00:00It's Benzinga, and here's what's on the block.
00:02Online broker E-Trade is considering banning
00:05a kiddo known as Roaring Kitty who became famous in 2021 for his involvement in the
00:09GameStop stock trading frenzy. This potential decision has sparked outrage on social media,
00:14with users calling for a boycott of E-Trade and threatening to close their accounts.
00:19Many social media users view this situation as another instance of large Wall Street institutions
00:25taking advantage of small retail investors, similar to the 2021 incident when Robinhood
00:30limited purchases of heavily traded stocks, including GameStop due to volatility.
00:35Supporters of Gil have suggested that if E-Trade bans him,
00:38all retail investors should abandon the platform.
00:40For all things money, visit Benzinga.com
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