Political Quotes

On the recordJune 4, 2024
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler contrasts regulations of traditional exchanges with crypto exchanges.

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We are a disclosure-based regime, and so when the investing public is anticipating profits based on the efforts of others, it is best that those others, you know, give full, fair, and truthful disclosure.

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I really, I want to thank this Committee for the approval last week of the funding the SEC at the levels that you just mentioned.

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