SEC SUSPENDS TRADING IN 15 STOCKS THAT HAVE BEEN HYPED

U.S. regulators are engaging in the stock market's version of whack-a-mole — racing to suspend shares of companies with dubious prospects that have been hyped on social media. In a Friday statement, the Securities and Exchange

Commission said it temporarily halted trading in 15 companies due to concerns that their stock prices were artificially inflated. “We proactively monitor for suspicious trading activity tied to stock promotions on social media, and act quickly to stop that trading when appropriate to safeguard the public interest,” Melissa Hodgman, acting director of the SEC's enforcement division, said in a statement.