So, I thought the bitcoin's volatility attribute was being checked by the SEC and other world financial bodies, if so, why the sharp price fall that just happened in about an hour ago?
It seems you got the wrong idea, the sec is only monitoring the market they have no way to manipulate the market to avoid the volatility, and even then the sec only makes sure that the investments opportunities follow their rules whether it's a good investment or not is something that its impossible for the sec to regulate, so it seems that you have some mistaken ideas about how this market works.