Gensler Faces Big Challenge in Tackling GameStop’s Wild Ride

Wall Street Journal – In a story about the SEC’s incoming challenges around Gamestop and market volatility, Healthy Markets Executive Director Tyler Gellasch is quoted saying “The S.E.C. has for years worried about hedge funds coordinating their positions and coordinating bear raids and otherwise engaging in activities to move around a stock. There are reporting requirements around that. But we’ve never really thought about that being done en masse and in public. The S.E.C.’s rules haven’t thought about what happens when it’s 100,000 people coordinating via Reddit versus three people coordinating via email.” (Full Story).

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