· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiThe Next “Century of Progress": Remarks before the International Swaps and Derivatives Association Annual Meeting
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler wants more broker-dealers under FINRA oversight.
Problems raised
- Some broker-dealers escape FINRA oversight.
- Treasury market clearing is incomplete.
- Cross-market trading needs oversight.
Solutions proposed
- Require broker-dealers to join FINRA.
- Expand central clearing.
- Strengthen oversight of firms trading across markets.