ContextOversight hearing before the House Financial Services Committee for the SEC, the agency that protects investors and keeps US markets fair, while its crypto and private-fund rules were contested.
Why it mattersGensler defends custody, analytics and disclosure rules before House members.
Problems raised
Client assets held by advisers need stronger custody.
Predictive data analytics can create conflicts.
Investors need consistent climate and cyber disclosures.
Solutions proposed
Expand the role of qualified custodians.
Require firms to address analytics conflicts.
Adopt issuer disclosure rules on climate and cyber risks.
