Gary Gensler: “I think that Chairman Schapiro said it very well.”

the initial public offering market would be shut down with the government

The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.

If I can say, breaking the law and not liking the law are different than lack of clarity.

I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.