Senator Warren calls on SEC to deal with ‘market manipulation’ amid GameStop soar



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Democratic Senator Elizabeth Warren of Massachusetts on Thursday called on 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,
-43.18%
and other severely short stocks. “The biggest problem for me is the SEC’s inability and reluctance to deal with market manipulation,” Warren said in an interview with CNBC, referring to the Securities and Exchange Commission. “To have a healthy stock market you have to have a cop on the beat. It should be the SEC. They have to step up and do their job.” Warren also said “there will be an investigation,” and the SEC said Wednesday it was monitoring market volatility.

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