Enforcement Overdrive? It's Not Just Gensler's Rules Surge That Has Firms on Edge

Also, Musk may have to answer SEC's questions whether he wants to or not; FDIC wants big bank boards of directors to step up their governance game

Gary Gensler’s ambitious rules agenda has prompted no shortage of complaints from Wall Street firms and congressional Republicans. Less talked about, but just as frustrating to many companies, is how enforcement fines have soared under his leadership. Evidence of the increase was on full display last week, as the agency closed out the government fiscal …