CASE STUDY
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. Please 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.
Important: research these key terms: key objects of exchange, agents/actors, ties, and structures of relations between agents, the assembling of trades and the use of distributed cognition. In case you don’t know already so that what you write makes sense.
Also fintech refers to the following: Financial technology (Fintech) is used to describe new tech that seeks to improve and automate the delivery and use of financial services. At its core, fintech is utilized to help companies, business owners and consumers better manage their financial operations, processes, and lives by utilizing specialized software and algorithms that are used on computers and, increasingly, smartphones. Fintech, the word, is a combination of “financial technology”.
[50 marks]