Robinhood says U.S. watchdogs probing staff meme stock trading, registration
Robinhood Markets Inc disclosed on Tuesday it has received inquiries from U.S. watchdogs asking whether employees traded GameStop Corp. (GME.N) and AMC Entertainment Holdings, Inc. (AMC.N) before the online broker publicly announced it was restricting trading in those and other meme stocks on Jan. 28.
Wall Street body proposes new rules on short positions, stock loans
The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory body, has proposed changes to its short-interest reporting requirements in a bid to make information more useful.
