Yellen seeks to understand GameStop frenzy as market regulators meet

Topics Janet Yellen | Reddit | US Treasury


By David Lawder WASHINGTON (Reuters) - U.S.

Treasury Secretary Janet Yellen on Thursday vowed to protect investors, but said financial market regulators needed to fully understand the recent trading frenzy involving GameStop Corp and other retail stocks before taking any action. The core infrastructure of financial markets had proven resilient during the high volatility and heavy trading volume around GameStop and other stocks, Yellen said after a high-level meeting with other top regulators to discuss recent market volatility. But.....

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