· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiOral Testimony Before the Senate Committee on Banking, Housing, and Urban Affairs
Read full speech on sec.gov ↗ContextOral statement to the Senate Banking Committee by the head of the SEC, the US investor-protection agency, during a busy rule-making agenda contested by the industry.
Why it mattersGensler tells senators most of his rule agenda has now been proposed.
Problems raised
- Markets must serve investors and issuers.
- The SEC oversees $100 trillion in capital markets.
- Rules must keep up with change.
Solutions proposed
- Keep investors and issuers at the centre.
- Advance the unified rulemaking agenda.
- Update rules for modern markets.