	NOUN
cblr-8638	582	8	are	be	AUX
cblr-8638	582	9	,	,	PUNCT
cblr-8638	582	10	it	it	PRON
cblr-8638	582	11	is	be	AUX
cblr-8638	582	12	necessary	necessary	ADJ
cblr-8638	582	13	to	to	PART
cblr-8638	582	14	understand	understand	VERB
cblr-8638	582	15	the	the	DET
cblr-8638	582	16	ways	way	NOUN
cblr-8638	582	17	that	that	PRON
cblr-8638	582	18	the	the	DET
cblr-8638	582	19	concept	concept	NOUN
cblr-8638	582	20	of	of	ADP
cblr-8638	582	21	capital	capital	NOUN
cblr-8638	582	22	markets	market	NOUN
cblr-8638	582	23	efficiency	efficiency	NOUN
cblr-8638	582	24	is	be	AUX
cblr-8638	582	25	framed	frame	VERB
cblr-8638	582	26	—	—	PUNCT
cblr-8638	582	27	through	through	ADP
cblr-8638	582	28	the	the	DET
cblr-8638	582	29	strength	strength	NOUN
cblr-8638	582	30	of	of	ADP
cblr-8638	582	31	securities	security	NOUN
cblr-8638	582	32	prices	price	NOUN
cblr-8638	582	33	.	.	PUNCT
cblr-8638	583	1	specifically	specifically	ADV
cblr-8638	583	2	,	,	PUNCT
cblr-8638	583	3	securities	security	NOUN
cblr-8638	583	4	prices	price	NOUN
cblr-8638	583	5	may	may	AUX
cblr-8638	583	6	be	be	AUX
cblr-8638	583	7	viewed	view	VERB
cblr-8638	583	8	as	as	ADP
cblr-8638	583	9	(	(	PUNCT
cblr-8638	583	10	1	1	NUM
cblr-8638	583	11	)	)	PUNCT
cblr-8638	583	12	weak	weak	ADJ
cblr-8638	583	13	-	-	PUNCT
cblr-8638	583	14	form	form	NOUN
cblr-8638	583	15	efficient	efficient	ADJ
cblr-8638	583	16	,	,	PUNCT
cblr-8638	583	17	(	(	PUNCT
cblr-8638	583	18	2	2	X
cblr-8638	583	19	)	)	PUNCT
cblr-8638	583	20	semi	semi	ADJ
cblr-8638	583	21	-	-	ADJ
cblr-8638	583	22	strong	strong	ADJ
cblr-8638	583	23	-	-	PUNCT
cblr-8638	583	24	form	form	NOUN
cblr-8638	583	25	efficient	efficient	ADJ
cblr-8638	583	26	,	,	PUNCT
cblr-8638	583	27	or	or	CCONJ
cblr-8638	583	28	(	(	PUNCT
cblr-8638	583	29	3	3	X
cblr-8638	583	30	)	)	PUNCT
cblr-8638	583	31	strong	strong	ADJ
cblr-8638	583	32	-	-	PUNCT
cblr-8638	583	33	form	form	NOUN
cblr-8638	583	34	efficient	efficient	ADJ
cblr-8638	583	35	.	.	PUNCT
cblr-8638	584	1	the	the	DET
cblr-8638	584	2	weak	weak	ADJ
cblr-8638	584	3	form	form	NOUN
cblr-8638	584	4	of	of	ADP
cblr-8638	584	5	the	the	DET
cblr-8638	584	6	ecmh	ecmh	NOUN
cblr-8638	584	7	postulates	postulate	VERB
cblr-8638	584	8	that	that	SCONJ
cblr-8638	584	9	a	a	DET
cblr-8638	584	10	stock	stock	NOUN
cblr-8638	584	11	’s	’s	PART
cblr-8638	584	12	price	price	NOUN
cblr-8638	584	13	reflects	reflect	VERB
cblr-8638	584	14	all	all	DET
cblr-8638	584	15	historical	historical	ADJ
cblr-8638	584	16	information	information	NOUN
cblr-8638	584	17	,	,	PUNCT
cblr-8638	584	18	and	and	CCONJ
cblr-8638	584	19	,	,	PUNCT
cblr-8638	584	20	as	as	ADP
cblr-8638	584	21	such	such	ADJ
cblr-8638	584	22	,	,	PUNCT
cblr-8638	584	23	share	share	NOUN
cblr-8638	584	24	prices	price	NOUN
cblr-8638	584	25	are	be	AUX
cblr-8638	584	26	independent	independent	ADJ
cblr-8638	584	27	of	of	ADP
cblr-8638	584	28	past	past	ADJ
cblr-8638	584	29	price	price	NOUN
cblr-8638	584	30	performance	performance	NOUN
cblr-8638	584	31	.	.	PUNCT
cblr-8638	585	1	in	in	ADP
cblr-8638	585	2	other	other	ADJ
cblr-8638	585	3	words	word	NOUN
cblr-8638	585	4	,	,	PUNCT
cblr-8638	585	5	weak	weak	ADJ
cblr-8638	585	6	-	-	PUNCT
cblr-8638	585	7	form	form	NOUN
cblr-8638	585	8	efficiency	efficiency	NOUN
cblr-8638	585	9	posits	posit	NOUN
cblr-8638	585	10	that	that	SCONJ
cblr-8638	585	11	whatever	whatever	DET
cblr-8638	585	12	information	information	NOUN
cblr-8638	585	13	is	be	AUX
cblr-8638	585	14	contained	contain	VERB
cblr-8638	585	15	in	in	ADP
cblr-8638	585	16	the	the	DET
cblr-8638	585	17	historic	historic	ADJ
cblr-8638	585	18	progression	progression	NOUN
cblr-8638	585	19	of	of	ADP
cblr-8638	585	20	a	a	DET
cblr-8638	585	21	company	company	NOUN
cblr-8638	585	22	’s	’s	PART
cblr-8638	585	23	stock	stock	NOUN
cblr-8638	585	24	price	price	NOUN
cblr-8638	585	25	is	be	AUX
cblr-8638	585	26	reflected	reflect	VERB
cblr-8638	585	27	in	in	ADP
cblr-8638	585	28	the	the	DET
cblr-8638	585	29	current	current	ADJ
cblr-8638	585	30	price.155	price.155	NOUN
cblr-8638	585	31	153	153	NUM
cblr-8638	585	32	andrew	andrew	PROPN
cblr-8638	585	33	w.	w.	PROPN
cblr-8638	585	34	lo	lo	PROPN
cblr-8638	585	35	,	,	PUNCT
cblr-8638	585	36	efficient	efficient	ADJ
cblr-8638	585	37	markets	market	NOUN
cblr-8638	585	38	hypothesis	hypothesis	NOUN
cblr-8638	585	39	,	,	PUNCT
cblr-8638	585	40	in	in	ADP
cblr-8638	585	41	the	the	DET
cblr-8638	585	42	new	new	ADJ
cblr-8638	585	43	palgrave	palgrave	ADJ
cblr-8638	585	44	dictionary	dictionary	NOUN
cblr-8638	585	45	of	of	ADP
cblr-8638	585	46	economics	economic	NOUN
cblr-8638	585	47	(	(	PUNCT
cblr-8638	585	48	living	live	VERB
cblr-8638	585	49	ed	ed	NOUN
cblr-8638	585	50	.	.	PROPN
cblr-8638	585	51	2017	2017	NUM
cblr-8638	585	52	)	)	PUNCT
cblr-8638	585	53	.	.	PUNCT
cblr-8638	586	1	154	154	NUM
cblr-8638	586	2	see	see	VERB
cblr-8638	586	3	william	william	PROPN
cblr-8638	586	4	h.	h.	PROPN
cblr-8638	586	5	beaver	beaver	PROPN
cblr-8638	586	6	,	,	PUNCT
cblr-8638	586	7	market	market	NOUN
cblr-8638	586	8	efficiency	efficiency	NOUN
cblr-8638	586	9	,	,	PUNCT
cblr-8638	586	10	56	56	NUM
cblr-8638	586	11	acct	acct	NOUN
cblr-8638	586	12	.	.	PUNCT
cblr-8638	587	1	rev	rev	PROPN
cblr-8638	587	2	.	.	PROPN
cblr-8638	587	3	23	23	NUM
cblr-8638	587	4	,	,	PUNCT
cblr-8638	587	5	28	28	NUM
cblr-8638	587	6	(	(	PUNCT
cblr-8638	587	7	1981	1981	NUM
cblr-8638	587	8	)	)	PUNCT
cblr-8638	587	9	.	.	PUNCT
cblr-8638	588	1	155	155	NUM
cblr-8638	588	2	james	james	PROPN
cblr-8638	588	3	h.	h.	PROPN
cblr-8638	588	4	lorie	lorie	PROPN
cblr-8638	588	5	,	,	PUNCT
cblr-8638	588	6	peter	peter	PROPN
cblr-8638	588	7	dodd	dodd	PROPN
cblr-8638	588	8	&	&	CCONJ
cblr-8638	588	9	mary	mary	PROPN
cblr-8638	588	10	hamilton	hamilton	PROPN
cblr-8638	588	11	kimpton	kimpton	PROPN
cblr-8638	588	12	,	,	PUNCT
cblr-8638	588	13	the	the	DET
cblr-8638	588	14	stock	stock	NOUN
cblr-8638	588	15	market	market	NOUN
cblr-8638	588	16	:	:	PUNCT
cblr-8638	588	17	theories	theory	NOUN
cblr-8638	588	18	and	and	CCONJ
cblr-8638	588	19	evidence	evidence	NOUN
cblr-8638	588	20	56	56	NUM
cblr-8638	588	21	(	(	PUNCT
cblr-8638	588	22	2d	2d	NUM
cblr-8638	588	23	ed	ed	NOUN
cblr-8638	588	24	.	.	PROPN
cblr-8638	588	25	1985	1985	NUM
cblr-8638	588	26	)	)	PUNCT
cblr-8638	588	27	.	.	PUNCT
cblr-8638	589	1	the	the	DET
cblr-8638	589	2	weak	weak	ADJ
cblr-8638	589	3	form	form	NOUN
cblr-8638	589	4	of	of	ADP
cblr-8638	589	5	macey	macey	NOUN
cblr-8638	589	6	8/22/2021	8/22/2021	NUM
cblr-8638	589	7	3:47	3:47	NUM
cblr-8638	589	8	pm	pm	PROPN
cblr-8638	589	9	832	832	NUM
cblr-8638	589	10	columbia	columbia	PROPN
cblr-8638	589	11	business	business	NOUN
cblr-8638	589	12	law	law	PROPN
cblr-8638	589	13	review	review	NOUN
cblr-8638	589	14	[	[	X
cblr-8638	589	15	vol	vol	NOUN
cblr-8638	589	16	.	.	PUNCT
cblr-8638	589	17	2021	2021	NUM
cblr-8638	589	18	the	the	DET
cblr-8638	589	19	semi	semi	ADJ
cblr-8638	589	20	-	-	ADJ
cblr-8638	589	21	strong	strong	ADJ
cblr-8638	589	22	form	form	NOUN
cblr-8638	589	23	of	of	ADP
cblr-8638	589	24	the	the	DET
cblr-8638	589	25	ecmh	ecmh	NOUN
cblr-8638	589	26	is	be	AUX
cblr-8638	589	27	what	what	PRON
cblr-8638	589	28	people	people	NOUN
cblr-8638	589	29	generally	generally	ADV
cblr-8638	589	30	mean	mean	VERB
cblr-8638	589	31	when	when	SCONJ
cblr-8638	589	32	they	they	PRON
cblr-8638	589	33	talk	talk	VERB
cblr-8638	589	34	about	about	ADP
cblr-8638	589	35	efficient	efficient	ADJ
cblr-8638	589	36	capital	capital	NOUN
cblr-8638	589	37	markets	market	NOUN
cblr-8638	589	38	.	.	PUNCT
cblr-8638	590	1	as	as	SCONJ
cblr-8638	590	2	michael	michael	PROPN
cblr-8638	590	3	jensen	jensen	PROPN
cblr-8638	590	4	observed	observe	VERB
cblr-8638	590	5	,	,	PUNCT
cblr-8638	590	6	“	"	PUNCT
cblr-8638	590	7	the	the	DET
cblr-8638	590	8	semistrong	semistrong	ADJ
cblr-8638	590	9	form	form	NOUN
cblr-8638	590	10	of	of	ADP
cblr-8638	590	11	the	the	DET
cblr-8638	590	12	[	[	X
cblr-8638	590	13	ecmh	ecmh	NOUN
cblr-8638	590	14	]	]	PUNCT
cblr-8638	590	15	represents	represent	VERB
cblr-8638	590	16	the	the	DET
cblr-8638	590	17	accepted	accept	VERB
cblr-8638	590	18	paradigm	paradigm	NOUN
cblr-8638	590	19	and	and	CCONJ
cblr-8638	590	20	is	be	AUX
cblr-8638	590	21	what	what	PRON
cblr-8638	590	22	is	be	AUX
cblr-8638	590	23	generally	generally	ADV
cblr-8638	590	24	meant	mean	VERB
cblr-8638	590	25	by	by	ADP
cblr-8638	590	26	unqualified	unqualified	ADJ
cblr-8638	590	27	references	reference	NOUN
cblr-8638	590	28	in	in	ADP
cblr-8638	590	29	the	the	DET
cblr-8638	590	30	literature	literature	NOUN
cblr-8638	590	31	to	to	ADP
cblr-8638	590	32	the	the	DET
cblr-8638	590	33	‘	'	PUNCT
cblr-8638	590	34	efficient	efficient	ADJ
cblr-8638	590	35	market	market	NOUN
cblr-8638	590	36	hypothesis	hypothesis	NOUN
cblr-8638	590	37	.	.	PUNCT
cblr-8638	591	1	’”156	’”156	PROPN
cblr-8638	591	2	the	the	DET
cblr-8638	591	3	semi	semi	ADJ
cblr-8638	591	4	-	-	ADJ
cblr-8638	591	5	strong	strong	ADJ
cblr-8638	591	6	form	form	NOUN
cblr-8638	591	7	of	of	ADP
cblr-8638	591	8	the	the	DET
cblr-8638	591	9	ecmh	ecmh	NOUN
cblr-8638	591	10	makes	make	VERB
cblr-8638	591	11	a	a	DET
cblr-8638	591	12	stronger	strong	ADJ
cblr-8638	591	13	claim	claim	NOUN
cblr-8638	591	14	about	about	ADP
cblr-8638	591	15	efficiency	efficiency	NOUN
cblr-8638	591	16	than	than	ADP
cblr-8638	591	17	the	the	DET
cblr-8638	591	18	weak	weak	ADJ
cblr-8638	591	19	form	form	NOUN
cblr-8638	591	20	,	,	PUNCT
cblr-8638	591	21	positing	posit	VERB
cblr-8638	591	22	“	"	PUNCT
cblr-8638	591	23	that	that	SCONJ
cblr-8638	591	24	current	current	ADJ
cblr-8638	591	25	prices	price	NOUN
cblr-8638	591	26	fully	fully	ADV
cblr-8638	591	27	reflect	reflect	VERB
cblr-8638	591	28	public	public	ADJ
cblr-8638	591	29	knowledge	knowledge	NOUN
cblr-8638	591	30	.	.	PUNCT
cblr-8638	591	31	.	.	PUNCT
cblr-8638	592	1	.	.	PUNCT
cblr-8638	593	1	and	and	CCONJ
cblr-8638	593	2	that	that	SCONJ
cblr-8638	593	3	efforts	effort	NOUN
cblr-8638	593	4	to	to	PART
cblr-8638	593	5	acquire	acquire	VERB
cblr-8638	593	6	and	and	CCONJ
cblr-8638	593	7	analyze	analyze	VERB
cblr-8638	593	8	this	this	DET
cblr-8638	593	9	knowledge	knowledge	NOUN
cblr-8638	593	10	can	can	AUX
cblr-8638	593	11	not	not	PART
cblr-8638	593	12	be	be	AUX
cblr-8638	593	13	expected	expect	VERB
cblr-8638	593	14	to	to	PART
cblr-8638	593	15	produce	produce	VERB
cblr-8638	593	16	superior	superior	ADJ
cblr-8638	593	17	investment	investment	NOUN
cblr-8638	593	18	results	result	NOUN
cblr-8638	593	19	.	.	PUNCT
cblr-8638	594	1	”157	”157	NOUN
cblr-8638	594	2	finally	finally	ADV
cblr-8638	594	3	,	,	PUNCT
cblr-8638	594	4	the	the	DET
cblr-8638	594	5	strong	strong	ADJ
cblr-8638	594	6	form	form	NOUN
cblr-8638	594	7	of	of	ADP
cblr-8638	594	8	the	the	DET
cblr-8638	594	9	ecmh	ecmh	NOUN
cblr-8638	594	10	takes	take	VERB
cblr-8638	594	11	the	the	DET
cblr-8638	594	12	market	market	NOUN
cblr-8638	594	13	idea	idea	NOUN
cblr-8638	594	14	to	to	ADP
cblr-8638	594	15	its	its	PRON
cblr-8638	594	16	limit	limit	NOUN
cblr-8638	594	17	.	.	PUNCT
cblr-8638	595	1	it	it	PRON
cblr-8638	595	2	asserts	assert	VERB
cblr-8638	595	3	that	that	SCONJ
cblr-8638	595	4	both	both	CCONJ
cblr-8638	595	5	public	public	ADJ
cblr-8638	595	6	and	and	CCONJ
cblr-8638	595	7	private	private	ADJ
cblr-8638	595	8	information	information	NOUN
cblr-8638	595	9	are	be	AUX
cblr-8638	595	10	fully	fully	ADV
cblr-8638	595	11	and	and	CCONJ
cblr-8638	595	12	instantaneously	instantaneously	ADV
cblr-8638	595	13	reflected	reflect	VERB
cblr-8638	595	14	in	in	ADP
cblr-8638	595	15	the	the	DET
cblr-8638	595	16	price	price	NOUN
cblr-8638	595	17	of	of	ADP
cblr-8638	595	18	a	a	DET
cblr-8638	595	19	stock.158	stock.158	NOUN
cblr-8638	595	20	thus	thus	ADV
cblr-8638	595	21	,	,	PUNCT
cblr-8638	595	22	no	no	DET
cblr-8638	595	23	investor	investor	NOUN
cblr-8638	595	24	should	should	AUX
cblr-8638	595	25	be	be	AUX
cblr-8638	595	26	able	able	ADJ
cblr-8638	595	27	to	to	PART
cblr-8638	595	28	outperform	outperform	VERB
cblr-8638	595	29	the	the	DET
cblr-8638	595	30	market	market	NOUN
cblr-8638	595	31	systematically	systematically	ADV
cblr-8638	595	32	because	because	SCONJ
cblr-8638	595	33	the	the	DET
cblr-8638	595	34	market	market	NOUN
cblr-8638	595	35	incorporates	incorporate	VERB
cblr-8638	595	36	all	all	DET
cblr-8638	595	37	possible	possible	ADJ
cblr-8638	595	38	information	information	NOUN
cblr-8638	595	39	into	into	ADP
cblr-8638	595	40	the	the	DET
cblr-8638	595	41	stock	stock	NOUN
cblr-8638	595	42	price	price	NOUN
cblr-8638	595	43	.	.	PUNCT
cblr-8638	596	1	nobody	nobody	PRON
cblr-8638	596	2	has	have	AUX
cblr-8638	596	3	seriously	seriously	ADV
cblr-8638	596	4	contended	contend	VERB
cblr-8638	596	5	that	that	SCONJ
cblr-8638	596	6	stock	stock	NOUN
cblr-8638	596	7	markets	market	NOUN
cblr-8638	596	8	are	be	AUX
cblr-8638	596	9	strong	strong	ADJ
cblr-8638	596	10	-	-	PUNCT
cblr-8638	596	11	form	form	NOUN
cblr-8638	596	12	efficient	efficient	ADJ
cblr-8638	596	13	because	because	SCONJ
cblr-8638	596	14	it	it	PRON
cblr-8638	596	15	is	be	AUX
cblr-8638	596	16	unrealistic	unrealistic	ADJ
cblr-8638	596	17	given	give	VERB
cblr-8638	596	18	the	the	DET
cblr-8638	596	19	practical	practical	ADJ
cblr-8638	596	20	considerations	consideration	NOUN
cblr-8638	596	21	of	of	ADP
cblr-8638	596	22	securities	security	NOUN
cblr-8638	596	23	fraud.159	fraud.159	PROPN
cblr-8638	596	24	if	if	SCONJ
cblr-8638	596	25	the	the	DET
cblr-8638	596	26	stock	stock	NOUN
cblr-8638	596	27	markets	market	NOUN
cblr-8638	596	28	were	be	AUX
cblr-8638	596	29	strong	strong	ADJ
cblr-8638	596	30	-	-	PUNCT
cblr-8638	596	31	form	form	NOUN
cblr-8638	596	32	efficient	efficient	ADJ
