· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“A ‘New’ New Era:” Prepared 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 cites valuation fraud cases to press for transparency in derivatives.
Problems raised
- Some cases involve bad valuations and fraud.
- Manipulation harms investors.
- Products carry risks.
Solutions proposed
- Use all enforcement tools.
- Promote transparency initiatives.
- Urge investors to weigh risks carefully.