Robinhood, Reddit and the SEC – Whats the Impact?

What do you get when you combine determined retail investors on Reddit, hedge funds and an easy to use trading app? Look no further than the GameStop trading frenzy of January 2021. On this episode, we unpack the events that led to Robinhood’s suspension of trading activity, the Congressional testimony and to-be-expected inquiry from the Securities Exchange Commission. What will the regulatory impact be? What does this mean for fintech? Jennifer Tescher and Carl Volz help hash it out.