The next big stock market hack may be an easy one to pull off, but for the tech-savvy, it may not be so easy.
The Securities and Exchange Commission has already banned three companies from trading on the S&P 500 since they sold stocks that traded on the Nasdaq, which is an unregulated market for stocks.
Those companies, among others, are Google, Facebook, and Intel.
So far, though, there are only two people in the US who can pull off the hack.
It is possible to hack the Nasex, but there are no rules that govern how to use the hack, which requires people to create accounts, create stock quotes, and then send an email.
In a statement, the SEC said that while it was possible to gain access to the trading market via the NasEx, it would be difficult to pull it off.
“As a general rule, Nasex rules prohibit any unauthorized trading on a Nasex-listed security,” the statement said.
“This rule does not include the NasEX itself.
Rather, it includes trading in a NasEx-listed securities of any company or persons that do not have a majority interest in the security.
If you are an individual, a business, or a government agency that has a majority stake in a security, you must be able to demonstrate that you have the ability to access the trading markets, as well as a valid reason to access it.
In addition, the NasDAQ requires an authorization number from the SEC that must be included in your request.”
The SEC’s move comes amid a slew of other hacks in recent weeks.
Hackers gained access to some of the biggest stocks on the New York Stock Exchange, and on Thursday, hackers gained access only to a small portion of the Nasdex.
In the past week alone, the US government has also blocked access to trading on several major exchanges, including the Nas and Nasdaq.
“We have seen the cyberattackers attempting to access some Nasdaq Nasdaq trading venues, which we expect will cause further disruptions in the trading and price action of Nasdaq stocks,” Nasdaq said in a statement.
The SEC did not immediately respond to a request for comment.
