NYSE president Stacey Cunningham says the stock market is not a casino - and exchange officials have not been asked to testify at the upcoming GameStop hearing
NYSE president Stacey Cunningham told Axios in a recent interview that investing in the stock market does not resemble gambling. "The markets are not a casino," she told Axios' Dan Primack. "They are highly regulated and they're highly overseen. We are running a market that provides opportunities for investors to come in, invest in the companies they believe in, they believe that are gonna grow, and then share in that wealth creation." Senator Elizabeth Warren last month slammed hedge funds and investors who criticized traders driving up GameStop for treating the stock market like a casino...