cblr-8638	596	33	,	,	PUNCT
cblr-8638	596	34	then	then	ADV
cblr-8638	596	35	insider	insider	NOUN
cblr-8638	596	36	trading	trading	NOUN
cblr-8638	596	37	would	would	AUX
cblr-8638	596	38	not	not	PART
cblr-8638	596	39	be	be	AUX
cblr-8638	596	40	profitable	profitable	ADJ
cblr-8638	596	41	.	.	PUNCT
cblr-8638	597	1	prices	price	NOUN
cblr-8638	597	2	would	would	AUX
cblr-8638	597	3	already	already	ADV
cblr-8638	597	4	have	have	AUX
cblr-8638	597	5	adjusted	adjust	VERB
cblr-8638	597	6	to	to	PART
cblr-8638	597	7	reflect	reflect	VERB
cblr-8638	597	8	any	any	DET
cblr-8638	597	9	non	non	ADJ
cblr-8638	597	10	-	-	ADJ
cblr-8638	597	11	public	public	ADJ
cblr-8638	597	12	information	information	NOUN
cblr-8638	597	13	an	an	DET
cblr-8638	597	14	insider	insider	NOUN
cblr-8638	597	15	might	might	AUX
cblr-8638	597	16	have	have	VERB
cblr-8638	597	17	before	before	SCONJ
cblr-8638	597	18	the	the	DET
cblr-8638	597	19	insider	insider	NOUN
cblr-8638	597	20	could	could	AUX
cblr-8638	597	21	trade	trade	VERB
cblr-8638	597	22	on	on	ADP
cblr-8638	597	23	the	the	DET
cblr-8638	597	24	basis	basis	NOUN
cblr-8638	597	25	of	of	ADP
cblr-8638	597	26	that	that	DET
cblr-8638	597	27	information.160	information.160	ADP
cblr-8638	597	28	the	the	DET
cblr-8638	597	29	ecmh	ecmh	NOUN
cblr-8638	597	30	is	be	AUX
cblr-8638	597	31	also	also	ADV
cblr-8638	597	32	known	know	VERB
cblr-8638	597	33	as	as	ADP
cblr-8638	597	34	the	the	DET
cblr-8638	597	35	“	"	PUNCT
cblr-8638	597	36	random	random	ADJ
cblr-8638	597	37	walk	walk	NOUN
cblr-8638	597	38	”	"	PUNCT
cblr-8638	597	39	theory	theory	NOUN
cblr-8638	597	40	.	.	PUNCT
cblr-8638	598	1	it	it	PRON
cblr-8638	598	2	implies	imply	VERB
cblr-8638	598	3	that	that	SCONJ
cblr-8638	598	4	successive	successive	ADJ
cblr-8638	598	5	price	price	NOUN
cblr-8638	598	6	movements	movement	NOUN
cblr-8638	598	7	of	of	ADP
cblr-8638	598	8	a	a	DET
cblr-8638	598	9	security	security	NOUN
cblr-8638	598	10	are	be	AUX
cblr-8638	598	11	independent	independent	ADJ
cblr-8638	598	12	of	of	ADP
cblr-8638	598	13	each	each	DET
cblr-8638	598	14	other	other	ADJ
cblr-8638	598	15	,	,	PUNCT
cblr-8638	598	16	and	and	CCONJ
cblr-8638	598	17	therefore	therefore	ADV
cblr-8638	598	18	security	security	NOUN
cblr-8638	598	19	prices	price	NOUN
cblr-8638	598	20	follow	follow	VERB
cblr-8638	598	21	a	a	DET
cblr-8638	598	22	random	random	ADJ
cblr-8638	598	23	walk	walk	NOUN
cblr-8638	598	24	.	.	PUNCT
cblr-8638	599	1	i	i	PRON
cblr-8638	599	2	d.	d.	PROPN
cblr-8638	599	3	at	at	ADP
cblr-8638	599	4	56–57	56–57	NUM
cblr-8638	599	5	.	.	PUNCT
cblr-8638	600	1	156	156	NUM
cblr-8638	600	2	michael	michael	PROPN
cblr-8638	600	3	c.	c.	PROPN
cblr-8638	600	4	jensen	jensen	PROPN
cblr-8638	600	5	,	,	PUNCT
cblr-8638	600	6	some	some	DET
cblr-8638	600	7	anomalous	anomalous	ADJ
cblr-8638	600	8	evidence	evidence	NOUN
cblr-8638	600	9	regarding	regard	VERB
cblr-8638	600	10	market	market	NOUN
cblr-8638	600	11	efficiency	efficiency	NOUN
cblr-8638	600	12	,	,	PUNCT
cblr-8638	600	13	6	6	NUM
cblr-8638	600	14	j.	j.	PROPN
cblr-8638	600	15	fin	fin	PROPN
cblr-8638	600	16	.	.	PUNCT
cblr-8638	600	17	econ	econ	PROPN
cblr-8638	600	18	.	.	PUNCT
cblr-8638	600	19	95	95	NUM
cblr-8638	600	20	,	,	PUNCT
cblr-8638	600	21	97	97	NUM
cblr-8638	600	22	(	(	PUNCT
cblr-8638	600	23	1978	1978	NUM
cblr-8638	600	24	)	)	PUNCT
cblr-8638	600	25	.	.	PUNCT
cblr-8638	601	1	157	157	NUM
cblr-8638	601	2	lorie	lorie	PROPN
cblr-8638	601	3	et	et	PROPN
cblr-8638	601	4	al	al	PROPN
cblr-8638	601	5	.	.	PROPN
cblr-8638	601	6	,	,	PUNCT
cblr-8638	601	7	supra	supra	PROPN
cblr-8638	601	8	note	note	PROPN
cblr-8638	601	9	155	155	NUM
cblr-8638	601	10	,	,	PUNCT
cblr-8638	601	11	at	at	ADP
cblr-8638	601	12	56	56	NUM
cblr-8638	601	13	.	.	NOUN
cblr-8638	601	14	158	158	NUM
cblr-8638	602	1	i	i	PRON
cblr-8638	602	2	d.	d.	PROPN
cblr-8638	602	3	159	159	NUM
cblr-8638	602	4	michael	michael	PROPN
cblr-8638	602	5	jensen	jensen	PROPN
cblr-8638	602	6	observed	observe	VERB
cblr-8638	602	7	that	that	SCONJ
cblr-8638	602	8	“	"	PUNCT
cblr-8638	602	9	the	the	DET
cblr-8638	602	10	strong	strong	ADJ
cblr-8638	602	11	form	form	NOUN
cblr-8638	602	12	of	of	ADP
cblr-8638	602	13	the	the	DET
cblr-8638	602	14	efficient	efficient	ADJ
cblr-8638	602	15	market	market	NOUN
cblr-8638	602	16	hypothesis	hypothesis	NOUN
cblr-8638	602	17	,	,	PUNCT
cblr-8638	602	18	is	be	AUX
cblr-8638	602	19	an	an	DET
cblr-8638	602	20	extreme	extreme	ADJ
cblr-8638	602	21	form	form	NOUN
cblr-8638	602	22	which	which	PRON
cblr-8638	602	23	few	few	ADJ
cblr-8638	602	24	people	people	NOUN
cblr-8638	602	25	have	have	AUX
cblr-8638	602	26	ever	ever	ADV
cblr-8638	602	27	treated	treat	VERB
cblr-8638	602	28	as	as	ADP
cblr-8638	602	29	anything	anything	PRON
cblr-8638	602	30	other	other	ADJ
cblr-8638	602	31	than	than	ADP
cblr-8638	602	32	a	a	DET
cblr-8638	602	33	logical	logical	ADJ
cblr-8638	602	34	completion	completion	NOUN
cblr-8638	602	35	of	of	ADP
cblr-8638	602	36	the	the	DET
cblr-8638	602	37	set	set	NOUN
cblr-8638	602	38	of	of	ADP
cblr-8638	602	39	possible	possible	ADJ
cblr-8638	602	40	hypotheses	hypothesis	NOUN
cblr-8638	602	41	.	.	PUNCT
cblr-8638	602	42	”	"	PUNCT
cblr-8638	603	1	jensen	jensen	PROPN
cblr-8638	603	2	,	,	PUNCT
cblr-8638	603	3	supra	supra	PROPN
cblr-8638	603	4	note	note	PROPN
cblr-8638	603	5	156	156	NUM
cblr-8638	603	6	,	,	PUNCT
cblr-8638	603	7	at	at	ADP
cblr-8638	603	8	97	97	NUM
cblr-8638	603	9	.	.	NOUN
cblr-8638	603	10	160	160	NUM
cblr-8638	603	11	see	see	VERB
cblr-8638	603	12	fama	fama	NOUN
cblr-8638	603	13	,	,	PUNCT
cblr-8638	603	14	efficient	efficient	ADJ
cblr-8638	603	15	capital	capital	NOUN
cblr-8638	603	16	markets	market	NOUN
cblr-8638	603	17	,	,	PUNCT
cblr-8638	603	18	supra	supra	PROPN
cblr-8638	603	19	note	note	NOUN
cblr-8638	603	20	150	150	NUM
cblr-8638	603	21	,	,	PUNCT
cblr-8638	603	22	at	at	ADP
cblr-8638	603	23	309–10	309–10	NUM
cblr-8638	603	24	;	;	PUNCT
cblr-8638	603	25	joseph	joseph	PROPN
cblr-8638	603	26	e.	e.	PROPN
cblr-8638	603	27	finnerty	finnerty	PROPN
cblr-8638	603	28	,	,	PUNCT
cblr-8638	603	29	insiders	insider	NOUN
cblr-8638	603	30	and	and	CCONJ
cblr-8638	603	31	market	market	NOUN
cblr-8638	603	32	efficiency	efficiency	NOUN
cblr-8638	603	33	,	,	PUNCT
cblr-8638	603	34	31	31	NUM
cblr-8638	603	35	j.	j.	PROPN
cblr-8638	603	36	fin	fin	PROPN
cblr-8638	603	37	.	.	PROPN
cblr-8638	603	38	1141	1141	NUM
cblr-8638	603	39	,	,	PUNCT
cblr-8638	603	40	1148	1148	NUM
cblr-8638	603	41	(	(	PUNCT
cblr-8638	603	42	1976	1976	NUM
cblr-8638	603	43	)	)	PUNCT
cblr-8638	603	44	(	(	PUNCT
cblr-8638	603	45	“	"	PUNCT
cblr-8638	603	46	insiders	insider	NOUN
cblr-8638	603	47	are	be	AUX
cblr-8638	603	48	able	able	ADJ
cblr-8638	603	49	to	to	PART
cblr-8638	603	50	outperform	outperform	VERB
cblr-8638	603	51	the	the	DET
cblr-8638	603	52	market	market	NOUN
cblr-8638	603	53	.	.	PUNCT
cblr-8638	604	1	insiders	insider	NOUN
cblr-8638	604	2	can	can	AUX
cblr-8638	604	3	and	and	CCONJ
cblr-8638	604	4	do	do	AUX
cblr-8638	604	5	identify	identify	VERB
cblr-8638	604	6	profitable	profitable	ADJ
cblr-8638	604	7	as	as	ADV
cblr-8638	604	8	well	well	ADV
cblr-8638	604	9	as	as	ADP
cblr-8638	604	10	unprofitable	unprofitable	ADJ
cblr-8638	604	11	situations	situation	NOUN
cblr-8638	604	12	within	within	ADP
cblr-8638	604	13	their	their	PRON
cblr-8638	604	14	corporations	corporation	NOUN
cblr-8638	604	15	.	.	PUNCT
cblr-8638	605	1	this	this	DET
cblr-8638	605	2	finding	finding	NOUN
cblr-8638	605	3	tends	tend	VERB
cblr-8638	605	4	to	to	PART
cblr-8638	605	5	refute	refute	VERB
cblr-8638	605	6	the	the	DET
cblr-8638	605	7	strong	strong	ADJ
cblr-8638	605	8	-	-	PUNCT
cblr-8638	605	9	form	form	NOUN
cblr-8638	605	10	of	of	ADP
cblr-8638	605	11	the	the	DET
cblr-8638	605	12	efficient	efficient	ADJ
cblr-8638	605	13	market	market	NOUN
cblr-8638	605	14	macey	macey	NOUN
cblr-8638	605	15	8/22/2021	8/22/2021	NUM
cblr-8638	605	16	3:47	3:47	NUM
cblr-8638	605	17	pm	pm	NOUN
cblr-8638	605	18	no	no	INTJ
cblr-8638	605	19	.	.	PUNCT
cblr-8638	606	1	2:796	2:796	NUM
cblr-8638	606	2	]	]	X
cblr-8638	606	3	securities	security	NOUN
cblr-8638	606	4	regulation	regulation	NOUN
cblr-8638	606	5	and	and	CCONJ
cblr-8638	606	6	class	class	NOUN
cblr-8638	606	7	warfare	warfare	NOUN
cblr-8638	606	8	833	833	NUM
cblr-8638	606	9	the	the	DET
cblr-8638	606	10	evidence	evidence	NOUN
cblr-8638	606	11	that	that	SCONJ
cblr-8638	606	12	stock	stock	NOUN
cblr-8638	606	13	markets	market	NOUN
cblr-8638	606	14	are	be	AUX
cblr-8638	606	15	semi	semi	ADJ
cblr-8638	606	16	-	-	ADJ
cblr-8638	606	17	strong	strong	ADJ
cblr-8638	606	18	-	-	PUNCT
cblr-8638	606	19	form	form	NOUN
cblr-8638	606	20	efficient	efficient	ADJ
cblr-8638	606	21	is	be	AUX
cblr-8638	606	22	so	so	ADV
cblr-8638	606	23	well	well	ADV
cblr-8638	606	24	-	-	PUNCT
cblr-8638	606	25	established	establish	VERB
cblr-8638	606	26	that	that	SCONJ
cblr-8638	606	27	economists	economist	NOUN
cblr-8638	606	28	have	have	AUX
cblr-8638	606	29	observed	observe	VERB
cblr-8638	606	30	that	that	SCONJ
cblr-8638	606	31	“	"	PUNCT
cblr-8638	606	32	there	there	PRON
cblr-8638	606	33	is	be	VERB
cblr-8638	606	34	no	no	DET
cblr-8638	606	35	other	other	ADJ
cblr-8638	606	36	proposition	proposition	NOUN
cblr-8638	606	37	in	in	ADP
cblr-8638	606	38	economics	economic	NOUN
cblr-8638	606	39	which	which	PRON
cblr-8638	606	40	has	have	VERB
cblr-8638	606	41	more	more	ADV
cblr-8638	606	42	solid	solid	ADJ
cblr-8638	606	43	empirical	empirical	ADJ
cblr-8638	606	44	evidence	evidence	NOUN
cblr-8638	606	45	supporting	support	VERB
cblr-8638	606	46	it	it	PRON
cblr-8638	606	47	.	.	PUNCT
cblr-8638	607	1	”161	”161	VERB
cblr-8638	607	2	to	to	ADP
cblr-8638	607	3	the	the	DET
cblr-8638	607	4	extent	extent	NOUN
cblr-8638	607	5	that	that	SCONJ
cblr-8638	607	6	markets	market	NOUN
cblr-8638	607	7	are	be	AUX
cblr-8638	607	8	semi	semi	ADJ
cblr-8638	607	9	-	-	ADJ
cblr-8638	607	10	strong	strong	ADJ
cblr-8638	607	11	efficient	efficient	ADJ
cblr-8638	607	12	,	,	PUNCT
cblr-8638	607	13	neither	neither	CCONJ
cblr-8638	607	14	fundamental	fundamental	ADJ
cblr-8638	607	15	analysis	analysis	NOUN
cblr-8638	607	16	nor	nor	CCONJ
cblr-8638	607	17	technical	technical	ADJ
cblr-8638	607	18	analysis	analysis	NOUN
cblr-8638	607	19	of	of	ADP
cblr-8638	607	20	equity	equity	NOUN
cblr-8638	607	21	securities	security	NOUN
cblr-8638	607	22	can	can	AUX
cblr-8638	607	23	be	be	AUX
cblr-8638	607	24	profitable	profitable	ADJ
cblr-8638	607	25	,	,	PUNCT
cblr-8638	607	26	and	and	CCONJ
cblr-8638	607	27	insider	insider	NOUN
cblr-8638	607	28	trading	trading	NOUN
cblr-8638	607	29	is	be	AUX
cblr-8638	607	30	the	the	DET
cblr-8638	607	31	only	only	ADJ
cblr-8638	607	32	way	way	NOUN
cblr-8638	607	33	to	to	PART
cblr-8638	607	34	earn	earn	VERB
cblr-8638	607	35	“	"	PUNCT
cblr-8638	607	36	abnormal	abnormal	ADJ
cblr-8638	607	37	”	"	PUNCT
cblr-8638	607	38	returns	return	NOUN
cblr-8638	607	39	.	.	PUNCT
cblr-8638	608	1	in	in	ADP
cblr-8638	608	2	a	a	DET
cblr-8638	608	3	world	world	NOUN
cblr-8638	608	4	in	in	ADP
cblr-8638	608	5	which	which	PRON
cblr-8638	608	6	securities	security	NOUN
cblr-8638	608	7	prices	price	NOUN
cblr-8638	608	8	are	be	AUX
cblr-8638	608	9	semi	semi	ADJ
cblr-8638	608	10	-	-	ADJ
cblr-8638	608	11	strong	strong	ADJ
cblr-8638	608	12	efficient	efficient	ADJ
cblr-8638	608	13	,	,	PUNCT
cblr-8638	608	14	it	it	PRON
cblr-8638	608	15	would	would	AUX
cblr-8638	608	16	be	be	AUX
cblr-8638	608	17	irrational	irrational	ADJ
cblr-8638	608	18	to	to	PART
cblr-8638	608	19	try	try	VERB
cblr-8638	608	20	to	to	PART
cblr-8638	608	21	pick	pick	VERB
cblr-8638	608	22	stocks	stock	NOUN
cblr-8638	608	23	that	that	PRON
cblr-8638	608	24	will	will	AUX
cblr-8638	608	25	outperform	outperform	VERB
cblr-8638	608	26	the	the	DET
cblr-8638	608	27	market	market	NOUN
cblr-8638	608	28	(	(	PUNCT
cblr-8638	608	29	unless	unless	SCONJ
cblr-8638	608	30	one	one	NUM
cblr-8638	608	31	is	be	AUX
cblr-8638	608	32	in	in	ADP
cblr-8638	608	33	possession	possession	NOUN
cblr-8638	608	34	of	of	ADP
cblr-8638	608	35	material	material	NOUN
cblr-8638	608	36	nonpublic	nonpublic	ADJ
cblr-8638	608	37	information	information	NOUN
cblr-8638	608	38	)	)	PUNCT
cblr-8638	608	39	.	.	PUNCT
cblr-8638	609	1	share	share	NOUN
cblr-8638	609	2	prices	price	NOUN
cblr-8638	609	3	will	will	AUX
cblr-8638	609	4	already	already	ADV
cblr-8638	609	5	reflect	reflect	VERB
cblr-8638	609	6	whatever	whatever	DET
cblr-8638	609	7	information	information	NOUN
cblr-8638	609	8	is	be	AUX
cblr-8638	609	9	providing	provide	VERB
cblr-8638	609	10	the	the	DET
cblr-8638	609	11	basis	basis	NOUN
cblr-8638	609	12	for	for	ADP
cblr-8638	609	13	one	one	NUM
cblr-8638	609	14	’s	’s	PART
cblr-8638	609	15	trading	trading	NOUN
cblr-8638	609	16	strategy	strategy	NOUN
cblr-8638	609	17	.	.	PUNCT
cblr-8638	610	1	therefore	therefore	ADV
cblr-8638	610	2	,	,	PUNCT
cblr-8638	610	3	the	the	DET
cblr-8638	610	4	costs	cost	NOUN
cblr-8638	610	5	of	of	ADP
cblr-8638	610	6	ferreting	ferret	VERB
cblr-8638	610	7	out	out	ADP
cblr-8638	610	8	such	such	ADJ
cblr-8638	610	9	information	information	NOUN
cblr-8638	610	10	and	and	CCONJ
cblr-8638	610	11	translating	translate	VERB
cblr-8638	610	12	it	it	PRON
cblr-8638	610	13	into	into	ADP
cblr-8638	610	14	a	a	DET
cblr-8638	610	15	trading	trading	NOUN
cblr-8638	610	16	strategy	strategy	NOUN
cblr-8638	610	17	will	will	AUX
cblr-8638	610	18	be	be	AUX
cblr-8638	610	19	wasted	waste	VERB
cblr-8638	610	20	.	.	PUNCT
cblr-8638	611	1	moreover	moreover	ADV
cblr-8638	611	2	,	,	PUNCT
cblr-8638	611	3	basic	basic	ADJ
cblr-8638	611	4	portfolio	portfolio	NOUN
cblr-8638	611	5	theory	theory	NOUN
