SEC Chair Directs Staff to Consider New Rules to Manage Risks Highlighted by Game-Like Trading Apps | Bryan Cave Leighton Paisner
To embed, copy and paste the code into your website or blog: SEC Chair Gary Gensler testified yesterday before the House Committee on Financial Services about the SEC’s efforts to assess and address the market volatility that occurred in GameStop and other “meme stocks” resulting in significant price volatility and trading volume spikes earlier this year. Gensler said the SEC is working to determine, in the face of changes in technology and finance, how to continue to achieve core public policy goals while ensuring that the markets work for everyday investors. Gensler cited seven fa...
Source: jdsupra.com