The Long and Short of It

In January 2021, commentary by members of the social news aggregator Reddit may have contributed to unprecedented trading activity that led some online brokerages to freeze trading of certain securities for a prolonged window of time. The unforeseen freeze angered traders, lawmakers and regulators. All of this culminated in a hearing conducted by the House Financial Services Committee in February. Originally published in The Legal Special 2021 published by Private Equity International (PEI) in...
By: Troutman Pepper

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