cblr-8638	611	6	teaches	teach	VERB
cblr-8638	611	7	that	that	SCONJ
cblr-8638	611	8	“	"	PUNCT
cblr-8638	611	9	idiosyncratic	idiosyncratic	ADJ
cblr-8638	611	10	,	,	PUNCT
cblr-8638	611	11	”	"	PUNCT
cblr-8638	611	12	or	or	CCONJ
cblr-8638	611	13	firm	firm	ADJ
cblr-8638	611	14	-	-	PUNCT
cblr-8638	611	15	specific	specific	ADJ
cblr-8638	611	16	,	,	PUNCT
cblr-8638	611	17	risks	risk	NOUN
cblr-8638	611	18	—	—	PUNCT
cblr-8638	611	19	which	which	PRON
cblr-8638	611	20	are	be	AUX
cblr-8638	611	21	the	the	DET
cblr-8638	611	22	risks	risk	NOUN
cblr-8638	611	23	associated	associate	VERB
cblr-8638	611	24	with	with	ADP
cblr-8638	611	25	a	a	DET
cblr-8638	611	26	particular	particular	ADJ
cblr-8638	611	27	investment	investment	NOUN
cblr-8638	611	28	(	(	PUNCT
cblr-8638	611	29	such	such	ADJ
cblr-8638	611	30	as	as	ADP
cblr-8638	611	31	the	the	DET
cblr-8638	611	32	risk	risk	NOUN
cblr-8638	611	33	that	that	SCONJ
cblr-8638	611	34	a	a	DET
cblr-8638	611	35	company	company	NOUN
cblr-8638	611	36	’s	’s	PART
cblr-8638	611	37	patent	patent	NOUN
cblr-8638	611	38	will	will	AUX
cblr-8638	611	39	be	be	AUX
cblr-8638	611	40	deemed	deem	VERB
cblr-8638	611	41	invalid	invalid	ADJ
cblr-8638	611	42	,	,	PUNCT
cblr-8638	611	43	or	or	CCONJ
cblr-8638	611	44	that	that	SCONJ
cblr-8638	611	45	its	its	PRON
cblr-8638	611	46	ceo	ceo	NOUN
cblr-8638	611	47	will	will	AUX
cblr-8638	611	48	leave	leave	VERB
cblr-8638	611	49	the	the	DET
cblr-8638	611	50	company	company	NOUN
cblr-8638	611	51	unexpectedly)—can	unexpectedly)—can	AUX
cblr-8638	611	52	be	be	AUX
cblr-8638	611	53	virtually	virtually	ADV
cblr-8638	611	54	eliminated	eliminate	VERB
cblr-8638	611	55	by	by	ADP
cblr-8638	611	56	holding	hold	VERB
cblr-8638	611	57	individual	individual	ADJ
cblr-8638	611	58	investments	investment	NOUN
cblr-8638	611	59	as	as	ADP
cblr-8638	611	60	part	part	NOUN
cblr-8638	611	61	of	of	ADP
cblr-8638	611	62	a	a	DET
cblr-8638	611	63	diversified	diversify	VERB
cblr-8638	611	64	portfolio.162	portfolio.162	NOUN
cblr-8638	611	65	the	the	DET
cblr-8638	611	66	implications	implication	NOUN
cblr-8638	611	67	of	of	ADP
cblr-8638	611	68	these	these	DET
cblr-8638	611	69	basic	basic	ADJ
cblr-8638	611	70	facts	fact	NOUN
cblr-8638	611	71	of	of	ADP
cblr-8638	611	72	corporate	corporate	ADJ
cblr-8638	611	73	finance	finance	NOUN
cblr-8638	611	74	for	for	ADP
cblr-8638	611	75	securities	security	NOUN
cblr-8638	611	76	regulation	regulation	NOUN
cblr-8638	611	77	are	be	AUX
cblr-8638	611	78	profound	profound	ADJ
cblr-8638	611	79	.	.	PUNCT
cblr-8638	612	1	first	first	ADV
cblr-8638	612	2	,	,	PUNCT
cblr-8638	612	3	the	the	DET
cblr-8638	612	4	recognition	recognition	NOUN
cblr-8638	612	5	that	that	SCONJ
cblr-8638	612	6	securities	security	NOUN
cblr-8638	612	7	markets	market	NOUN
cblr-8638	612	8	are	be	AUX
cblr-8638	612	9	efficient	efficient	ADJ
cblr-8638	612	10	reveals	reveal	NOUN
cblr-8638	612	11	that	that	SCONJ
cblr-8638	612	12	securities	security	NOUN
cblr-8638	612	13	laws	law	NOUN
cblr-8638	612	14	are	be	AUX
cblr-8638	612	15	constructed	construct	VERB
cblr-8638	612	16	around	around	ADP
cblr-8638	612	17	a	a	DET
cblr-8638	612	18	flawed	flawed	ADJ
cblr-8638	612	19	premise	premise	NOUN
cblr-8638	612	20	.	.	PUNCT
cblr-8638	613	1	the	the	DET
cblr-8638	613	2	securities	security	NOUN
cblr-8638	613	3	laws	law	NOUN
cblr-8638	613	4	are	be	AUX
cblr-8638	613	5	based	base	VERB
cblr-8638	613	6	on	on	ADP
cblr-8638	613	7	the	the	DET
cblr-8638	613	8	premise	premise	NOUN
cblr-8638	613	9	that	that	SCONJ
cblr-8638	613	10	by	by	ADP
cblr-8638	613	11	making	make	VERB
cblr-8638	613	12	disclosure	disclosure	NOUN
cblr-8638	613	13	of	of	ADP
cblr-8638	613	14	firm	firm	ADJ
cblr-8638	613	15	-	-	PUNCT
cblr-8638	613	16	specific	specific	ADJ
cblr-8638	613	17	information	information	NOUN
cblr-8638	613	18	mandatory	mandatory	ADJ
cblr-8638	613	19	,	,	PUNCT
cblr-8638	613	20	individual	individual	ADJ
cblr-8638	613	21	investors	investor	NOUN
cblr-8638	613	22	will	will	AUX
cblr-8638	613	23	be	be	AUX
cblr-8638	613	24	able	able	ADJ
cblr-8638	613	25	to	to	PART
cblr-8638	613	26	read	read	VERB
cblr-8638	613	27	and	and	CCONJ
cblr-8638	613	28	digest	digest	VERB
cblr-8638	613	29	such	such	ADJ
cblr-8638	613	30	hypothesis	hypothesis	NOUN
cblr-8638	613	31	.	.	PUNCT
cblr-8638	613	32	”	"	PUNCT
cblr-8638	613	33	)	)	PUNCT
cblr-8638	613	34	;	;	PUNCT
cblr-8638	613	35	markus	markus	PROPN
cblr-8638	613	36	k.	k.	PROPN
cblr-8638	613	37	brunnermier	brunnermier	PROPN
cblr-8638	613	38	,	,	PUNCT
cblr-8638	613	39	princeton	princeton	PROPN
cblr-8638	613	40	univ	univ	PROPN
cblr-8638	613	41	.	.	PROPN
cblr-8638	613	42	,	,	PUNCT
cblr-8638	613	43	lecture	lecture	VERB
cblr-8638	613	44	10	10	NUM
cblr-8638	613	45	:	:	PUNCT
cblr-8638	613	46	market	market	NOUN
cblr-8638	613	47	efficiency	efficiency	NOUN
cblr-8638	613	48	25	25	NUM
cblr-8638	613	49	(	(	PUNCT
cblr-8638	613	50	2015	2015	NUM
cblr-8638	613	51	)	)	PUNCT
cblr-8638	613	52	,	,	PUNCT
cblr-8638	613	53	https://scholar.princeton.edu/sites/default/files/13lecture.pdf	https://scholar.princeton.edu/sites/default/files/13lecture.pdf	NOUN
cblr-8638	614	1	[	[	X
cblr-8638	614	2	https://perma.cc/g2nb-rds6	https://perma.cc/g2nb-rds6	X
cblr-8638	614	3	]	]	X
cblr-8638	614	4	(	(	PUNCT
cblr-8638	614	5	“	"	PUNCT
cblr-8638	614	6	[	[	X
cblr-8638	614	7	m]arkets	m]arket	NOUN
cblr-8638	614	8	can	can	AUX
cblr-8638	614	9	not	not	PART
cblr-8638	614	10	be	be	AUX
cblr-8638	614	11	strong	strong	ADJ
cblr-8638	614	12	-	-	PUNCT
cblr-8638	614	13	form	form	NOUN
cblr-8638	614	14	informationally	informationally	ADV
cblr-8638	614	15	efficient	efficient	ADJ
cblr-8638	614	16	,	,	PUNCT
cblr-8638	614	17	since	since	SCONJ
cblr-8638	614	18	agents	agent	NOUN
cblr-8638	614	19	who	who	PRON
cblr-8638	614	20	collect	collect	VERB
cblr-8638	614	21	costly	costly	ADJ
cblr-8638	614	22	information	information	NOUN
cblr-8638	614	23	have	have	VERB
cblr-8638	614	24	to	to	PART
cblr-8638	614	25	be	be	AUX
cblr-8638	614	26	compensated	compensate	VERB
cblr-8638	614	27	with	with	ADP
cblr-8638	614	28	trading	trading	NOUN
cblr-8638	614	29	profits	profit	NOUN
cblr-8638	614	30	.	.	PUNCT
cblr-8638	614	31	”	"	PUNCT
cblr-8638	614	32	)	)	PUNCT
cblr-8638	614	33	.	.	PUNCT
cblr-8638	615	1	161	161	NUM
cblr-8638	615	2	jensen	jensen	PROPN
cblr-8638	615	3	,	,	PUNCT
cblr-8638	615	4	supra	supra	PROPN
cblr-8638	615	5	note	note	PROPN
cblr-8638	615	6	156	156	NUM
cblr-8638	615	7	,	,	PUNCT
cblr-8638	615	8	at	at	ADP
cblr-8638	615	9	95	95	NUM
cblr-8638	615	10	(	(	PUNCT
cblr-8638	615	11	noting	note	VERB
cblr-8638	615	12	however	however	ADV
cblr-8638	615	13	,	,	PUNCT
cblr-8638	615	14	that	that	SCONJ
cblr-8638	615	15	some	some	DET
cblr-8638	615	16	contrary	contrary	ADJ
cblr-8638	615	17	evidence	evidence	NOUN
cblr-8638	615	18	exists	exist	VERB
cblr-8638	615	19	)	)	PUNCT
cblr-8638	615	20	.	.	PUNCT
cblr-8638	616	1	162	162	NUM
cblr-8638	616	2	modern	modern	ADJ
cblr-8638	616	3	portfolio	portfolio	NOUN
cblr-8638	616	4	theory	theory	NOUN
cblr-8638	616	5	(	(	PUNCT
cblr-8638	616	6	mpt	mpt	PROPN
cblr-8638	616	7	)	)	PUNCT
cblr-8638	616	8	,	,	PUNCT
cblr-8638	616	9	corp	corp	PROPN
cblr-8638	616	10	.	.	PROPN
cblr-8638	616	11	fin	fin	PROPN
cblr-8638	616	12	.	.	PUNCT
cblr-8638	616	13	inst	inst	PROPN
cblr-8638	616	14	.	.	PROPN
cblr-8638	616	15	,	,	PUNCT
cblr-8638	616	16	https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/modern-portfolio-theory-mpt/	https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/modern-portfolio-theory-mpt/	PROPN
cblr-8638	616	17	[	[	X
cblr-8638	616	18	https://perma.cc/bk3e-3jnz	https://perma.cc/bk3e-3jnz	X
cblr-8638	616	19	]	]	X
cblr-8638	616	20	(	(	PUNCT
cblr-8638	616	21	last	last	ADJ
cblr-8638	616	22	visited	visit	VERB
cblr-8638	616	23	apr	apr	NOUN
cblr-8638	616	24	.	.	PROPN
cblr-8638	616	25	2	2	NUM
cblr-8638	616	26	,	,	PUNCT
cblr-8638	616	27	2021	2021	NUM
cblr-8638	616	28	)	)	PUNCT
cblr-8638	616	29	(	(	PUNCT
cblr-8638	616	30	“	"	PUNCT
cblr-8638	616	31	the	the	DET
cblr-8638	616	32	idiosyncratic	idiosyncratic	ADJ
cblr-8638	616	33	risk	risk	NOUN
cblr-8638	616	34	associated	associate	VERB
cblr-8638	616	35	with	with	ADP
cblr-8638	616	36	the	the	DET
cblr-8638	616	37	portfolio	portfolio	NOUN
cblr-8638	616	38	is	be	AUX
cblr-8638	616	39	lower	low	ADJ
cblr-8638	616	40	or	or	CCONJ
cblr-8638	616	41	negligible	negligible	ADJ
cblr-8638	616	42	if	if	SCONJ
cblr-8638	616	43	it	it	PRON
cblr-8638	616	44	’s	’	VERB
cblr-8638	616	45	diversified	diversified	ADJ
cblr-8638	616	46	.	.	PUNCT
cblr-8638	617	1	it	it	PRON
cblr-8638	617	2	is	be	AUX
cblr-8638	617	3	because	because	SCONJ
cblr-8638	617	4	any	any	DET
cblr-8638	617	5	loss	loss	NOUN
cblr-8638	617	6	in	in	ADP
cblr-8638	617	7	one	one	NUM
cblr-8638	617	8	asset	asset	NOUN
cblr-8638	617	9	is	be	AUX
cblr-8638	617	10	likely	likely	ADJ
cblr-8638	617	11	to	to	PART
cblr-8638	617	12	be	be	AUX
cblr-8638	617	13	offset	offset	VERB
cblr-8638	617	14	by	by	ADP
cblr-8638	617	15	a	a	DET
cblr-8638	617	16	gain	gain	NOUN
cblr-8638	617	17	in	in	ADP
cblr-8638	617	18	another	another	DET
cblr-8638	617	19	asset	asset	NOUN
cblr-8638	617	20	(	(	PUNCT
cblr-8638	617	21	which	which	PRON
cblr-8638	617	22	is	be	AUX
cblr-8638	617	23	negatively	negatively	ADV
cblr-8638	617	24	correlated	correlate	VERB
cblr-8638	617	25	)	)	PUNCT
cblr-8638	617	26	.	.	PUNCT
cblr-8638	617	27	”	"	PUNCT
cblr-8638	617	28	)	)	PUNCT
cblr-8638	617	29	.	.	PUNCT
cblr-8638	618	1	macey	macey	PROPN
cblr-8638	618	2	8/22/2021	8/22/2021	NUM
cblr-8638	618	3	3:47	3:47	NUM
cblr-8638	618	4	pm	pm	PROPN
cblr-8638	618	5	834	834	NUM
cblr-8638	618	6	columbia	columbia	PROPN
cblr-8638	618	7	business	business	NOUN
cblr-8638	618	8	law	law	PROPN
cblr-8638	618	9	review	review	NOUN
cblr-8638	619	1	[	[	X
cblr-8638	619	2	vol	vol	NOUN
cblr-8638	619	3	.	.	PUNCT
cblr-8638	619	4	2021	2021	NUM
cblr-8638	619	5	required	require	VERB
cblr-8638	619	6	disclosure	disclosure	NOUN
cblr-8638	619	7	and	and	CCONJ
cblr-8638	619	8	then	then	ADV
cblr-8638	619	9	pick	pick	VERB
cblr-8638	619	10	individual	individual	ADJ
cblr-8638	619	11	stocks	stock	NOUN
cblr-8638	619	12	based	base	VERB
cblr-8638	619	13	on	on	ADP
cblr-8638	619	14	their	their	PRON
cblr-8638	619	15	analyses.163	analyses.163	NOUN
cblr-8638	619	16	in	in	ADP
cblr-8638	619	17	fact	fact	NOUN
cblr-8638	619	18	,	,	PUNCT
cblr-8638	619	19	this	this	PRON
cblr-8638	619	20	is	be	AUX
cblr-8638	619	21	precisely	precisely	ADV
cblr-8638	619	22	the	the	DET
cblr-8638	619	23	opposite	opposite	NOUN
cblr-8638	619	24	of	of	ADP
cblr-8638	619	25	what	what	PRON
cblr-8638	619	26	investors	investor	NOUN
cblr-8638	619	27	should	should	AUX
cblr-8638	619	28	be	be	AUX
cblr-8638	619	29	doing	do	VERB
cblr-8638	619	30	.	.	PUNCT
cblr-8638	620	1	investors	investor	NOUN
cblr-8638	620	2	should	should	AUX
cblr-8638	620	3	not	not	PART
cblr-8638	620	4	be	be	AUX
cblr-8638	620	5	trying	try	VERB
cblr-8638	620	6	to	to	PART
cblr-8638	620	7	educate	educate	VERB
cblr-8638	620	8	themselves	themselves	PRON
cblr-8638	620	9	about	about	ADP
cblr-8638	620	10	firm	firm	ADJ
cblr-8638	620	11	-	-	PUNCT
cblr-8638	620	12	specific	specific	ADJ
cblr-8638	620	13	investment	investment	NOUN
cblr-8638	620	14	risks	risk	NOUN
cblr-8638	620	15	.	.	PUNCT
cblr-8638	621	1	instead	instead	ADV
cblr-8638	621	2	,	,	PUNCT
cblr-8638	621	3	investors	investor	NOUN
cblr-8638	621	4	should	should	AUX
cblr-8638	621	5	be	be	AUX
cblr-8638	621	6	trying	try	VERB
cblr-8638	621	7	to	to	PART
cblr-8638	621	8	eliminate	eliminate	VERB
cblr-8638	621	9	the	the	DET
cblr-8638	621	10	firm	firm	ADJ
cblr-8638	621	11	-	-	PUNCT
cblr-8638	621	12	specific	specific	ADJ
cblr-8638	621	13	risks	risk	NOUN
cblr-8638	621	14	associated	associate	VERB
cblr-8638	621	15	with	with	ADP
cblr-8638	621	16	stock	stock	NOUN
cblr-8638	621	17	-	-	PUNCT
cblr-8638	621	18	picking	picking	NOUN
cblr-8638	621	19	by	by	ADP
cblr-8638	621	20	investing	invest	VERB
cblr-8638	621	21	in	in	ADP
cblr-8638	621	22	diversified	diversified	ADJ
cblr-8638	621	23	mutual	mutual	ADJ
cblr-8638	621	24	funds	fund	NOUN
cblr-8638	621	25	whose	whose	DET
cblr-8638	621	26	returns	return	NOUN
cblr-8638	621	27	are	be	AUX
cblr-8638	621	28	based	base	VERB
cblr-8638	621	29	on	on	ADP
cblr-8638	621	30	broad	broad	ADJ
cblr-8638	621	31	market	market	NOUN
cblr-8638	621	32	indices	index	NOUN
cblr-8638	621	33	.	.	PUNCT
cblr-8638	622	1	thus	thus	ADV
cblr-8638	622	2	,	,	PUNCT
cblr-8638	622	3	if	if	SCONJ
cblr-8638	622	4	the	the	DET
cblr-8638	622	5	sec	sec	PROPN
cblr-8638	622	6	were	be	AUX
cblr-8638	622	7	regulating	regulate	VERB
cblr-8638	622	8	in	in	ADP
cblr-8638	622	9	the	the	DET
cblr-8638	622	10	public	public	ADJ
cblr-8638	622	11	interest	interest	NOUN
cblr-8638	622	12	,	,	PUNCT
cblr-8638	622	13	it	it	PRON
cblr-8638	622	14	would	would	AUX
cblr-8638	622	15	focus	focus	VERB
cblr-8638	622	16	on	on	ADP
cblr-8638	622	17	promulgating	promulgate	VERB
cblr-8638	622	18	regulations	regulation	NOUN
cblr-8638	622	19	that	that	PRON
cblr-8638	622	20	make	make	VERB
cblr-8638	622	21	the	the	DET
cblr-8638	622	22	capital	capital	NOUN
cblr-8638	622	23	markets	market	NOUN
cblr-8638	622	24	more	more	ADV
cblr-8638	622	25	efficient	efficient	ADJ
cblr-8638	622	26	.	.	PUNCT
cblr-8638	623	1	efficient	efficient	ADJ
cblr-8638	623	2	capital	capital	NOUN
cblr-8638	623	3	markets	market	NOUN
cblr-8638	623	4	would	would	AUX
cblr-8638	623	5	be	be	AUX
cblr-8638	623	6	fair	fair	ADJ
cblr-8638	623	7	because	because	SCONJ
cblr-8638	623	8	individual	individual	ADJ
cblr-8638	623	9	investors	investor	NOUN
cblr-8638	623	10	who	who	PRON
