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

- *Objective*: This legislation aims to address concerns about market manipulation, volatility, and unfair trading practices related to meme stocks.

- *Key Provisions*:

- *Short Selling Restrictions*: This legislation proposes restrictions on short selling of meme stocks to prevent potential market manipulation.

- *Transparency Requirements*: It aims to enhance transparency surrounding short selling activities and trading of meme stocks.

- *Investor Protection*: This legislation includes measures to protect retail investors from potential losses due to market volatility or manipulation.