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Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress

Published 02/11/2021, 01:30 PM
Updated 02/11/2021, 03:20 PM
Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress

Executives from companies involved in the recent controversy between hedge funds and retail investors from Reddit may be testifying at a House Financial Services Committee hearing next week.

According to a Reuters report, two people familiar with the matter said executives from trading app Robinhood, investment manager Melvin Capital, and hedge fund Citadel are expected to testify in a congressional hearing scheduled for Feb. 18. Bloomberg reported that Citadel founder Ken Griffin is likely to be in attendance, as is Robinhood CEO Vlad Tenev.

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