cblr-8638	623	11	buy	buy	VERB
cblr-8638	623	12	securities	security	NOUN
cblr-8638	623	13	priced	price	VERB
cblr-8638	623	14	efficiently	efficiently	ADV
cblr-8638	623	15	receive	receive	VERB
cblr-8638	623	16	financial	financial	ADJ
cblr-8638	623	17	assets	asset	NOUN
cblr-8638	623	18	whose	whose	DET
cblr-8638	623	19	value	value	NOUN
cblr-8638	623	20	reflects	reflect	VERB
cblr-8638	623	21	all	all	DET
cblr-8638	623	22	available	available	ADJ
cblr-8638	623	23	information	information	NOUN
cblr-8638	623	24	about	about	ADP
cblr-8638	623	25	the	the	DET
cblr-8638	623	26	risks	risk	NOUN
cblr-8638	623	27	and	and	CCONJ
cblr-8638	623	28	returns	return	NOUN
cblr-8638	623	29	associated	associate	VERB
cblr-8638	623	30	with	with	ADP
cblr-8638	623	31	those	those	DET
cblr-8638	623	32	assets	asset	NOUN
cblr-8638	623	33	.	.	PUNCT
cblr-8638	624	1	put	put	VERB
cblr-8638	624	2	simply	simply	ADV
cblr-8638	624	3	,	,	PUNCT
cblr-8638	624	4	efficient	efficient	ADJ
cblr-8638	624	5	capital	capital	NOUN
cblr-8638	624	6	markets	market	NOUN
cblr-8638	624	7	would	would	AUX
cblr-8638	624	8	allow	allow	VERB
cblr-8638	624	9	investors	investor	NOUN
cblr-8638	624	10	to	to	PART
cblr-8638	624	11	rely	rely	VERB
cblr-8638	624	12	on	on	ADP
cblr-8638	624	13	securities	security	NOUN
cblr-8638	624	14	prices	price	NOUN
cblr-8638	624	15	.	.	PUNCT
cblr-8638	625	1	it	it	PRON
cblr-8638	625	2	is	be	AUX
cblr-8638	625	3	understandable	understandable	ADJ
cblr-8638	625	4	why	why	SCONJ
cblr-8638	625	5	the	the	DET
cblr-8638	625	6	sec	sec	PROPN
cblr-8638	625	7	does	do	AUX
cblr-8638	625	8	not	not	PART
cblr-8638	625	9	regulate	regulate	VERB
cblr-8638	625	10	in	in	ADP
cblr-8638	625	11	this	this	DET
cblr-8638	625	12	way	way	NOUN
cblr-8638	625	13	.	.	PUNCT
cblr-8638	626	1	from	from	ADP
cblr-8638	626	2	a	a	DET
cblr-8638	626	3	political	political	ADJ
cblr-8638	626	4	science	science	NOUN
cblr-8638	626	5	point	point	NOUN
cblr-8638	626	6	of	of	ADP
cblr-8638	626	7	view	view	NOUN
cblr-8638	626	8	,	,	PUNCT
cblr-8638	626	9	efficient	efficient	ADJ
cblr-8638	626	10	markets	market	NOUN
cblr-8638	626	11	pose	pose	VERB
cblr-8638	626	12	an	an	DET
cblr-8638	626	13	existential	existential	ADJ
cblr-8638	626	14	threat	threat	NOUN
cblr-8638	626	15	to	to	ADP
cblr-8638	626	16	regulators	regulator	NOUN
cblr-8638	626	17	.	.	PUNCT
cblr-8638	627	1	in	in	ADP
cblr-8638	627	2	semi	semi	ADJ
cblr-8638	627	3	-	-	ADJ
cblr-8638	627	4	strong	strong	ADJ
cblr-8638	627	5	efficient	efficient	ADJ
cblr-8638	627	6	markets	market	NOUN
cblr-8638	627	7	,	,	PUNCT
cblr-8638	627	8	the	the	DET
cblr-8638	627	9	vast	vast	ADJ
cblr-8638	627	10	majority	majority	NOUN
cblr-8638	627	11	of	of	ADP
cblr-8638	627	12	securities	security	NOUN
cblr-8638	627	13	regulation	regulation	NOUN
cblr-8638	627	14	becomes	become	VERB
cblr-8638	627	15	obsolete	obsolete	ADJ
cblr-8638	627	16	.	.	PUNCT
cblr-8638	628	1	given	give	VERB
cblr-8638	628	2	this	this	DET
cblr-8638	628	3	existential	existential	ADJ
cblr-8638	628	4	threat	threat	NOUN
cblr-8638	628	5	,	,	PUNCT
cblr-8638	628	6	the	the	DET
cblr-8638	628	7	sec	sec	PROPN
cblr-8638	628	8	is	be	AUX
cblr-8638	628	9	clearly	clearly	ADV
cblr-8638	628	10	regulating	regulate	VERB
cblr-8638	628	11	in	in	ADP
cblr-8638	628	12	ways	way	NOUN
cblr-8638	628	13	that	that	PRON
cblr-8638	628	14	are	be	AUX
cblr-8638	628	15	consistent	consistent	ADJ
cblr-8638	628	16	with	with	ADP
cblr-8638	628	17	its	its	PRON
cblr-8638	628	18	own	own	ADJ
cblr-8638	628	19	private	private	ADJ
cblr-8638	628	20	bureaucratic	bureaucratic	ADJ
cblr-8638	628	21	interests	interest	NOUN
cblr-8638	628	22	,	,	PUNCT
cblr-8638	628	23	rather	rather	ADV
cblr-8638	628	24	than	than	ADP
cblr-8638	628	25	in	in	ADP
cblr-8638	628	26	the	the	DET
cblr-8638	628	27	interests	interest	NOUN
cblr-8638	628	28	of	of	ADP
cblr-8638	628	29	investors	investor	NOUN
cblr-8638	628	30	.	.	PUNCT
cblr-8638	629	1	it	it	PRON
cblr-8638	629	2	has	have	AUX
cblr-8638	629	3	clung	cling	VERB
cblr-8638	629	4	to	to	ADP
cblr-8638	629	5	antiquated	antiquated	ADJ
cblr-8638	629	6	views	view	NOUN
cblr-8638	629	7	about	about	ADP
cblr-8638	629	8	investing	investing	NOUN
cblr-8638	629	9	,	,	PUNCT
cblr-8638	629	10	promoting	promote	VERB
cblr-8638	629	11	regulations	regulation	NOUN
cblr-8638	629	12	that	that	PRON
cblr-8638	629	13	have	have	AUX
cblr-8638	629	14	undermined	undermine	VERB
cblr-8638	629	15	rather	rather	ADV
cblr-8638	629	16	than	than	ADP
cblr-8638	629	17	facilitated	facilitate	VERB
cblr-8638	629	18	efforts	effort	NOUN
cblr-8638	629	19	to	to	PART
cblr-8638	629	20	make	make	VERB
cblr-8638	629	21	capital	capital	NOUN
cblr-8638	629	22	markets	market	NOUN
cblr-8638	629	23	more	more	ADV
cblr-8638	629	24	efficient	efficient	ADJ
cblr-8638	629	25	.	.	PUNCT
cblr-8638	630	1	to	to	PART
cblr-8638	630	2	fully	fully	ADV
cblr-8638	630	3	grasp	grasp	VERB
cblr-8638	630	4	the	the	DET
cblr-8638	630	5	sec	sec	PROPN
cblr-8638	630	6	’s	’s	PART
cblr-8638	630	7	role	role	NOUN
cblr-8638	630	8	in	in	ADP
cblr-8638	630	9	undermining	undermine	VERB
cblr-8638	630	10	the	the	DET
cblr-8638	630	11	efficiency	efficiency	NOUN
cblr-8638	630	12	of	of	ADP
cblr-8638	630	13	capital	capital	NOUN
cblr-8638	630	14	markets	market	NOUN
cblr-8638	630	15	,	,	PUNCT
cblr-8638	630	16	one	one	PRON
cblr-8638	630	17	must	must	AUX
cblr-8638	630	18	first	first	ADV
cblr-8638	630	19	understand	understand	VERB
cblr-8638	630	20	how	how	SCONJ
cblr-8638	630	21	securities	security	NOUN
cblr-8638	630	22	markets	market	NOUN
cblr-8638	630	23	become	become	VERB
cblr-8638	630	24	efficient	efficient	ADJ
cblr-8638	630	25	in	in	ADP
cblr-8638	630	26	the	the	DET
cblr-8638	630	27	first	first	ADJ
cblr-8638	630	28	place	place	NOUN
cblr-8638	630	29	.	.	PUNCT
cblr-8638	631	1	securities	security	NOUN
cblr-8638	631	2	markets	market	NOUN
cblr-8638	631	3	become	become	VERB
cblr-8638	631	4	efficient	efficient	ADJ
cblr-8638	631	5	through	through	ADP
cblr-8638	631	6	arbitrage	arbitrage	NOUN
cblr-8638	631	7	.	.	PUNCT
cblr-8638	632	1	market	market	NOUN
cblr-8638	632	2	professionals	professional	NOUN
cblr-8638	632	3	,	,	PUNCT
cblr-8638	632	4	like	like	ADP
cblr-8638	632	5	securities	security	NOUN
cblr-8638	632	6	analysts	analyst	NOUN
cblr-8638	632	7	at	at	ADP
cblr-8638	632	8	banks	bank	NOUN
cblr-8638	632	9	and	and	CCONJ
cblr-8638	632	10	hedge	hedge	NOUN
cblr-8638	632	11	funds	fund	NOUN
cblr-8638	632	12	,	,	PUNCT
cblr-8638	632	13	compete	compete	VERB
cblr-8638	632	14	to	to	PART
cblr-8638	632	15	find	find	VERB
cblr-8638	632	16	mispriced	mispriced	ADJ
cblr-8638	632	17	securities	security	NOUN
cblr-8638	632	18	.	.	PUNCT
cblr-8638	633	1	these	these	DET
cblr-8638	633	2	market	market	NOUN
cblr-8638	633	3	professionals	professional	NOUN
cblr-8638	633	4	“	"	PUNCT
cblr-8638	633	5	devote	devote	VERB
cblr-8638	633	6	their	their	PRON
cblr-8638	633	7	careers	career	NOUN
cblr-8638	633	8	to	to	ADP
cblr-8638	633	9	acquiring	acquire	VERB
cblr-8638	633	10	information	information	NOUN
cblr-8638	633	11	and	and	CCONJ
cblr-8638	633	12	honing	hone	VERB
cblr-8638	633	13	evaluative	evaluative	ADJ
cblr-8638	633	14	skills	skill	NOUN
cblr-8638	633	15	.	.	PUNCT
cblr-8638	633	16	”164	”164	NOUN
cblr-8638	633	17	the	the	DET
cblr-8638	633	18	buying	buying	NOUN
cblr-8638	633	19	and	and	CCONJ
cblr-8638	633	20	selling	selling	NOUN
cblr-8638	633	21	by	by	ADP
cblr-8638	633	22	these	these	DET
cblr-8638	633	23	informed	informed	ADJ
cblr-8638	633	24	163	163	NUM
cblr-8638	633	25	see	see	NOUN
cblr-8638	633	26	victor	victor	PROPN
cblr-8638	633	27	brudney	brudney	PROPN
cblr-8638	633	28	,	,	PUNCT
cblr-8638	633	29	insiders	insider	NOUN
cblr-8638	633	30	,	,	PUNCT
cblr-8638	633	31	outsiders	outsider	NOUN
cblr-8638	633	32	,	,	PUNCT
cblr-8638	633	33	and	and	CCONJ
cblr-8638	633	34	informational	informational	ADJ
cblr-8638	633	35	advantages	advantage	NOUN
cblr-8638	633	36	under	under	ADP
cblr-8638	633	37	the	the	DET
cblr-8638	633	38	federal	federal	ADJ
cblr-8638	633	39	securities	security	NOUN
cblr-8638	633	40	laws	law	NOUN
cblr-8638	633	41	,	,	PUNCT
cblr-8638	633	42	93	93	NUM
cblr-8638	633	43	harv	harv	NOUN
cblr-8638	633	44	.	.	PUNCT
cblr-8638	634	1	l.	l.	PROPN
cblr-8638	634	2	rev	rev	PROPN
cblr-8638	634	3	.	.	PROPN
cblr-8638	634	4	322	322	NUM
cblr-8638	634	5	,	,	PUNCT
cblr-8638	634	6	326–29	326–29	NUM
cblr-8638	634	7	(	(	PUNCT
cblr-8638	634	8	1979	1979	NUM
cblr-8638	634	9	)	)	PUNCT
cblr-8638	634	10	.	.	PUNCT
cblr-8638	635	1	164	164	NUM
cblr-8638	635	2	gilson	gilson	PROPN
cblr-8638	635	3	&	&	CCONJ
cblr-8638	635	4	kraakman	kraakman	PROPN
cblr-8638	635	5	,	,	PUNCT
cblr-8638	635	6	supra	supra	PROPN
cblr-8638	635	7	note	note	NOUN
cblr-8638	635	8	152	152	NUM
cblr-8638	635	9	,	,	PUNCT
cblr-8638	635	10	at	at	ADP
cblr-8638	635	11	571	571	NUM
cblr-8638	635	12	.	.	PUNCT
cblr-8638	635	13	macey	macey	PROPN
cblr-8638	635	14	8/22/2021	8/22/2021	NUM
cblr-8638	635	15	3:47	3:47	NUM
cblr-8638	635	16	pm	pm	NOUN
cblr-8638	635	17	no	no	INTJ
cblr-8638	635	18	.	.	PUNCT
cblr-8638	636	1	2:796	2:796	NUM
cblr-8638	636	2	]	]	X
cblr-8638	636	3	securities	security	NOUN
cblr-8638	636	4	regulation	regulation	NOUN
cblr-8638	636	5	and	and	CCONJ
cblr-8638	636	6	class	class	NOUN
cblr-8638	636	7	warfare	warfare	NOUN
cblr-8638	636	8	835	835	NUM
cblr-8638	636	9	investment	investment	NOUN
cblr-8638	636	10	professionals	professional	NOUN
cblr-8638	636	11	ensures	ensure	VERB
cblr-8638	636	12	that	that	SCONJ
cblr-8638	636	13	all	all	DET
cblr-8638	636	14	relevant	relevant	ADJ
cblr-8638	636	15	information	information	NOUN
cblr-8638	636	16	about	about	ADP
cblr-8638	636	17	securities	security	NOUN
cblr-8638	636	18	is	be	AUX
cblr-8638	636	19	rapidly	rapidly	ADV
cblr-8638	636	20	transformed	transform	VERB
cblr-8638	636	21	into	into	ADP
cblr-8638	636	22	price.165	price.165	PROPN
cblr-8638	636	23	the	the	DET
cblr-8638	636	24	sec	sec	PROPN
cblr-8638	636	25	,	,	PUNCT
cblr-8638	636	26	however	however	ADV
cblr-8638	636	27	,	,	PUNCT
cblr-8638	636	28	has	have	AUX
cblr-8638	636	29	been	be	AUX
cblr-8638	636	30	hostile	hostile	ADJ
cblr-8638	636	31	to	to	ADP
cblr-8638	636	32	the	the	DET
cblr-8638	636	33	work	work	NOUN
cblr-8638	636	34	of	of	ADP
cblr-8638	636	35	securities	security	NOUN
cblr-8638	636	36	analysts	analyst	NOUN
cblr-8638	636	37	.	.	PUNCT
cblr-8638	637	1	in	in	ADP
cblr-8638	637	2	one	one	NUM
cblr-8638	637	3	famous	famous	ADJ
cblr-8638	637	4	case	case	NOUN
cblr-8638	637	5	,	,	PUNCT
cblr-8638	637	6	a	a	DET
cblr-8638	637	7	securities	security	NOUN
cblr-8638	637	8	analyst	analyst	NOUN
cblr-8638	637	9	who	who	PRON
cblr-8638	637	10	successfully	successfully	ADV
cblr-8638	637	11	ferreted	ferret	VERB
cblr-8638	637	12	out	out	ADP
cblr-8638	637	13	a	a	DET
cblr-8638	637	14	major	major	ADJ
cblr-8638	637	15	fraud	fraud	NOUN
cblr-8638	637	16	at	at	ADP
cblr-8638	637	17	a	a	DET
cblr-8638	637	18	large	large	ADJ
cblr-8638	637	19	insurance	insurance	NOUN
cblr-8638	637	20	company	company	NOUN
cblr-8638	637	21	was	be	AUX
cblr-8638	637	22	in	in	ADP
cblr-8638	637	23	fact	fact	NOUN
cblr-8638	637	24	sued	sue	VERB
cblr-8638	637	25	by	by	ADP
cblr-8638	637	26	the	the	DET
cblr-8638	637	27	sec	sec	PROPN
cblr-8638	637	28	for	for	ADP
cblr-8638	637	29	insider	insider	NOUN
cblr-8638	637	30	trading.166	trading.166	NOUN
cblr-8638	637	31	in	in	ADP
cblr-8638	637	32	that	that	DET
cblr-8638	637	33	case	case	NOUN
cblr-8638	637	34	,	,	PUNCT
cblr-8638	637	35	the	the	DET
cblr-8638	637	36	supreme	supreme	PROPN
cblr-8638	637	37	court	court	PROPN
cblr-8638	637	38	stepped	step	VERB
cblr-8638	637	39	in	in	ADV
cblr-8638	637	40	to	to	PART
cblr-8638	637	41	repel	repel	VERB
cblr-8638	637	42	the	the	DET
cblr-8638	637	43	sec	sec	PROPN
cblr-8638	637	44	’s	’s	PART
cblr-8638	637	45	efforts	effort	NOUN
cblr-8638	637	46	to	to	PART
cblr-8638	637	47	undermine	undermine	VERB
cblr-8638	637	48	the	the	DET
cblr-8638	637	49	integrity	integrity	NOUN
cblr-8638	637	50	of	of	ADP
cblr-8638	637	51	the	the	DET
cblr-8638	637	52	capital	capital	NOUN
cblr-8638	637	53	markets	market	NOUN
cblr-8638	637	54	.	.	PUNCT
cblr-8638	638	1	when	when	SCONJ
cblr-8638	638	2	discussing	discuss	VERB
cblr-8638	638	3	the	the	DET
cblr-8638	638	4	supreme	supreme	PROPN
cblr-8638	638	5	court	court	PROPN
cblr-8638	638	6	’s	’s	PART
cblr-8638	638	7	rejection	rejection	NOUN
cblr-8638	638	8	of	of	ADP
cblr-8638	638	9	the	the	DET
cblr-8638	638	10	sec	sec	PROPN
cblr-8638	638	11	’s	’s	PART
cblr-8638	638	12	treatment	treatment	NOUN
cblr-8638	638	13	of	of	ADP
cblr-8638	638	14	stock	stock	NOUN
cblr-8638	638	15	market	market	NOUN
cblr-8638	638	16	analysts	analyst	NOUN
cblr-8638	638	17	in	in	ADP
cblr-8638	638	18	dirks	dirk	NOUN
cblr-8638	638	19	v.	v.	ADP
cblr-8638	638	20	sec	sec	PROPN
cblr-8638	638	21	,	,	PUNCT
cblr-8638	638	22	adam	adam	PROPN
cblr-8638	638	23	pritchard	pritchard	PROPN
cblr-8638	638	24	noted	note	VERB
cblr-8638	638	25	that	that	SCONJ
cblr-8638	638	26	the	the	DET
cblr-8638	638	27	court	court	NOUN
cblr-8638	638	28	“	"	PUNCT
cblr-8638	638	29	wanted	want	VERB
cblr-8638	638	30	to	to	PART
cblr-8638	638	31	leave	leave	VERB
cblr-8638	638	32	space	space	NOUN
cblr-8638	638	33	for	for	SCONJ
cblr-8638	638	34	securities	security	NOUN
cblr-8638	638	35	professionals	professional	NOUN
cblr-8638	638	36	to	to	PART
cblr-8638	638	37	uncover	uncover	VERB
cblr-8638	638	38	nonpublic	nonpublic	ADJ
cblr-8638	638	39	information	information	NOUN
cblr-8638	638	40	,	,	PUNCT
cblr-8638	638	41	even	even	ADV
cblr-8638	638	42	if	if	SCONJ
cblr-8638	638	43	it	it	PRON
cblr-8638	638	44	came	come	VERB
cblr-8638	638	45	from	from	ADP
