On the recordSeptember 16, 2009
I think it is something appropriate for Congress to take up.
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congress.govI think it is something appropriate for Congress to take up.
Gensler advocates for Congress to address the concentration in financial markets.
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This is a field that is rife with fraud and manipulation, and I am looking out for the American investors who have been hurt by the crypto fraudsters and scammers.
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.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
Chair Gensler said there were many more disclosure rules coming down the line.