In a significant development for retail investors, the U.S. Securities and Exchange Commission (SEC) has responded to a formal complaint from the Retail United Advocacy Group regarding alleged market manipulation, naked short selling, failures to deliver (FTDs), and broker-dealer misconduct affecting FingerMotion, Inc. (NASDAQ: FNGR) and retail investors as an entirety. Under Chairman Paul Atkins, who assumed the role in early 2025, the SEC has emphasized retail investor protection, building on initiatives like the Retail Strategy Task Force established in 2017 to address misconduct affecting retail investors. Retail Investor News – SEC Now Responds to Retail Investors on Illegal Manipulation.