SEC To Investigate Market Manipulation In Gamestop Controversy

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The SEC said Friday it is monitoring developments and will “act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws.” However, the U.S. Securities and Exchange Commission will have a difficult time proving the recent surging share price of GameStop Corp. and others like it are the result of market manipulation. Charlie Gasparino reacts.