In summary, just a vague "we are watching" statement.
> In addition, we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws. Market participants should be careful to avoid such activity. Likewise, issuers must ensure compliance with the federal securities laws for any contemplated offers or sales of their own securities.
I'm no stock player, so I may not be reading the implied meaning correctly. But on the face of it, it seems at least as recognizing WSB-driven buyers as valid players in this match.
(However, it's an open question whether they consider WSB's attempt at short squeeze as an organic thing, or a coordinated stock manipulation. The latter, as I understand it, is strictly illegal.)
It's a giant government body that overseas a very large tender market of money, they can't just make rash decisions. They need to review, see how it plays out in the longer term, and see how the government is going to want to adjust.
I don't think technically anything (minus the robinhood/other people restricting buying, and even that who knows) that's going on is really "wrong-doing" on the surface. Everything seems to be by the book.
So they'll need to dig deep into the stock and find evidence and provide that evidence to the body that reviews stuff.
You probably won't hear of any changes for months if not years if at all.
"In addition, we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws. Market participants should be careful to avoid such activity."