Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Hedge funds oppose SEC’s reform plans after GameStop debacle

Summary by Ground News
Melvin Capital, Light Street and White Square all lost heavily when their bets against meme stocks, such as the struggling video game retailer GameStop, were pulverised. The extreme volatility unleashed in the meme stock battle alarmed the Securities and Exchange Commission, the US financial markets regulator. The SEC has proposed extensive reforms to securities lending arrangements.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

Financial TimesFinancial Times
Center

Hedge funds oppose SEC’s reform plans after GameStop debacle

Regulator’s ‘misguided’ securities lending proposals risk fuelling volatility, say managers

·London, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Financial Times broke the news in London, United Kingdom on Monday, January 17, 2022.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Wall Street icon

Wall Street

Stock Markets icon

Stock Markets

SEC icon

SEC

GameStop icon

GameStop

News
For You
SearchBlindspotLocal