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Abstract We present wave and turbulence observations from the DSCOVR spacecraft during the 2017 September solar flare and coronal mass ejection (CME) events. On September 4–12, the spectral index within the magnetic field power spectral density inertial range was consistent with Kolmogorov −5/3. This is despite the 9 days being composed of a complex mix of different features, including solar flares, solar energetic particle events, and CMEs. When analyzing shorter time periods, the spectral index varies. For two days where there were consecutive CMEs, the index follows Kraichnan–Iroshinikov −3/2, while on two quiet days, it was a mixture of −1, −3/2, and −2. The inertial range spectral index taken over the entire 9 days hides or averages out spectral features that occur over shorter time periods. We use a more realistic estimate of the amount of Doppler shifting into the spacecraft frame to show that the break frequencies on most days were located close to the H+ cyclotron frequency. We present evidence of wave–wave modulation and suggest that lower-frequency waves in the solar wind can modulate the growth rates/propagation of ion cyclotron waves, providing a method to transfer energy in the solar wind to smaller scales. Furthermore, we suggest that the indices in the inertial range can be explained by combining containment due to wave generation/propagation and stochastic Brownian motion in the solar wind. When these two phenomena are equal, they combine to create a −3/2 index.