Simpson Thacher in the News
                    Go Back
                 
                
                    
                        Stephen Cutler Quoted in the Financial Times on Social Media Stock Chatter
                    
                    
                
                
             
         
        
            Stephen Cutler, Global Head of the Firm’s Government and Internal Investigations Practice, was quoted in a Financial Times article titled, “Reddit traders wage battle against Wall Street.” The article discussed the recent stock swings resulting from coordinated trading strategies shared on online platforms such as Reddit, and highlighted growing concerns from investors and other market participants on the potential impact on the broader market. Steve, who previously served as the Director of Enforcement at the Securities Exchange Committee, noted that it is often retail investors who are drawn in by the online hype that are ultimately harmed.
To read the full article, please click here (subscription required).