Discuss how the convergence of Fintech, social media and traditional financial markets have shifted the dynamics of retail investing.

This assignment compromises of 2 mini essays roughly 1350 for the first question and 1400 for the 2nd

The case study comprises the testimony and supporting documentation from the US House of Representatives Committee on Financial Services dated Thursday, February 18, 2021.

House of Representatives (2021) House Financial Services Committee. Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide. Hearing, 18th February. Washington: Government Printing Office. Online.

IMPORTANT Link for video available at: https://www.congress.gov/event/117th-congress/house-event/111207

IMPORTANT Link for case study text available here: https://www.congress.gov/117/meeting/house/111207/documents/HHRG-117-BA00-20210218-SD002.pdf WATCH VIDEO AND READ ALL OF TEXT BEFORE STARTING AS IT PROVIDES CONTEXT TO THE QUESTIONS.

QUESTIONS

Assignment Questions

Using the above case study links above, along with what you find out from your further reading and research on the topic, and focusing on the literature discussed in the module, answer BOTH questions below.

Answer each question separately as a stand-alone mini essay.  use HAVARD REFRENCING STYLE

Question 1(1350 words). Discuss how the convergence of Fintech, social media and traditional financial markets have shifted the dynamics of retail investing, utilising – where relevant – concepts discussed in the module including (but not limited to) key objects of exchange, agents/actors, ties, and structures of relations between agents,
the assembling of trades and the use of distributed cognition.

Discuss how the convergence of Fintech, social media and traditional financial markets have shifted the dynamics of retail investing.
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