cblr-8638	638	46	corporate	corporate	ADJ
cblr-8638	638	47	insiders	insider	NOUN
cblr-8638	638	48	.	.	PUNCT
cblr-8638	639	1	”167	”167	PROPN
cblr-8638	639	2	as	as	SCONJ
cblr-8638	639	3	the	the	DET
cblr-8638	639	4	court	court	NOUN
cblr-8638	639	5	itself	itself	PRON
cblr-8638	639	6	explained	explain	VERB
cblr-8638	639	7	,	,	PUNCT
cblr-8638	639	8	the	the	DET
cblr-8638	639	9	sec	sec	PROPN
cblr-8638	639	10	’s	’s	PART
cblr-8638	639	11	approach	approach	NOUN
cblr-8638	639	12	to	to	ADP
cblr-8638	639	13	insider	insider	NOUN
cblr-8638	639	14	trading	trading	NOUN
cblr-8638	639	15	“	"	PUNCT
cblr-8638	639	16	could	could	AUX
cblr-8638	639	17	have	have	VERB
cblr-8638	639	18	an	an	DET
cblr-8638	639	19	inhibiting	inhibit	VERB
cblr-8638	639	20	influence	influence	NOUN
cblr-8638	639	21	on	on	ADP
cblr-8638	639	22	the	the	DET
cblr-8638	639	23	role	role	NOUN
cblr-8638	639	24	of	of	ADP
cblr-8638	639	25	market	market	NOUN
cblr-8638	639	26	analysts	analyst	NOUN
cblr-8638	639	27	,	,	PUNCT
cblr-8638	639	28	”	"	PUNCT
cblr-8638	639	29	who	who	PRON
cblr-8638	639	30	are	be	AUX
cblr-8638	639	31	“	"	PUNCT
cblr-8638	639	32	necessary	necessary	ADJ
cblr-8638	639	33	to	to	ADP
cblr-8638	639	34	the	the	DET
cblr-8638	639	35	preservation	preservation	NOUN
cblr-8638	639	36	of	of	ADP
cblr-8638	639	37	a	a	DET
cblr-8638	639	38	healthy	healthy	ADJ
cblr-8638	639	39	market	market	NOUN
cblr-8638	639	40	.	.	PUNCT
cblr-8638	639	41	”168	”168	PUNCT
cblr-8638	640	1	the	the	DET
cblr-8638	640	2	court	court	NOUN
cblr-8638	640	3	went	go	VERB
cblr-8638	640	4	on	on	ADP
cblr-8638	640	5	to	to	PART
cblr-8638	640	6	say	say	VERB
cblr-8638	640	7	:	:	PUNCT
cblr-8638	640	8	it	it	PRON
cblr-8638	640	9	is	be	AUX
cblr-8638	640	10	commonplace	commonplace	ADJ
cblr-8638	640	11	for	for	SCONJ
cblr-8638	640	12	analysts	analyst	NOUN
cblr-8638	640	13	to	to	PART
cblr-8638	640	14	“	"	PUNCT
cblr-8638	640	15	ferret	ferret	VERB
cblr-8638	640	16	out	out	ADP
cblr-8638	640	17	and	and	CCONJ
cblr-8638	640	18	analyze	analyze	VERB
cblr-8638	640	19	information	information	NOUN
cblr-8638	640	20	,	,	PUNCT
cblr-8638	640	21	”	"	PUNCT
cblr-8638	640	22	and	and	CCONJ
cblr-8638	640	23	this	this	PRON
cblr-8638	640	24	often	often	ADV
cblr-8638	640	25	is	be	AUX
cblr-8638	640	26	done	do	VERB
cblr-8638	640	27	by	by	ADP
cblr-8638	640	28	meeting	meet	VERB
cblr-8638	640	29	with	with	ADP
cblr-8638	640	30	and	and	CCONJ
cblr-8638	640	31	questioning	question	VERB
cblr-8638	640	32	corporate	corporate	ADJ
cblr-8638	640	33	officers	officer	NOUN
cblr-8638	640	34	and	and	CCONJ
cblr-8638	640	35	others	other	NOUN
cblr-8638	640	36	who	who	PRON
cblr-8638	640	37	are	be	AUX
cblr-8638	640	38	insiders	insider	NOUN
cblr-8638	640	39	.	.	PUNCT
cblr-8638	641	1	and	and	CCONJ
cblr-8638	641	2	information	information	NOUN
cblr-8638	641	3	that	that	PRON
cblr-8638	641	4	the	the	DET
cblr-8638	641	5	analysts	analyst	NOUN
cblr-8638	641	6	obtain	obtain	VERB
cblr-8638	641	7	normally	normally	ADV
cblr-8638	641	8	may	may	AUX
cblr-8638	641	9	be	be	AUX
cblr-8638	641	10	the	the	DET
cblr-8638	641	11	basis	basis	NOUN
cblr-8638	641	12	for	for	ADP
cblr-8638	641	13	judgments	judgment	NOUN
cblr-8638	641	14	as	as	ADP
cblr-8638	641	15	to	to	ADP
cblr-8638	641	16	the	the	DET
cblr-8638	641	17	market	market	NOUN
cblr-8638	641	18	worth	worth	NOUN
cblr-8638	641	19	of	of	ADP
cblr-8638	641	20	a	a	DET
cblr-8638	641	21	corporation	corporation	NOUN
cblr-8638	641	22	’s	’s	PART
cblr-8638	641	23	securities	security	NOUN
cblr-8638	641	24	.	.	PUNCT
cblr-8638	642	1	the	the	DET
cblr-8638	642	2	analyst	analyst	NOUN
cblr-8638	642	3	’s	’s	PART
cblr-8638	642	4	judgment	judgment	NOUN
cblr-8638	642	5	in	in	ADP
cblr-8638	642	6	this	this	DET
cblr-8638	642	7	respect	respect	NOUN
cblr-8638	642	8	is	be	AUX
cblr-8638	642	9	made	make	VERB
cblr-8638	642	10	available	available	ADJ
cblr-8638	642	11	in	in	ADP
cblr-8638	642	12	market	market	NOUN
cblr-8638	642	13	letters	letter	NOUN
cblr-8638	642	14	or	or	CCONJ
cblr-8638	642	15	otherwise	otherwise	ADV
cblr-8638	642	16	to	to	ADP
cblr-8638	642	17	clients	client	NOUN
cblr-8638	642	18	of	of	ADP
cblr-8638	642	19	the	the	DET
cblr-8638	642	20	firm	firm	NOUN
cblr-8638	642	21	.	.	PUNCT
cblr-8638	643	1	it	it	PRON
cblr-8638	643	2	is	be	AUX
cblr-8638	643	3	the	the	DET
cblr-8638	643	4	nature	nature	NOUN
cblr-8638	643	5	of	of	ADP
cblr-8638	643	6	this	this	DET
cblr-8638	643	7	type	type	NOUN
cblr-8638	643	8	of	of	ADP
cblr-8638	643	9	information	information	NOUN
cblr-8638	643	10	,	,	PUNCT
cblr-8638	643	11	and	and	CCONJ
cblr-8638	643	12	indeed	indeed	ADV
cblr-8638	643	13	of	of	ADP
cblr-8638	643	14	the	the	DET
cblr-8638	643	15	markets	market	NOUN
cblr-8638	643	16	themselves	themselves	PRON
cblr-8638	643	17	,	,	PUNCT
cblr-8638	643	18	that	that	SCONJ
cblr-8638	643	19	such	such	ADJ
cblr-8638	643	20	information	information	NOUN
cblr-8638	643	21	can	can	AUX
cblr-8638	643	22	not	not	PART
cblr-8638	643	23	be	be	AUX
cblr-8638	643	24	made	make	VERB
cblr-8638	643	25	simultaneously	simultaneously	ADV
cblr-8638	643	26	available	available	ADJ
cblr-8638	643	27	to	to	ADP
cblr-8638	643	28	all	all	PRON
cblr-8638	643	29	of	of	ADP
cblr-8638	643	30	the	the	DET
cblr-8638	643	31	corporation	corporation	NOUN
cblr-8638	643	32	’s	’s	PART
cblr-8638	643	33	stockholders	stockholder	NOUN
cblr-8638	643	34	or	or	CCONJ
cblr-8638	643	35	the	the	DET
cblr-8638	643	36	public	public	ADJ
cblr-8638	643	37	generally.169	generally.169	PROPN
cblr-8638	643	38	165	165	NUM
cblr-8638	643	39	jonathan	jonathan	PROPN
cblr-8638	643	40	r.	r.	PROPN
cblr-8638	643	41	macey	macey	PROPN
cblr-8638	643	42	,	,	PUNCT
cblr-8638	643	43	administrative	administrative	ADJ
cblr-8638	643	44	agency	agency	NOUN
cblr-8638	643	45	obsolescence	obsolescence	NOUN
cblr-8638	643	46	and	and	CCONJ
cblr-8638	643	47	interest	interest	NOUN
cblr-8638	643	48	group	group	NOUN
cblr-8638	643	49	formation	formation	NOUN
cblr-8638	643	50	:	:	PUNCT
cblr-8638	643	51	a	a	DET
cblr-8638	643	52	case	case	NOUN
cblr-8638	643	53	study	study	NOUN
cblr-8638	643	54	of	of	ADP
cblr-8638	643	55	the	the	DET
cblr-8638	643	56	sec	sec	PROPN
cblr-8638	643	57	at	at	ADP
cblr-8638	643	58	sixty	sixty	NUM
cblr-8638	643	59	,	,	PUNCT
cblr-8638	643	60	15	15	NUM
cblr-8638	643	61	cardozo	cardozo	PROPN
cblr-8638	643	62	l.	l.	PROPN
cblr-8638	643	63	rev	rev	PROPN
cblr-8638	643	64	.	.	PROPN
cblr-8638	643	65	909	909	NUM
cblr-8638	643	66	,	,	PUNCT
cblr-8638	643	67	928	928	NUM
cblr-8638	643	68	(	(	PUNCT
cblr-8638	643	69	1994	1994	NUM
cblr-8638	643	70	)	)	PUNCT
cblr-8638	643	71	.	.	PUNCT
cblr-8638	644	1	166	166	NUM
cblr-8638	644	2	dirks	dirk	NOUN
cblr-8638	644	3	v.	v.	ADP
cblr-8638	644	4	sec	sec	PROPN
cblr-8638	644	5	,	,	PUNCT
cblr-8638	644	6	463	463	NUM
cblr-8638	644	7	u.s	u.s	PROPN
cblr-8638	644	8	.	.	PROPN
cblr-8638	644	9	646	646	NUM
cblr-8638	644	10	,	,	PUNCT
cblr-8638	644	11	648–51	648–51	NOUN
cblr-8638	644	12	(	(	PUNCT
cblr-8638	644	13	1983	1983	NUM
cblr-8638	644	14	)	)	PUNCT
cblr-8638	644	15	.	.	PUNCT
cblr-8638	645	1	167	167	NUM
cblr-8638	645	2	a.c	a.c	PROPN
cblr-8638	645	3	.	.	PROPN
cblr-8638	645	4	pritchard	pritchard	PROPN
cblr-8638	645	5	,	,	PUNCT
cblr-8638	645	6	dirks	dirk	NOUN
cblr-8638	645	7	and	and	CCONJ
cblr-8638	645	8	the	the	DET
cblr-8638	645	9	genesis	genesis	NOUN
cblr-8638	645	10	of	of	ADP
cblr-8638	645	11	personal	personal	ADJ
cblr-8638	645	12	benefit	benefit	NOUN
cblr-8638	645	13	,	,	PUNCT
cblr-8638	645	14	68	68	NUM
cblr-8638	645	15	smu	smu	PROPN
cblr-8638	645	16	l.	l.	PROPN
cblr-8638	645	17	rev	rev	PROPN
cblr-8638	645	18	.	.	PROPN
cblr-8638	645	19	857	857	NUM
cblr-8638	645	20	,	,	PUNCT
cblr-8638	645	21	861	861	NUM
cblr-8638	645	22	(	(	PUNCT
cblr-8638	645	23	2015	2015	NUM
cblr-8638	645	24	)	)	PUNCT
cblr-8638	645	25	.	.	PUNCT
cblr-8638	646	1	168	168	NUM
cblr-8638	646	2	dirks	dirk	NOUN
cblr-8638	646	3	,	,	PUNCT
cblr-8638	646	4	463	463	NUM
cblr-8638	646	5	u.s	u.s	PROPN
cblr-8638	646	6	.	.	PROPN
cblr-8638	646	7	at	at	ADP
cblr-8638	646	8	658	658	NUM
cblr-8638	646	9	.	.	PUNCT
cblr-8638	646	10	169	169	NUM
cblr-8638	647	1	i	i	PRON
cblr-8638	647	2	d.	d.	NOUN
cblr-8638	647	3	at	at	ADP
cblr-8638	647	4	658–59	658–59	PROPN
cblr-8638	647	5	(	(	PUNCT
cblr-8638	647	6	citation	citation	NOUN
cblr-8638	647	7	omitted	omit	VERB
cblr-8638	647	8	)	)	PUNCT
cblr-8638	647	9	(	(	PUNCT
cblr-8638	647	10	quoting	quote	VERB
cblr-8638	647	11	raymond	raymond	PROPN
cblr-8638	647	12	l.	l.	PROPN
cblr-8638	647	13	dirks	dirks	PROPN
cblr-8638	647	14	,	,	PUNCT
cblr-8638	647	15	21	21	NUM
cblr-8638	647	16	s.e.c	s.e.c	NOUN
cblr-8638	647	17	.	.	PUNCT
cblr-8638	648	1	1401	1401	NUM
cblr-8638	648	2	,	,	PUNCT
cblr-8638	648	3	1406	1406	NUM
cblr-8638	648	4	(	(	PUNCT
cblr-8638	648	5	1981	1981	NUM
cblr-8638	648	6	)	)	PUNCT
cblr-8638	648	7	,	,	PUNCT
cblr-8638	648	8	aff’d	aff’d	X
cblr-8638	648	9	sub	sub	PROPN
cblr-8638	648	10	nom	nom	PROPN
cblr-8638	648	11	.	.	PROPN
cblr-8638	648	12	dirks	dirks	PROPN
cblr-8638	648	13	v.	v.	ADP
cblr-8638	648	14	sec	sec	PROPN
cblr-8638	648	15	,	,	PUNCT
cblr-8638	648	16	681	681	NUM
cblr-8638	648	17	f.2d	f.2d	NOUN
cblr-8638	648	18	824	824	NUM
cblr-8638	648	19	(	(	PUNCT
cblr-8638	648	20	d.c	d.c	PROPN
cblr-8638	648	21	.	.	PROPN
cblr-8638	648	22	cir	cir	PROPN
cblr-8638	648	23	.	.	PROPN
cblr-8638	648	24	1982	1982	NUM
cblr-8638	648	25	)	)	PUNCT
cblr-8638	648	26	,	,	PUNCT
cblr-8638	648	27	rev’d	rev’d	NOUN
cblr-8638	648	28	,	,	PUNCT
cblr-8638	648	29	463	463	NUM
cblr-8638	648	30	u.s	u.s	PROPN
cblr-8638	648	31	.	.	PROPN
cblr-8638	648	32	646	646	NUM
cblr-8638	648	33	)	)	PUNCT
cblr-8638	648	34	.	.	PUNCT
cblr-8638	649	1	macey	macey	PROPN
cblr-8638	649	2	8/22/2021	8/22/2021	NUM
cblr-8638	649	3	3:47	3:47	NUM
cblr-8638	649	4	pm	pm	NOUN
cblr-8638	649	5	836	836	NUM
cblr-8638	649	6	columbia	columbia	PROPN
cblr-8638	649	7	business	business	NOUN
cblr-8638	649	8	law	law	PROPN
cblr-8638	649	9	review	review	NOUN
cblr-8638	650	1	[	[	X
cblr-8638	650	2	vol	vol	NOUN
cblr-8638	650	3	.	.	PUNCT
cblr-8638	650	4	2021	2021	NUM
cblr-8638	650	5	the	the	DET
cblr-8638	650	6	sec	sec	PROPN
cblr-8638	650	7	’s	’s	PART
cblr-8638	650	8	regulation	regulation	NOUN
cblr-8638	650	9	fd170	fd170	PROPN
cblr-8638	650	10	is	be	AUX
cblr-8638	650	11	another	another	DET
cblr-8638	650	12	example	example	NOUN
cblr-8638	650	13	of	of	ADP
cblr-8638	650	14	a	a	DET
cblr-8638	650	15	rule	rule	NOUN
cblr-8638	650	16	that	that	PRON
cblr-8638	650	17	undermines	undermine	VERB
cblr-8638	650	18	market	market	NOUN
cblr-8638	650	19	efficiency	efficiency	NOUN
cblr-8638	650	20	.	.	PUNCT
cblr-8638	651	1	regulation	regulation	NOUN
cblr-8638	651	2	fd	fd	X
cblr-8638	651	3	(	(	PUNCT
cblr-8638	651	4	“	"	PUNCT
cblr-8638	651	5	reg	reg	PROPN
cblr-8638	651	6	fd	fd	PROPN
cblr-8638	651	7	”	"	PUNCT
cblr-8638	651	8	or	or	CCONJ
cblr-8638	651	9	regulation	regulation	NOUN
cblr-8638	651	10	“	"	PUNCT
cblr-8638	651	11	fair	fair	ADJ
cblr-8638	651	12	disclosure	disclosure	NOUN
cblr-8638	651	13	”	"	PUNCT
cblr-8638	651	14	)	)	PUNCT
cblr-8638	651	15	undermines	undermine	VERB
cblr-8638	651	16	the	the	DET
cblr-8638	651	17	work	work	NOUN
cblr-8638	651	18	of	of	ADP
cblr-8638	651	19	stock	stock	NOUN
cblr-8638	651	20	market	market	NOUN
cblr-8638	651	21	analysts	analyst	NOUN
cblr-8638	651	22	by	by	ADP
cblr-8638	651	23	prohibiting	prohibit	VERB
cblr-8638	651	24	public	public	ADJ
cblr-8638	651	25	companies	company	NOUN
cblr-8638	651	26	from	from	ADP
cblr-8638	651	27	engaging	engage	VERB
cblr-8638	651	28	in	in	ADP
cblr-8638	651	29	what	what	PRON
cblr-8638	651	30	is	be	AUX
cblr-8638	651	31	known	know	VERB
cblr-8638	651	32	as	as	ADP
cblr-8638	651	33	“	"	PUNCT
cblr-8638	651	34	selective	selective	ADJ
cblr-8638	651	35	disclosure	disclosure	NOUN
cblr-8638	651	36	.	.	PUNCT
cblr-8638	652	1	”171	”171	PROPN
cblr-8638	652	2	selective	selective	ADJ
cblr-8638	652	3	disclosure	disclosure	NOUN
cblr-8638	652	4	is	be	AUX
cblr-8638	652	5	the	the	DET
cblr-8638	652	6	practice	practice	NOUN
cblr-8638	652	7	of	of	ADP
cblr-8638	652	8	disclosing	disclose	VERB
cblr-8638	652	9	material	material	ADJ
cblr-8638	652	10	information	information	NOUN
cblr-8638	652	11	to	to	ADP
cblr-8638	652	12	a	a	DET
cblr-8638	652	13	small	small	ADJ
cblr-8638	652	14	,	,	PUNCT
cblr-8638	652	15	select	select	ADJ
cblr-8638	652	16	number	number	NOUN
cblr-8638	652	17	of	of	ADP
cblr-8638	652	18	securities	security	NOUN
cblr-8638	652	19	analysts	analyst	NOUN
cblr-8638	652	20	—	—	PUNCT
cblr-8638	652	21	rather	rather	ADV
cblr-8638	652	22	than	than	ADP
cblr-8638	652	23	making	make	VERB
cblr-8638	652	24	such	such	ADJ
cblr-8638	652	25	disclosures	disclosure	NOUN
cblr-8638	652	26	to	to	ADP
cblr-8638	652	27	all	all	DET
cblr-8638	652	28	market	market	NOUN
cblr-8638	652	29	participants	participant	NOUN
cblr-8638	652	30	through	through	ADP
cblr-8638	652	31	press	press	NOUN
cblr-8638	652	32	releases	release	NOUN
cblr-8638	652	33	or	or	CCONJ
cblr-8638	652	34	webcasts	webcast	NOUN
cblr-8638	652	35	.	.	PUNCT
cblr-8638	653	1	reg	reg	PROPN
cblr-8638	653	2	fd	fd	PROPN
cblr-8638	653	3	erodes	erode	VERB
cblr-8638	653	4	market	market	NOUN
cblr-8638	653	5	efficiency	efficiency	NOUN
cblr-8638	653	6	by	by	ADP
cblr-8638	653	7	reducing	reduce	VERB
cblr-8638	653	8	the	the	DET
cblr-8638	653	9	quantity	quantity	NOUN
cblr-8638	653	10	and	and	CCONJ
cblr-8638	653	11	the	the	DET
cblr-8638	653	12	quality	quality	NOUN
cblr-8638	653	13	of	of	ADP
cblr-8638	653	14	information	information	NOUN
cblr-8638	653	15	that	that	PRON
cblr-8638	653	16	companies	company	NOUN
cblr-8638	653	17	reveal	reveal	VERB
