Yellen summons regulators to discuss market volatility


US Janet Yellen

NEW YORK: Treasury Secretary Janet Yellen (pic) has summoned US financial regulators to discuss recent volatility in financial markets, in her first public effort to address the tumult involving GameStop Corp shares and broker-dealer Robinhood Markets Inc.

Yellen called a meeting with the Securities and Exchange Commission (SEC), the Federal Reserve Board, the Federal Reserve Bank of New York and the Commodity Futures Trading Commission, the Treasury said in a statement late Tuesday.

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