News & Analysis as of

Financial Industry Regulatory Authority (FINRA) GameStop

Carlton Fields

The SEC May Soon Propose Changes to Equity Market Structure: What Traders Should Know

Carlton Fields on

On October 14, the Securities and Exchange Commission (SEC) released its report regarding the GameStop event of January 2021. The report does not fault the actions of any market participants. Instead, it outlines the U.S....more

Carlton Fields

SEC’s Upcoming Report on GameStop and Payment for Order Flow: What to Watch

Carlton Fields on

The Securities and Exchange Commission (SEC) will soon release its report and recommendations regarding the GameStop event last January and related equity market structure issues. In testimony before a Senate committee on...more

Carlton Fields

Stopping GameStop Games: Regulators Eye Payment for Order Flow

Carlton Fields on

The SEC and FINRA have been busy of late in efforts to address issues associated with payment for order flow (PFOF) and the consequences of the trading halt in GameStop shares last January. PFOF has potentially significant...more

Carlton Fields

Regulators Consider Payment for Order Flow and the Gamification of Trading After GameStop

Carlton Fields on

The U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have been busy of late in efforts to address alleged compliance issues associated with payment for order flow (PFOF),...more

Hogan Lovells

Preparing for the Regulatory Response to ‘Meme’ Stock Investing

Hogan Lovells on

The GameStop saga continues to play out nearly six months later, with the SEC and other regulators looking at possible enforcement actions. Hogan Lovells partner Aaron Cutler and Chase Kroll, director of strategic...more

BCLP

SEC Chair Directs Staff to Consider New Rules to Manage Risks Highlighted by Game-Like Trading Apps

BCLP on

SEC Chair Gary Gensler testified yesterday before the House Committee on Financial Services about the SEC’s efforts to assess and address the market volatility that occurred in GameStop and other “meme stocks” resulting in...more

Burr & Forman

Robinhood to Settle Options-Related Investigations?

Burr & Forman on

In an SEC filing Friday, February 26, Robinhood Financial and Robinhood Securities disclosed they are negotiating with FINRA, the SEC, and state regulators, attempting to settle investigations into options-trading and outages...more

UB Greensfelder LLP

Trends In Market Manipulation

UB Greensfelder LLP on

Recently, the Roaring Kitty (aka Keith Gill) and his brethren made headlines with their trading (most notably in GameStop) and the impact it had on certain hedge funds and banks. The interest on this saga seems to be...more

Burr & Forman

Stonk Trading’s Not a Game

Burr & Forman on

During the height of the GameStop (NYSE: GME) mania, Slate author Jordan Weissman explained that “[A]t a moment that the markets are being overrun, for better or worse, by posters who’ve basically dedicated themselves to...more

Burr & Forman

Robinhood’s Long Way Out of Sherwood Forest

Burr & Forman on

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...more

Katten Muchin Rosenman LLP

Corporate & Financial Weekly Digest - Volume X, Issue 23

In This Issue: - Meeting of the SEC Advisory Committee on Small and Emerging Companies - FINRA Requests Comment on a Proposed Rule to Require Delivery of an Educational Communication to Customers of a Transferring...more

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