House GameStop Hearing Delves Into Robinhood, Reddit And WallStreetBets - EWB

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Friday 19 February 2021

House GameStop Hearing Delves Into Robinhood, Reddit And WallStreetBets

Vlad Tenev, founder of retail stock trading app Robinhood, told a House Committee on Thursday that “the financial system should be open to everyone,” including frenzied buyers of GameStop and AMC Entertainment whipped up by a Reddit chatroom. He apologized profusely that a funding rule had forced the app to subsequently block share purchases – […]

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