Two of Waters' Democratic colleagues have said that the stock market rules only seem to be a concern when smaller investors harm larger investment firms.
Sequoia Capital said Thursday that internet rumors alleging pressure against Robinhood to suspend the purchase of some stocks were "completely false."
For many retail investors, Fear of Missing Out will mean lights out for their portfolio if they bought GameStop at an inflated price and hold the shares long-term.
The popular investment application faced widespread backlash on Thursday, after imposing stock trade restrictions on GameStop, AMC Entertainment Holdings and a handful of other companies.
"As a brokerage firm, Robinhood has many financial requirements, including SEC net capital obligations and clearinghouse deposits," Robinhood co-founder Vladimir Tenev said.
Let's stop delegating America's future to Wall Street and let's once again bet on Main Street.
The New York congresswoman, joined by other House Democrats, called for a congressional investigation into the trading app's ability to block retail investors from trading freely.
On Google Play, the Android investment and trading app has been left with a rating of one out of five after being bombed with a barrage of critical user reviews.
Webull users who already own shares in the affected companies can still sell their shares, though.
Members of the thriving subreddit have been the driving force behind investments into the retailer GameStop this week, using the page to mobilize, plan and communicate.
On Thursday, Robinhood, announced that it was halting trades for stocks such as GameStop, AMC, BlackBerry, Nokia, Bed Bath & Beyond, Express Inc., Koss Corporation, and Naked Brand Group.
Share prices in American Airlines jumped 13 percent, with a number of Reddit users calling for it to receive the same attention that pushed GameStop's share price to an all-time high.
Former President Donald Trump's eldest son said retail investors were moving markets "like the big guys."
Down detector showed on Thursday morning that many users have been having issues while trying to use various investment services.
Using emojis of apes, snakes and bananas, one Twitter user manages to explain the short-selling phenomenon that underpins the GameStop saga.
Trades can also take place outside regular trading hours and are made over electronic communications networks (ECNs).
Members of both r/SatoshiStreetBets and r/dogecoin have said they are hoping to pour funds into the cryptocurrency and force its value up to at least $1 per coin.
The White House and U.S. Securities and Exchange Commission are "monitoring" the latest developments around GameStop's stock surge.
The man behind the Reddit community of small investors said he found an "element of satisfaction" in the saga, which pits the group against big-money hedge funds in a battle over GameStop shares.
"There are these people who ... have lots of money, and they have hedges around their house," says comedian Avalon Penrose in her jokey take on the 8,000 percent rise in the retailer's share price.
"To the moon" has become a popular rallying cry among small investors holding out against Wall Street.
The Discord server for the stock trading Reddit community went dark this week, with the company citing "hate speech, glorifying violence, and spreading misinformation."
Positing themselves as virtual "Wolves of Wall Street," the users on r/WallStreetBets are celebrating their success in driving up the value of GameStop's stock.
Chamath Palihapitiya, the CEO for Social Capital, announced the donation during a Wednesday appearance on CNBC's "Halftime Report."
Institutional interest in Bitcoin is flagging. "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," London-based JP Morgan analyst Nikolaos Panigirtzoglou said.
To win the presidency in 2016, Donald Trump exploited a growing gap between the subjective and objective views of America.
Following a year of records the U.S. would rather forget, the stock market is about to set one that bodes well for the economic future—the best election-to inauguration day return for a first-term president since World War II.
The U.S. president capped off a busy year on social media with a message about the stock markets which got a boost after he signed the stimulus package.