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SEC charges two over wash trades in GameStop and other so-called meme stocks

·3 min read
SEC charges two over wash trades in GameStop and other so-called meme stocks
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The Securities and Exchange Commission charged two traders with engaging in so-called "wash trading" of meme stocks, including GameStop, Inc. in alleged scheme that netted them hundreds of thousands of dollars in ill-gotten rebates from a number of stock brokers.