Democratic Sen. Elizabeth Warren of Massachusetts on Thursday called on the Securities Commission to do more to deal with “market manipulation,” her comments coming as the stock market has been making huge moves lately for GameStop GME
and other sharply shortened stocks. “The biggest problem for me is the SEC’s inability and refusal 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 in rhythm. That should be the SEC. It needs to step up and do its job.” Warren also said that “there will be an investigation”, and on Wednesday the SEC said it was monitoring market volatility.