Seriously, how is a public SEC investigation going to benefit the "integrity" of the system and "inspire confidence among investors"? If the story is both fake

Seriously, how is a public SEC investigation going to benefit the "integrity" of the system and "inspire confidence among investors"? If the story is both fake and some grand market manipulating plot, most people involved are 1) going to hope that the public forgets that this story ever was; and 2) deal w/this privately. But since some clearly disagree, I eagerly await your well-informed case.