GameStop Corp GME

Consumer Cyclical

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across all of its segments: 2,915 in the United States, 203 in Canada, 404 in Australia, and 647 in Europe. Its stores and e-commerce sites operate primarily under the names GameStop, EB Games and Micromania. Its Australia and Europe segments also include approximately 49 pop culture themed stores selling collectibles, apparel, gadgets, electronics, toys and other retail products for technology enthusiasts and general consumers in international markets operating under the Zing Pop Culture brand. The Company's brands also include its print and digital gaming publication, Game Informer magazine.

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GameStop Corp > Yellen to Meet w/ Regulators on GameStop, Market Volatility

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Comment by Pandoraon Feb 02, 2021 10:43pm

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Post# 32455150

RE:Yellen to Meet w/ Regulators on GameStop, Market Volatility

Thought she was supposed to recuse herself because of the $1M she received from Citadel - one of the main Hedge players?

Ochung230 wrote: https://www.wsj.com/articles/janet-yellen-to-meet-with-regulators-on-gamestop-market-volatility-11612318927

Janet Yellen to Meet With Regulators on GameStop, Market Volatility

Treasury secretary has called meeting with SEC, Federal Reserve and CFTC

Treasury Secretary Janet Yellen is expected to meet with regulators as early as Thursday.
Photo: christopher aluka berry/Reuters

By Kate Davidson
Updated Feb. 2, 2021 9:31 pm ET

Breaking News:

Treasury Secretary Janet Yellen has called a meeting with top financial regulators to discuss recent volatility in financial markets related to GameStop Corp. , a Treasury spokeswoman confirmed Tuesday night.

Ms. Yellen, who chairs a council of regulators that monitors financial stability risks, has asked for a meeting with officials at the Securities and Exchange Commission, the Federal Reserve, the New York Fed and the Commodity Futures Trading Commission, Treasury spokeswoman Alexandra LaManna said.

“Secretary Yellen believes the integrity of markets is important and has asked for a discussion of recent volatility in financial markets and whether recent activities are consistent with investor protection and fair and efficient markets,” Ms. LaManna said.

The meeting, which is expected to occur as early as Thursday, was previously reported by Reuters.

(More to come.)