Amy Lynch: SEC focus is on market structural issues (Reuters Wall Street Lawyer)

In an exclusive one-on-one interview, FrontLine’s Founder and President Amy Lynch addresses the predicament of the SEC to fully understand the many regulatory issues surrounding the growing trend of meme stock trading. Ms. Lynch responds to questions about SEC concerns with the “gamification” of stocks and where there may be bigger market structural issues. While the SEC is reviewing trading risks for retail investors, lack of disclosures and payment for order flow, there is likely an ongoing investigation to determine the actual causes behind the trading patterns of meme stocks. Ms. Lynch comments that the SEC is seeking to understand what beyond retail trading may be moving meme stock prices, and whether there are larger investors involved or fraud at play. See Reuters Wall Street Lawyer (free view of article then subscription required). Full article here “Gamification of Stocks: How Can the SEC Act?”