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98%  
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  • GameStop Short Squeeze Is No Excuse For Bad Legislation

    02/12/2021 10:36:08 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | February 12, 2021 | Andrew Wilford
    As the WallStreetBets saga that has so captivated both Wall Street and social media has come to its roller-coaster conclusion, brokerage platforms such as Robinhood and TD Ameritrade now have the legacy of restricting trading of high-volatility stocks. But while brokers are attempting to address the problem on their own platforms, it’s possible that pro-regulation advocates could see the fracas as a mere opportunity to advance the burdensome regulatory agenda they've wanted to advance for years.For the uninitiated, the current situation arose from a popular Reddit forum urging its users to target GameStop (GME), a stock heavily shorted by hedge...