The committee is expected to hear from Robinhood CEO Vlad Tenev, as well as from representatives of Reddit, Melvin Capital, and Citron Research. The hearing will focus on the role of online communities in driving market volatility, as well as on the decisions made by Robinhood and other brokerages to restrict trading in certain stocks.
It is not yet clear what exact plans the committee has for the hearing, but it is likely that they will use it as an opportunity to grill the CEOs of Robinhood and Reddit on their respective roles in the market drama.
How employees and customers have reacted to the news
The news of the hearing has been met with mixed reactions from employees and customers of the companies involved. Some believe that the CEOs should be held accountable for their actions, while others believe that the hearing is nothing more than a witch hunt.
Regardless of what people think about the hearing, it is sure to be a highly anticipated event that will have major implications for the future of the stock market.
What this could mean for the future of GameStop
The hearing could have major implications for the future of GameStop, as well as for other companies that were caught up in the market drama. If the CEOs are found to have acted recklessly or illegally, they could be forced to make changes to their businesses. This could result in more regulation of online communities and brokerages, which would likely have a negative impact on the ability of small investors to make money in the stock market.
The hearing is sure to be a highly anticipated event that will have major implications for the future of the stock market. Stay tuned for more updates as the story develops.
when is gamestop hearing
The Gamestop hearing is scheduled for February 18th, 2021.
The hearing will be held by the House Financial Services Committee and will focus on the role of online communities in driving the market volatility, as well as on the decisions made by Robinhood and other brokerages to restrict trading in certain stocks.
How do I file a claim against Gamestop
If you have been a victim of fraud or manipulation by Gamestop, you can file a claim with the SEC by visiting their website.
If you have questions about the hearing, you can contact the House Financial Services Committee at (202) 225-7502. You can also submit your questions online at https://financialservices.house.gov/contact/.
