NYC Boss

NYC Boss

Robinhood Is Right to Save Day Traders From Themselves

Robinhood Is Right to Save Day Traders From Themselves

If the powers that be could go back in time to dot-com stock trading in 1999 or subprime mortgage lending in 2005, what would they do differently? That’s the question that hangs over comments by both the Biden administration and Securities and Exchange Commission as they watch market volatility generated in part by the wild trading in heavily-shorted stocks like GameStop Corp.

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Published at Fri, 29 Jan 2021 21:09:46 +0000