| Part Of Robinhood CEO, Reddit Co-Founder & Others Testify on GameStop Stock

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… read more

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 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

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GameStop Hearing, Part 2

7,511 Views
Program ID:
508545-2
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Feb 18, 2021 | 2:23pm EST | C-SPAN 1
Last Aired:
Feb 18, 2021 | 10:53pm EST | C-SPAN 1

Airing Details

  • Feb 18, 2021 | 2:23pm EST | C-SPAN 1
  • Feb 18, 2021 | 10:53pm EST | C-SPAN 1
  • Feb 20, 2021 | 12:15pm EST | C-SPAN RADIO
  • Feb 20, 2021 | 2:12pm EST | C-SPAN RADIO
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