|
(Feb 17) — In a Feb. 14 interview, the former Goldman Sachs Group Inc. executive and three-time financial regulator commented on financial stability, private credit, and why he's wary of mixing banks and crypto. Some hefty and contentious rules, notably on corporate climate disclosures and reworking the trading structure of equities, are still pending. Gary Gensler says he's looking to lower the cut taken by intermediaries in dealings between investors and issuers to make markets more competitive and efficient.
Gensler is midway through his tenure leading the US Securities and Exchange Commission through a shakeup of financial markets and middlemen, and amid historic changes in the players and what's being traded. The SEC Chair has completed just over half of his agenda.
Here's what Gensler has in mind for the rest.
|
