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Encourages Regulators to Aggressively Enforce the Laws While Investigating the Broad Range of Market Issues Highlighted by Recent Trading Events

On Feb. 3, 2021, Better Markets wrote to the Treasury Secretary and certain members of the Financial Stability Oversight Council (FSOC) to support their decision to review and address market integrity and regulatory issues raised by the frenzied trading in GameStop and other equities. We encourage FSOC to thoroughly investigate numerous issues, including the role of hedge funds, short sellers, coordinated retail traders, and other market participants involved in the recent events and the fragmented and often predatory financial ecosystem that enables disruptive and potentially dangerous trading activities.

Read our full letter here or by clicking the button below. See also our recent Fact Sheet on trading anomalies in GameStop and related equities. 

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