Latest Breaking News On - ஜில் ஃபிஷ் - Page 1 : comparemela.com
GameStop stock resumes soaring as SEC vows to investigate, roiling Wall Street
inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.
Lawsuits see conspiracy in Robinhood’s GameStop moves, but experts doubt narrative MarketWatch 1/30/2021 © AFP via Getty Images
The commission-free online brokerage Robinhood faces several new class-action lawsuits brought by customers across the country this week, alleging the company prevented them from buying shares of GameStop Inc. and other hot socks for nefarious reasons.
Popular Searches
Legal experts tell MarketWatch, however, that plaintiffs will face an uphill battle seeking damages because there are good regulatory explanations for why the buy ban was initiated and because user agreements give the broker wide latitude to block sales and liquidate user accounts.
“The most pertinent facts are the real reasons why Robinhood halted the trading and the extent to which all investors were treated equally,” Jill Fisch, professor of business law at the University of Pennsylvania’s Carey Law School told MarketWatch.
Gamestop mania: President Biden s SEC pick Gensler poised to confront stock market threat
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
Gary Gensler
Gensler Is Poised to Confront Stock Market Hit by Historic Mania The looming threat for Gensler is that the good times could end on his watch, triggering a crash that hits retail investors who’ve contributed to the boom particularly hard.
Ben Bain and Robert Schmidt | Jan 28, 2021
(Bloomberg) From the mania engulfing GameStop Corp. and penny stocks to the explosive growth of SPACs, a nervous question is starting to make the rounds within American finance: Will the next sheriff of Wall Street be able to tame these wild markets?
Gary Gensler, President Joe Biden’s pick to lead the Securities and Exchange Commission, is poised to confront a run-up in share prices with few parallels in modern history. Perhaps more worrisome, the astronomical valuations are tied to companies like GameStop that aren’t expected to turn a profit for years, or, in the case of special-purpose acquisition companies, stocks with no actual business behind them.
Gensler poised to confront stock market hit by historic mania
As President Joe Biden’s pick to lead the Securities and Exchange Commission, he will be faced with a run-up in share prices with few parallels.
January 28, 2021 5 MINS
From the mania engulfing GameStop Corp. and penny stocks to the explosive growth of SPACs, a nervous question is starting to make the rounds within American finance: Will the next sheriff of Wall Street be able to tame these wild markets?
Gary Gensler, President Joe Biden’s pick to lead the Securities and Exchange Commission, is poised to confront a run-up in share prices with few parallels in modern history. Perhaps more worrisome, the astronomical valuations are tied to companies like GameStop that aren’t expected to turn a profit for years, or, in the case of special-purpose acquisition companies, stocks with no actual business behind them.
vimarsana © 2020. All Rights Reserved.