The media goes on about how they need to regulate this activity. The activity that needs to be regulated if anything is the short sellers. They got to the point where they shorted 140% of the available stock. They set themselves up and I am sure they have done it in the past and got away with it.
If more regulation is to come, they need to limit the amount of shorts.
I’d say don’t even touch it, whatever the Government touches is a dumpster fire anyway.
So what if this happened. The important thing is these Hedge Funds got caught and are going to pay a lot of money.