cblr-8638	653	18	about	about	ADP
cblr-8638	653	19	themselves	themselves	PRON
cblr-8638	653	20	.	.	PUNCT
cblr-8638	654	1	it	it	PRON
cblr-8638	654	2	eliminates	eliminate	VERB
cblr-8638	654	3	the	the	DET
cblr-8638	654	4	ability	ability	NOUN
cblr-8638	654	5	of	of	ADP
cblr-8638	654	6	companies	company	NOUN
cblr-8638	654	7	to	to	PART
cblr-8638	654	8	have	have	AUX
cblr-8638	654	9	oneon	oneon	NOUN
cblr-8638	654	10	-	-	PUNCT
cblr-8638	654	11	one	one	NUM
cblr-8638	654	12	meetings	meeting	NOUN
cblr-8638	654	13	with	with	ADP
cblr-8638	654	14	securities	security	NOUN
cblr-8638	654	15	analysts	analyst	NOUN
cblr-8638	654	16	at	at	ADP
cblr-8638	654	17	which	which	PRON
cblr-8638	654	18	they	they	PRON
cblr-8638	654	19	can	can	AUX
cblr-8638	654	20	provide	provide	VERB
cblr-8638	654	21	context	context	NOUN
cblr-8638	654	22	to	to	ADP
cblr-8638	654	23	the	the	DET
cblr-8638	654	24	more	more	ADV
cblr-8638	654	25	general	general	ADJ
cblr-8638	654	26	,	,	PUNCT
cblr-8638	654	27	anodyne	anodyne	ADJ
cblr-8638	654	28	disclosures	disclosure	NOUN
cblr-8638	654	29	that	that	PRON
cblr-8638	654	30	are	be	AUX
cblr-8638	654	31	made	make	VERB
cblr-8638	654	32	to	to	ADP
cblr-8638	654	33	the	the	DET
cblr-8638	654	34	public	public	NOUN
cblr-8638	654	35	.	.	PUNCT
cblr-8638	655	1	as	as	ADP
cblr-8638	655	2	the	the	DET
cblr-8638	655	3	securities	security	NOUN
cblr-8638	655	4	industry	industry	NOUN
cblr-8638	655	5	association172	association172	PROPN
cblr-8638	655	6	shared	share	VERB
cblr-8638	655	7	in	in	ADP
cblr-8638	655	8	a	a	DET
cblr-8638	655	9	letter	letter	NOUN
cblr-8638	655	10	opposing	oppose	VERB
cblr-8638	655	11	reg	reg	NOUN
cblr-8638	655	12	fd	fd	NOUN
cblr-8638	655	13	:	:	PUNCT
cblr-8638	655	14	“	"	PUNCT
cblr-8638	655	15	we	we	PRON
cblr-8638	655	16	believe	believe	VERB
cblr-8638	655	17	that	that	SCONJ
cblr-8638	655	18	these	these	DET
cblr-8638	655	19	communications	communication	NOUN
cblr-8638	655	20	help	help	VERB
cblr-8638	655	21	get	get	VERB
cblr-8638	655	22	information	information	NOUN
cblr-8638	655	23	into	into	ADP
cblr-8638	655	24	the	the	DET
cblr-8638	655	25	marketplace	marketplace	NOUN
cblr-8638	655	26	,	,	PUNCT
cblr-8638	655	27	whereas	whereas	SCONJ
cblr-8638	655	28	[	[	X
cblr-8638	655	29	reg	reg	X
cblr-8638	655	30	fd	fd	X
cblr-8638	655	31	]	]	PUNCT
cblr-8638	655	32	will	will	AUX
cblr-8638	655	33	discourage	discourage	VERB
cblr-8638	655	34	issuers	issuer	NOUN
cblr-8638	655	35	from	from	ADP
cblr-8638	655	36	exchanging	exchange	VERB
cblr-8638	655	37	ideas	idea	NOUN
cblr-8638	655	38	or	or	CCONJ
cblr-8638	655	39	information	information	NOUN
cblr-8638	655	40	with	with	ADP
cblr-8638	655	41	analysts	analyst	NOUN
cblr-8638	655	42	,	,	PUNCT
cblr-8638	655	43	as	as	ADV
cblr-8638	655	44	well	well	ADV
cblr-8638	655	45	as	as	ADP
cblr-8638	655	46	deter	deter	VERB
cblr-8638	655	47	analysts	analyst	NOUN
cblr-8638	655	48	from	from	ADP
cblr-8638	655	49	vigorously	vigorously	ADV
cblr-8638	655	50	competing	compete	VERB
cblr-8638	655	51	to	to	PART
cblr-8638	655	52	glean	glean	VERB
cblr-8638	655	53	useful	useful	ADJ
cblr-8638	655	54	information	information	NOUN
cblr-8638	655	55	for	for	ADP
cblr-8638	655	56	their	their	PRON
cblr-8638	655	57	clients	client	NOUN
cblr-8638	655	58	and	and	CCONJ
cblr-8638	655	59	the	the	DET
cblr-8638	655	60	markets	market	NOUN
cblr-8638	655	61	.	.	PUNCT
cblr-8638	656	1	”173	”173	ADP
cblr-8638	656	2	the	the	DET
cblr-8638	656	3	sia	sia	PROPN
cblr-8638	656	4	also	also	ADV
cblr-8638	656	5	conducted	conduct	VERB
cblr-8638	656	6	a	a	DET
cblr-8638	656	7	survey	survey	NOUN
cblr-8638	656	8	by	by	ADP
cblr-8638	656	9	interviewing	interview	VERB
cblr-8638	656	10	30	30	NUM
cblr-8638	656	11	analysts	analyst	NOUN
cblr-8638	656	12	.	.	PUNCT
cblr-8638	657	1	of	of	ADP
cblr-8638	657	2	the	the	DET
cblr-8638	657	3	analysts	analyst	NOUN
cblr-8638	657	4	interviewed	interview	VERB
cblr-8638	657	5	by	by	ADP
cblr-8638	657	6	the	the	DET
cblr-8638	657	7	sia	sia	PROPN
cblr-8638	657	8	,	,	PUNCT
cblr-8638	657	9	47	47	NUM
cblr-8638	657	10	percent	percent	NOUN
cblr-8638	657	11	felt	feel	VERB
cblr-8638	657	12	that	that	SCONJ
cblr-8638	657	13	companies	company	NOUN
cblr-8638	657	14	engaged	engage	VERB
cblr-8638	657	15	in	in	ADP
cblr-8638	657	16	less	less	ADJ
cblr-8638	657	17	communication	communication	NOUN
cblr-8638	657	18	during	during	ADP
cblr-8638	657	19	the	the	DET
cblr-8638	657	20	post	post	ADJ
cblr-8638	657	21	-	-	ADJ
cblr-8638	657	22	fd	fd	ADJ
cblr-8638	657	23	period	period	NOUN
cblr-8638	657	24	,	,	PUNCT
cblr-8638	657	25	and	and	CCONJ
cblr-8638	657	26	72	72	NUM
cblr-8638	657	27	percent	percent	NOUN
cblr-8638	657	28	felt	feel	VERB
cblr-8638	657	29	that	that	SCONJ
cblr-8638	657	30	information	information	NOUN
cblr-8638	657	31	communicated	communicate	VERB
cblr-8638	657	32	by	by	ADP
cblr-8638	657	33	issuers	issuer	NOUN
cblr-8638	657	34	to	to	ADP
cblr-8638	657	35	the	the	DET
cblr-8638	657	36	public	public	NOUN
cblr-8638	657	37	was	be	AUX
cblr-8638	657	38	of	of	ADP
cblr-8638	657	39	lower	low	ADJ
cblr-8638	657	40	quality	quality	NOUN
cblr-8638	657	41	in	in	ADP
cblr-8638	657	42	the	the	DET
cblr-8638	657	43	post	post	NOUN
cblr-8638	657	44	-	-	ADJ
cblr-8638	657	45	fd	fd	ADJ
cblr-8638	657	46	period.174	period.174	ADJ
cblr-8638	657	47	170	170	NUM
cblr-8638	657	48	17	17	NUM
cblr-8638	657	49	c.f.r	c.f.r	NOUN
cblr-8638	657	50	.	.	PUNCT
cblr-8638	658	1	§	§	PROPN
cblr-8638	658	2	§	§	PROPN
cblr-8638	658	3	243.100–.103	243.100–.103	NUM
cblr-8638	658	4	(	(	PUNCT
cblr-8638	658	5	2020	2020	NUM
cblr-8638	658	6	)	)	PUNCT
cblr-8638	658	7	.	.	PUNCT
cblr-8638	659	1	171	171	NUM
cblr-8638	659	2	see	see	VERB
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cblr-8638	659	7	)	)	PUNCT
cblr-8638	659	8	.	.	PUNCT
cblr-8638	660	1	172	172	NUM
cblr-8638	661	1	the	the	DET
cblr-8638	661	2	securities	security	NOUN
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cblr-8638	661	4	association	association	NOUN
cblr-8638	661	5	is	be	AUX
cblr-8638	661	6	a	a	DET
cblr-8638	661	7	trade	trade	NOUN
cblr-8638	661	8	group	group	NOUN
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cblr-8638	661	10	financial	financial	ADJ
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cblr-8638	661	12	and	and	CCONJ
cblr-8638	661	13	securities	security	NOUN
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cblr-8638	661	15	.	.	PUNCT
cblr-8638	662	1	about	about	ADP
cblr-8638	662	2	sia	sia	PROPN
cblr-8638	662	3	,	,	PUNCT
cblr-8638	662	4	sec	sec	PROPN
cblr-8638	662	5	.	.	PROPN
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cblr-8638	662	7	.	.	PUNCT
cblr-8638	663	1	ass’n	ass’n	PROPN
cblr-8638	663	2	,	,	PUNCT
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cblr-8638	664	1	[	[	X
cblr-8638	664	2	https://perma.cc/2zgertxw	https://perma.cc/2zgertxw	X
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cblr-8638	664	8	.	.	PROPN
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cblr-8638	664	10	,	,	PUNCT
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cblr-8638	664	13	.	.	PUNCT
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cblr-8638	665	2	sec	sec	PROPN
cblr-8638	665	3	.	.	PROPN
cblr-8638	665	4	indus	indus	PROPN
cblr-8638	665	5	.	.	PUNCT
cblr-8638	666	1	ass’n	ass’n	ADV
cblr-8638	666	2	,	,	PUNCT
cblr-8638	666	3	comment	comment	NOUN
cblr-8638	666	4	letter	letter	NOUN
cblr-8638	666	5	on	on	ADP
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cblr-8638	666	8	fd	fd	PROPN
cblr-8638	666	9	,	,	PUNCT
cblr-8638	666	10	(	(	PUNCT
cblr-8638	666	11	apr	apr	NOUN
cblr-8638	666	12	.	.	PROPN
cblr-8638	666	13	6	6	NUM
cblr-8638	666	14	,	,	PUNCT
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cblr-8638	666	17	,	,	PUNCT
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cblr-8638	667	1	[	[	X
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cblr-8638	667	4	.	.	PUNCT
cblr-8638	668	1	174	174	NUM
cblr-8638	668	2	partha	partha	PROPN
cblr-8638	668	3	s.	s.	PROPN
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cblr-8638	668	5	&	&	CCONJ
cblr-8638	668	6	shyam	shyam	PROPN
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cblr-8638	669	2	sunder	sunder	PROPN
cblr-8638	669	3	,	,	PUNCT
cblr-8638	669	4	how	how	SCONJ
cblr-8638	669	5	has	have	AUX
cblr-8638	669	6	regulation	regulation	NOUN
cblr-8638	669	7	fd	fd	AUX
cblr-8638	669	8	affected	affect	VERB
cblr-8638	669	9	the	the	DET
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cblr-8638	669	11	of	of	ADP
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cblr-8638	669	13	analysts	analyst	NOUN
cblr-8638	669	14	?	?	PUNCT
cblr-8638	670	1	,	,	PUNCT
cblr-8638	670	2	23	23	NUM
cblr-8638	670	3	contemp	contemp	NOUN
cblr-8638	670	4	.	.	PUNCT
cblr-8638	671	1	acct	acct	NOUN
cblr-8638	671	2	.	.	PUNCT
cblr-8638	672	1	rsch	rsch	PROPN
cblr-8638	672	2	.	.	PUNCT
cblr-8638	673	1	macey	macey	PROPN
cblr-8638	673	2	8/22/2021	8/22/2021	NUM
cblr-8638	673	3	3:47	3:47	NUM
cblr-8638	673	4	pm	pm	NOUN
cblr-8638	673	5	no	no	INTJ
cblr-8638	673	6	.	.	PUNCT
cblr-8638	674	1	2:796	2:796	NUM
cblr-8638	674	2	]	]	X
cblr-8638	674	3	securities	security	NOUN
cblr-8638	674	4	regulation	regulation	NOUN
cblr-8638	674	5	and	and	CCONJ
cblr-8638	674	6	class	class	NOUN
cblr-8638	674	7	warfare	warfare	NOUN
cblr-8638	674	8	837	837	NUM
cblr-8638	674	9	reg	reg	NOUN
cblr-8638	674	10	fd	fd	PUNCT
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cblr-8638	674	14	a	a	DET
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cblr-8638	674	17	effect	effect	NOUN
cblr-8638	674	18	on	on	ADP
cblr-8638	674	19	the	the	DET
cblr-8638	674	20	efficiency	efficiency	NOUN
cblr-8638	674	21	of	of	ADP
cblr-8638	674	22	securities	security	NOUN
cblr-8638	674	23	pricing	pricing	NOUN
cblr-8638	674	24	for	for	ADP
cblr-8638	674	25	smaller	small	ADJ
cblr-8638	674	26	companies	company	NOUN
cblr-8638	674	27	.	.	PUNCT
cblr-8638	675	1	smaller	small	ADJ
cblr-8638	675	2	companies	company	NOUN
cblr-8638	675	3	,	,	PUNCT
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cblr-8638	675	6	,	,	PUNCT
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cblr-8638	675	8	fewer	few	ADJ
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cblr-8638	675	10	outstanding	outstanding	ADJ
cblr-8638	675	11	,	,	PUNCT
cblr-8638	675	12	and	and	CCONJ
cblr-8638	675	13	the	the	DET
cblr-8638	675	14	market	market	NOUN
cblr-8638	675	15	for	for	ADP
cblr-8638	675	16	those	those	DET
cblr-8638	675	17	shares	share	NOUN
cblr-8638	675	18	is	be	AUX
cblr-8638	675	19	less	less	ADV
cblr-8638	675	20	liquid	liquid	ADJ
cblr-8638	675	21	than	than	ADP
cblr-8638	675	22	the	the	DET
cblr-8638	675	23	market	market	NOUN
cblr-8638	675	24	for	for	ADP
cblr-8638	675	25	the	the	DET
cblr-8638	675	26	shares	share	NOUN
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cblr-8638	675	30	.	.	PUNCT
cblr-8638	676	1	as	as	SCONJ
cblr-8638	676	2	such	such	ADJ
cblr-8638	676	3	,	,	PUNCT
cblr-8638	676	4	smaller	small	ADJ
cblr-8638	676	5	companies	company	NOUN
cblr-8638	676	6	have	have	VERB
cblr-8638	676	7	a	a	DET
cblr-8638	676	8	harder	hard	ADJ
cblr-8638	676	9	time	time	NOUN
cblr-8638	676	10	attracting	attract	VERB
cblr-8638	676	11	analyst	analyst	NOUN
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cblr-8638	676	13	.	.	PUNCT
cblr-8638	677	1	as	as	SCONJ
cblr-8638	677	2	zohar	zohar	PROPN
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cblr-8638	677	7	have	have	AUX
cblr-8638	677	8	observed	observe	VERB
cblr-8638	677	9	,	,	PUNCT
cblr-8638	677	10	small	small	ADJ
cblr-8638	677	11	firms	firm	NOUN
cblr-8638	677	12	have	have	VERB
cblr-8638	677	13	a	a	DET
cblr-8638	677	14	particular	particular	ADJ
cblr-8638	677	15	interest	interest	NOUN
cblr-8638	677	16	in	in	ADP
cblr-8638	677	17	engaging	engage	VERB
cblr-8638	677	18	in	in	ADP
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cblr-8638	677	21	of	of	ADP
cblr-8638	677	22	information	information	NOUN
cblr-8638	677	23	to	to	PART
cblr-8638	677	24	maintain	maintain	VERB
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cblr-8638	677	26	attract	attract	VERB
cblr-8638	677	27	an	an	DET
cblr-8638	677	28	analyst	analyst	NOUN
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cblr-8638	677	30	,	,	PUNCT
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cblr-8638	677	32	small	small	ADJ
cblr-8638	677	33	firm	firm	ADJ
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cblr-8638	677	35	may	may	AUX
cblr-8638	677	36	be	be	AUX
cblr-8638	677	37	so	so	ADV
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cblr-8638	677	39	that	that	SCONJ
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cblr-8638	677	42	of	of	ADP
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cblr-8638	677	45	information	information	NOUN
cblr-8638	677	46	may	may	AUX
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cblr-8638	677	49	than	than	ADP
cblr-8638	677	50	the	the	DET
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cblr-8638	677	52	from	from	ADP
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cblr-8638	677	54	or	or	CCONJ
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cblr-8638	677	56	on	on	ADP
cblr-8638	677	57	private	private	ADJ
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cblr-8638	677	59	prior	prior	ADV
cblr-8638	677	60	to	to	ADP
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cblr-8638	677	63	of	of	ADP
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cblr-8638	677	66	,	,	PUNCT
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cblr-8638	677	68	financial	financial	ADJ
