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Stock impact report

Reddit gleeful as MassMutual takes the heat for RoaringKitty’s actions [Yahoo! Finance News]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
It’s not every day that an insurance company gets fined $4 million for failing to properly manage a RoaringKitty, providing schaden-fodder for retail traders on social media.But with summer almost over, the news cycle clearly wants to live a little.Massachusetts regulators havefined MassMutual $4 million, Gill, known online as “RoaringKitty,” was employed by MassMutual as a “financial wellness education director” until late January. In that registered broker-dealer role, Gill was  responsible for the creation of educational materials for clients looking to play the markets, or potential clients looking to do so.MassMutual, according to state regulations, is supposed to monitor any social-media accounts of its registered broker-dealers for recommendations of particular stocks.Regulators now say that Gill’s roughly 590 tweets about investing in GameStop and his more than 250 hours of YouTube videos — during which Gill wore a red headband and colorfully discussed his bull case f Show less Read more
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