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GameStop share price: OECD plans curbs to rein in GameStop-style share spikes

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Australia’s former corporate cop Greg Medcraft has revealed the powerful Organisation for Economic Cooperation and Development (OECD) is examining policies to curb risky trading behaviour following the extraordinary surge in GameStop shares caused by a retail investor frenzy.
Mr Medcraft, who is now based in Paris and the director of the OECD’s markets and conduct arm, told
The Age and
The Sydney Morning Herald possible policy responses could include faster settlement of share trades, forcing hedge funds to disclose their short bets and even a tax on financial transactions as regulators move to ensure markets function properly. ....

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