I think that markets work best when they are transparent, open, and competitive.
Gary Gensler
The Public Record
Gary Gensler is the current Chair of the U.S. Securities and Exchange Commission (SEC), having been appointed by President Joe Biden in April 2021. A member of the Democratic Party, Gensler has a background in finance and public service, previously serving as the Chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014. He is known for his focus on financial regulation and consumer protection, emphasizing the importance of transparency and fairness in the financial markets. Gensler has also been a professor at the MIT Sloan School of Management, where he taught courses on blockchain technology and digital currencies.
we did not regulate the swaps marketplace, and it contributed to the crisis that we had in 2008.
I think capital and risk do not know any geographic boundary, so whether it be position limits or other rules, Senator, that is something that we are very conscious of.
part of that cost is so that the taxpayers do not have to bear as great a risk to bail out financial institutions in the future.
only benefits Wall Street and does not benefit Main Street or the corporation that provides service to America.
Congress said that those transactions that are cleared and made available for trading would be brought to swap execution facilities.
The reforms mandated by Congress will reduce systemic risk to our financial system and bring sunshine and competition to the swaps markets.
The financial crisis was very real. There are still 7 million people probably out of work because of it.
You must improve transparency in our securities market and uncover fraud and deception, while not over-regulating our markets and hindering our economic recovery.





