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Mr. Andrew N. Vollmer In her testimony, Professor Fletcher, a former lawyer and expert in financial regulation, suggested that the meme stock episode undermined faith and proper functioning of American capital markets. When the fundamental operation of the markets is undermined, there are far-reaching effects that extend beyond the capital markets, affecting consumer savings, investments, retirement plans, and the rest of the real economy. The recent market volatility stemming from trading in meme stocks , most notably GameStop, has raised concerns as to the integrity, stability, and overall health of the markets. Read the full testimony below: The only buy-sider on the witness list for Tuesday is Rachel Robasciotti, the founder and CEO of Adasina Social Capital, which manages the Adasina Social Justice All Cap Global ETF. Robasciotti started her prepared testimony by musing about how the Gamestop saga reminded her of the infamous MIT blackjack team, whose exploits were depi

United statesDave portnoyGina gails fletcherAndrewn vollmerAndrew vollmerRachel robasciottiRachelj robasciottiKen griffinMichaels piwowarTeresa ghilarducciBlackjack teamSenate banking committeeHouse financial servicesUs senate committee on bankingMilken institute centerJanuary gamestop