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E*Trade, owned by Morgan Stanley ($MS), is reportedly considering removing Keith Gill, known as 'Roaring Kitty' and 'DeepF------Value', from its trading platform. The decision stems from growing concerns about potential stock manipulation related to his recent purchases of GameStop (GME) shares. The Wall Street Journal reports that the SEC is reviewing trades around the time of Gill's social media posts and GME call options. This move echoes previous controversies involving retail investors and trading platforms. Gill is a prominent meme-stock leader.
E-TRADE BANNING ROARING KITTY?! - @etrade , owned by Morgan Stanley, is discussing whether to ban Keith Gill, known as "DeepF------Value" on Reddit, due to concerns about potential market manipulation. - GameStop $GME shares surged after Gill revealed a significant position,… https://t.co/nYiIi5Gsyc https://t.co/DxMCp4spYz
E-Trade weighs booting 'Roaring Kitty' Keith Gill from platform: WSJ https://t.co/YgccmjM76L
Crooks: ETrade Is Reportedly Considering Kicking Off RoaringKitty From Their Platform Due To "Growing Concern About Potential Stock Market Manipulation" https://t.co/ExX1aBOA4a https://t.co/ow5s6acJ96