Gensler: SEC’s social media focus is on fraud, not collusion ...Middle East

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Gensler: SEC’s social media focus is on fraud, not collusion
Securities and Exchange Commission Chairman Gary Gensler told lawmakers Thursday that his agency is focused on any fraud that may occur when investors communicate in social media, and not on collusion. In testimony about volatile trading in GameStop Corp. and other shares in January, Gensler resisted the suggestion from Rep. Bill Posey, R-Fla., that retail investors coordinating […] The post Gensler: SEC’s social media focus is on fraud, not collusion appeared first on Roll Call.

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