SEC's Gensler on GameStop, cryptos: LIVE updates

Cryptocurrency demand forced Robinhood offline this week hurting customers

Securities and Exchange Commission Chair Gary Gensler made his first appearance on Capitol Hill, before the House Financial Services Committee, in his new role. 

Gensler, gave his take, on the factors that contributed to the trading frenzy that hit GameStop and other heavily shorted names including AMC in early January. 

GENSLER TO WALK THRU GAMESTOP TRADING MESS AT HEARING

Ticker Security Last Change Change %
GME GAMESTOP CORP. 200.37 -13.45 -6.29%
AMC AMC ENTERTAINMENT HOLDINGS INC 55.69 -3.57 -6.02%

He was weighed in on cryptocurrencies as investors plow into not only Bitcoin but Ethereum and Dogecoin as well. 

CRYPTO DEMAND KNOCKED ROBINHOOD OFFLINE

A recap of his appearance can be found in the FOX Business Blog. Mobile users click here.

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