The Securities and Exchange Commission broke its silence Friday morning on the populist investor uprising that has sent the stock price of beleaguered retailer GameStop “to the moon,”warning everyone involved that they are watching… and, for the time being, not doing a whole lot else, it seems.
“The Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities,” the joint statement from acting SEC Chair Allison Herren Lee and the three commissioners.