This week, instead of our normal Weekly Recap, NLW digs into Thursday’s congressional hearings around GameStop, Robinhood and WallStreetBets.
He explores:
Why there was a significant focus on T+2 settlement
Bipartisan agreement on retail investors getting screwed, but different diagnoses on how to address
Why Keith Gill, aka Roaring Kitty, aka DeepFuckingValue is a new American folk hero
Ultimately, NLW argues that any congressional action needs to make it easier for retail investors to be full participants in the market, rather than further limiting their options.
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