In the meantime, the SEC begins checking the social network Reddit for fraud and misinformation throughout the stock story.
[To read](https://www.bloomberg.com/news/articles/2021-02-03/sec-hunts-for-fraud-in-social-media-posts-that-drove-up- gamestop)
I believe that very soon any social network, if its subscribers are engaged in pump activity, will start very, very serious problems.
However, I am afraid that things may go further.
How is it done? If they begin to fight with something, they fight until only scorched earth remains behind.
So US Treasury Secretary Janet Yellen met with the leaders of American regulators and discussed the sharp fluctuations in the stock market.
I think we can wait for some organizational conclusions. And, as a result, increased administrative pressure.
It is quite possible that very soon the social networks, frightened by SEC, will be banned for any mention of the markets. Even if the goal of your publications is to increase the level of financial literacy.
This can be really unpleasant.
Do you think I'm exaggerating?
