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A comment on Roaring Kitty to testify on GameStop alongside hedge fund managers. Parent comment

Re:Roaring Kitty to testify on GameStop alongside hedge fund... by dagmx on Sunday February 14, 2021 @03:40AM (#26130649)
This doesn't imply that he did anything illegal. It's standard in hearings to get any/all prominent people/corporations involved to testify to paint a clearer picture for law makers to then potentially act on. It's more research than anything.
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Re:Roaring Kitty to testify on GameStop alongside hedge fund... by valuearb on Sunday February 14, 2021 @12:02PM (#26133940)
He clearly violated his professional obligations, but congress doesn’t prosecute anyone, Massachusetts will if anyone does.
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Re:Roaring Kitty to testify on GameStop alongside hedge fund... by dagmx on Sunday February 14, 2021 @12:08PM (#26133990)
Yes, personally I think he's in for some trouble with MA, but I was speaking to the congressional hearings which, like you said, aren't a prosecution.

I do think he purposefully downplayed his financial history in an aim to drive up hype, and as you stated, violated his professional obligations. At best, he walked a very thin line which will be scrutinized. At worst he broke the law and will face charges, and WSB will add a new chapter to their lore either way.

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Re:Roaring Kitty to testify on GameStop alongside hedge fund... by paul_f on Monday February 15, 2021 @05:41AM (#26141377)
what professional obligations specifically?
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Re:Roaring Kitty to testify on GameStop alongside hedge fund... by valuearb on Monday February 15, 2021 @09:05AM (#26142848)
He’s a licensed broker carrying five license, working for a licensed brokerage. They aren’t allowed to make public investment recommendations.
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