Banning Keith Gill would be a 'black eye' for Morgan Stanley

Yahoo Finance Video
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Meme trade influencer Keith Gill, or "Roaring Kitty," faces a potential ban on the stock trading platform E-Trade. This stems from allegations of market manipulation, ignited by a social media post revealing his position in GameStop (GME), which led to a massive rally in the company's shares.

Apex Fintech Solutions CEO Bill Capuzzi joins the Morning Brief to discuss why he believes that "there's no reason" for Gill to be barred from the platform, saying that doing so would be "a black eye for Morgan Stanley." Drawing a parallel to the actions of financial giants like Berkshire Hathaway (BRK-A, BRK-B), which routinely discloses its holdings through 13-F filings, Capuzzi declares, "I don't see anything wrong with what he's done."

"Frankly, we would invite him onto the Apex platform, based upon the facts and circumstances that I see," Capuzzi tells Yahoo Finance.

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This post was written by Angel Smith