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Regulators Eye GameStop Fiasco In Multi-Agency Probe
Soon, America will be subjected to congressional hearings on the GameStop saga, apparently featuring a colorful cast of characters that may or may not include Keith Gill (a.k.a., "Roaring Kitty").
On Thursday, The New York Times cited Reddit CEO Steve Huffman in saying the company plans to participate. Ken Griffin might be there too.
Securities regulators in Massachusetts issued a subpoena this week for Kitty's testimony. Officials are interested in his resignation from MassMutual, which said
There is undue manipulation in the financial markets. I’m shocked and appalled!
Pretty sure Elizabeth Warren will focus on people like the 20 year old male who killed himself after seeing a negative $700,000 balance in his trading account with no-one at Robinhood available to talk with him about it.