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It's Complicated

GameStop Frenzy: Do the Traders or Companies Have Any Liability? (with Jerome Tomas)

It's Complicated

Renato Mariotti

News Commentary, News, Politics

4.71.1K Ratings

🗓️ 1 February 2021

⏱️ 60 minutes

🧾️ Download transcript

Summary

Renato and Patti discussed the legal implications of the massive trading interest in GameStop stock. They were joined by former SEC Attorney Jerome Tomas. Subscribe on Youtube:  https://www.youtube.com/@Its.Complicated/   Follow Asha on Twitter: https://twitter.com/AshaRangappa_ Asha's Substack: https://asharangappa.substack.com/ Follow Renato on Twitter: https://twitter.com/renato_mariotti Follow Asha on Instagram: https://www.instagram.com/asha.rangappa/ Follow Renato on Instagram: https://www.instagram.com/renato.mariotti/Follow Renato on Threads: https://www.threads.net/@renato.mariotti   Opening Theme and Bumper music provided by eitanepsteinmusic / Pond5 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

M-S-S-W media.

0:09.0

So what should we make?

0:12.0

So what should we make of all the reasons stock market trading in game style?

0:16.0

Do the traders or the services they use have any legal liability?

0:20.0

Let's get on topic.

0:23.0

Welcome to On Topic, a weekly in-depth look at a topic that helps us understand the

0:39.0

week's news.

0:40.6

My name is Renato Mariati. I'm a former federal prosecutor, a practicing lawyer and a legal analyst.

0:47.0

And I'm joined by my friend Patty Vasquez, the host of the Betty Vasquez show, who joins us regularly on this podcast.

0:55.0

But before I bring in Patty, I want to thank our patrons who brought us this episode.

1:00.0

With special thanks to Andrew Donnelly James From Meyer J.

1:05.4

Gellhausen Jamie and Isy Gordon

1:09.2

Patrick Angela Jackson

1:11.4

Ari Lamstein Dan Maruska,

1:14.8

Shana Wachinsky, and an anonymous patron.

1:18.4

You too can become a patron on our website

1:21.6

On Topic Podcast.com. Just click the on topic podcast

1:23.4

podcast dot com just click the support link at the top of the page so

1:27.6

badi I've got to say I actually in my day job I spent a lot of time thinking about potential liability for traders

1:36.2

and people involved in the stock market in various ways but it's rarely something

1:40.6

that is in the news to quite the extent it is and let's face it

1:44.6

most of us don't really spend a lot of time thinking about the stock market and

...

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