On the recordJune 14, 2011
We do believe that we have sufficient legal authority.
Source
congress.govWe do believe that we have sufficient legal authority.
Gensler asserts confidence in the CFTC's legal authority for reforms.
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This extreme MAGA shutdown would cripple the SEC's ability to stop fraud, help businesses raise money, or finalize rules that are critical to investors.
I do share your concerns that this is a field that is rife with fraud and manipulation and scams.