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.
Transparency leads to lower cost, lower bid spreads. It does shift the information advantage away from Wall Street.
What we need in our society, I believe, is that the large swap dealers should be able to fail.
We have an exemption for the commercial entities, but hopefully, we do not for the financial entities.
If we let it go, it is going to pull down everything else. That was the central lesson of AIG.
Giving the Federal Reserve certain authority in financial markets has the potential of setting up multiple regulators overseeing markets and market functions in the United States.
One year ago, the financial system failed the American public. The financial regulatory system failed the American public.
[w]e now face a new set of challenges as the nation continues to recover from last year's failure of the financial system and the financial regulatory system.





