US DOJ Plans Crackdown on Short Selling Amid Concerns of Market Manipulation

The DOJ is reportedly planning to take action against short selling, a practice that profits from betting against stock price surges. The market integrity team has expressed concerns and warned of future activity against short sellers. The DOJ may also take action against officials using corporate trading plans to manipulate the market. Ripple's lawyer in the SEC Vs Ripple lawsuit commented on the DOJ's decision, stating that it highlights the SEC's inability to provide clear regulations.

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