Retail investors banded together on social media in January to drive GameStop to astronomical levels, badly hurting hedge funds that were betting against the stock in the process. Photo: EPA-EFE
Retail investors banded together on social media in January to drive GameStop to astronomical levels, badly hurting hedge funds that were betting against the stock in the process. Photo: EPA-EFE
Stocks

US regulators mull new rules that could threaten Robinhood, Citadel

  • SEC’s Gary Gensler shines spotlight on online brokerages and market makers that dominate the business of executing retail investors’ equity orders
  • Many SEC regulations were approved long before social media, real-time trading and smartphones transformed the stock market

Retail investors banded together on social media in January to drive GameStop to astronomical levels, badly hurting hedge funds that were betting against the stock in the process. Photo: EPA-EFE
Retail investors banded together on social media in January to drive GameStop to astronomical levels, badly hurting hedge funds that were betting against the stock in the process. Photo: EPA-EFE
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