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Article Summary
- Robinhood CEO and SEC chair are set to testify before Congress
- The hearing will focus on the GameStop stock trading frenzy
- There has been backlash against Robinhood for restricting trading during the frenzy
- The SEC has also faced criticism for not doing enough to protect retail investors
- Both CEOs will likely face tough questions during the hearing Tone: Neutral
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Gallagher Not Interested In Serving As SEC Chair In Second Trump Administration
Dan Gallagher, chief legal officer at the financial services firm Robinhood, said Friday that he is not interested in chairing the Securities and Exchange Commission (SEC) in President-elect Trumps second administration. It is always an honor to have your name in the mix for an incredibly important job like SEC Chairman, Gallagher said in a...
https://thehill.com/business/5005146-robinhood-ceo...
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