Article: SEC chair Gensler says agency will enforce rules ‘aggressively’ against bad actors

Article - Media, Publications

SEC chair Gensler says agency will enforce rules ‘aggressively’ against bad actors

Bob Pisani, 20 May 2021

Securities and Exchange Commission Chair Gary Gensler said he would be aggressively pursuing bad financial actors who were “playing with working families’ savings.”

Gensler made his remarks at a Financial Industry Regulatory Authority conference with Robert Cook, president and CEO of FINRA. FINRA is the agency that regulates broker-dealers and exchanges.

As he did in his recent Congressional testimony, Gensler emphasized that enforcement would be a key part of protecting the public.

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Article: Gary Gensler has a full agenda as he gets set to take over the SEC

Article - Media, Publications

Gary Gensler has a full agenda as he gets set to take over the SEC

Bob Pisani, 14 April 2021

(The Senate is expected to confirm Gary Gensler as the new chairman of the Securities and Exchange Commission on Wednesday, and crypto assets — including bitcoin — are likely high on his agenda.

With Democrats in control of all three major branches of government, and the SEC commissioners now with a 3-2 Democratic majority, Gensler is likely to face calls from progressives to act on several fronts, including ESG, the Gamestop fallout, the Archegos fiasco, payment for order flow, fiduciary obligations, and especially regulations around securities in the crypto space, including a bitcoin ETF.

A Senate vote on Gensler’s nomination is scheduled for 11:45 a.m. ET. Continue reading “Article: Gary Gensler has a full agenda as he gets set to take over the SEC”