Senator Warren calls on SEC to tackle “market manipulation” amid GameStop growth

Democratic Sen. Elizabeth Warren of Massachusetts on Thursday called on the Securities and Exchange Commission to do more to deal with “market manipulation,” with her comments, as the stock market has recently experienced major movements for GameStop GME,
-44.29%
and other very short actions. “The most important 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 have to have a policeman at your pace. It should be the SEC. They need to strengthen themselves and do their job.” Warren also said “there will be an investigation” and the SEC said Wednesday it is monitoring market volatility.

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