There is fundamental inequality present in our stock market.
Earlier this month, when Americans tried to invest in the stock market, Wall Street hedge funds and trading platforms such as Robinhood prevented buyers from purchasing shares of Gamestop, AMC, and 11 other companies.
Hedge funds and stock market insiders used their power to control the market and keep Main Street out of Wall Street. They used these self-imposed restrictions to create a stock market that works for themselves, not the people.
But together, we can demand market equality. Will you join me and LeftNet in calling for an investigation into Robinhood, regulations for short selling, and rules against hedge funds using their power to create a rigged game? Sign our petition today »
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Hedge funds must play by the same rules that everyone else follows — but to do that we need to reform Wall Street and hold them accountable for this market manipulation.
The CEO of Robinhood is expected to testify before the U.S House Financial Services Committee in two weeks, but market inequity goes beyond this one instance. We need more hearings that focus on hedge funds and clearing houses’ ability to control the stock market and make billions of dollars doing so, all while over 50% of Americans are not involved in the stock market.
It’s time to fight for a stock market that works for all. Sign onto our petition demanding market equality through real reform and regulations.
Let's do this,
Ro Khanna via LeftNet