How Memestock Traders Responded to Mockery From the Government

It’s ‘Not a Game’, Get It?

Apublic awareness campaignlaunched by the Securities and Exchange Commission ( SEC ) go for to overspread awareness that “ investment is not a game , ” seems to have reach poorly among its intended audience . The federal agency put outYouTube videosand anonline quizà la BuzzFeed to convey peril consort with digital assets and wading unawares into the world of margin investing . While there ’s ostensibly nothing improper with its advice — “ security deposit increases your purchasing tycoon , but also exposes you to the potential for larger expiration ” ; “ If you are considering a digital plus - related investment , take the time to understand how the investment funds works … ” ; “ promise of high investment yield with little or no risk are a classic admonition mansion of fraud . ”—the language and tone of the campaign struck many retail investor as needlessly condescending .

Financial marketsGameStopGary GenslerRedditRobinhood

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