Alternate Title
Rational Investing or Speculative Fever?: SPACs, Robinhood, and Digital Assets—Securities Markets or Casinos?
Keywords
Securities, Disclosure, Speculative Investments, Crypto Assets, Meme Stocks, Gamification
Abstract
This article focuses a recurring theme – speculation in the financial markets. The 2010-2020 decade set the stage for a new round of speculative activity starting in 2021. In the article that follows I reflect on a new wave of speculation and three current examples of speculative activity. The article concludes that regulators should be cautious about over-regulation of SPACs and gamified trading. The article also supports the regulation of digital assets (crypto currencies and NFTs) as securities.
Recommended Citation
Thomas Lee Hazen, Rational Investing or Speculative Fever?: SPACs, Robinhood, and Digital Assets—Securities Markets or Casinos?, 18 FIU L. Rev. 565 (2024), https://doi.org/10.25148/lawrev.18.3.7.
Included in
Banking and Finance Law Commons, Business Organizations Law Commons, Gaming Law Commons, Securities Law Commons