Current Events > reddit guy who refused to sell millions worth of GME to appear before congress

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WingsOfGood 02/03/21 9:00:44 PM #1:	What a timeline. <cite>WingsOfGood posted [p:950253576] in reddit guy... [t:79276451]...</cite> <quote> What a timeline. </quote> ... Copied to Clipboard!
Hexenherz 02/03/21 9:01:13 PM #2:	can he ... get in legal trouble for not selling stock --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:950253599] in reddit guy... [t:79276451]...</cite> <quote>can he ... get in legal trouble for not selling stock </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 9:03:28 PM #3:	Hexenherz posted... can he ... get in legal trouble for not selling stock No. What he would get in trouble for is if he advised people to buy a stock but apparently he always put a disclaimer. So most he likely in trouble for is making videos while working at a financial firm as apparently he is supposed to tell them and they are accountable for him even if he says in his videos that it is not financial advice or something. Congress just wants testimony of what was going on though. <cite>WingsOfGood posted [p:950253670] in reddit guy... [t:79276451]...</cite> <quote>Hexenherz posted... </cite> <quote>can he ... get in legal trouble for not selling stock</quote> No. What he would get in trouble for is if he advised people to buy a stock but apparently he always put a disclaimer. So most he likely in trouble for is making videos while working at a financial firm as apparently he is supposed to tell them and they are accountable for him even if he says in his videos that it is not financial advice or something. Congress just wants testimony of what was going on though. </quote> ... Copied to Clipboard!
Blue_Inigo 02/03/21 9:06:07 PM #4:	Congress could be dealing with actual issues but will instead pick on the little guy --- "This is your last dance." <cite>Blue_Inigo posted [p:950253768] in reddit guy... [t:79276451]...</cite> <quote>Congress could be dealing with actual issues but will instead pick on the little guy </quote> ... Copied to Clipboard!
LinkDaLunatic 02/03/21 9:08:03 PM #5:	Blue_Inigo posted... Congress could be dealing with actual issues but will instead pick on the little guy it's called making an example brah. they gonna roast anyone they can to scare people off doing it again <cite>LinkDaLunatic posted [p:950253838] in reddit guy... [t:79276451]...</cite> <quote>Blue_Inigo posted... </cite> <quote>Congress could be dealing with actual issues but will instead pick on the little guy</quote>it's called making an example brah. they gonna roast anyone they can to scare people off doing it again </quote> ... Copied to Clipboard!
obsolete 02/03/21 9:08:07 PM #6:	Don't hate the player. <cite>obsolete posted [p:950253839] in reddit guy... [t:79276451]...</cite> <quote>Don't hate the player. </quote> ... Copied to Clipboard!
21WIVES_CHILL 02/03/21 9:08:15 PM #7:	Diamond Hands <cite>21WIVES_CHILL posted [p:950253846] in reddit guy... [t:79276451]...</cite> <quote>Diamond Hands </quote> ... Copied to Clipboard!
Number090684 02/03/21 9:08:44 PM #8:	Blue_Inigo posted... Congress could be dealing with actual issues but will instead pick on the little guy This. The rich and powerful are desperate to make a example out of someone involved to send a message to the masses that them being successful and rising up will not be ignored and tolerated. <cite>Number090684 posted [p:950253862] in reddit guy... [t:79276451]...</cite> <quote>Blue_Inigo posted... </cite> <quote>Congress could be dealing with actual issues but will instead pick on the little guy</quote> This. The rich and powerful are desperate to make a example out of someone involved to send a message to the masses that them being successful and rising up will not be ignored and tolerated. </quote> ... Copied to Clipboard!
Solar_Crimson 02/03/21 9:10:55 PM #9:	Meanwhile, they can't even get a $1400 stimulus passed. --- I often wonder if we are growing as a people... or in fact, regressing. <cite>Solar_Crimson posted [p:950253933] in reddit guy... [t:79276451]...</cite> <quote>Meanwhile, they can't even get a $1400 stimulus passed. </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 9:11:34 PM #10:	Blue_Inigo posted... Congress could be dealing with actual issues but will instead pick on the little guy Well I mean didn't AOC first call for the hearing? <cite>WingsOfGood posted [p:950253961] in reddit guy... [t:79276451]...</cite> <quote>Blue_Inigo posted... </cite> <quote>Congress could be dealing with actual issues but will instead pick on the little guy</quote> Well I mean didn't AOC first call for the hearing? </quote> ... Copied to Clipboard!
