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SEC Roundup -- Episode 27: Robinhood CLO Dan Gallagher on regulatory response to meme stocks
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Robinhood Chief Legal Officer and former SEC Commissioner Dan Gallagher comments on recent suggestions from SEC Chair Gensler that would fundamentally restrict the way retail securities transactions are processed. Gallagher points to unintended consequences from these suggested changes that could harm the very people the changes are meant to benefit, ordinary retail investors.