WASHINGTON – Progressive US senators Bernie Sanders and Elizabeth Warren called on Sunday for action against what they said were the Wall Street abuses by hedge funds revealed by the recent frenzy over GameStop shares.
“We need an SEC investigation,” Warren told CNN, referring to the federal Securities and Exchange Commission.
“What’s happening with GameStop is just a reminder of what’s been going on on Wall Street now for years,” the Democratic senator said.
“It’s a rigged game, and it’s been a set of players who come in and manipulate the market.”
Amateur investors who organized over Reddit and other online forums have in recent days targeted shares of com…
Keep on reading: GameStop: Two US senators call for Wall Street reform