The SEC must switch sides in the fight to protect investors, markets & the economy

 The SEC must switch sides in the fight to protect investors, markets & the economy

by Dennis Kelleher

Gary Gensler, the former Chairman of the Commodity Futures Trading Commission (CFTC) and former partner at Goldman Sachs, was sworn into office Saturday, April 17, 2021 as the new Chairman of the Securities and Exchange Commission (SEC). 

The SEC’s mission is to protect investors; facilitate capital formation; promote fair, orderly, and efficient markets; and strengthen financial system resilience and stability. 

To fulfill the agency’s mission, Chairman Gensler will have to tackle multiple, complex issues simultaneously.  Those issues fall into five categories: remedying Trump’s deregulation, completing the unfinished Dodd-Frank rulemakings, going beyond Dodd-Frank to implement other long-overdue reforms, instituting Biden administration priorities, and…

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