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Lawmakers announce hearings on GameStop and online trading platforms

Lawmakers announce hearings on GameStop and online trading platforms

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/01/28/gamestop-hearings-congress-waters-robinhood/

The GameStop short squeeze saga caught the attention of Congress Thursday morning and that buzz is already panning out into hearings on the topic.

Rep. Maxine Waters (D-CA), chairwoman of the House Committee on Financial Services, announced plans for an investigation into the situation, pointing to a history of “predatory conduct” from hedge funds.