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IIROC, CSA say they will act on abusive trading

Regulators to probe stock manipulation allegations as GameStop shares drop below $100

Interest in shorting GameStop down The regulators also said that they will be making sure companies meet disclosure requirements for anything material that might affect their stock prices. Toronto-listed shares of BlackBerry closed up 4.7 per cent on Monday, but are still down nearly 18 per cent over the past five days after whipsawing last week. The stock has been popular on Reddit forum BayStreetBets, the Canadian counterpart to U.S. viral phenomenon WallStreetBets. In the U.S., shares of GameStop dipped below $100 a share. At one point last week they were trading at almost $500, after a WallStreetBets campaign to buy up the shares and punish short sellers in the process.

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