· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“Honest and Unbiased Investment Management”: Remarks before the Inaugural Conference on Emerging Trends in Asset Management
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler extends custody protections to all client assets.
Problems raised
- Not all client assets get custody protections.
- Cyber threats endanger customer data.
- Small investors need unbiased management.
Solutions proposed
- Expand qualified custodian rules.
- Strengthen cybersecurity and data protection.
- Build on the 1940 Acts' vision.