#MEMEAct The US Congress has introduced #MEMEAct (The Market Equality and Modern Engagement Act), aimed at leveling the playing field between institutional players and retail investors in financial markets. Initiated by the volatile trading of GameStop and AMC stocks in 2021, the bill proposes greater transparency in short selling, real-time trading data disclosure, and enhanced protections for individual investors who use platforms like Reddit and X (formerly Twitter) to share trading ideas.

Proponents argue that #MEMEAct empowers the next generation of investors, ensuring that their voices are not drowned out by hedge funds and market makers. The legislation also seeks to prevent brokers from engaging in arbitrage halts on trading — as was the case during the infamous "Robinhood freeze."

Critics express concerns about overregulating online forums and free speech, but the overall sentiment leans positive. As retail investor participation grows in both traditional and crypto markets, #MEMEAct may set a powerful precedent for financial fairness in the digital age.