Balrog0 02/03/21 9:11:51 PM #11:	I assume maxine waters wants him there to make him look good, not bad --- Trying to dunk since July 2020 <cite>Balrog0 posted [p:950253974] in reddit guy... [t:79276451]...</cite> <quote>I assume maxine waters wants him there to make him look good, not bad </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 9:12:27 PM #12:	Balrog0 posted... I assume maxine waters wants him there to make him look good, not bad Yea. Also Robinhood CEO gotta testify. <cite>WingsOfGood posted [p:950253988] in reddit guy... [t:79276451]...</cite> <quote>Balrog0 posted... </cite> <quote>I assume maxine waters wants him there to make him look good, not bad</quote> Yea. Also Robinhood CEO gotta testify. </quote> ... Copied to Clipboard!
Dragon239 02/03/21 9:14:40 PM #13:	WingsOfGood posted... What he would get in trouble for is if he advised people to buy a stock but apparently he always put a disclaimer. Why can't you do that? --- https://imgur.com/nkZgO <cite>Dragon239 posted [p:950254069] in reddit guy... [t:79276451]...</cite> <quote>WingsOfGood posted... </cite> <quote>What he would get in trouble for is if he advised people to buy a stock but apparently he always put a disclaimer.</quote>Why can't you do that? </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 9:16:15 PM #14:	Dragon239 posted... Why can't you do that? https://www.nytimes.com/2021/02/03/business/roaring-kitty-gamestop.html Andrew Calamari, a lawyer with Finn Dixon & Herling and a former director of the Securities and Exchange Commissions New York office, said it was too soon to determine whether Mr. Gill had violated any securities regulations. But Mr. Gill could have violated company rules if he did not receive permission for his posts on Reddit and YouTube. Firms dont allow employees to go out and make predictions on stock, he said of employees who arent analysts. Many financial firms also require employees to disclose if they have brokerage accounts with other firms to monitor their trading activities, he added. Mr. Gill, as a securities broker, is registered with FINRA. His broker registration does not indicate he has any outside business activities. FINRA rules prohibit brokers from filing incomplete or misleading information about themselves. Its unclear if MassMutual has any regulatory issues itself. Firms can be liable for failing to supervise employees, but if Mr. Gill circumvented the firms processes for monitoring employees use of social media, then it may not be at fault. But he prob just get fired and lose his license is all and he is a millionaire now so, meh. <cite>WingsOfGood posted [p:950254117] in reddit guy... [t:79276451]...</cite> <quote>Dragon239 posted... </cite> <quote>Why can't you do that?</quote> https://www.nytimes.com/2021/02/03/business/roaring-kitty-gamestop.html <quote>Andrew Calamari, a lawyer with Finn Dixon & Herling and a former director of the Securities and Exchange Commissions New York office, said it was too soon to determine whether Mr. Gill had violated any securities regulations. But Mr. Gill could have violated company rules if he did not receive permission for his posts on Reddit and YouTube. Firms dont allow employees to go out and make predictions on stock, he said of employees who arent analysts. Many financial firms also require employees to disclose if they have brokerage accounts with other firms to monitor their trading activities, he added. Mr. Gill, as a securities broker, is registered with FINRA. His broker registration does not indicate he has any outside business activities. FINRA rules prohibit brokers from filing incomplete or misleading information about themselves. Its unclear if MassMutual has any regulatory issues itself. Firms can be liable for failing to supervise employees, but if Mr. Gill circumvented the firms processes for monitoring employees use of social media, then it may not be at fault.</quote> But he prob just get fired and lose his license is all and he is a millionaire now so, meh. </quote> ... Copied to Clipboard!
David1988 02/03/21 9:30:05 PM #15:	I mean, neither did blackrock when they bought millions worth in shares in GME and AMC in December, how come they dont have to appear before Congress? --- Each night, when I go to sleep, I die. <cite>David1988 posted [p:950254558] in reddit guy... [t:79276451]...</cite> <quote>I mean, neither did blackrock when they bought millions worth in shares in GME and AMC in December, how come they dont have to appear before Congress? </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 9:38:37 PM #16:	David1988 posted... I mean, neither did blackrock when they bought millions worth in shares in GME and AMC in December, how come they dont have to appear before Congress? Neither what? <cite>WingsOfGood posted [p:950254848] in reddit guy... [t:79276451]...</cite> <quote>David1988 posted... </cite> <quote>I mean, neither did blackrock when they bought millions worth in shares in GME and AMC in December, how come they dont have to appear before Congress?</quote> Neither what? </quote> ... Copied to Clipboard!
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Current Events > reddit guy who refused to sell millions worth of GME to appear before congress (+) Yeah! (+)

Current Events > reddit guy who refused to sell millions worth of GME to appear before congress