SEC Poised to Weigh Rule Changes to Respond to Meme Stock Mania

Feb. 3, 2022, 6:50 PM UTC

The Securities and Exchange Commission is set to consider new stock trading rules in what would be the Wall Street regulator’s most direct response yet to last year’s wild trading in GameStop Corp. and other meme stocks.

SEC Chair Gary Gensler said Thursday that the agency is preparing to take up a range of policy changes starting next week that would deal with issues raised by last year’s market frenzy, including shortening the time it takes to settle stock trades.

WATCH: SEC Chair Gary Gensler discusses possible regulations for meme stock trading.
Source: Bloomberg

The inner-workings of the stock market have become a hot button issue in Washington since last year’s wild trading, ...

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