Robinhood CEO, Reddit Co-Founder & Others Testify on GameStop Stock Robinhood CEO Vlad Tenev, Reddit Co-Founder Steve Huffman and investment firm executives testify before the House Financial Services Committee on GameStop's rapid stock price increase and Robinhood's decision to halt buying these stocks on its platform.

Program Segments

  • Program Image
    4:28 PM EST

    GameStop Hearing, Part 1

    Robinhood CEO Vlad Tenev, along with investment firm executives, testifIed before the House Financial Services Committee on GameStop’s rapid stock price increase and Robinhood’s decision to halt customers buying these stocks on the platform. In his opening testimony, Mr. Tenev told lawmakers they imposed temporary trading restrictions to meet increased regulatory deposit requirements. “We don’t answer to hedge funds. We serve the millions of small investors who use our platform every day to invest,” said Mr. Tenev. Other witnesses included Reddit co-founder…

  • Program Image
    2:23 PM EST

    GameStop Hearing, Part 2

    Robinhood CEO Vlad Tenev, along with investment firm executives, testifIed before the House Financial Services Committee on GameStop’s rapid stock price increase and Robinhood’s decision to halt customers buying these stocks on the platform. In his opening testimony, Mr. Tenev told lawmakers they imposed temporary trading restrictions to meet increased regulatory deposit requirements. “We don’t answer to hedge funds. We serve the millions of small investors who use our platform every day to invest,” said Mr. Tenev. Other witnesses included Reddit co-founder…