Political Quotes

On the recordJune 4, 2024
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler contrasts regulations of traditional exchanges with crypto exchanges.

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The investing public, not just here in this country, but around the globe, has taken an interest in these crypto assets.

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Well, what do you say to the person who has to defend themselves in one of these messaging cases? Do you apologize? Do you thank them?

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If this committee were to see fit, and want us to have more resources, we could use them.

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We are a disclosure-based regime, and so when the investing public is anticipating profits based on the efforts of others, it is best that those others, you know, give full, fair, and truthful disclosure.

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