Steven Maijoor delivers statement on GameStop at the ECON Committee
Market Abuse
Date:
12 March 2021
On 23 February 2021, ESMA Chair, Steven Maijoor, addressed the Members of the European Parliament within the Committee on Economic and Monetary Affairs (ECON). He was invited together with the European Commission's Director for Financial Markets, Ugo Bassi, for an exchange of views on GameStop share trading and related phenomena.
On 17 February, ESMA released a statement to highlight to retail investors the risks connected with trading decisions based exclusively on exchanges of views, informal recommendations and sharing of trading intentions through social networks and unregulated online platforms.