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There's is definitely chatter in the finance community to regulate this kind of behaviour to prevent it from happening again. They're all bad faith arguments w
by vergessenmir 6y ago
There's is definitely chatter in the finance community to regulate this kind of behaviour to prevent it from happening again.
They're all bad faith arguments which have ranged from collusive behaviour being insider trading (even though messages were public) to foreign interference destabilising US markets.
There are multiple attack points in which pressure can be applied: the trading platforms ( Robinhood et al), the communication platform (Reddit, Discord), the regulatory framework or through back channels at the board level.
If several funds do end up going bankrupt, which is unlikely to happen now, regulation or some legal framework would likely follow.