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Gensler Finishes Two Rules and the Business Lobby Starts Calling Lawyers
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Gensler Finishes Two Rules and the Business Lobby Starts Calling Lawyers

Also, SEC chair addresses rumors of Senate run; bank trade association rebuts Fed's criticism of Dodd-Frank rollback

May 03, 2023
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Gensler Finishes Two Rules and the Business Lobby Starts Calling Lawyers
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Check off two items on SEC Chair Gary Gensler’s to-do list. But the SEC’s approval of regulations on stock repurchases and hedge fund disclosures may not be the last word. Within minutes of the commission’s 3-2 vote today on the buyback rule, the U.S. Chamber of Commerce announced it was “considering litigation.” The hedge fund lobby wasn’t quite as agg…

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