FOX reporter: SEC "must investigate on its own" suspected market manipulation

01/10 02:48

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FOX Business Network reporter Charles Gasparino said that securities lawyers told him that the US Securities and Exchange Commission (SEC) "must investigate on its own" allegations of market manipulation. US Senator Bill Hagerty said that just as the SEC would require a publicly traded company to take responsibility for its significant market-affecting mistakes, Congress also needs to explain what just happened. US Senator Cynthia Lummis also demanded that the SEC provide a certain degree of transparency regarding the incident that led to false posts.

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