to testify before Congress next week, including the CEOs of Robinhood, Citadel, Melvin Capital and Reddit.before the House Select Subcommittee on the Coronavirus Crisis, on Capitol Hill on October 2, 2020 in Washington, DC.The House Committee on Financial Services will hold the hearing on February 18, and will focus on “short selling, online trading platforms, gamification and their systemic impact on our capital markets and retail investors,” chair Rep. Maxine Waters said.
Robinhood faced bipartisan backlash for temporarily suspending trading of GameStop and other so-called meme stocks, which critics say prevented its day-trading customers from cashing in on the market frenzy. Hedge fund Melvin Capital was one of GameStop’s largest short sellers, and received a $2 billion cash infusion from another hedge fund, Citadel, as it suffered massive losses when Reddit traders helped drive up the price of the stock. Ken Griffin, has also come under scrutiny because Citadel Securities, which operates separately from the hedge fund but was also founded by Griffin, buys Robinhood’s order flow.
millions as the stock came back down to earth. At its height, GameStop shares were priced at $348. On Friday, they were trading at $52.Keith Gill, under the username u/DeepFuckingValue and Roaring Kitty, will also be testifying next week, Waters said. Gill is credited with helping to start the GameStop craze, but his actions are under
Auntie Maxine—is that a pet name, safe word, an homáge to that awful Auntie Mame musical character, or an allusion to Uncle Tom? The mind reels.
LET´S BUY BITCOIN - ETHEREUM - AND MIOTA!!! LET'S TALK WITH blackrock Fidelity Vanguard_Group MorganStanley GoldmanSachs maxkeiser citi RoyalFamily JarredWinn Cristiano mackenziescott BillGates 50cent elonmusk TO CREATE A CRYPTOCURRENCY INVESTMENT FUND!!!
RBH should Deeply be investigated there’s millions to make for FED
Keep fighting Maxine! Say it again and fight, fight for what is right.
Behind every successful person there is alway a man/ woman trade with Charloteamelia7 is the woman behind my success story😘 thanks for giving me hope... Once again trade with Charloteamelia7 💯 guaranteed
Stop living from paycheck to paycheck come make money from home.. Stay at home and make money online!, Receive $5,500 every week (1)No referral needed (2)No hidden fees (3) No scam, DM Rolandwolf186 and get started today
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.