#MEMEAct

#MEMEAct The MEME Act is a proposed bill in the United States aimed at regulating meme stocks and protecting retail investors. Here's a brief overview [8]:

- *Purpose*: The bill seeks to address concerns about market manipulation, volatility, and unfair trading practices related to meme stocks.

- *Key Provisions*:

- *Short Sale Restrictions*: The bill proposes restrictions on short selling meme stocks to prevent potential market manipulation.

- *Transparency Requirements*: It aims to increase transparency around short selling activities and meme stock trading.

- *Investor Protections*: The bill includes measures to protect retail investors from potential losses due to market volatility or manipulation.