SEC Suspends Trading In 15 Companies Due To "Questionable Trading And Social Media Activity"
by Tyler Durden Friday, Feb 26, 2021 - 03:26 PM Two weeks ago we said that the regulatory crackdown against WallStreetBets had begun when the SEC suspended trading in pennystock Spectra Science (SCIE). Well, today we got the clearest confirmation yet that the SEC will do everything in its power to make sure that are no more Melvin Capitals and will seek to put a resolute end to the reddit bull raids when it announced that it "suspended trading in the securities of 15 companies because of questionable trading and social media activity." Today's order states that trading is being suspended beca...
Source: zerohedge.com