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The SEC States That It "Will Act To Protect Retail Investors" In Response To Market Drama
Summary: In response to the market volatility caused by the recent long-short battles in the US trading market, the Securities and Exchange Commission (SEC) issued an official statement today. The statement claims that SEC "is closely monitoring and evaluating the extreme price volatility of certain stocks’ trading prices over the past several days. Our core market infrastructure ...
In response to the market volatility caused by the recent long-short battles in the US trading market, the Securities and Exchange Commission (SEC) issued an official statement today.
The statement claims that SEC "is closely monitoring and evaluating the extreme price volatility of certain stocks’ trading prices over the past several days. Our core market infrastructure has proven resilient under the weight of this week’s extraordinary trading volumes."
The SEC did not mention any exchanges but committed to "act to protect retail investors" when there are facts that market participants engage in abusive or manipulated trading activities prohibited by the federal securities laws.
By Mary Liu
Tags: Retail Investors,SEC
Link: The SEC States That It "Will Act To Protect Retail Investors" In Response To Market Drama [Copy]
