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E*Trade Considers Kicking Meme-Stock Leader Keith Gill Off Platform

  • E-Trade is considering banning Keith Gill from the trading platform due to potential market manipulation concerns, as reported by the Wall Street Journal.
  • Morgan Stanley's financial-crimes unit and external counsel are discussing the possibility of canceling Gill's account, according to the Journal.
  • E-Trade, owned by Morgan Stanley, has not yet made a decision on Gill's account status, as per sources familiar with the firm's discussions.
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Forbes broke the news in United States on Monday, June 3, 2024.
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