cblr-8638	677	69	officers	officer	NOUN
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cblr-8638	677	71	corporate	corporate	ADJ
cblr-8638	677	72	communications	communication	NOUN
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cblr-8638	677	74	of	of	ADP
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cblr-8638	677	78	attract	attract	VERB
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cblr-8638	677	91	.	.	PUNCT
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cblr-8638	678	6	.	.	PUNCT
cblr-8638	679	1	as	as	SCONJ
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cblr-8638	679	13	,	,	PUNCT
cblr-8638	679	14	“	"	PUNCT
cblr-8638	679	15	the	the	DET
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cblr-8638	679	41	face	face	VERB
cblr-8638	679	42	a	a	DET
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cblr-8638	681	8	in	in	ADP
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cblr-8638	681	12	by	by	ADP
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cblr-8638	683	1	(	(	PUNCT
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cblr-8638	683	7	sec	sec	PROPN
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cblr-8638	684	5	benefits	benefit	NOUN
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cblr-8638	684	8	fair	fair	ADJ
cblr-8638	684	9	disclosure	disclosure	NOUN
cblr-8638	684	10	(	(	PUNCT
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cblr-8638	684	14	.	.	PUNCT
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cblr-8638	685	3	zohar	zohar	PROPN
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cblr-8638	685	12	,	,	PUNCT
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cblr-8638	685	18	”	"	PUNCT
cblr-8638	685	19	property	property	NOUN
cblr-8638	685	20	rights	right	NOUN
cblr-8638	685	21	in	in	ADP
cblr-8638	685	22	information	information	NOUN
cblr-8638	685	23	,	,	PUNCT
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cblr-8638	686	7	(	(	PUNCT
cblr-8638	686	8	2001	2001	NUM
cblr-8638	686	9	)	)	PUNCT
cblr-8638	686	10	(	(	PUNCT
cblr-8638	686	11	noting	note	VERB
cblr-8638	686	12	that	that	SCONJ
cblr-8638	686	13	,	,	PUNCT
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cblr-8638	686	15	smaller	small	ADJ
cblr-8638	686	16	companies	company	NOUN
cblr-8638	686	17	,	,	PUNCT
cblr-8638	686	18	the	the	DET
cblr-8638	686	19	“	"	PUNCT
cblr-8638	686	20	cost	cost	NOUN
cblr-8638	686	21	of	of	ADP
cblr-8638	686	22	gathering	gather	VERB
cblr-8638	686	23	and	and	CCONJ
cblr-8638	686	24	processing	process	VERB
cblr-8638	686	25	information	information	NOUN
cblr-8638	686	26	to	to	ADP
cblr-8638	686	27	the	the	DET
cblr-8638	686	28	market	market	NOUN
cblr-8638	686	29	does	do	AUX
cblr-8638	686	30	not	not	PART
cblr-8638	686	31	guarantee	guarantee	VERB
cblr-8638	686	32	any	any	DET
cblr-8638	686	33	individual	individual	ADJ
cblr-8638	686	34	analyst	analyst	NOUN
cblr-8638	686	35	a	a	DET
cblr-8638	686	36	sufficient	sufficient	ADJ
cblr-8638	686	37	return	return	NOUN
cblr-8638	686	38	to	to	PART
cblr-8638	686	39	justify	justify	VERB
cblr-8638	686	40	the	the	DET
cblr-8638	686	41	coverage	coverage	NOUN
cblr-8638	686	42	.	.	PUNCT
cblr-8638	686	43	.	.	PUNCT
cblr-8638	686	44	.	.	PUNCT
cblr-8638	686	45	.	.	PUNCT
cblr-8638	687	1	[	[	X
cblr-8638	687	2	f]or	f]or	ADJ
cblr-8638	687	3	small	small	ADJ
cblr-8638	687	4	companies	company	NOUN
cblr-8638	687	5	whose	whose	DET
cblr-8638	687	6	shares	share	NOUN
cblr-8638	687	7	are	be	AUX
cblr-8638	687	8	traded	trade	VERB
cblr-8638	687	9	with	with	ADP
cblr-8638	687	10	low	low	ADJ
cblr-8638	687	11	liquidity	liquidity	NOUN
cblr-8638	687	12	,	,	PUNCT
cblr-8638	687	13	[	[	X
cblr-8638	687	14	temporary	temporary	ADJ
cblr-8638	687	15	exclusivity	exclusivity	NOUN
cblr-8638	687	16	]	]	PUNCT
cblr-8638	687	17	is	be	AUX
cblr-8638	687	18	a	a	DET
cblr-8638	687	19	necessary	necessary	ADJ
cblr-8638	687	20	step	step	NOUN
cblr-8638	687	21	on	on	ADP
cblr-8638	687	22	the	the	DET
cblr-8638	687	23	way	way	NOUN
cblr-8638	687	24	to	to	ADP
cblr-8638	687	25	competitive	competitive	ADJ
cblr-8638	687	26	analyst	analyst	NOUN
cblr-8638	687	27	coverage	coverage	NOUN
cblr-8638	687	28	.	.	PUNCT
cblr-8638	688	1	in	in	ADP
cblr-8638	688	2	this	this	DET
cblr-8638	688	3	sense	sense	NOUN
cblr-8638	688	4	,	,	PUNCT
cblr-8638	688	5	the	the	DET
cblr-8638	688	6	exclusivity	exclusivity	NOUN
cblr-8638	688	7	generated	generate	VERB
cblr-8638	688	8	by	by	ADP
cblr-8638	688	9	selective	selective	ADJ
cblr-8638	688	10	disclosure	disclosure	NOUN
cblr-8638	688	11	is	be	AUX
cblr-8638	688	12	analogous	analogous	ADJ
cblr-8638	688	13	to	to	ADP
cblr-8638	688	14	that	that	PRON
cblr-8638	688	15	created	create	VERB
cblr-8638	688	16	by	by	ADP
cblr-8638	688	17	patent	patent	NOUN
cblr-8638	688	18	or	or	CCONJ
cblr-8638	688	19	copyright	copyright	NOUN
cblr-8638	688	20	protection	protection	NOUN
cblr-8638	688	21	.	.	PUNCT
cblr-8638	689	1	in	in	ADP
cblr-8638	689	2	all	all	DET
cblr-8638	689	3	cases	case	NOUN
cblr-8638	689	4	,	,	PUNCT
cblr-8638	689	5	the	the	DET
cblr-8638	689	6	loss	loss	NOUN
cblr-8638	689	7	associated	associate	VERB
cblr-8638	689	8	with	with	ADP
cblr-8638	689	9	the	the	DET
cblr-8638	689	10	grant	grant	NOUN
cblr-8638	689	11	of	of	ADP
cblr-8638	689	12	temporary	temporary	ADJ
cblr-8638	689	13	exclusivity	exclusivity	NOUN
cblr-8638	689	14	is	be	AUX
cblr-8638	689	15	presumably	presumably	ADV
cblr-8638	689	16	outweighed	outweigh	VERB
cblr-8638	689	17	by	by	ADP
cblr-8638	689	18	the	the	DET
cblr-8638	689	19	ensuing	ensue	VERB
cblr-8638	689	20	long	long	ADJ
cblr-8638	689	21	-	-	PUNCT
cblr-8638	689	22	term	term	NOUN
cblr-8638	689	23	benefits	benefit	NOUN
cblr-8638	689	24	”	"	PUNCT
cblr-8638	689	25	)	)	PUNCT
cblr-8638	689	26	.	.	PUNCT
cblr-8638	690	1	176	176	NUM
cblr-8638	690	2	armando	armando	PROPN
cblr-8638	690	3	gomes	gomes	PROPN
cblr-8638	690	4	,	,	PUNCT
cblr-8638	690	5	gary	gary	PROPN
cblr-8638	690	6	gorton	gorton	PROPN
cblr-8638	690	7	&	&	CCONJ
cblr-8638	690	8	leonardo	leonardo	PROPN
cblr-8638	690	9	madureira	madureira	PROPN
cblr-8638	690	10	,	,	PUNCT
cblr-8638	690	11	sec	sec	PROPN
cblr-8638	690	12	regulation	regulation	NOUN
cblr-8638	690	13	fair	fair	ADJ
cblr-8638	690	14	disclosure	disclosure	NOUN
cblr-8638	690	15	,	,	PUNCT
cblr-8638	690	16	information	information	NOUN
cblr-8638	690	17	,	,	PUNCT
cblr-8638	690	18	and	and	CCONJ
cblr-8638	690	19	the	the	DET
cblr-8638	690	20	cost	cost	NOUN
cblr-8638	690	21	of	of	ADP
cblr-8638	690	22	capital	capital	NOUN
cblr-8638	690	23	,	,	PUNCT
cblr-8638	690	24	13	13	NUM
cblr-8638	690	25	j.	j.	PROPN
cblr-8638	690	26	corp	corp	PROPN
cblr-8638	690	27	.	.	PROPN
cblr-8638	690	28	fin	fin	PROPN
cblr-8638	690	29	.	.	PUNCT
cblr-8638	691	1	300	300	NUM
cblr-8638	691	2	,	,	PUNCT
cblr-8638	691	3	301	301	NUM
cblr-8638	691	4	(	(	PUNCT
cblr-8638	691	5	2007	2007	NUM
cblr-8638	691	6	)	)	PUNCT
cblr-8638	691	7	.	.	PUNCT
cblr-8638	692	1	177	177	NUM
cblr-8638	692	2	i	i	PRON
cblr-8638	692	3	d.	d.	PROPN
cblr-8638	692	4	at	at	ADP
cblr-8638	692	5	300	300	NUM
cblr-8638	692	6	.	.	PUNCT
cblr-8638	693	1	macey	macey	PROPN
cblr-8638	693	2	8/22/2021	8/22/2021	NUM
cblr-8638	693	3	3:47	3:47	NUM
cblr-8638	693	4	pm	pm	NOUN
cblr-8638	693	5	838	838	NUM
cblr-8638	693	6	columbia	columbia	PROPN
cblr-8638	693	7	business	business	NOUN
cblr-8638	693	8	law	law	NOUN
cblr-8638	693	9	review	review	NOUN
cblr-8638	694	1	[	[	X
cblr-8638	694	2	vol	vol	NOUN
cblr-8638	694	3	.	.	NOUN
cblr-8638	694	4	2021	2021	NUM
cblr-8638	694	5	to	to	ADP
cblr-8638	694	6	the	the	DET
cblr-8638	694	7	extent	extent	NOUN
cblr-8638	694	8	that	that	SCONJ
cblr-8638	694	9	there	there	PRON
cblr-8638	694	10	ever	ever	ADV
cblr-8638	694	11	was	be	AUX
cblr-8638	694	12	a	a	DET
cblr-8638	694	13	need	need	NOUN
cblr-8638	694	14	for	for	ADP
cblr-8638	694	15	a	a	DET
cblr-8638	694	16	statutory	statutory	ADJ
cblr-8638	694	17	regime	regime	NOUN
cblr-8638	694	18	of	of	ADP
cblr-8638	694	19	mandatory	mandatory	ADJ
cblr-8638	694	20	disclosure	disclosure	NOUN
cblr-8638	694	21	designed	design	VERB
cblr-8638	694	22	and	and	CCONJ
cblr-8638	694	23	enforced	enforce	VERB
cblr-8638	694	24	by	by	ADP
cblr-8638	694	25	the	the	DET
cblr-8638	694	26	sec	sec	PROPN
cblr-8638	694	27	,	,	PUNCT
cblr-8638	694	28	this	this	PRON
cblr-8638	694	29	need	need	VERB
cblr-8638	694	30	diminishes	diminish	VERB
cblr-8638	694	31	substantially	substantially	ADV
cblr-8638	694	32	as	as	SCONJ
cblr-8638	694	33	markets	market	NOUN
cblr-8638	694	34	become	become	VERB
cblr-8638	694	35	more	more	ADV
cblr-8638	694	36	efficient	efficient	ADJ
cblr-8638	694	37	.	.	PUNCT
cblr-8638	695	1	any	any	DET
cblr-8638	695	2	information	information	NOUN
cblr-8638	695	3	that	that	PRON
cblr-8638	695	4	was	be	AUX
cblr-8638	695	5	supplied	supply	VERB
cblr-8638	695	6	by	by	ADP
cblr-8638	695	7	the	the	DET
cblr-8638	695	8	force	force	NOUN
cblr-8638	695	9	of	of	ADP
cblr-8638	695	10	law	law	NOUN
cblr-8638	695	11	now	now	ADV
cblr-8638	695	12	would	would	AUX
cblr-8638	695	13	instead	instead	ADV
cblr-8638	695	14	be	be	AUX
cblr-8638	695	15	supplied	supply	VERB
cblr-8638	695	16	by	by	ADP
cblr-8638	695	17	the	the	DET
cblr-8638	695	18	markets	market	NOUN
cblr-8638	695	19	.	.	PUNCT
cblr-8638	696	1	the	the	DET
cblr-8638	696	2	sec	sec	PROPN
cblr-8638	696	3	thus	thus	ADV
cblr-8638	696	4	actively	actively	ADV
cblr-8638	696	5	works	work	VERB
cblr-8638	696	6	to	to	PART
cblr-8638	696	7	hinder	hinder	VERB
cblr-8638	696	8	the	the	DET
cblr-8638	696	9	market	market	NOUN
cblr-8638	696	10	’s	’s	PART
cblr-8638	696	11	ability	ability	NOUN
cblr-8638	696	12	to	to	PART
cblr-8638	696	13	create	create	VERB
cblr-8638	696	14	fair	fair	ADJ
cblr-8638	696	15	,	,	PUNCT
cblr-8638	696	16	efficient	efficient	ADJ
cblr-8638	696	17	markets	market	NOUN
cblr-8638	696	18	in	in	ADP
cblr-8638	696	19	order	order	NOUN
cblr-8638	696	20	to	to	PART
cblr-8638	696	21	maintain	maintain	VERB
cblr-8638	696	22	its	its	PRON
cblr-8638	696	23	own	own	ADJ
cblr-8638	696	24	relevance	relevance	NOUN
cblr-8638	696	25	.	.	PUNCT
cblr-8638	697	1	the	the	DET
cblr-8638	697	2	gamestop	gamestop	NOUN
cblr-8638	697	3	embroglio	embroglio	NOUN
cblr-8638	697	4	provides	provide	VERB
cblr-8638	697	5	a	a	DET
cblr-8638	697	6	vivid	vivid	ADJ
cblr-8638	697	7	illustration	illustration	NOUN
cblr-8638	697	8	of	of	ADP
cblr-8638	697	9	securities	security	NOUN
cblr-8638	697	10	regulation	regulation	NOUN
cblr-8638	697	11	in	in	ADP
cblr-8638	697	12	general	general	ADJ
cblr-8638	697	13	,	,	PUNCT
cblr-8638	697	14	and	and	CCONJ
cblr-8638	697	15	the	the	DET
cblr-8638	697	16	sec	sec	PROPN
cblr-8638	697	17	in	in	ADP
cblr-8638	697	18	particular	particular	ADJ
cblr-8638	697	19	,	,	PUNCT
cblr-8638	697	20	being	be	AUX
cblr-8638	697	21	part	part	NOUN
cblr-8638	697	22	of	of	ADP
cblr-8638	697	23	the	the	DET
cblr-8638	697	24	problem	problem	NOUN
cblr-8638	697	25	rather	rather	ADV
cblr-8638	697	26	than	than	ADP
cblr-8638	697	27	the	the	DET
cblr-8638	697	28	solution	solution	NOUN
cblr-8638	697	29	.	.	PUNCT
cblr-8638	698	1	the	the	DET
cblr-8638	698	2	solutions	solution	NOUN
cblr-8638	698	3	that	that	PRON
cblr-8638	698	4	the	the	DET
cblr-8638	698	5	sec	sec	PROPN
cblr-8638	698	6	would	would	AUX
cblr-8638	698	7	provide	provide	VERB
cblr-8638	698	8	both	both	DET
cblr-8638	698	9	hinder	hinder	NOUN
cblr-8638	698	10	market	market	NOUN
cblr-8638	698	11	efficiency	efficiency	NOUN
cblr-8638	698	12	and	and	CCONJ
cblr-8638	698	13	constrain	constrain	VERB
cblr-8638	698	14	market	market	NOUN
cblr-8638	698	15	participation	participation	NOUN
cblr-8638	698	16	to	to	ADP
cblr-8638	698	17	a	a	DET
cblr-8638	698	18	limited	limited	ADJ
cblr-8638	698	19	,	,	PUNCT
cblr-8638	698	20	elite	elite	ADJ
cblr-8638	698	21	few.178	few.178	NOUN
cblr-8638	698	22	for	for	ADP
cblr-8638	698	23	instance	instance	NOUN
cblr-8638	698	24	,	,	PUNCT
cblr-8638	698	25	the	the	DET
cblr-8638	698	26	sec	sec	PROPN
cblr-8638	698	27	could	could	AUX
cblr-8638	698	28	consider	consider	VERB
cblr-8638	698	29	curbing	curb	VERB
cblr-8638	698	30	short	short	ADJ
cblr-8638	698	31	selling	selling	NOUN
cblr-8638	698	32	.	.	PUNCT
cblr-8638	699	1	however	however	ADV
cblr-8638	699	2	,	,	PUNCT
cblr-8638	699	3	this	this	PRON
cblr-8638	699	4	would	would	AUX
cblr-8638	699	5	have	have	VERB
cblr-8638	699	6	a	a	DET
cblr-8638	699	7	potentially	potentially	ADV
cblr-8638	699	8	devastating	devastating	ADJ
cblr-8638	699	9	effect	effect	NOUN
cblr-8638	699	10	on	on	ADP
cblr-8638	699	11	market	market	NOUN
cblr-8638	699	12	efficiency	efficiency	NOUN
cblr-8638	699	13	by	by	ADP
cblr-8638	699	14	eliminating	eliminate	VERB
cblr-8638	699	15	the	the	DET
cblr-8638	699	16	market	market	NOUN
cblr-8638	699	17	’s	’s	PART
cblr-8638	699	18	most	most	ADV
cblr-8638	699	19	direct	direct	ADJ
cblr-8638	699	20	and	and	CCONJ
cblr-8638	699	21	powerful	powerful	ADJ
cblr-8638	699	22	device	device	NOUN
cblr-8638	699	23	for	for	ADP
cblr-8638	699	24	identifying	identify	VERB
cblr-8638	699	25	fraud	fraud	NOUN
cblr-8638	699	26	and	and	CCONJ
cblr-8638	699	27	mispriced	misprice	VERB
cblr-8638	699	28	(	(	PUNCT
cblr-8638	699	29	overvalued	overvalue	VERB
cblr-8638	699	30	)	)	PUNCT
cblr-8638	699	31	companies.179	companies.179	NOUN
cblr-8638	699	32	the	the	DET
cblr-8638	699	33	sec	sec	PROPN
cblr-8638	699	34	could	could	AUX
cblr-8638	699	35	also	also	ADV
cblr-8638	699	36	choose	choose	VERB
cblr-8638	699	37	to	to	PART
cblr-8638	699	38	curb	curb	VERB
cblr-8638	699	39	retail	retail	ADJ
cblr-8638	699	40	trading	trading	NOUN
cblr-8638	699	41	by	by	ADP
cblr-8638	699	42	hunting	hunt	VERB
