SEC’s Gensler hints at new rules aimed at Robinhood, Citadel following GameStop saga

Securities and Exchange Commission Chairman Gary Gensler has directed staff at the agency to prepare for potential new rulemaking and enforcement actions related to the recent short squeeze of shares in GameStop Inc. and other so-called meme stocks, which could affect app-based stock brokers and the market makers that execute a growing share of retail trades in America.