· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“Competition and the Two SECs” Remarks Before the SIFMA Annual Meeting
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler presents reforms to widen access to Treasury clearing.
Problems raised
- Customer clearing in Treasuries is limited.
- Treasury markets lack competition.
- Private fund investors lack information.
Solutions proposed
- Propose reforms to ease customer clearing.
- Broaden central clearing.
- Pursue the private fund adviser proposal.