Having gone through a lot of challenging negotiations with the Chinese authorities over a separate matter around auditing and inspecting auditors, I share your concern because it is quite a challenge.
Gensler acknowledges the difficulties in regulating Chinese firms operating in the U.S.
Share
More from Gary Gensler
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
I do share your concerns that this is a field that is rife with fraud and manipulation and scams.
Other voices in this conversation
