Key Words: SEC Chair Gensler defends Reddit, GameStop investors’ right to ‘smash’ short sellers

Washington’s top Wall Street cop is showing no appetite for cracking down on the behavior of millions of retail investors who use forums on Reddit and other social media platforms to coordinate investment strategies, sometimes at the expense of established Wall Street short sellers.

Washington’s top Wall Street cop is showing no appetite for cracking down on the behavior of millions of retail investors who use forums on Reddit and other social media platforms to coordinate investment strategies, sometimes at the expense of established Wall Street short sellers.