U.S. SEC says it is evaluating stock volatility -statement

WASHINGTON, Jan 29 (Reuters) - The U.S. Securities and
Exchange Commission on Friday said it was closely monitoring
potential wrongdoing amid recent price volatility in the U.S.
stock market, and warned against illegal "manipulative trading
activity."

"The Commission is closely monitoring and evaluating the
extreme price volatility of certain stocks’ trading prices over
the past several days. Our core market infrastructure has proven
resilient under the weight of this week’s extraordinary trading
volumes," it said in a statement. "Nevertheless, extreme stock
price volatility has the potential to expose investors to rapid
and severe losses and undermine market confidence."
(Reporting by Susan Heavey
Editing by Chizu Nomiyama)

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