Gary Gensler actually said...

If you want to raise money in the U.S. public markets, then you have to follow accounting standards that properly account for your liabilities.

Gensler states the necessity of adhering to accounting standards for public market fundraising.

04/17/2023

More Gary Gensler Quotes

I believe this exclusion should be revised to make clear that it is not available to foreign banks or their subsidiaries that are not subjec...

The financial crisis has taught us that the derivatives trading activities of a single firm can threaten the entire financial system.

The financial regulatory system failed the American public.

We must now do all we can to ensure that it does not happen again.