Jon Fortt: Robinhood Grilled: Lessons from the GameStop Craze, Lawmakers Eye Changes, A Cloud Veteran Turns CEO + More LinkedIn 2/19/2021
After the
Reddit-driven phenomenon that drove some stocks higher last month, various parties are trying to make sense of it all, including Congress and journalists. There are plenty of lessons here, and some of them are already clear; so the theme this week is
Robinhood Grilled.
Should Congress make rules to force changes at
Robinhood? Or should lawmakers back off? I argued both sides in this week’s edition of On the Other Hand, on CNBC s Squawk Box:
+
The Sheriff Steps In: Congress Looks at Trading Apps and Data