Retail brokerage Robinhood Financial did not report a certain type of stock trade it executed for customers last year to a public data feed, according to regulatory data analyzed by Reuters and a source familiar with the matter. So-called fractional shares are offered by ...Read More

WASHINGTON (AP) — President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a ...Read More

The GameStop hearing certainly drew a lot of attention. Key players involved in the GameStop saga were in the hot seat on Thursday as lawmakers grilled the CEOs of hedge fund Melvin Capital Management, financial firm Citadel, and trading app Robinhood, as well as the retail ...Read More

By Jack Kelly   The pandemic brought upon us a lot of lunacy. One of the weirder quirks of the covid outbreak was that people found themselves stuck at home with time on their hands and unemployment and stimulus checks in their pockets.   ...Read More

Stocks rose on Monday, extending advances after stocks’ best week since November last week. The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels. Bitcoin prices spiked more than ...Read More

In December 2008, the newly-elected Barack Obama announced two key members of his financial regulatory team: Mary Schapiro to head the Securities and Exchange Commission and Gary Gensler as head of the Commodities and Futures Trading Commission. “We have been asleep at the switch, not just ...Read More

NEW YORK (Reuters) – Months before the irrational trading in GameStop Corp, there was Hertz Global Holdings Inc. Operating under bankruptcy protection last spring once the COVID-19 pandemic wiped out its business, the car-rental giant confronted an extraordinary situation: Its stock price was skyrocketing ...Read More