The SEC chairperson opposes the House's 21st Century Financial Innovation and Technology Act.
2024-05-22 09:10:56
SEC Chairperson Gary Gensler said on Wednesday that the 21st Century Financial Innovation and Technology Act will harm investors and hinder the work of the Securities Exchange Commission. Gary Gensler believes that the bill will create new regulatory loopholes, undermine decades of precedent for the supervision of investment contracts, and expose investors and capital markets to immeasurable risks.
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