Yes Sir, that is correct: the traders – some not all - will get hubris and try to corner their little part of the market. The regulators catch some of them, some times the risk manages stop them, and eventually the market itself will catch up with them and close out their position. The bad apples broker/dealer/advisors get on the SEC’s list, but in most cases and for a very large volume of trades over history there is no manipulation, just exchange transactions between buyer and seller, that facilitate the wheels of commerce and for wages to be earned by employees who have jobs. I hate white collar crime, fraud, and crooked securities dealers. The remainder of the securities business and the reps in the field are not all crooks. If so, then my father, two brothers, self, two sons, two nephews, and cousins are very bad Christians, Episcopal and Catholic parishioners.