While SEC Enforcement Director Gurbir Grewal refused to discuss any investigations, his comments during a House subcommittee hearing on Tuesday are the latest signal from the regulator that a crackdown is coming for practices that critics refer to as the gamification of investing.
Read MoreEspecially during the pandemic, investing has become more of a hobby and entered into the gaming arena. MORE FOR YOU. But investing has historically been the preserve of a small but wealthy minority, with normal consumers excluded through a mixture of cost and lack of information, awareness and access due to the archaic nature of traditional investment methods.
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