In a recent video and reports the SEC asked for caution on investing into meme stocks. So far we would all obviously agree on that but then comes their definitions, as apperantly all mid-cap companies are meme stocks now. And you should try to do your own research with their manipulated data.
The SEC is once again trying to protect the retail while calling for them to instead listen to their manipulated data and manipulate advices. If the are already fucking the stock market up like that you can’t imagine what they think for Crypto.
Over the past years and months the SEC has proven to be manipulating the retail more than protecting them. For example with blatantly false statements about Crypto.