Securities,
Administrative/Regulatory
Mar. 8, 2021
Will the SEC expand the definition of a pump-and-dump?
The recent GameStop/Robinhood stock trading saga has proved resistant to easy analysis or quick conclusions, both dividing and uniting opinion in unexpected ways.
The recent GameStop/Robinhood stock trading saga has proved resistant to easy analysis or quick conclusions, both dividing and uniting opinion in unexpected ways. After all, how many things do Ted Cruz and Alexandria Ocasio-Cortez agree on? Yet both here called for a congressional inquiry into those events -- and that inquiry itself proved fascinating, but with few obvious takeaways. One thing that does appear clear is that customer claims against Robinhood for its te...
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