I think that it is important that investors actually have brokers take their best interests to heart, and that is what we are going to do through examination and enforcement guidance, ensure that that rule is fully complied with as written.
Gensler emphasizes the SEC's commitment to protecting investor interests.
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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.
In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.
I hope we can discuss today how undermining the SEC's mission by furloughing 90 percent of your staff will affect this country and your ability to protect our markets.
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