cblr-8638	699	43	down	down	ADP
cblr-8638	699	44	those	those	PRON
cblr-8638	699	45	who	who	PRON
cblr-8638	699	46	traded	trade	VERB
cblr-8638	699	47	in	in	ADP
cblr-8638	699	48	gamestop	gamestop	ADJ
cblr-8638	699	49	shares	share	NOUN
cblr-8638	699	50	and	and	CCONJ
cblr-8638	699	51	charging	charge	VERB
cblr-8638	699	52	them	they	PRON
cblr-8638	699	53	with	with	ADP
cblr-8638	699	54	market	market	NOUN
cblr-8638	699	55	manipulation	manipulation	NOUN
cblr-8638	699	56	.	.	PUNCT
cblr-8638	700	1	this	this	DET
cblr-8638	700	2	second	second	ADJ
cblr-8638	700	3	course	course	NOUN
cblr-8638	700	4	of	of	ADP
cblr-8638	700	5	action	action	NOUN
cblr-8638	700	6	is	be	AUX
cblr-8638	700	7	precisely	precisely	ADV
cblr-8638	700	8	what	what	PRON
cblr-8638	700	9	the	the	DET
cblr-8638	700	10	sec	sec	PROPN
cblr-8638	700	11	and	and	CCONJ
cblr-8638	700	12	other	other	ADJ
cblr-8638	700	13	regulators	regulator	NOUN
cblr-8638	700	14	appear	appear	VERB
cblr-8638	700	15	to	to	PART
cblr-8638	700	16	be	be	AUX
cblr-8638	700	17	doing	do	VERB
cblr-8638	700	18	today.180	today.180	NOUN
cblr-8638	700	19	it	it	PRON
cblr-8638	700	20	is	be	AUX
cblr-8638	700	21	difficult	difficult	ADJ
cblr-8638	700	22	to	to	PART
cblr-8638	700	23	imagine	imagine	VERB
cblr-8638	700	24	that	that	SCONJ
cblr-8638	700	25	even	even	ADV
cblr-8638	700	26	the	the	DET
cblr-8638	700	27	sec	sec	PROPN
cblr-8638	700	28	would	would	AUX
cblr-8638	700	29	pursue	pursue	VERB
cblr-8638	700	30	a	a	DET
cblr-8638	700	31	strategy	strategy	NOUN
cblr-8638	700	32	of	of	ADP
cblr-8638	700	33	suing	sue	VERB
cblr-8638	700	34	the	the	DET
cblr-8638	700	35	very	very	ADV
cblr-8638	700	36	retail	retail	ADJ
cblr-8638	700	37	investors	investor	NOUN
cblr-8638	700	38	that	that	SCONJ
cblr-8638	700	39	they	they	PRON
cblr-8638	700	40	ostensibly	ostensibly	ADV
cblr-8638	700	41	are	be	AUX
cblr-8638	700	42	protecting	protect	VERB
cblr-8638	700	43	.	.	PUNCT
cblr-8638	701	1	but	but	CCONJ
cblr-8638	701	2	stranger	strange	ADJ
cblr-8638	701	3	things	thing	NOUN
cblr-8638	701	4	have	have	AUX
cblr-8638	701	5	happened	happen	VERB
cblr-8638	701	6	.	.	PUNCT
cblr-8638	702	1	iii	iii	X
cblr-8638	702	2	.	.	PUNCT
cblr-8638	702	3	conclusion	conclusion	NOUN
cblr-8638	702	4	the	the	DET
cblr-8638	702	5	gamestop	gamestop	NOUN
cblr-8638	702	6	story	story	NOUN
cblr-8638	702	7	is	be	AUX
cblr-8638	702	8	,	,	PUNCT
cblr-8638	702	9	by	by	ADP
cblr-8638	702	10	now	now	ADV
cblr-8638	702	11	,	,	PUNCT
cblr-8638	702	12	the	the	DET
cblr-8638	702	13	stuff	stuff	NOUN
cblr-8638	702	14	of	of	ADP
cblr-8638	702	15	legend	legend	NOUN
cblr-8638	702	16	.	.	PUNCT
cblr-8638	703	1	but	but	CCONJ
cblr-8638	703	2	the	the	DET
cblr-8638	703	3	story	story	NOUN
cblr-8638	703	4	is	be	AUX
cblr-8638	703	5	well	well	ADV
cblr-8638	703	6	worth	worth	ADJ
cblr-8638	703	7	recounting	recount	VERB
cblr-8638	703	8	.	.	PUNCT
cblr-8638	704	1	it	it	PRON
cblr-8638	704	2	is	be	AUX
cblr-8638	704	3	a	a	DET
cblr-8638	704	4	tale	tale	NOUN
cblr-8638	704	5	of	of	ADP
cblr-8638	704	6	how	how	SCONJ
cblr-8638	704	7	common	common	ADJ
cblr-8638	704	8	retail	retail	ADJ
cblr-8638	704	9	investors	investor	NOUN
cblr-8638	704	10	across	across	ADP
cblr-8638	704	11	the	the	DET
cblr-8638	704	12	country	country	NOUN
cblr-8638	704	13	rose	rise	VERB
cblr-8638	704	14	up	up	ADP
cblr-8638	704	15	together	together	ADV
cblr-8638	704	16	and	and	CCONJ
cblr-8638	704	17	brought	bring	VERB
cblr-8638	704	18	andrew	andrew	PROPN
cblr-8638	704	19	left	leave	VERB
cblr-8638	704	20	and	and	CCONJ
cblr-8638	704	21	his	his	PRON
cblr-8638	704	22	mighty	mighty	ADJ
cblr-8638	704	23	hedge	hedge	NOUN
cblr-8638	704	24	fund	fund	PROPN
cblr-8638	704	25	melvin	melvin	PROPN
cblr-8638	704	26	capital	capital	PROPN
cblr-8638	704	27	to	to	ADP
cblr-8638	704	28	its	its	PRON
cblr-8638	704	29	178	178	NUM
cblr-8638	704	30	on	on	ADP
cblr-8638	704	31	some	some	DET
cblr-8638	704	32	solutions	solution	NOUN
cblr-8638	704	33	under	under	ADP
cblr-8638	704	34	consideration	consideration	NOUN
cblr-8638	704	35	by	by	ADP
cblr-8638	704	36	the	the	DET
cblr-8638	704	37	sec	sec	PROPN
cblr-8638	704	38	,	,	PUNCT
cblr-8638	704	39	see	see	VERB
cblr-8638	704	40	katanga	katanga	PROPN
cblr-8638	704	41	johnson	johnson	PROPN
cblr-8638	704	42	,	,	PUNCT
cblr-8638	704	43	u.s	u.s	PROPN
cblr-8638	704	44	.	.	PROPN
cblr-8638	704	45	sec	sec	PROPN
cblr-8638	704	46	chair	chair	NOUN
cblr-8638	704	47	says	say	VERB
cblr-8638	704	48	reviewing	review	VERB
cblr-8638	704	49	short	short	ADJ
cblr-8638	704	50	-	-	PUNCT
cblr-8638	704	51	selling	selling	NOUN
cblr-8638	704	52	,	,	PUNCT
cblr-8638	704	53	swap	swap	NOUN
cblr-8638	704	54	rules	rule	NOUN
cblr-8638	704	55	after	after	ADP
cblr-8638	704	56	gamestop	gamestop	NOUN
cblr-8638	704	57	,	,	PUNCT
cblr-8638	704	58	archegos	archego	NOUN
cblr-8638	704	59	sagas	saga	NOUN
cblr-8638	704	60	,	,	PUNCT
cblr-8638	704	61	yahoo	yahoo	PROPN
cblr-8638	704	62	!	!	PUNCT
cblr-8638	704	63	:	:	PUNCT
cblr-8638	705	1	fin	fin	NOUN
cblr-8638	705	2	.	.	PUNCT
cblr-8638	706	1	(	(	PUNCT
cblr-8638	706	2	may	may	PROPN
cblr-8638	706	3	5	5	NUM
cblr-8638	706	4	,	,	PUNCT
cblr-8638	706	5	2021	2021	NUM
cblr-8638	706	6	)	)	PUNCT
cblr-8638	706	7	,	,	PUNCT
cblr-8638	706	8	https://finance.yahoo.com/news/u-sec-chief-plans-scrutinize-183900055.html	https://finance.yahoo.com/news/u-sec-chief-plans-scrutinize-183900055.html	NOUN
cblr-8638	707	1	[	[	X
cblr-8638	707	2	https://perma.cc/yg5h-39mn	https://perma.cc/yg5h-39mn	X
cblr-8638	707	3	]	]	X
cblr-8638	707	4	.	.	PUNCT
cblr-8638	708	1	179	179	NUM
cblr-8638	708	2	see	see	VERB
cblr-8638	708	3	supra	supra	PROPN
cblr-8638	708	4	note	note	PROPN
cblr-8638	708	5	77	77	NUM
cblr-8638	708	6	and	and	CCONJ
cblr-8638	708	7	accompanying	accompany	VERB
cblr-8638	708	8	text	text	NOUN
cblr-8638	708	9	.	.	PUNCT
cblr-8638	709	1	180	180	NUM
cblr-8638	709	2	see	see	VERB
cblr-8638	709	3	supra	supra	PROPN
cblr-8638	709	4	note	note	PROPN
cblr-8638	709	5	70	70	NUM
cblr-8638	709	6	and	and	CCONJ
cblr-8638	709	7	accompanying	accompany	VERB
cblr-8638	709	8	text	text	NOUN
cblr-8638	709	9	.	.	PUNCT
cblr-8638	710	1	macey	macey	PROPN
cblr-8638	710	2	8/22/2021	8/22/2021	NUM
cblr-8638	710	3	3:47	3:47	NUM
cblr-8638	710	4	pm	pm	NOUN
cblr-8638	710	5	no	no	INTJ
cblr-8638	710	6	.	.	PUNCT
cblr-8638	711	1	2:796	2:796	NUM
cblr-8638	711	2	]	]	X
cblr-8638	711	3	securities	security	NOUN
cblr-8638	711	4	regulation	regulation	NOUN
cblr-8638	711	5	and	and	CCONJ
cblr-8638	711	6	class	class	NOUN
cblr-8638	711	7	warfare	warfare	NOUN
cblr-8638	711	8	839	839	NUM
cblr-8638	711	9	knees	knee	NOUN
cblr-8638	711	10	.	.	PUNCT
cblr-8638	712	1	the	the	DET
cblr-8638	712	2	glitch	glitch	NOUN
cblr-8638	712	3	in	in	ADP
cblr-8638	712	4	the	the	DET
cblr-8638	712	5	story	story	NOUN
cblr-8638	712	6	is	be	AUX
cblr-8638	712	7	that	that	SCONJ
cblr-8638	712	8	those	those	PRON
cblr-8638	712	9	who	who	PRON
cblr-8638	712	10	were	be	AUX
cblr-8638	712	11	shorting	short	VERB
cblr-8638	712	12	gamestop	gamestop	NOUN
cblr-8638	712	13	were	be	AUX
cblr-8638	712	14	not	not	PART
cblr-8638	712	15	villains	villain	NOUN
cblr-8638	712	16	,	,	PUNCT
cblr-8638	712	17	because	because	SCONJ
cblr-8638	712	18	there	there	PRON
cblr-8638	712	19	is	be	VERB
cblr-8638	712	20	nothing	nothing	PRON
cblr-8638	712	21	villainous	villainous	ADJ
cblr-8638	712	22	about	about	ADP
cblr-8638	712	23	shorting	shorting	NOUN
cblr-8638	712	24	stock	stock	NOUN
cblr-8638	712	25	.	.	PUNCT
cblr-8638	713	1	the	the	DET
cblr-8638	713	2	only	only	ADJ
cblr-8638	713	3	ethically	ethically	ADV
cblr-8638	713	4	problematic	problematic	ADJ
cblr-8638	713	5	aspect	aspect	NOUN
cblr-8638	713	6	of	of	ADP
cblr-8638	713	7	what	what	PRON
cblr-8638	713	8	the	the	DET
cblr-8638	713	9	gamestop	gamestop	ADJ
cblr-8638	713	10	short	short	ADJ
cblr-8638	713	11	sellers	seller	NOUN
cblr-8638	713	12	were	be	AUX
cblr-8638	713	13	doing	do	VERB
cblr-8638	713	14	was	be	AUX
cblr-8638	713	15	their	their	PRON
cblr-8638	713	16	apparent	apparent	ADJ
cblr-8638	713	17	attempt	attempt	NOUN
cblr-8638	713	18	to	to	PART
cblr-8638	713	19	attract	attract	VERB
cblr-8638	713	20	followers	follower	NOUN
cblr-8638	713	21	to	to	ADP
cblr-8638	713	22	their	their	PRON
cblr-8638	713	23	cause	cause	NOUN
cblr-8638	713	24	by	by	ADP
cblr-8638	713	25	publicizing	publicize	VERB
cblr-8638	713	26	their	their	PRON
cblr-8638	713	27	negative	negative	ADJ
cblr-8638	713	28	views	view	NOUN
cblr-8638	713	29	about	about	ADP
cblr-8638	713	30	that	that	DET
cblr-8638	713	31	company	company	NOUN
cblr-8638	713	32	.	.	PUNCT
cblr-8638	714	1	this	this	PRON
cblr-8638	714	2	,	,	PUNCT
cblr-8638	714	3	of	of	ADP
cblr-8638	714	4	course	course	NOUN
cblr-8638	714	5	,	,	PUNCT
cblr-8638	714	6	is	be	AUX
cblr-8638	714	7	no	no	ADV
cblr-8638	714	8	different	different	ADJ
cblr-8638	714	9	than	than	ADP
cblr-8638	714	10	what	what	PRON
cblr-8638	714	11	those	those	PRON
cblr-8638	714	12	posting	post	VERB
cblr-8638	714	13	on	on	ADP
cblr-8638	714	14	reddit	reddit	NOUN
cblr-8638	714	15	were	be	AUX
cblr-8638	714	16	doing	do	VERB
cblr-8638	714	17	.	.	PUNCT
cblr-8638	715	1	if	if	SCONJ
cblr-8638	715	2	the	the	DET
cblr-8638	715	3	retail	retail	ADJ
cblr-8638	715	4	traders	trader	NOUN
cblr-8638	715	5	are	be	AUX
cblr-8638	715	6	subjected	subject	VERB
cblr-8638	715	7	to	to	ADP
cblr-8638	715	8	enforcement	enforcement	NOUN
cblr-8638	715	9	actions	action	NOUN
cblr-8638	715	10	by	by	ADP
cblr-8638	715	11	regulators	regulator	NOUN
cblr-8638	715	12	,	,	PUNCT
cblr-8638	715	13	then	then	ADV
cblr-8638	715	14	the	the	DET
cblr-8638	715	15	hedge	hedge	NOUN
cblr-8638	715	16	funds	fund	NOUN
cblr-8638	715	17	traders	trader	NOUN
cblr-8638	715	18	should	should	AUX
cblr-8638	715	19	be	be	AUX
cblr-8638	715	20	similarly	similarly	ADV
cblr-8638	715	21	pursued	pursue	VERB
cblr-8638	715	22	.	.	PUNCT
cblr-8638	716	1	more	more	ADV
cblr-8638	716	2	broadly	broadly	ADV
cblr-8638	716	3	,	,	PUNCT
cblr-8638	716	4	the	the	DET
cblr-8638	716	5	gamestop	gamestop	NOUN
cblr-8638	716	6	episode	episode	NOUN
cblr-8638	716	7	provides	provide	VERB
cblr-8638	716	8	a	a	DET
cblr-8638	716	9	valuable	valuable	ADJ
cblr-8638	716	10	opportunity	opportunity	NOUN
cblr-8638	716	11	to	to	PART
cblr-8638	716	12	reflect	reflect	VERB
cblr-8638	716	13	on	on	ADP
cblr-8638	716	14	the	the	DET
cblr-8638	716	15	notion	notion	NOUN
cblr-8638	716	16	that	that	SCONJ
cblr-8638	716	17	securities	security	NOUN
cblr-8638	716	18	regulation	regulation	NOUN
cblr-8638	716	19	can	can	AUX
cblr-8638	716	20	promote	promote	VERB
cblr-8638	716	21	the	the	DET
cblr-8638	716	22	goals	goal	NOUN
cblr-8638	716	23	of	of	ADP
cblr-8638	716	24	achieving	achieve	VERB
cblr-8638	716	25	fair	fair	ADJ
cblr-8638	716	26	,	,	PUNCT
cblr-8638	716	27	orderly	orderly	ADJ
cblr-8638	716	28	,	,	PUNCT
cblr-8638	716	29	and	and	CCONJ
cblr-8638	716	30	efficient	efficient	ADJ
cblr-8638	716	31	capital	capital	NOUN
cblr-8638	716	32	markets	market	NOUN
cblr-8638	716	33	.	.	PUNCT
cblr-8638	717	1	markets	market	NOUN
cblr-8638	717	2	are	be	AUX
cblr-8638	717	3	not	not	PART
cblr-8638	717	4	,	,	PUNCT
cblr-8638	717	5	by	by	ADP
cblr-8638	717	6	nature	nature	NOUN
cblr-8638	717	7	,	,	PUNCT
cblr-8638	717	8	particularly	particularly	ADV
cblr-8638	717	9	fair	fair	ADJ
cblr-8638	717	10	and	and	CCONJ
cblr-8638	717	11	orderly	orderly	ADJ
cblr-8638	717	12	.	.	PUNCT
cblr-8638	718	1	to	to	ADP
cblr-8638	718	2	a	a	DET
cblr-8638	718	3	large	large	ADJ
cblr-8638	718	4	extent	extent	NOUN
cblr-8638	718	5	,	,	PUNCT
cblr-8638	718	6	“	"	PUNCT
cblr-8638	718	7	fairness	fairness	NOUN
cblr-8638	718	8	”	"	PUNCT
cblr-8638	718	9	in	in	ADP
cblr-8638	718	10	the	the	DET
cblr-8638	718	11	context	context	NOUN
cblr-8638	718	12	of	of	ADP
cblr-8638	718	13	investor	investor	NOUN
cblr-8638	718	14	protection	protection	NOUN
cblr-8638	718	15	in	in	ADP
cblr-8638	718	16	capital	capital	NOUN
cblr-8638	718	17	markets	market	NOUN
cblr-8638	718	18	means	mean	VERB
cblr-8638	718	19	that	that	SCONJ
cblr-8638	718	20	investors	investor	NOUN
cblr-8638	718	21	receive	receive	VERB
cblr-8638	718	22	fair	fair	ADJ
cblr-8638	718	23	market	market	NOUN
cblr-8638	718	24	value	value	NOUN
cblr-8638	718	25	for	for	ADP
cblr-8638	718	26	the	the	DET
cblr-8638	718	27	financial	financial	ADJ
cblr-8638	718	28	assets	asset	NOUN
cblr-8638	718	29	they	they	PRON
cblr-8638	718	30	buy	buy	VERB
cblr-8638	718	31	and	and	CCONJ
cblr-8638	718	32	sell	sell	VERB
cblr-8638	718	33	.	.	PUNCT
cblr-8638	719	1	as	as	ADP
cblr-8638	719	2	such	such	ADJ
cblr-8638	719	3	,	,	PUNCT
cblr-8638	719	4	it	it	PRON
cblr-8638	719	5	is	be	AUX
cblr-8638	719	6	efficient	efficient	ADJ
cblr-8638	719	7	markets	market	NOUN
cblr-8638	719	8	,	,	PUNCT
cblr-8638	719	9	not	not	PART
cblr-8638	719	10	regulation	regulation	NOUN
cblr-8638	719	11	,	,	PUNCT
cblr-8638	719	12	that	that	PRON
cblr-8638	719	13	generate	generate	VERB
cblr-8638	719	14	fairness	fairness	NOUN
cblr-8638	719	15	for	for	ADP
cblr-8638	719	16	investors	investor	NOUN
cblr-8638	719	17	.	.	PUNCT
cblr-8638	720	1	unfortunately	unfortunately	ADV
cblr-8638	720	2	efficient	efficient	ADJ
cblr-8638	720	3	markets	market	NOUN
cblr-8638	720	4	are	be	AUX
cblr-8638	720	5	a	a	DET
cblr-8638	720	6	threat	threat	NOUN
cblr-8638	720	7	to	to	ADP
cblr-8638	720	8	regulators	regulator	NOUN
cblr-8638	720	9	because	because	SCONJ
cblr-8638	720	10	in	in	ADP
cblr-8638	720	11	efficient	efficient	ADJ
cblr-8638	720	12	markets	market	NOUN
cblr-8638	720	13	regulators	regulator	NOUN
cblr-8638	720	14	simply	simply	ADV
cblr-8638	720	15	are	be	AUX
cblr-8638	720	16	unnecessary	unnecessary	ADJ
cblr-8638	720	17	.	.	PUNCT