Finance › Speeches › Gary Gensler

“Partners of Honest Business and Prosecutors of Dishonesty”: Remarks Before the 2023 Securities Enforcement Forum

· Gary Gensler, Chair of the U.S. Securities and Exchange Commission (United States)

Summary written by Dark Majestic in its own words · topics: financial stability

GG
· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“Partners of Honest Business and Prosecutors of Dishonesty”: Remarks Before the 2023 Securities Enforcement Forum

ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.

Why it mattersGensler explains how cooperation can reduce penalties.

Problems raised
  1. Vulnerable investors suffer affinity fraud.
  2. Bad actors must be kept out of markets.
  3. Firms may hesitate to self-report.
Solutions proposed
  1. Hold violators accountable quickly.
  2. Seek penalties and preventive relief.
  3. Reward cooperation with lower penalties.
Read full speech on sec.gov ↗

More from Gary Gensler · U.S. Securities and Exchange Commission · all speeches

More speeches by Gary Gensler

Other leaders on financial stability