Vlad Tenev is likely to be made to explain his company s actions last week
The brokerage put limits on peoples trading and sold some customers shares
That led to accusations it was in the tank for hedge funds that had bet against GameStop after their shares rose more than 1,600 percent
Maxine Waters, the California Democrat who is the powerful head of the House Financial Services Committee, is likely to call Tenev on February 18
It comes as the leader of the Reddit army that poured into GameStop is said to have lost $5 million on his bet today as shares in the retailer dropped 31%
Wall St. rebounds as small-time traders turn to silver
By Devik Jain and Medha Singh
Reuters
(Reuters) - Wall Street s main indexes climbed on Monday following a steep sell-off last week, as a shift in the retail trading frenzy to silver drove up mining stocks and investors monitored progress in talks over economic stimulus.
The iShares Silver Trust ETF, the largest silver-backed ETF, jumped 7.2% as silver broke above $30 an ounce for the first time since 2013 with an army of retail traders storming into the metal after betting billions of dollars on stocks last week.
Silver miners Hecla Mining Co, Coeur Mining Inc and Wheaton Precious Metals Corp surged between 5% and 26%.
Wall Street ends up sharply, led by gains in tech shares metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
Adventus Mining Corporation ( Adventus ) (TSXV: ADZN) (OTCQX: ADVZF) and
Salazar Resources Limited ( Salazar ) (TSXV: SRL) (collectively the Partners ) are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling continues at El Domo with two diamond drill rigs with 19 infill definition drill holes having been successfully completed totaling 1,999 metres from the planned 4,960 metres, and two drill holes in progress totaling a further 21.2 metres completed. In addition, the Partners are pleased to provide an update on 2021 exploration and development plans at their three copper-gold projects in Ecuador – Curipamba (containing El Domo), Pijili and Santiago.