Jon Stewart advocates for small investors and shares tips for leveling the playing field.
Comedian Jon Stewart has criticised Wall Street and corporate investors for limiting the success of retail investors, claiming the financial system was built for those operating within it. Stewart interviewed SEC Chair Gary Gensler on his new TV show and podcast, discussing the lack of jail time for financial crimes and the crowdsourcing of a way to root out corruption by members of the subreddit WallStreetBets. Retail investors have advantages over professionals, including flexibility, domain expertise, longer timeframes and lower costs, and can gain an edge without a VIP pass. The SEC has proposed new rules to level the playing field, but brokers, lobbyists and hedge fund managers have pushed back.
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