MassMutual fined $4M over employee's role in GameStop frenzy - NewsBreak

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By Poppy in Business
Updated 3 years ago

MassMutual has been fined $4 million as part of a settlement with Massachusetts regulators, who accused the life insurance company of failing to adequately supervise an employee who promoted GameStop's stock on social media, helping prompt a trading frenzy earlier this year. William Galvin, the state's secretary of the commonwealth,...

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