Express

Janet Yellen Called Meeting With Fed, SEC, And CFTC To Discuss Market Manipulation Concerns

Mary Liu

Summary: Treasury Secretary Janet Yellen will convene the leaders of the Securities and Exchange Commission (SEC), the Federal Reserve and the Commodity Futures Trading Commission (CFTC) to discuss the recent stock market manipulation concerns, as reported by the Wall Street Journal.  The meeting will be held as early as Thursday. The participation of CFTC and Fed indicates ...

Treasury Secretary Janet Yellen will convene the leaders of the Securities and Exchange Commission (SEC), the Federal Reserve and the Commodity Futures Trading Commission (CFTC) to discuss the recent stock market manipulation concerns, as reported by the Wall Street Journal. 

The meeting will be held as early as Thursday. The participation of CFTC and Fed indicates that this conversation may not be limited to Robinhood, Reddit and GameStop questions.

Ministry of Finance spokesperson Alexandra LaManna said: “Secretary Yellen believes the integrity of markets is important and has asked for a discussion of recent volatility in financial markets and whether recent activities are consistent with investor protection and fair and efficient markets.”

By Mary Liu

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 2 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 4 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 6 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 9 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 10 days ago
  • You need to login to comment.