Welcome to GameStop on Capitol Hill, round two. Maxine Waters, the chairwoman of the House Financial Services Committee, told the gathering Wednesday morning (March 17) that this second go-round would be absent some of the celebs made by the Game Stop trading controversy like Vlad...
Your favorite celebrities? Follow them on Insta. Follow them on TikTok. Just don’t follow them into SPACs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Costs related to the integration of Refinitiv and the London Stock Exchange Group (LSEG) likely “spooked” analysts, causing shares to fall Friday morning (March 5), despite an increase in profits and revenue, Reuters reported. Get the Full Story Complete the form to unlock this article...
The U.S. House Committee on Financial Services will hold a second hearing on the Wall Street trading debacle that involved GameStop, Reddit, Robinhood and hedge fund traders, Crowdfund Insider reported on Friday (Feb. 26). Get the Full Story Complete the form to unlock this article and...
To settle probes into its options trading processes and the downtime that its equity trading app faced last year, Robinhood Markets Inc. is in discussions to pay a financial penalty, The Wall Street Journal reported, citing a securities document. The Financial Industry Regulatory Authority (FINRA),...
Robinhood CEO Vlad Tenev grew up in Washington, D.C. On Thursday (Feb. 18), the Silicon Valley executive at the heart of the biggest stock market crisis since 2008 returned home to face the U.S. House of Representatives Committee on Financial Services and its chairwoman, Rep. Maxine...
The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks got the attention of federal regulators who are now investigating the rally for market manipulation or other misconduct, The Wall Street Journal reported on Tuesday (Feb. 11), citing sources. Get the Full...
A congressional hearing planned for Feb. 18 about Robinhood’s GameStop trading debacle is expected to get testimony from Robinhood, Melvin Capital and Citadel Securities, Reuters reported on Wednesday (Feb. 10) citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Cannabis stocks are lighting up the exchanges as the Reddit forum that recently boosted so-called “meme” shares now turns an eye on a fresh crop of companies, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
