Whistleblower News: Robinhood, SEC Investor Warning, Reddit Traders Target Silver
The Silicon Valley Start-Up That Caused Wall Street Chaos
NY TIMES
Robinhood pitched itself to investors as the antithesis of Wall Street. It didn’t say that it also entirely relies on Wall Street. This past week, the two realities collided. read more »
Does Robinhood owe too much to its rich backers?
THE GUARDIAN
Robinhood is the amateurs’ share trading platform at the heart of the attempt by an army of small investors to outsmart Wall Street by buying shares in companies such as GameStop, costing hedge funds billions in the process. read more »
Thinking About Investing in the Latest Hot Stock?
SEC
The SEC’s Office of Investor Education and Advocacy warns investors of the significant risks of short-term investing based on social media, especially in volatile markets, and provides tips for long-term investing. read more »
Move over GameStop. Reddit traders are targeting silver now
USA TODAY
Futures contracts for the precious metal jumped to their highest level in almost eight years Monday, extending recent gains as the Reddit-fueled buying frenzy spilled over into the commodities market. read more »