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Why SEC Is Unlikely To Probe Roaring Kitty As He Exploits Loophole

Why SEC Is Unlikely To Investigate Roaring Kitty As He Exploits Legal Grey Area

Keith Gill, popularly known as “Roaring Kitty,” has once again attracted attention for his trading maneuvers with GameStop Corp. (GME). However, Gill is reportedly taking advantage of a legal grey area in market regulations, raising alarm among industry professionals. Additionally, experts in the field of law suggest that the SEC may not be able to directly investigate Roaring Kitty due to ambiguities in existing rules and regulations.