Gensler Faces More Democratic Pushback, This Time on Treasury 'Dealer' Rule

Also, SEC's outsourcing proposal leads to strange bedfellows of opposition; JPMorgan hires new head of federal government relations

In a potentially troubling development for Gary Gensler, his expansive regulatory agenda is prompting new pushback from Democrats – and not just Republicans whose (almost) knee-jerk criticism has dogged the SEC chair since he was sworn in. The latest policy initiative making a bipartisan group of lawmakers uneasy is Gensler’s effort to require a lot mor…