Anita Balakrishnan A customer checks on his cellphone as he walks to a GameStop store in Vernon Hills, Ill., Thursday, Jan. 28, 2021. THE CANADIAN PRESS/AP, Nam Y. Huh February 01, 2021 - 2:56 PM TORONTO - The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada warned Monday that they will act if they see manipulative trading as social media platforms like Reddit continue to drive stock market volatility. The regulators released a joint statement on Monday saying that they "will take appropriate regulatory action to protect investors" if they identify "abusive or manipulative trading." The regulators said they are monitoring markets in real time with "strong market oversight and surveillance." The statement also said that the CSA and IIROC are in close contact with international regulators, "recognizing that trading and market volatility is not confined by borders."