Hacker News Reader

> we will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity

Specifically calls out retail investors (i.e. WSB). I read it the opposite way, but I can see how it could be interpreted as a warning to both.

It boils down where and who did the manipulation?

140% shorts, including naked shorts from Melvin?

RH stopping buys but allowing sells?

Conclusive proof that Citidel put their finger on the scales to force RH's actions?

WSB's members constantly chanting hold/diamond hands/ride to the moon?

There's a lot at play, and further examination will make for a good post mortem...

There's a weird aspect of meme-as-protection. It's hard for a regulating entity to cite memes and seemingly offensive speech.