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Robinhood's Long Way Out of Sherwood Forest | Burr & Forman

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On Thursday, January 28, trading-app broker-dealer Robinhood – a self-styled disrupter democratizing trading – suspended its users’ ability to buy Gamestop stock or options (along with other stocks). After playing a prominent role in the crowd-sourced short-squeeze on the meme stock, abruptly shutting the “buy” door prompted swift and fierce reactions. NY Rep. Alexandria Ocasio Cortez tweeted that Robinhood’s freeze on Gamestop buys was “unacceptable” and called for Congressional hearings. Texas Sen. Ted Cruz quickly agreed (eliciting a snarky tweet-for-tat response). Other members of Congress piled on.
Massachusetts Sen. Elizabeth Warren took up the grievance, citing Robinhood’s recent regulatory history (more on that below) and asking for explanations of potential conflicts of interest – especially because Robinhood’s largest market maker is high-frequency trading firm Citadel Securitie ....

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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Lizhi, Bit Digital, CleanSpark, and 9F, Inc. and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Lizhi, Bit Digital, CleanSpark, and 9F, Inc. and Encourages Investors to Contact the Firm
February 03, 2021 19:00 ET
| Source:
Bragar Eagel & Squire
Bragar Eagel & Squire
New York, New York, UNITED STATES
NEW YORK, Feb. 03, 2021 (GLOBE NEWSWIRE) Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Lizhi, Inc. (NASDAQ: LIZI), Bit Digital, Inc. (NASDAQ: BTBT), CleanSpark, Inc. (NASDAQ: CLSK), and 9F, Inc. (NASDAQ: JFU). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. ....

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Joint Island-Wide Enforcement Operation Involving Police And Banks Against Investment Scam And Fake Gambling Platform Scam

Joint Island-Wide Enforcement Operation Involving Police And Banks Against Investment Scam And Fake Gambling Platform Scam
police.gov.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from police.gov.sg Daily Mail and Mail on Sunday newspapers.

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Oil Price Rally Stalls On Chinese Covid Concerns

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Oil Price Rally Stalls On Chinese Covid Concerns
By Tom Kool - Jan 26, 2021, 1:00 PM CST
Investor Alert:
Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energy Alert investment column to get the full breakdown of what to watch.
Chart of the Week
-   The EIA expects global oil demand to be larger than supply in 2021, particularly in the first quarter, leading to sharp inventory drawdowns.
-   EIA projects Brent to average $56 per barrel in the first quarter.
-   However, the agency expects Brent to remain stuck between $51 and $54 on a quarterly basis through 2022. ....

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Updated List Of Firms Using Inaccurate Information To Solicit Investors

From the Securities and Exchange CommissionThe Securities and Exchange Commission updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 28 soliciting entities, three impersonators of genuine firms, and six bogus regulators. ....

Jennifer Diamantis , Exchange Commission , Office Of Market Intelligence , Office Of International Affairs , Office Of Investor Education , Public Alert , Unregistered Soliciting Entities , Market Intelligence , Investor Education , Securities And Exchange Commission , Investor Alert , Firms Using Misleading Information , பரிமாற்றம் தரகு , அலுவலகம் ஆஃப் சந்தை உளவுத்துறை , அலுவலகம் ஆஃப் சர்வதேச வாழ்க்கைத்தொழில்கள் , அலுவலகம் ஆஃப் முதலீட்டாளர் கல்வி , பொது எச்சரிக்கை , சந்தை உளவுத்துறை , முதலீட்டாளர் கல்வி , பத்திரங்கள் மற்றும் பரிமாற்றம் தரகு , முதலீட்டாளர் எச்சரிக்கை ,