I wonder how long this fellow will be around, does he have nothing better to do than act on his resentment, if this is what he does business wise just in this small thing I wonder how the man rules the rest of his life ?

The stress may get to him and medical issues will take over.

On another note it may be worthwhile checking if the sec does even care about this, I don't have level 2 and I believe thats where the identity of the mm is made known, if there is a definite pattern and it is against regulations and it can be proven by records then why not report him.