Democratic Senator Elizabeth Warren of Massachusetts on Thursday called on the Securities and Exchange Commission to do more to address “ market manipulation, ” commenting on how the stock market has been making massive moves for GameStop GME lately,
and other strongly shorted stocks. “The bigger problem 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 an agent on the beat. That should be the SEC. They have to come forward and do their job. ‘ Warren also said “an investigation is coming,” and the SEC said on Wednesday that it is monitoring the market’s volatility.