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201-896-4100 info@sh-law.comReddit User Roaring Kitty Under Investigation by Securities Regulators
Author: Scarinci Hollenbeck, LLC|February 4, 2021
Reddit User Roaring Kitty Under Investigation by Securities Regulators
Keith Gill, a registered securities broker better known by his online persona Roaring Kitty, is currently under investigation via his former employer Mass Mutual according to the New York Times. The MA Securities Division are investigating whether Mass Mutual knew that Gill was touting GameStop stock via his YouTube channel, contributing to the massive short squeeze on the stock.
Mass Mutual claims Mr. Gill pursued unauthorized outside business activity without their knowledge. Mr. Gill’s independent activity on the discussion platform Reddit or his Channel and consistent video activity on YouTube were not documented on his FINRA record.
Brokers and day traders alike who have been involved in securities activity involving Gamestop (NYSE: GME), AMC (NYSE: AMC), Blackberry (NYSE: BB)—and possibly silver if recent days are indicative of the same pattern—have received notices from FINRA, state or federal regulatory agencies, or their employers, should immediately speak to an attorney to prepare for potential investigations.
If you received an investigation letter from FINRA, the SEC, or State regulators, or have been affected by issues surrounding such trading activity, call (201) 896-4100 or email info@sh-law.com for a free consultation with the securities attorneys at Scarinci Hollenbeck, LLC.
Key Contacts
Reddit User Roaring Kitty Under Investigation by Securities Regulators
Author: Scarinci Hollenbeck, LLC
Keith Gill, a registered securities broker better known by his online persona Roaring Kitty, is currently under investigation via his former employer Mass Mutual according to the New York Times. The MA Securities Division are investigating whether Mass Mutual knew that Gill was touting GameStop stock via his YouTube channel, contributing to the massive short squeeze on the stock.
Mass Mutual claims Mr. Gill pursued unauthorized outside business activity without their knowledge. Mr. Gill’s independent activity on the discussion platform Reddit or his Channel and consistent video activity on YouTube were not documented on his FINRA record.
Brokers and day traders alike who have been involved in securities activity involving Gamestop (NYSE: GME), AMC (NYSE: AMC), Blackberry (NYSE: BB)—and possibly silver if recent days are indicative of the same pattern—have received notices from FINRA, state or federal regulatory agencies, or their employers, should immediately speak to an attorney to prepare for potential investigations.
If you received an investigation letter from FINRA, the SEC, or State regulators, or have been affected by issues surrounding such trading activity, call (201) 896-4100 or email info@sh-law.com for a free consultation with the securities attorneys at Scarinci Hollenbeck, LLC.
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