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Watch live: SEC Chair Gary Gensler testifies before House on GameStop, RobinhoodIn January, the major brokers were embroiled in an epic short squeeze in GameStop, which was partially fueled by Reddit-driven retail investors.
Source: CNBC - 🏆 12. / 72 Read more »
SEC Chair Gary Gensler raises concerns about Robinhood, trading gamification and social media hypeThis is the third House hearing focused on GameStop, but this is Gensler's first appearance as chairman before the Committee. YUP.. NOTHING ABOUT THE REAL PROBLEM OF SHORTING AND HEDGE FUND MANIPULATION. TYPICAL POLITICIAN. CROOKED!! In other words fuck the freedoms of retail investors... the cronies are hating all this right now and they are getting the helping hand from government to make it happen. Is he concerned about musks tweets on Tesla, Bitcoin? Woods tweets about Ark?
Source: CNBC - 🏆 12. / 72 Read more »
SEC Chairman Gary Gensler says more investor protections are needed for bitcoin and crypto marketsGary Gensler said on CNBC's 'Squawk Box' that the U.S. needs 'greater investor protection' for cryptocurrency trading. They should go after the STONKMARKET first and regulate the WALLSTREET !! It’s s rigged game BS... keep out GOV'T Bitcoin protects me from the 'protectors' good enough.
Source: CNBC - 🏆 12. / 72 Read more »
SEC Chair Gensler: Agency is looking at retail brokerage apps, how they make money on trades“There is a little bit of a conflict of interest,” SEC Chair Gary Gensler says about zero commissions and payment for order flow. He discusses apps like Robinhood and the gamification of trading. GaryGensIer
Source: CNBC - 🏆 12. / 72 Read more »
U.S. SEC chair pledges trading rules review in first Congressional hearingThe new chair of the U.S. securities regulator on Thursday told lawmakers the agency is considering new trading rules as it looks to address problems highlighted by this year's GameStop Corp (GME.N) saga and the meltdown of private fund Archegos Capital.
Source: Reuters - 🏆 2. / 97 Read more »