Treasury Secretary Janet Yellen will convene officials from top U.S. regulatory agencies to discuss recent market volatility driven by so-called meme stocks.
Security …
Treasury Secretary Janet Yellen will convene officials from top U.S. regulatory agencies to discuss recent market volatility driven by so-called meme stocks. Security and Exchange Commission (SEC) officials will present Secretary Janet Yellen, as well as representatives from the Commodity Futures Trading Commission and Federal Reserve, with the findings of their market volatility analysis, Politico reported. The meeting, expected to take place Thursday, was triggered by recent surges of stock prices, of companies including Gamestop and AMC Entertainment, manufactured by retail investors collaborating on online forums.
