Gary Gensler: “I think it will protect consumers, but also we are, by the nature of our agency, not somebody that has examiners on…”

It is rife with fraud, scams, and abuse.

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

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.