Ever since Robinhood HOOD, +0.24% halted trading connected meme stocks similar GameStop GME, -0.30% and AMC Entertainment AMC, +1.67% astatine the chaotic apex of January’s chaotic meme banal trading frenzy, retail investors and Wall Street person been waiting with bated enactment to spot however regulators volition respond.
And portion February’s entertaining if bizarre Congressional hearings gave the nationalist a model into however the meme banal craze is viewed wrong The Beltway, it remains to beryllium seen however SEC main Gary Gensler, an erstwhile Goldman Sachs enforcement known for taking heavy-handed stances connected marketplace misfunctions, volition enactment connected things similar outgo for bid travel and what appears to beryllium immoderate unusual information connected abbreviated selling.
But portion we wait, wherefore not gossip astir it with idiosyncratic who has an adept consciousness of what mightiness beryllium coming down the pike?
On this occurrence of MemeMarkets, I talked to my MarketWatch workfellow Chris Matthews about what mightiness beryllium successful this SEC study and who should beryllium slightest excited to work it.
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