The GameStop phenomenon triggers potential restrictions in corporate America

The GameStop phenomenon hit corporate America in the coffers this week. On Sept. 16, MassMutual paid a $4 million fine to settle a litigation with Massachusetts securities regulators, according to a Wall Street Journal report

The financial-services company got busted for not properly supervising Keith Gill, the 34-year-old MassMutual employee and YouTuber, who went by the alias “Roaring Kitty” on social media. Gill gained a cult-like following among retail investors on Reddit for posting…


Source link

About search

Check Also

Meta's AI spending tests Facebook's growth-first playbook – Yahoo Finance

Meta's AI spending tests Facebook's growth-first playbook – Yahoo Finance

[unable to retrieve full-text content]Meta’s AI spending tests Facebook’s growth-first playbook  Yahoo Finance Source link

Leave a Reply

Your email address will not be published. Required fields are marked *