Democratic Sen. Elizabeth Warren of Massachusetts on Thursday called for the Securities and Exchange Commission to do more to deal with"market manipulation," with her comments coming as the stock market has seen huge moves lately for GameStop GME, -34.58% and other heavily shorted stocks.
"The bigger issue for me is the SEC's inability and unwillingness to deal with market manipulation," Warren said in a CNBC interview, referring to the Securities and Exchange Commission."To have a healthy stock market, you've got to have a cop on the beat. That should be the SEC. They need to step up and do their job." Warren also said"there's going to be an investigation," and the SEC on Wednesday said it's monitoring the market's volatility.
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