Leading off the show, FrontLine’s Founder and President Amy Lynch joined CNBC’s “Squawk on the Street” for a live interview on its top story of the day. Ms. Lynch responded to questions surrounding AMC’s market volatility, the latest meme stock to be caught up in extreme price swings. She explains how the SEC could favorably view AMC’s recent disclosure warning to its investors in its latest share offering, and discusses AMC’s promotional campaign to better connect with its investors. Finally, Ms. Lynch comments on SEC Chairman Gary Gensler’s recent stance on reducing the current settlement period for trades. Brought to light earlier in the year when large share volume of GameStop caused online broker Robinhood to halt trading in the stock, Ms. Lynch views the potential shortening of the settlement period as a benefit to the industry by allowing firms to better meet margin and collateral requirements.
View the interview, CNBC’s Squawk on the Street, “Former SEC Regulator: AMC was smart to disclose new share offering”
See CNBC’s After Hours, “Why AMC shares fell 18 percent in Thursday’s wild trading session”
See NBC Connecticut (WVIT-TV), “AMC Stages Reversal After Stock Sale – Here’s What Five Experts Anticipate Next”
See Yahoo! News, “AMC Completes Large Stock Offering Despite Blunt Investor Warning”
See International Business Times, “AMC Completes Large Stock Offering Despite Blunt Investor Warning”