Al Jazeera English published this video item, entitled “Is Wall Street rigged against the small investor? | The Bottom Line” – below is their description.
This year “meme stocks”, like GameStop and theatre chain AMC, brought attention to market manipulation tactics and financial instruments such as “short selling” in the stock market.
Individual investors banded together online, especially on Reddit, and shot up the share price of several companies for a while.
Are we witnessing a new era when huge corporations and funds will have to pay attention to retail investors, known as “the little guy”?
Host Steve Clemons talks to wealth manager Lee Munson and Pennsylvania State Secretary of Banking and Securities Richard Vague about the forces at play on Wall Street.
–Al Jazeera English YouTube Channel
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