Legislators have President Biden’s choice to head Gary Gensler, the Security and Exchange Commission, and he has taken up the difficult questions over time.
Its confirmation hearing comes at a difficult time for US financial markets seeing a sharp rise in retailers. These small investors are behind some of the recent fluctuations linked to major short-circuits, such as GameStop and AMC.
SEC SCRAP TRADE IN CHOOSE OTC NAME
Ticker | Safety | Last | Alter | Alter% |
---|---|---|---|---|
GME | GAMESTOP | 119.01 | -0.49 | -0.41% |
AMC | AMC ENTERTAINMENT HOLDINGS INC | 8.56 | -0.64 | -6.93% |
Gensler, who previously led the Commodities Futures Trading Commission with an iron fist, talked about bitcoin, the role of technology in the financial markets and gave a possible overview of how ‘order flow payments’ work amid the ongoing downturn of the Robinhood trade ceased in January.
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