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Sunday, February 5, 2023

Social Media Roast SEC After Satire Mocking Meme Stocks, Crypto Investors

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The SEC in all probability thought it was doing the proper factor by producing movies to alert retail buyers towards dangerous investments.

In one of many brief movies broadcast on its YouTube account on May 31, we’re witnessing a parody of a TV recreation present. Two candidates are enjoying a type of wheel of fortune. The present is known as “Investomania.” 

Candidates have a number of choices starting from “Stocks on Margin,” “Meme Stocks,” “Guaranteed Returns,” “Stocks Tips from your uncle,” “Celebrity Endorsements,” “FOMO” (Fear of Missing Out), “Tulip Bulbs,” “Timing the markets,”  and “Crypto to the Moon.”

Source: www.thestreet.com

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