Gary Gensler: “Openness and competitiveness was at the core of what Congress asked us to do in these rules.”

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

That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.

Chair Gensler said there were many more disclosure rules coming down the line.

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