The Regulator US Financial Markets Need
Gary Gensler, the chair of the US Securities and Exchange Commission, cannot solve every problem in American finance. But, despite recent criticism of his tenure in the financial press, an SEC with Gensler at the helm is much better than the alternative.
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WASHINGTON, DC – When Gary Gensler became chair of the US Securities and Exchange Commission in April 2021, he started to tighten regulation on some parts of the financial sector. Eighteen months later, the industry’s pushback is becoming intense.