Reported 4 months ago
A Wall Street Journal report suggesting that E*Trade may ban Keith Gill, known as the Roaring Kitty, for his involvement in the GameStop trading frenzy prompted social media backlash against the brokerage platform. E*Trade's parent company, Morgan Stanley, declined to comment on the matter. Retail customers expressed anger towards the potential ban, drawing comparisons to previous clashes between brokerages and customers, such as the Robinhood trading restrictions in 2021. Many customers threatened to leave E*Trade, while speculating that rival platforms would welcome Gill as a client if he was removed from E*Trade.
Source: YAHOO