Breaking: Gamestop (GME) debate continues in Washington, Robinhood CEO says “I'm sorry”

Ivan Brian FXStreet

The fallout continues from the Gamestop saga as Congress hears from some of the main participants. Keith "Roaring Kitty" Gill who went by the name DeepF***Value on the /wallstreetbets forum said his investment in Gamestop (GME) is "based on the fundamentals".

Gamestop (GME) news

Robinhood Founder Vlad Tenev says "I'm Sorry For What Happened," also Tenev says he "doesn't think Robinhood did everything perfect".

Ken Griffin says Citadel Securities handles roughly 40% of retail volume. Robinhood CEO Tenev also said payment for order flow arrangement with Citadel Securities enables commission-free trading.

Earlier this week Keith Gill was sued in a class-action lawsuit over the Gamestop case.

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Author

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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