From GOAT To Scapegoat: Redditor Who Made Millions During Gamestop Chaos Already Being Set Up To Take The Fall

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Title From GOAT To Scapegoat: Redditor Who Made Millions During Gamestop Chaos Already Being Set Up To Take The Fall
URL From GOAT To Scapegoat: Redditor Who Made Millions During Gamestop Chaos Already Being Set Up To Take The Fall | ZeroHedge
Comment "But not only is Gill being dragged in front of the Committee (though Waters couldn't say whether he was "confirmed", only that she was trying to "get" him for the hearing), but regulators in Massachusetts are taking aim at him, and it looks like they have found an excuse to punish and scapegoat Gill, due to the fact that, technically, he was still employed by a major insurance firm, and was a registered securities broker, while carrying on his anonymous social media persona and pitching stocks online. Some might construe that as a conflict, and regulators are reportedly - according to the NYT - putting pressure on both Gill and his former employer, MassMutual, one of the biggest financial services firms in the state of Massachusetts.

MassMutual has reportedly told regulators that it was unaware of Gill's extracurricular social media activity. Nevertheless, according to federal regulations, the firm is responsible for monitoring the activity of its employees."