Yellen cheers ‘RESILIENT’ markets, calls for ‘timely study’ into GameStop craze, as Wall Street crushes Reddit rebellion ...News

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Yellen cheers ‘RESILIENT’ markets, calls for ‘timely study’ into GameStop craze, as Wall Street crushes Reddit rebellion
US Treasury Secretary Janet Yellen, central bankers and financial regulators essentially declared victory over a populist investor uprising, agreeing that markets proved “resilient” through a trading rally that is now being tamed. And lest amateur traders think they can take another run at the Wall Street establishment, Yellen and friends agreed on Thursday that the Securities and Exchange Commission (SEC) will need to quickly complete a study of the market tumult to find “whether trading practices are consistent with investor protection and fair and efficient markets.” “Secretary Yellen believes it is imperative to uphold the integrit

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