Fmr. SEC Commissioner: GameStop Short Squeeze Not Unlike What We Saw At The Capitol On January 6

Fmr. SEC Commissioner: GameStop Short Squeeze Not Unlike What We Saw At The Capitol On January 6

#BREAKING
Former SEC Commissioner Laura Unger compares short squeeze to January 6th at the Capitol pic.twitter.com/H1PCv1ZUk6

— PG Howie (@pghowie3)

Former SEC Commissioner Laura Unger spoke Thursday on CNBC about actions she says regulators could take to prevent something like the social media-driven run on GameStop and other small value stocks from ever happening again.

Unger compared the stock market rush to buy video game retailer Game Stop to the riots earlier this month where protesters broke into the Capitol building.

“It puts a lot of questions about the integrity of the market, everyone is scratching their heads over this. What should happen? What can be done to stop this?” she asked about the ability of social media users to act in public together. ” Not unlike what we saw on January 6 on the Capitol. If you don’t have the police in there at the right time, things go a little crazy.”

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“The broker stands between these customers…

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