Why Are Members of Congress Allowed to Trade Stocks?

In secret meetings Two years ago this month, members of Congress were told what the rest of America will soon know: the deadly virus was spreading rapidly abroad and heading to the United States. Some lawmakers acted on the spot – not in the public’s interest, but in their own. They sold off stocks weeks … Read more

Meme stock hangover: a year after GameStop, traders face gloomier markets

GameStop trading information is displayed on the Robinhood app where another screen shows the Robinhood logo in this January 29, 2021 photo illustration. REUTERS/Brendan McDermid/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK, Jan 28 (Reuters) – The mood has changed dramatically after a year of a stunning rebound in … Read more

Analysis: Will the games stop? SEC mulls crackdown on trading apps

WASHINGTON, Jan. 26 (Reuters) – A year after the “share meme” rally that humbled hedge funds and rattled Wall Street, U.S. regulators are studying ways to crack down on psychic routers used by Robinhood Inc (HOOD.O) and others. From companies without commissions. Brokers to promote stock trading frequently on smartphone applications. The Securities and Exchange … Read more