New Congressional Report On GameStop Trading Frenzy Rips Robinhood For 'Troubling Business Practices, Inadequate Risk Management'
New Congressional Report On GameStop Trading Frenzy Rips Robinhood For 'Troubling Business Practices, Inadequate Risk Management'
On Friday, the House Financial Services Committee released a report on the 2021 stock market drama surrounding Reddit's WallStreetBets, the trading app Robinhood Markets Inc (NASDAQ:HOOD), trading firm Citadel Securities and high-flying stocks like GameStop Corp. (NYSE:GME).
What Happened? Congresswoman Maxine Waters (D-CA), chairwoman of the HFSC, released a new report entitled "Game Stopped: How the Meme Stock Market Event Exposed Troubling Business Practices, Inadequate Risk Management, and the Need for Regulatory and Legislative Reform."
Related Link: SEC Chair Gensler Proposes 'Open And Transparent Auctions' As Alternative To Controversial Payment For Order Flow
In the report...
譯文內容由第三人軟體翻譯。
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