Gary Gensler: “Congress wrote into our statute that this could be unreasonable price fluctuations or the volatility that do not bear…”

In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.

This extreme MAGA shutdown would cripple the SEC's ability to stop fraud, help businesses raise money, or finalize rules that are critical to investors.

The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

No. The answer is, no.