· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“U.S. Capital Markets and the Public Good” Prepared Remarks before SEC Speaks
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler reviews order competition and clearing reforms adopted under his leadership.
Problems raised
- Retail order execution lacks competition.
- Settlement still takes too long for some products.
- Rules must keep pace with changing markets.
Solutions proposed
- Improve order competition and execution quality.
- Shorten settlement and expand central clearing.
- Keep updating the rules of the road.