| Part Of Robinhood CEO, Reddit Co-Founder & Others Testify on GameStop Stock
Report Video IssueGameStop Hearing, Part 1
2021-02-21T17:41:07-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNWUzXC8yMDIxMDIxODEyMTkwODAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Robinhood CEO Vlad Tenev and 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 Robinhood 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 Steve Huffman, Citadel CEO Kenneth Griffin, Melvin Capital Management CEO Gabriel Plotkin, and GameStop investor Keith Gill. Mr. Griffin told committee members that his company had no role in Robinhood’s decision to limit trading on GameStop or other securities. Lawmakers' questions related to protections for retail investors, the “gamification” of stock trading, high-frequency trading, SEC regulations, and other topics.
Robinhood CEO Vlad Tenev and investment firm executives testified before the House Financial Services Committee on GameStop’s rapid stock pr… read more
Robinhood CEO Vlad Tenev and 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 Robinhood 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 Steve Huffman, Citadel CEO Kenneth Griffin, Melvin Capital Management CEO Gabriel Plotkin, and GameStop investor Keith Gill. Mr. Griffin told committee members that his company had no role in Robinhood’s decision to limit trading on GameStop or other securities. Lawmakers' questions related to protections for retail investors, the “gamification” of stock trading, high-frequency trading, SEC regulations, and other topics. close
Resources
- Witnesses Opening Statements
House Financial Services Committee
Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and tap the screen to see the at the bottom of the player. Tap the to see a complete list of all Points of Interest - click on any moment in the list and the video will play.
Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and move your cursor over the video to see the . Click on the marker to see the description and watch.
You can also click the in the lower left of the video player to see a complete list of all Points of Interest from this program - click on any moment in the list and the video will play.
People in this video
- Andy Barr U.S. Representative [R] Kentucky
- Emanuel Cleaver II U.S. Representative [D] Missouri
-
Keith Gill Investor - Al Green U.S. Representative [D] Texas
-
- French Hill U.S. Representative [R] Arkansas
-
-
- Frank D. Lucas U.S. Representative [R] Oklahoma
-
- Carolyn Maloney U.S. Representative [D] New York
-
- Gregory Meeks U.S. Representative [D] New York
- Ed Perlmutter U.S. Representative [D] Colorado
-
-
- David Scott U.S. Representative [D] Georgia
-
- Steve Stivers U.S. Representative [R] Ohio
-
- Nydia M. Velázquez U.S. Representative [D] New York
- Ann Wagner U.S. Representative [R] Missouri
-
Hosting Organization
More Videos From
Robinhood CEO, Reddit Co-Founder & Others Testify on GameStop Stock
Purchase a Download
GameStop Hearing, Part 1
-
MP4 video - Standard
- Price:
- $9.99 or Free with MyC‑SPAN
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
GameStop Hearing, Part 2
Robinhood CEO Vlad Tenev and investment firm executives testified before the House Financial Services Committee on GameS…
-
House Hearing on Role of Financial Regulators During Pandemic
Federal financial regulators testified virtually before the House Financial Services Committee about their role and acti…
-
Facebook CEO Testimony Before House Financial Services Committee
Facebook co-founder and CEO Mark Zuckerberg testified before the House Financial Services Committee on his company’s pla…
-
Securities and Exchange Commission Oversight Hearing
The House Financial Services Committee heard from the five commissioners of the Securities and Exchange Commission (SEC)…
User Created Clips from This Video
-
- 32 seconds
- 5,067 views
-
- 5 minutes
- 1,888 views
-
- 32 seconds
- 425 views
-
- 1 minute
- 211 views