Tag: Law

• Congress Is Investigating Wallstreetbets Over GameStop, But the Law’s On Their Side

  March 3, 2021

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  Congress is investigating whether traders on Reddit’s Wallstreetbets colluded to drive up the price of GameStop, possibily illegally. But two major legal precedents are on the side of Wallstreetbets: In the DRW case, the CFTC argued the defendants’ orders for a swap contract were “inherently manipulative” because the defendants “understood…

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  + Business

  + Gamestop, Investing, Investments, Law, Stock Market, Stocks, Wallstreetbets

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